Key Highlights

  • Shares traded at A$0.015 during the 5 November 2026 session, down 6.25%.
  • Total Q1 FY27 sales were A$3.4 million, down 7.8% on the prior corresponding period.
  • Australian retail sales rose 40.9% year on year, with a Market Share of 63.3% at Woolworths for compostable bin liners.

Shares in MyEco Group Ltd (ASX:MCO) traded at A$0.015 during the Trading session on 5 November 2026, down 6.25% in the early afternoon. The S&P/ASX 200 was up 1.87%, trading near 9,000 points. MyEco makes compostable bin liners and related products sold through supermarkets, councils and independent grocers. Its latest update is a Q1 FY27 quarterly activities report and Appendix 4C, dated 29 October 2026.

Q1 FY27 Quarterly Report released 29 October 2026

Total sales were A$3.4 million for the quarter, down 7.8% on the prior corresponding period, which included a A$0.9 million single order from Ballarat City Council. Australian retail sales rose 40.9% year on year but were down 4.3% on the prior quarter, reflecting the launch of a new bin liner range to Woolworths in the previous quarter.

The company reported market share in compostable bin liners of 63.3% at Woolworths, up 1.3 points, and 45.5% at Coles, up 6.6 points. It was also awarded preferred supplier status by Mildura Rural City Council for certified compostable kitchen caddy liners from early 2027, worth about A$162,000. Five products gained permanent shelf Placement across more than 80 Ritchies IGA stores, and other products were listed in Foodland and Cornett IGA stores.

Sector context

At midday, the ASX Consumer Discretionary sector was up 2.61%, while MyEco shares moved lower in the session. The quarterly report is dated 29 October and is not linked to the 5 November price move.

What to watch ahead

Investors will follow the company's next quarter, including council and retail listings, the start of the Mildura Supply in early 2027 and the progress of the new product range.

Risks

Sales depend on a small number of large retail and council customers, and the timing of council orders can vary. Total sales fell in the quarter, and the prior period included a one-off order. Raw material costs and supermarket shelf decisions can also affect margins, and the shares are low-priced and can be volatile.

Final Word

MyEco has reported lower total sales for the quarter, with higher market share in compostable liners and new supply agreements. The share price fell during the session, and the next quarterly report will show how the product listings contribute to sales.