Noumi Ltd
ASX:NOU
Noumi Ltd
noumi Ltd. engages in the manufacture and sale of food products. The firm is engaged in manufacturing dairy and plant-based beverages, nutritional products and ingredients used across the health and fitness industries. The firm's segments include Dairy and Nutritionals, and Plant-based Beverages. The Dairy and Nutritionals segment includes a range of dairy milk beverages, nutritional products, and performance and adult nutritional powders, including the Crankt brand. Its Plant-based Beverages segment includes a range of beverage products, such as liquid stocks, soy, rice, oat and almond beverages. The firm operates manufacturing facilities in Victoria and New South Wales (NSW) and produces key brands, including the MILKLAB range of shelf-stable dairy and plant-based milks, Australia’s Own, So Natural, Crankt, Vital Strength, VITALIFE and PUREnFERRIN lactoferrin.
noumi Ltd. engages in the manufacture and sale of food products. The firm is engaged in manufacturing dairy and plant-based beverages, nutritional products and ingredients used across the health and fitness industries. The firm's segments include Dairy and Nutritionals, and Plant-based Beverages. The Dairy and Nutritionals segment includes a range of dairy milk beverages, nutritional products, and performance and adult nutritional powders, including the Crankt brand. Its Plant-based Beverages segment includes a range of beverage products, such as liquid stocks, soy, rice, oat and almond beverages. The firm operates manufacturing facilities in Victoria and New South Wales (NSW) and produces key brands, including the MILKLAB range of shelf-stable dairy and plant-based milks, Australia’s Own, So Natural, Crankt, Vital Strength, VITALIFE and PUREnFERRIN lactoferrin.
EBITDA Growth: Adjusted operating EBITDA reached $33.9 million, up 23% from the first half of FY '25, reflecting strong execution and investment.
Record Plant-Based Sales: Plant-based milk segment delivered record revenue of $94.3 million, up 1.1%, with MILKLAB sales rising 11.1% and HORECA channel returning to growth.
Dairy & Nutritionals Turnaround: EBITDA for Dairy & Nutritionals more than doubled to $12.4 million, showing over 167% improvement, supported by higher bulk cream and export volumes.
Strategic Marketing Investment: Over $19 million invested in sales and marketing, mainly in plant-based milks, to support brand growth and innovation.
Statutory Loss: Statutory net loss after tax was $24.2 million, driven by a $42.2 million fair value adjustment on convertible notes.
Guidance on Costs: Marketing spend is expected to remain elevated in the near term but will moderate over time as growth investments mature.
Export Expansion: Strong export growth in both plant-based and dairy segments, with focus on Asia-Pacific markets, and some uplift from supply chain issues in the region.
