Yowie Group releases 1H17 results

Company News

by Jessica Ellerm

Yowie Group Limited (ASX:YOW) has announced a net loss for the half year ended 31 December of US$3.77M.

Total revenue for the half year came in at US$9.6M, an increase of 67 percent over the prior corresponding period.

Yowie recorded sales of US$9.3M in the US market, a 65 percent growth on the comparable period.

The company has indicated it is refining its full year and Q4 growth outlook as it gains greater visibility into the final fiscal months of FY17.

No dividends have been declared for the period.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.