Me Today results for the 15 Month Period Ended 30 June 2022

Me Today Limited (NZX: MEE) has released its audited Group results for the fifteen months ended 30 June 2022, reporting net revenue of $8.27m and a loss after tax of $19.544m, including one off and amortisation items of $14.47m.

The Group undertook a capital raise to enable continued investment in brands, take advantage of international opportunities, lessen cashflow pressure, and meet additional working capital requirements.

The Group has focussed on strong sales growth and optimisation of its Beekeeping operations and production and storage facility.

Me Today, SuperLife, and BEE+ are expanding locally and internationally in the Health and Wellness spaces, with Me Today now available in New Zealand, Australia, Japan, Ireland, and the UK, SuperLife available in the UK, NZ, and on Amazon.co.uk, and BEE+ available in China and Canada.

The Group expects to see more interest in its products from global travellers and is looking at opportunities for Bee+ on other e-commerce platforms.