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Tarrina Resources TR8.AX · AUD

Consumer Staples · ASX · 🇦🇺 Australia

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About Tarrina Resources

Its shares trade on ASX under the ticker TR8.AX. It has been listed since 7 January 2022. In the fiscal year to 30 June 2023, it reported revenue of A$5.5m and a net loss of A$4.2m. At that date it held total assets of A$123,270 and shareholders' equity of −A$2.1m.

My Foodie Box Ltd. operates a subscription based e-commerce platform where customers can buy meal kits being boxes. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-01-07. The principal activity of the Company is the development, preparation, and delivery of meal kits to Western Australian households. The firm operates an e-commerce platform, My Foodie Box (MBX). The firm helps customers to buy 'meal kits', which are boxes that contain step-by-step recipe cards together with pre-portioned ingredients for each recipe, which are then delivered to the doorstep of Western Australian households. The company operates in the grocery, takeaway, and restaurant markets. The firm uses compostable, recyclable, and reusable packaging for its meal kits. Its bags are either plant-based or made from low-density polyethylene (LDPE). The firm also offers its subscribers a complementary milkman service and collects used boxes, insulated liners, ice packs, and containers which are then re-used, recycled or composted where possible.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Staples
Industry
Consumer Staples Distribution & Retail
Listed since
7 Jan 2022

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • My Foodie Box (MBX) delivers meal kits with compostable packaging in Western Australia.
  • The company offers a milkman service and collects reusable packaging for recycling.
  • MBX operates in grocery, takeaway, and restaurant markets with sustainable practices.

Weaknesses

  • The company is limited to Western Australian households for meal kit delivery.
  • MBX relies on pre-portioned ingredients for meal kits without expanding regions.
  • The firm uses LDPE packaging which has environmental concerns despite recyclability.

Opportunities

  • Expanding meal kit delivery to other Australian states could increase market reach.
  • Introducing new meal kit varieties could attract more subscribers in Western Australia.
  • Partnering with local farms could enhance sustainable sourcing of ingredients.

Threats

  • Competition from established grocery and restaurant chains in Western Australia.
  • Economic downturns may reduce consumer spending on meal kits.
  • Regulatory changes could affect packaging materials used by MBX.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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