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Nutritional Growth Solutions Ltd (ASX:NGS)

ALERT: Price-sensitive ASX Announcement for NGS
Current share price for NGS : $0.022 0.002 (10%)+
Announcement
Release
30 Oct 2025 5:37PM
Price at Release
$0.020
Full Release
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Summary
Nutritional Growth Solutions Ltd (NGS) released its Quarterly Activities Report and Appendix 4C Cash Flow Statement for Q3 FY25, ending 30 September 2025. The company reported a revenue of US$486k, an increase of approximately 13% from the previous quarter due to improved inventory and retail momentum. Key achievements include the retail expansion of Happy Tummies® into 5,500 CVS stores and the renewal of Walmart placements, including three KidzProtein® SKUs. Operating cash flow showed a net use of US$379k, reflecting efficient cost management. The company completed its production for the Healthy Heights® portfolio, resolving previous inventory shortages, and raised AU$760k to support its US retail rollout. Cash and cash equivalents at the end of the quarter totaled US$169k. The company anticipates continued revenue growth in the next quarter, supported by retail expansion and improved operating margins. CEO Stephen Turner expressed optimism for ongoing improvements towards profitability.
Key Points
  • Q3 FY25 revenue of US$486k, up 13% from the previous quarter.
  • Happy Tummies® stocked in 5,500 CVS stores.
  • Renewed Walmart placement with three KidzProtein® SKUs.
  • Net operating cash use of US$379k.
  • Completed production for Healthy Heights® resolving inventory issues.
  • Raised AU$760k for US retail expansion.
  • Cash and cash equivalents at quarter end were US$169k.
  • Anticipates revenue growth in Q4 FY25.
  • Stephen Turner optimistic about reaching profitability.
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.