My Food Bag shares up 8% as sales momentum shifts

My Food Bag shares up 8% as sales momentum shifts
Chief executive Mark Winter says demand growth has continued in the current financial year. (Image: Supplied)
Gregor Thompson
My Food Bag shares have rallied after the company marginally reversed its delivery decline and signalled further positive sales momentum in its outlook.The meal-kit delivery company posted full-year revenue of $162.1 million for the 12 months ended March 31, down slightly on the prior year. Net profit after tax (npat) rose 5% year-on-year to $6.3m.The previous financial year included part of a 53rd week based on where My Food Bag’s weekly delivery cycle fell. Accounting for this, second-half revenue for the 2025 financial year reache...

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