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Peak Processing Limited (ASX:PKP)

ALERT: Price-sensitive ASX Announcement for PKP
Current share price for PKP : $0.016 -0.001 (-5.88%)+
Announcement
Release
29 Apr 2026 8:59AM
Price at Release
$0.017
Full Release
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Summary
Peak Processing Limited (ASX: PKP), a leading manufacturer of THC-infused beverages, reported its first month of positive EBITDA in March 2026. The company achieved a 56% contribution margin on a record revenue of approximately A$1.22 million. The reset of Peak's operational model resulted in reduced operating expenses and increased production efficiency. Q3 FY26 saw significant customer agreements and the launch of new product lines, contributing to an upgraded production forecast for Q4 FY26 with expected 1.5 million beverage units. The company's cash flow statement showed a net cash from financing activities of A$2.5 million, while cash from operating activities was negative due to high payments for manufacturing and staff costs. Strategic initiatives, including the commissioning of the Envision Emulsion Lab in Florida, are expected to support continued growth in both Canadian and U.S. markets.
Key Points
  • First positive EBITDA achieved in March 2026 with A$159k.
  • Record monthly revenue of A$1.22m achieved.
  • Operational expenses reduced significantly under new model.
  • Q3 FY26 production exceeded guidance, leading to upgraded Q4 expectations.
  • Expansion in proprietary brands and customer agreements.
  • Net cash from financing activities totaled A$2.5 million.
  • Continued focus on automation and operational efficiency improvements.
  • Envision Emulsions™ technology widely integrated into products.
  • Florida Envision Emulsion Lab commissioned for U.S. market.
  • Company expects positive cash flow in Q4 FY26.
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.