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Pure Foods Tasmania Limited (ASX:PFT)

ALERT: Price-sensitive ASX Announcement for PFT
Current share price for PFT : $0.020 -0.006 (-23.08%)+
Announcement
Release
30 Apr 2026 5:41PM
Price at Release
$0.026
Full Release
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Summary
Pure Foods Tasmania Limited reported a positive operating cash flow of $64,000 in the March 2026 quarter, marking a significant turnaround from the previous year's outflow. This improvement was driven by cost rationalization, enhanced operational efficiency, and increased manufacturing utilization. The company successfully expanded its distribution network through major channels like Costco and Drakes Supermarkets. Additionally, PFT commenced contract packing for Brilliant Food Australia, which led to its acquisition, and implemented AI tools to enhance sales and marketing strategies. The company remains focused on expanding its reach, pursuing strategic acquisitions, and maintaining cash flow discipline.
Key Points
  • Positive operating cash flow achieved in March 2026 quarter: $64k.
  • Customer receipts totaled $1.83M in the quarter.
  • Significant improvement from Q3 FY25 which had a cash outflow of $(51k).
  • Initiatives included cost rationalization, workforce streamlining, and improved manufacturing utilization.
  • Contract packing with Brilliant Food Australia (BFA) commenced, leading to its acquisition by PFT.
  • Distribution expanded through Costco and Drakes Supermarkets.
  • Implementation of AI-enabled sales and marketing dashboards for improved decision-making.
  • Focus on expanding distribution and pursuing strategic acquisitions while maintaining cash flow discipline.
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.