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My Foodie Box Limited ( (AU:MBX) ) has shared an announcement.
My Foodie Box Limited reported a significant financial turnaround for the year ending June 2024, with a profit of $1,394,799 compared to a loss of $4,181,974 in the previous year, marking a 133% improvement. The company completed a transaction with MFB (WA) Pty Ltd, resulting in a 40% equity holding in MFB, which is now an associate entity, potentially impacting its future market positioning and stakeholder interests.
More about My Foodie Box Limited
My Foodie Box Limited operates in the food delivery industry, primarily focusing on providing meal kits to consumers. The company has a market focus on delivering convenient and fresh meal solutions to its customers.
Average Trading Volume: 10,000
Technical Sentiment Signal: Sell
See more data about MBX stock on TipRanks’ Stock Analysis page.