Forbidden Foods Reduction in Outflows

Forbidden Foods Limited reported a significant improvement in its quarterly financial performance, with a reduction in net operating cash outflows to ($201,000), marking an improvement of $360,000 from the previous quarter and $580,000 from the same period last year, largely due to a strategic manufacturing agreement with Edenvale Foods.

Forbidden Foods Limited reported a significant improvement in its quarterly financial performance, with a reduction in net operating cash outflows to ($201,000), marking an improvement of $360,000 from the previous quarter and $580,000 from the same period last year, largely due to a strategic manufacturing agreement with Edenvale Foods.

This agreement, which focuses on upcycling and cost-efficient production, is expected to enhance margin growth and flexibility in production scaling, supporting a turnaround in sales momentum and overall financial health of the company.

ASX Code:FFF