Me Today (MEE) H2 2025 earnings summary

Executive summary

• Revenue increased 48% year-over-year to NZ$7.45 million, driven by growth in health, wellbeing, and honey products.

• Net loss after tax narrowed to NZ$6.0 million from NZ$11.3 million in the prior year.

• The King Honey segment was placed into receivership post year-end, removing significant liabilities from the group.

• A capital raise is planned for September 2025, underwritten by major shareholders for NZ$1.5 million.

Financial highlights

• Revenue: NZ$7.45 million (2024: NZ$5.03 million), up 48% year-over-year.

• Net loss: NZ$6.0 million (2024: NZ$11.3 million).

• Operating cash outflow: NZ$0.94 million (2024: NZ$3.1 million outflow).

• Inventory write-off: NZ$976,000, with NZ$812,000 related to King Honey.

• Basic and diluted loss per share: NZ$(0.111) (2024: NZ$(0.411)).

Outlook and guidance

• The Board expects the capital raise and extended bank facility to provide sufficient liquidity for the next 12 months.

• Major shareholders remain committed to supporting growth and investment.

• If the capital raise is not approved, significant doubt exists over the ability to continue as a going concern.