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Maggie Beer Holdings Ltd (ASX:MBH)

ALERT: Price-sensitive ASX Announcement for MBH
Current share price for MBH : $0.071 -0.01 (-12.35%)+
Announcement
Release
27 Feb 2026 9:49AM
Price at Release
$0.081
Full Release
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Summary
Maggie Beer Holdings Ltd reported a net profit of $0.4 million for the half-year ended 31 December 2025, with a slight revenue decline to $52.9 million. Maggie Beer Products saw a revenue growth driven by new product launches, while Hampers and Gifts Australia faced revenue challenges. The group maintained a flat gross margin and initiated a strategic review of its HGA operations. A total of $5.28 million was raised through a share placement and rights issue, supporting a strong balance sheet with net assets of $39.0 million. No dividends were declared during the period.
Key Points
  • Maggie Beer Holdings Ltd reported a net profit of $0.4 million from continuing operations for the half-year ended 31 December 2025.
  • The group experienced a slight revenue decline of 1.7% to $52.9 million compared to the previous corresponding period.
  • Maggie Beer Products (MBP) saw a revenue growth of 4.6% with new product launches and increased sales across most retail customers.
  • Hampers and Gifts Australia (HGA) faced challenges with a 4.8% revenue decline, impacted by competitive markets and website issues.
  • Gross margin for the group remained flat at 50.0%, while HGA improved its gross margin to 56.5% due to reduced discounting.
  • A strategic review of HGA was initiated following unsolicited approaches from external parties.
  • The company raised $2.98 million through a share placement and an additional $2.3 million via a rights issue.
  • The balance sheet remained strong with net assets of $39.0 million and a net cash position of $12.6 million as of 31 December 2025.
  • No dividends were declared or paid during the financial period.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.