Bubs Australia
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Bubs Australia wins permanent FDA nod for infant formula sales
The company said it secured FDA approval for Bubs Goat, Bubs 365 Day Grass Fed and Bubs Essential.
Bubs Australia revenue climbs, but profit falls amid mixed regional results
Management noted that US growth was partly offset by weaker performance in Australia and the rest of the world.
Bubs Australia appoints new chair and MD
CEO Joe Coote has also joined the board as MD, with both appointments effective immediately.
Bubs Australia posts revenue increase across markets
“We continue to build strong momentum in the US as well as our other core markets,” said CEO Joe Coote.
Strong sales growth bounces Bubs back into the black as new CEO takes helm
The company expects a full-year EBITDA of between $5.5 million and $6 million.
Bubs wins legal dispute against ex-Hong Kong distribution partners
Bubs terminated then-CEO Kristy Carr in the aftermath of the incident, for going against the directions of the board.
Bubs shows continued growth in quarterly results
Bubs saw a 48 per cent increase in sales in the US in the third quarter to $10.8 million.
Bubs Australia’s second-quarter net revenue surges
Australian sales are up 32 per cent, China sales by 68 per cent.
Bubs’ gross revenue declines in first quarter
In Australia, Bubs' revenue dropped 19 per cent to $6.1 million.
Bubs Australia’s net loss lessens as sales continue to climb
The company's revenue surged in all markets, including the US.
Bubs’ revenue surges as growth recorded across markets
Gross revenue rose 35 per cent to $100.2 million for FY24, exceeding the guidance of $80 million.
Bubs achieves record US weekly revenue of $1 million
The company reported selling more than 24,000 tins per week and becoming the No 1 best-selling infant formula product on...
Bubs Australia’s quarterly gross revenue rises 25.9 per cent
The company said it is on track to exceed the forecasted revenue of $100 million in the fourth quarter.
Bubs storms the US – sales up 161 per cent
Both Amazon and brick-and-mortar store sales growing rapidly across the country.
Bubs’ revenue surges amid continued US momentum
Sales in the US market surged 498 per cent during the second quarter.
US sales surge boosts Bubs’ first quarter
Revenue from the US was up by 48 per cent, mitigating a 51 per cent slump in China.
Despite doubling its US sales, Bubs posts $108 million loss
Sales in China plunged 73 per cent, largely due to Covid-related lockdowns and issues with it former partner distributor...
Bubs Australia names former Bulla exec as new CEO
Reg Weine was previously a non-executive director and board member of the company and replaces interim CEO Richard Paine...
Bubs Australia reports strong fourth quarter sales, up 27 per cent
The company said it remains on track to meet all regulatory requirements for permanent access to the US market, where sa...
Failed partnerships see Bubs chart fresh pathway to crucial China market
Infant-milk maker says it faces a $25 million write-off on a stockpile of unsold products – enough to fulfil five years'...
