• Group net sales down 4% to US$6.1 million
• Statutory loss before tax increased 752% to US$4.66 million
• Underlying loss increased 10% to US$0.61 million
• Cash position declined to US$0.27 million from US$1.58 million

Yowie Group Limited reported its financial results for the half-year ended 31 December 2024. The Group's net sales decreased by 4% to US$6.1 million compared to the previous corresponding period. The statutory loss before income tax for the half-year was US$4.66 million, an increase of 752% from the previous corresponding period. On an underlying basis, after adjusting for the impairment of loans receivable, the loss for the half-year was US$0.61 million, an increase of 10% on the previous corresponding period. The Group's cash position declined to US$0.27 million at 31 December 2024 from US$1.58 million at 30 June 2024. The Group continued to focus on building a strong sales and distribution network, particularly in the ANZ markets, during the half-year. In the US, sales decreased by 21.2% due to increased cocoa prices, modest price increases, and a more conservative marketing and trade spend approach. In Australia, Yowie continued the development and merchandising agreements with AFL, NRL and BBC Studios Australia Pty Ltd. The Ernest Hillier factory also underwent improvements in equipment, safety and food quality systems. The Group's net assets decreased to US$1.826 million at 31 December 2024 from US$6.82 million at 30 June 2024.