InvestSMART

Merino & Co. Limited (ASX:MNC)

ALERT: Price-sensitive ASX Announcement for MNC
Current share price for MNC : $0.095 0.013 (15.85%)+
Announcement
Release
31 Jul 2026 12:41PM
Price at Release
$0.082
Full Release
download
Summary
The Q4 FY2026 report for Merino & Co. Limited highlights their return to positive operating cash flow with net inflows of A$74,000, following a significant turnaround from previous quarters. The company secured an exclusive distribution agreement in China and an initial purchase order worth A$1.1 million, marking significant progress in their international expansion strategy. The report also notes improvements in airport retail performance and progress in domestic wholesale deliveries. The focus for FY27 will be on demand, conversion, and fulfillment, aligning with their strategy for capital-light international growth. As of June 30, 2026, the company held A$740,000 in cash, reflecting a stable financial position and effective cost management over the quarter.
Key Points
  • Return to positive operating cash flow with net operating cash inflows of A$74,000.
  • Exclusive distribution agreement with China.
  • Initial purchase order valued at A$1.1 million.
  • Improvement in airport retail performance.
  • Domestic wholesale delivery progress.
  • Capital-light international growth strategy.
  • Cash receipts for the quarter were A$910,000 and for the past 12 months A$2.027 million.
  • Operating payments included product manufacturing costs, staff costs, leased assets, and more.
  • Appendix 4C Quarterly Cash Flow Report shows cash holdings of A$740,000 as of 30 June 2026.
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.