BUBS Australia Ltd (FRA:23O)

€ 0.242 0 (-1.63%) Market Cap: 159.07 Mil Enterprise Value: 152.60 Mil PE Ratio: 0 PB Ratio: 2.80 GF Score: 43/100

Full Year 2023 Bubs Australia Ltd Earnings Call Transcript

Sep 07, 2023 / 12:00AM GMT

Transcript

Reginald Weine

Bubs Australia Limited - CEO, MD & Director

Good morning, everyone, and thank you for joining today's FY '23 Full Year Results Webinar. My name is Reg Weine, and I am Bubs' new CEO and Managing Director, having first joined the business in April 2023 as an Independent Nonexecutive Director.

Over the past 5 months, I have been working closely with the Bubs' executive team, our Board and external advisers, and I recently led the Board's strategic review of the business. Today, I will be taking you through the FY '23 results presentation following our earlier release of the preliminary 4E financial results.

Today's presentation will cover the investment highlights and why I want you to continue to support Bubs, a brief introduction to me, the overarching strategy and our addressable market. I will then take you through the financial highlights and lowlights, the strategic imperatives and how we will win, and finally, our outlook for FY '24.

Now the investment highlights. Bubs is the #1 goat formula brand in Australia with 48% market share and also in the U.S.A

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