Highlights

  • Farm Pride recorded net operating cash inflow of $1.54 million, with customer receipts of $31.0 million.
  • The company invested $7.9 million in production, grading, farming and biosecurity facilities.
  • The first flock of hens has been placed at a new hen rearing farm in central Victoria.
  • A new NAB facility component lifted the total facility limit to $29.1 million after the quarter.

Farm Pride Foods Limited (ASX:FRM) has released its quarterly activities report and Appendix 4C for the quarter ended 30 September 2026. The vertically integrated egg company reported positive operating cash flow while continuing to invest in its production and farming facilities.

Operating Cash Flow

Farm Pride recorded a net operating cash inflow of $1.54 million for the quarter. Receipts from customers totalled $31.0 million, while major outflows included product manufacturing and operating costs of $19.9 million and staff costs of $8.25 million. The company also received a GST refund of $2.58 million.

Because operating cash flow was positive, the company did not need to provide a funding runway estimate in its Appendix 4C.

Investment in Production and Biosecurity

Total investing outflows for the quarter were $7.9 million. Of this, $3.4 million was spent on upgrading production and grading facilities, and $4.5 million was invested in farming and biosecurity facilities, including the development of a new hen rearing farm in central Victoria.

The company confirmed that "the first flock of hens has been placed this week" at the new farm. Farm Pride is developing its farming business to meet demand for cage-free eggs, and it is the only Australian egg company that makes its own cartons from recycled newsprint and cardboard.

Funding Position and Priorities

Cash stood at $6.14 million at 30 September 2026, with unused facilities of $8.6 million, giving total available funding of $14.7 million. Proceeds from borrowings during the quarter were $4.19 million.

After the quarter, Farm Pride added a fifth component to its National Australia Bank facility, adding $3.42 million and lifting the total facility limit to $29.1 million. The company's priorities include disciplined capital expenditure and operational improvements to boost efficiency, biosecurity, production capability and cost management.

Key Takeaways

  • Farm Pride generated positive operating cash flow of $1.54 million in the quarter.
  • Significant investment is going into production, grading and biosecurity upgrades.
  • The new hen rearing farm has received its first flock.
  • An expanded NAB facility supports the company's funding position.