{"ticker":"MFB","name":"My Food Bag Group Limited","slug":"my-food-bag","sector":"Financials","industry":null,"exchange":"NZX","exchange_mic":"XNZE","isin":"NZMFBE0004S1","lei":null,"permid":null,"website_url":"https://investors.myfoodbag.co.nz/","description":"My Food Bag Group operates New Zealand's leading meal kit subscription service delivering recipe ingredients and meal solutions to households across New Zealand under the My Food Bag, Bargain Box, Fresh Start, and MADE ready-meals brands, combining weekly subscription meal kits with growing ready-made meal offerings. The company delivers weekly boxes containing portioned ingredients and recipes enabling customers to prepare home-cooked meals without shopping or meal planning, plus expanding into ready-made chilled meals through the MADE brand. My Food Bag operates a subscription-based business model combining meal kit fulfillment operations, supply chain and procurement, recipe development, marketing, and customer retention, generating recurring revenue from weekly subscription deliveries while navigating customer acquisition costs, subscription retention rates, and competition in evolving food delivery markets.","financial_year_end":"March","as_of":"2026-06-14","generated_at":"2026-06-14T09:01:53.871Z","canonical_url":"https://nzxplorer.co.nz/companies/my-food-bag","data_license":"CC BY 4.0 with attribution to NZXplorer + NZX as primary disclosure source","market":{"as_of":"2026-06-12","market_cap_nzd":55199416,"last_close_nzd":0.28,"last_close_date":"2026-06-12","currency":"NZD"},"governance":{"as_of":"2026-06-11T16:02:37.798+00:00","grs":80,"grs_rating":"Excellent","grs_calculated_at":"2026-06-11T16:02:37.798+00:00","board_structure_score":19,"exec_remuneration_score":7.5,"board_size":6,"independent_directors":3,"board_independence_pct":50,"chair_name":"Tony Carter","chair_slug":"tony-carter","ceo_name":"Mark Winter","ceo_role_label":"Chief Executive Officer","board":[{"name":"Tony Carter","slug":"tony-carter","profile_url":"https://nzxplorer.co.nz/people/tony-carter","is_chair":true,"is_independent":true},{"name":"Cecilia Robinson","slug":"cecilia-robinson","profile_url":"https://nzxplorer.co.nz/people/cecilia-robinson","is_chair":false,"is_independent":false},{"name":"Jen Bunbury","slug":"jen-bunbury","profile_url":"https://nzxplorer.co.nz/people/jen-bunbury","is_chair":false,"is_independent":true},{"name":"Louise Newsome","slug":"louise-newsome","profile_url":"https://nzxplorer.co.nz/people/louise-newsome","is_chair":false,"is_independent":false},{"name":"Mark Powell","slug":"mark-powell","profile_url":"https://nzxplorer.co.nz/people/mark-powell","is_chair":false,"is_independent":false},{"name":"Sarah Hindle","slug":"sarah-hindle","profile_url":"https://nzxplorer.co.nz/people/sarah-hindle","is_chair":false,"is_independent":true}]},"financials_latest_fy":{"as_of":"FY2025","fiscal_year":2025,"currency":"NZD","units":"thousands","revenue_thousands":162102,"gross_profit_thousands":37699,"ebitda_thousands":16073,"ebit_thousands":8636,"net_profit_thousands":6350,"eps_cents":3,"dividends_per_share_cents":1.5,"total_assets_thousands":null,"total_equity_thousands":null,"net_debt_thousands":1900,"cash_and_equivalents_thousands":null,"total_borrowings_thousands":null,"operating_cash_flow_thousands":13227,"free_cash_flow_thousands":10059,"capex_thousands":null},"ratios_latest_fy":{"as_of":"FY2025","fiscal_year":2025,"gross_margin":23.26,"net_margin":3.92,"ebitda_margin":9.92,"roe":9.25,"roa":6.13,"debt_to_equity":0.51,"current_ratio":0.19},"dividends_latest":{"as_of":null,"ex_date":null,"amount_cents_per_share":3,"imputation_pct":null,"currency":"NZD"},"latest_announcement":{"as_of":"2026-06-03","id":68440,"date":"2026-06-03","title":"Closing Date for Director Nominations","type":"GENERAL","url":"https://www.nzx.com/announcements/473838"},"recent_changes":[{"date":"2026-06-11","facet":"governance","change":"Governance Risk Score recalculated: 80 (Excellent)"}],"links":{"page":"https://nzxplorer.co.nz/companies/my-food-bag","detail_json":"https://nzxplorer.co.nz/api/v1/companies/MFB?include=all","facts_json":"https://nzxplorer.co.nz/api/v1/companies/MFB/facts.json","nzx":"https://www.nzx.com/companies/MFB"}}