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OMG Group Limited (ASX:OMG)

ALERT: Price-sensitive ASX Announcement for OMG
Current share price for OMG : $0.006 -0.003 (-31.25%)+
Announcement
Release
29 Apr 2026 5:56PM
Price at Release
$0.008
Full Release
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Summary
OMG Group Limited reported significant progress during Q3 FY26, achieving a 44% year-on-year increase in net sales and a national Woolworths ranging extension for its PrOATein range. The company strategically invested in scaling its business, including launching a dual-brand matcha platform with promising early results. Despite a net operating cashflow of negative $637k due to strategic investments, OMG maintained a cash balance of $1.6 million at quarter end. Key developments include the appointment of Steve Smith as Non-Executive Director and securing total available funding of approximately $2.1 million. These initiatives align with OMG's strategy to capitalize on expanding distribution and enhancing brand reach.
Key Points
  • OMG Group Limited reported a 44% year-on-year increase in net sales for Q3 FY26.
  • The company secured a national Woolworths ranging extension for its PrOATein range.
  • OMG launched a dual-brand matcha platform, which is generating early commercial activity.
  • Net operating cashflow for the quarter was negative $637k, impacted by strategic investments.
  • The cash balance at the end of March 2026 was approximately $1.6 million.
  • OMG appointed Steve Smith as Non-Executive Director to enhance brand and commercial reach.
  • The company has a total available funding of around $2.1 million including undrawn facilities.
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.