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Oliver's Real Food Limited (ASX:OLI)

ALERT: Price-sensitive ASX Announcement for OLI
Current share price for OLI : $0.006 0 (0%)+
Announcement
Release
16 Jul 2026 3:02PM
Price at Release
$0.006
Full Release
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Summary
Oliver's Real Food Limited reported its financial results for the quarter ending June 2026, highlighting a decline in revenue to $5.1 million due to store closures. Despite the revenue decline, there was an improvement in efficiency and a significant reduction in expenses by 18.15%. The net cash from operating activities for the year was $2,534,000, and there was a net decrease in cash equivalents by $209,000 over the year. The company is exploring new site opportunities to expand its market reach. The restructuring efforts have streamlined operations, allowing for a focus on growth opportunities. The report also notes that there were no payments made to related parties during the quarter.
Key Points
  • Revenue decreased to $5.1 million due to store closures.
  • Expenses were reduced by 18.15% as a result of improved efficiency.
  • Net cash from operating activities for the year was $2,534,000.
  • Net decrease in cash equivalents by $209,000 over the year.
  • Exploring new site opportunities for market expansion.
  • No payments were made to related parties during the quarter.
  • Operational efficiencies have been achieved through 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.