Q1 FY27 highlights: maiden positive EBITDA and 59% sales growth
OMG Group delivered a notable financial milestone in its Q1 FY27 quarterly update, covering the three months to 30 September 2026. The health and wellness food company recorded net sales of approximately $1.92 million, up 59% (or approximately $710,000) on the prior corresponding period, alongside maiden positive quarterly EBITDA of approximately $61,500. These results are based on preliminary unaudited management accounts.
The quarter’s headline figures at a glance:
- Q1 FY27 net sales: approximately $1.92 million
- Year-on-year growth: +59% / approximately +$710,000
- Maiden positive quarterly EBITDA: approximately $61,500
- Prior corresponding period (Q1 FY26): approximately $1.21 million
- Q1 FY25 net sales (for three-year context): approximately $0.57 million
When big ASX news breaks, our subscribers know first
What EBITDA means for investors — and why this quarter matters
EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) is a measure of a company’s operational profitability, stripped of financing costs, accounting adjustments and tax obligations. For growth-stage businesses, it is commonly used as a proxy for whether core operations are generating more cash than they consume, before the effects of capital structure and accounting policy.
Reaching positive EBITDA is a meaningful threshold. It signals that revenue is now sufficient to cover operating costs and that the business model is beginning to produce genuine operational leverage, rather than requiring ongoing capital to sustain day-to-day activity.
For OMG Group, this matters because the company has spent recent periods investing in distribution infrastructure, ecommerce capabilities, product development, and the commercialisation of its matcha platform. Q1 FY27 marks the point where that accumulated investment base began translating into positive operating earnings, not simply higher revenue.
How OMG Group got here — operating leverage across a multi-brand platform
The Q1 FY27 result is not a standalone event. It builds directly on the strong momentum established through FY26 and the record monthly net sales achieved in July 2026. Growth across the period was described as broad-based, reflecting contributions across retail, ecommerce, distribution and food service channels rather than reliance on any single driver.
By May 2026, OMG Group had reached a $6.2 million annual sales run rate on a moving annual total basis, up 57% on the prior year, with ecommerce growing 87% year-on-year to approximately $2.4 million and a Chemist Warehouse New Zealand ranging agreement adding further international retail presence.
The Q1 FY27 result builds on record July trading that saw OMG Group post approximately $738k in net sales for the month, up 120% on the prior corresponding period and reversing a historical seasonal pattern where July had consistently underperformed June.
Four key growth pillars supported the result:
- Refreshed Blue Dinosaur brand and ecommerce platform
- Expanded domestic and international distribution
- Growing Oat Milk Goodness channel presence
- Ongoing commercialisation of the matcha platform
This diversification across brands and channels is a key feature of OMG Group’s operating model. The company’s multi-channel, multi-brand approach reduces concentration risk while providing multiple revenue levers to support continued scale.
Alex Aleksic, Chief Executive Officer
“Delivering our first positive EBITDA quarter is an important milestone for OMG and demonstrates the progress we have made in building a more scalable and financially sustainable business.
“Over the past two years, our focus has been on growing sales while maintaining discipline around the cost base and investing selectively in opportunities that can materially expand our addressable market. With quarterly net sales now reaching ~$1.92m, we are beginning to see that increased scale translate into positive earnings.
“The almost 60% year-on-year increase in net sales is particularly encouraging and builds on the record trading achieved in July. Importantly, the result reflects contributions across our broader portfolio and sales channels, rather than reliance on any single growth driver.”
Three-year sales trajectory
| Period | Net Sales | YoY Growth | EBITDA Status |
|---|---|---|---|
| Q1 FY25 (Jul–Sep 2024) | ~$0.57 million | — | Not disclosed |
| Q1 FY26 (Jul–Sep 2025) | ~$1.21 million | — | Not disclosed |
| Q1 FY27 (Jul–Sep 2026) | ~$1.92 million | +59% / +~$710,000 | Maiden positive (~$61,500)* |
*Based on preliminary unaudited management accounts.
What comes next — building on the inflection point through FY27
Management’s commentary points to several disclosed avenues for continued profitability improvement through the remainder of FY27. An expanded distribution footprint, a growing ecommerce presence, and additional opportunities across Blue Dinosaur, Oat Milk Goodness and the matcha platform are cited as the primary levers supporting ongoing momentum.
The company has not disclosed specific financial targets or guidance for the periods ahead. What management did indicate is a continued focus on the same operating discipline that produced the Q1 FY27 result — sustained top-line growth combined with a controlled cost base.
As Alex Aleksic noted: “We remain focused on maintaining this momentum through FY27, with an expanded distribution footprint, growing ecommerce presence and additional opportunities across Blue Dinosaur, Oat Milk Goodness and our matcha platform providing multiple avenues for further growth.”
The combination of top-line momentum, cost discipline and operating leverage across a diversified brand platform positions OMG Group to build on positive EBITDA as FY27 progresses. Whether that trajectory continues will depend on the company sustaining both its sales growth rate and its approach to cost management across each of its operating channels.
Don’t Miss the Next Consumer Sector Breakout
Get FREE breaking ASX consumer sector news delivered to your inbox within minutes of release, complete with in-depth analysis. Join 20,000+ subscribers already staying ahead of the market with Big News Blast. Click the “Free Alerts” button to start receiving alerts the moment market-moving news drops.
