Flailing ASX-listed brewer Broo has announced another quarter of losses with a cash loss of 760,000, taking its accumulated losses since 2014 to more than 20 million dollars.
ASX-listed beer business Broo Pty Ltd has a long history of grand announcements, with little follow up reporting. We have compiled a history of its announcements.
WA’s Gage Roads Brewing Company has said its strategy has ‘paid off’ in Q1, although it hasn’t emerged totally unscathed from COVID-19 restrictions.
Results season is in full swing and Founders First and Broo have reported very different performances to the ASX, though both made losses during a challenging year.
Gage Roads Brewing Co. is raising $5.2 million in a “proactive” capital raise on the ASX as it looks to “create a stronger platform for future profitability”.
Beleaguered listed brewery Broo has been placed in a trading halt after the ASX queried a recent share price spike.
Embattled ASX-listed brewer Broo has blamed COVID-19 for sales decline in third quarter, which also saw a $400,000 share sale by executive director Kent Grogan.
Joining its lineup of craft beer, spirits and kombucha brands, Founders First has spent $1.5 million to buy Kangaroo Island Distillery.
Troubled ASX-listed brewer Broo has announced that it has narrowed its quarterly operational losses, while its new CFO has acquired a large parcel of shares from founder Kent Grogan.
East coast growth and broadening its offering further beyond beer are on the agenda for Gage Roads Brewing Co in its half year results.