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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Namoi Cotton
Namoi Cotton (NAM) investor relations material
Namoi Cotton has been acquired
Namoi Cotton Q2 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 TU earnings summary19 Sep, 2024
Executive summary
Net cash inflows from operating activities reached $7.53 million for the quarter ended 31 August 2024.
Receipts from customers totaled $300.95 million, with operating costs of $280.05 million.
950,000 bales ginned by end of August 2024, with full season expectation of 1,050,000 bales (down from 1,160,000 in 2023).
Financial highlights
Staff and administration costs for the quarter were $12.65 million.
Cash and cash equivalents at quarter end were $13.01 million, up from $5.60 million in the previous quarter.
Net cash from investing activities was $40,000; net cash from financing activities was negative $153,000.
Outlook and guidance
ABARES forecasts above average Australian cotton production of 4.5 million bales for 2025, compared to 4.8 million in 2024.
Cotton picking in southern NSW valleys to continue until end of October 2024.
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Frequently asked questions
Namoi Cotton Limited is an Australian agribusiness company specializing in the processing and marketing of cotton. The company operates cotton ginning facilities that separate cotton fiber from seed, supporting cotton producers by enhancing the value and quality of their crop for domestic and export markets. In addition to ginning, Namoi Cotton engages in the marketing and logistics of cotton and related products, including cottonseed, which is used in livestock feed and oil production. Namoi Cotton Limited is headquartered in Toowoomba, Australia, and its shares are listed on the ASX.