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Oliver's Real Food Limited (ASX:OLI)

ALERT: Price-sensitive ASX Announcement for OLI
Current share price for OLI : $0.005 -0.002 (-28.57%)+
Announcement
Release
30 Apr 2026 10:35AM
Price at Release
$0.007
Full Release
download
Summary
Oliver's Real Food Limited reported its financial and operational performance for the quarter ending March 2026. The company achieved an EBIT of $233,000, a 131% increase compared to the same period last year, despite a revenue decrease of 8.16% to $5.69 million, influenced by store closures. Same-store sales saw a positive growth of 4.70%, with cost reductions yielding a 13.04% decrease in expenses. The report highlighted the impact of the Iran conflict on sales and costs, but noted the company's improved resilience due to recent restructuring efforts. The cash flow from operating activities was $665,000, and a new sponsorship agreement with the Newcastle Jets was signed to enhance brand visibility and community engagement.
Key Points
  • EBIT improved by 131% to $233,000.
  • Revenue decreased by 8.16% to $5.69 million due to store closures.
  • Same-store sales increased by 4.70%.
  • Expenses decreased by 13.04% due to cost reduction initiatives.
  • Cash flow from operating activities was $665,000.
  • Impact of Iran conflict on sales and costs noted.
  • Sponsorship agreement with Newcastle Jets signed.
  • Business model more robust after restructuring.
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.