Key points
- Revenue increased by 48.5% to $6.13 million
- Loss after tax decreased by 33.7% to $2.54 million
- Online sales grew by 57% contributing significantly to revenue
- Expansion of product distribution in Woolworths stores
- Acquisition of a matcha supply agreement with a Japanese producer
Full summary
OMG Group Ltd's FY2026 financial report shows a significant 48.5% increase in revenue to $6.13 million, driven by a 57% growth in online sales. The company's gross profit margin improved to 41.2% from 40.2% in the previous year. Despite the revenue growth, the loss after tax decreased by 33.7% to $2.54 million. The company expanded its product distribution in Woolworths stores and secured a supply agreement for premium matcha with a Japanese producer. The board underwent restructuring, with Tim Freeburn becoming Executive Chairman and Steve Smith joining as a Non-Executive Director.
Guidance
Revenue expected to grow by 48.5% to $6.13 million in FY2026
Outlook
OMG Group Ltd expects continued growth in online sales and expansion in distribution channels, with a focus on new product offerings.