My Food Bag reports increased profits

My Food Bag has reported an increase in profit for the first half of the 2025 financial year.

The company's net profit after tax rose to $3 million, compared to $2.5m in the same period last year.

My Food Bag's ebitda also increased to $7.8m, up from $7.4m.

However, revenue was slightly lower at $82.2m, down from $83.8m.

The company had 60,100 active customers at the end of the first half of FY25, a decrease from 61,600 at the end of the first half of FY24.

My Food Bag declared a fully imputed interim dividend of 0.65 cents per share, which will be payable in December.