New Risk • Apr 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (over 14x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.37m market cap, or US$6.67m). New Risk • Dec 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 14x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-AU$1.0m). Shareholders have been substantially diluted in the past year (over 14x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.80m market cap, or US$6.50m). Board Change • Nov 26
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Chairman Francis De Souza is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Nov 21
Tarrina Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million. Tarrina Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Annuncio • Oct 01
My Foodie Box Limited Approves Election of Directors My Foodie Box Limited announced that at its general meeting held on October 01, 2025, shareholders approved the election of David Palumbo and John Mair as directors of the company. Annuncio • Sep 16
My Foodie Box Limited, Annual General Meeting, Oct 23, 2025 My Foodie Box Limited, Annual General Meeting, Oct 23, 2025. Annuncio • Sep 01
My Foodie Box Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. My Foodie Box Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing Annuncio • Aug 24
My Foodie Box Limited Auditor Raises 'Going Concern' Doubt My Foodie Box Limited filed its Annual on Aug 22, 2025 for the period ending Jun 30, 2025. In this report its auditor, RSM & Co., gave an unqualified opinion expressing doubt that the company can continue as a going concern. Annuncio • Jul 31
My Foodie Box Limited Auditor Raises 'Going Concern' Doubt My Foodie Box Limited filed its Annual on Jul 29, 2025 for the period ending Jun 30, 2024. In this report its auditor, RSM & Co., gave an unqualified opinion expressing doubt that the company can continue as a going concern. Annuncio • Jan 24
My Foodie Box Limited, Annual General Meeting, Feb 23, 2024 My Foodie Box Limited, Annual General Meeting, Feb 23, 2024, at 10:00 W. Australia Standard Time. Location: 9 Foundry Street, Maylands, Perth Western Australia Maylands Western Australia Australia Agenda: To discuss disposal of main undertaking; to approval to make selective reduction of capital; and to discuss cancellation of optionss. Annuncio • Nov 18
MFB (WA) Pty Ltd agreed to acquire My Foodie Box Limited (ASX:MBX) from Little Oneroa Pty Ltd and others. MFB (WA) Pty Ltd agreed to acquire My Foodie Box Limited (ASX:MBX) from Little Oneroa Pty Ltd and others on November 16, 2023. All debts of the Company will be assumed by MFB on completion of the Transaction. These debts are currently approximately AUD1.5 million. My Foodie Box Limited will provide vendor financing of AUD300k to MFB which must be repaid by MFB to the Company over 60 months. Completion of the Transaction is subject to satisfaction of various conditions precedent including shareholder approval, the Company obtaining consents from the creditors of the Company to the assignment of their debts to MFB, the Company obtaining consent for the transfer of employees and their entitlements to MFB, and the Company obtaining consents from each third party to the material contracts of the Business to the assignment of the contract to MFB. The Company is pleased to announce the appointment of Francis De Souza to the Board as a Executive Director. AUD480k debt funding to fund completion of the transaction and for working capital. Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Guy Perkins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jul 14
My Foodie Box Mulls Going Private Bryan Hughes-chaired My Foodie Box Limited (ASX:MBX) is in talks regarding a potential management buyout of the ASX-listed stock which has plummeted 96% since listing 18 months ago. The e-commerce meal kit business was founded by insolvency veteran Bryan Hughes and his wife Mai as a WA contender during the emergence of the food box delivery marketplace in Australia. The company issued a statement to market indicating that a number of options were on the table but said there was no certainty that a transaction would take place. "The company advises that, at the date of this notice, it is in confidential, incomplete, discussions regarding a potential corporate transaction with respect to a potential management buyout and privatisation of the company's business," the notice read. "The transaction, as currently contemplated, would see the acquirer taking on the liabilities of the Company in return for acquiring 100% of the business and assets of the company." My Foodie Box said the move would leave the company free of liabilities and able to seek a 'new project' to generate value for shareholders. "As at the date of this notice, the negotiations in respect of this transaction are incomplete and there can be no certainty that any agreement or agreements will be reached, or that any transaction will eventuate". Board Change • May 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Guy Perkins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 31
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Guy Perkins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
First half 2023 earnings released: AU$0.037 loss per share (vs AU$0.034 loss in 1H 2022) First half 2023 results: AU$0.037 loss per share (further deteriorated from AU$0.034 loss in 1H 2022). Revenue: AU$3.28m (up 27% from 1H 2022). Net loss: AU$2.50m (loss widened 144% from 1H 2022). Board Change • Feb 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Guy Perkins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Feb 01
My Foodie Box Limited announced that it expects to receive AUD 0.5 million in funding My Foodie Box Limited announced a private placement of promissory notes for gross proceeds of AUD 500,000 on January 31, 2023. The transaction included participation from a syndicate of sophisticated and professional investors including Guy Perkins, director of the company for AUD 25,000. The transaction is expected to close in early February 2023. Annuncio • Dec 21
My Foodie Box Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. My Foodie Box Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,867,924
Price\Range: AUD 0.053 Board Change • Nov 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Guy Perkins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 17
My Foodie Box Limited Announces Resignation of Shane Wee as Non-Executive Director My Foodie Box Limited announced that Mr. Shane Wee has resigned as a non-executive director of the company, effective 17 November 2022, due to his commitment as chairman of DC Two Limited and CEO of The Magic Coat for Kids, both of which are requiring his full attention currently. Annuncio • Oct 17
My Foodie Box Limited Announces Consumer Launch of Thermomix Box This Week My Foodie Box confirmed the large-scale consumer launch of its unique Thermomix® box range, together with the activation of a coordinated marketing campaign to the ~ 125,000 Thermomix® owners in Western Australia. The consumer launch follows extensive engagement with The Mix Australia (TMA), holder of distribution rights for Thermomix® in Australia, and a trial of MBX Thermomix® boxes by ~250 Western Australian based sales agents in recent months1. During the engagement process, the parties worked collaboratively to create and test a unique Thermomix® box range that combines the convenience and quality of My Foodie Box meal kits whilst using the Thermomix® all-in-one technology to produce a product aligned with the expectations of the Thermomix® community. Thermomix® began its Australian operations in Perth and the head office for Australia and New Zealand is still in Perth, where Thermomix® has a strong and loyal customer base approaching 125,000 Thermomix® owners in the Perth metro area. Across Australia, Thermomix® has a growing customer base of approx. 406,000 customers in Sydney, Melbourne and Brisbane. The My Foodie Box Thermomix® box range will be launched, in stages, to the Thermomix® community in WA first, before a wider rollout that is planned to the Thermomix® community across Australia as MBX expands its operations into the eastern states over the next 12 months. Reported Earnings • Oct 02
Full year 2022 earnings released: AU$0.072 loss per share (vs AU$0.02 loss in FY 2021) Full year 2022 results: AU$0.072 loss per share (further deteriorated from AU$0.02 loss in FY 2021). Revenue: AU$5.39m (up 48% from FY 2021). Net loss: AU$3.47m (loss widened 478% from FY 2021). Reported Earnings • Sep 01
Full year 2022 earnings released Full year 2022 results: AU$0.072 loss per share. Revenue: AU$5.39m (up 48% from FY 2021). Net loss: AU$3.47m (loss widened 478% from FY 2021). Annuncio • Jun 09
My Foodie Box Commences First Phase of the Thermomix® Box Trial My Foodie Box announced the first phase of the Thermomix® Box trial has commenced, with a trial promotion of the Thermomix® Box occurring to approx. 250 Perth based Thermomix® consultants. These consultants have received their Thermomix® Box last week and will be trialling the meals and providing feedback to MBX and Thermomix®. The objective was to engage Thermomix® consultants and gather feedback to ensure My Foodie Box is aligned with the expectations of the Thermomix® community. Thermomix® began its Australian operations in Perth and the head office for Australia and New Zealand is still in Perth where Thermomix® has a strong and loyal customer base approaching 125,000 Thermomix® owners in the Perth metro area. Across Australia Thermomix® has a growing customer base of approx. 406,000 customers in Sydney, Melbourne and Brisbane. Earlier this year, MBX and The Mix Australia (TMA) - which holds the distribution rights for Thermomix® in Australia and is a significant shareholder in MBX holding 15% of the equity - agreed to work together to enhance each of their customers' experiences. Annuncio • Jan 06
My Foodie Box Limited has completed an IPO in the amount of AUD 6 million. My Foodie Box Limited has completed an IPO in the amount of AUD 6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012 