- Youfoodz (YFZ) has reported on a successful first quarter since officially listing on the ASX on December 7
- The Australian meal delivery service saw a 25.4 per cent increase in net revenue to $36.7 million compared to the December 2019 quarter
- This increase fuelled by the production and delivery of more than 4.8 million meals over the quarter
- Importantly, marketing efforts led to the addition of almost 42,700 new customers which represents a 116.1 per cent increase on the prior corresponding period
- Youfoodz new facility also progressing well and expected to operational and financially contribute from the 2023 financial year
- The company reported $910,000 on operating activities — most of which allocated to product manufacturing and operating costs
