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Highlights
- Live Verdure Ltd recently announced the acquisition of Edible Beauty.
- Aumake is entering a new age of transformation and technology by delivering an app for products and services.
- Recently, Clean Seas Seafood entered into an R&D collaboration with CH4 Australia Pty Ltd.
The S&P/ASX200 was trading in green today, gaining 53.70 points or 0.77% to 7,019.20 (30 Aug, 3:17 pm AEST). Over the last five days, the index has gained 0.82%, but is down 5.71% for the last year to date. The S&P/ASX200 Consumer Staples is also green today, up by 0.87% (30 Aug, 3:30 pm AEST) However, the index’s month to date (MTD) price percentage change is -2.70.
In this article, we at Kalkine Media® will talk about some food and beverage stocks from ASX consumer staples, that have outperformed the index on a MTD price returns. 
Live Verdure Ltd (ASX:LV1)
Live Verdure Ltd is a plant-based food, nutraceutical, and skincare company which operates on a direct-to-consumer (D2C) basis.
Recently, the company announced the acquisition of Edible Beauty, which is an online retail platform for skincare, health, and wellness products. The acquisition will add to the current capacities of Live Verdure. It will provide D2C exposure, growth of product categories, and new product development. It will also extend Live Verdure's presence in the rapidly growing health, wellness, and skincare markets.
Retail Food Group Ltd (ASX:RFG)
Retail Food Group Limited is a food and beverage company. It is also a franchise owner of multi-brand retail food and beverage. It owns and operates several brands such as Donut King, Pizza Capers, and The Coffee Guy. Its international operations consist of about 570 outlets in 42 countries.
In FY22, the company's EBITDA surged by 4.6%, which was consistent with guidance. Similarly, the underlying NPAT was AU$18.5million. Similarly, there was strong momentum in the international segment., with 14 new outlet growth in 2H22.
Murray Cod Australia Ltd (ASX:MCA)
Murray Cod Australia Limited specialises in the operation of Murray cod. Murray cod is a freshwater table fish. The company has its operations in New South Wales.
During the June 2022 quarter, the company's customer receipts increased by 38.90% compared to the previous corresponding period (pcp). The average sale weight was 2.32kg during the quarter. The company is undertaking sustainable feed trials and is on track to achieve 10 thousand tonnes in 2030.
Recently, the company announced entering a new age of transformation and technology by delivering an app for products and services. The company also inked a deal with Entertainment Publications of Australia Pty Ltd (EPA). The deal is for four years.
Ridley Corporation Ltd (ASX:RIC)
Ridley Corporation Limited specialises in the production of quality animal nutrition solutions. It has two segments: Packaged Feeds and Ingredients and Bulk Stockfeeds.
In the financial year ending 30 June 2022, the company's revenue from ordinary activities increased by 13.1%. Similarly, its EBITDA from ongoing operations increased by 16%. The net profit after tax also surged by 70.4%. The company expects to increase its cash flow and earnings by increasing sales and executing cost savings and efficiency initiatives.
My Foodie Box Ltd (ASX:MBX)
My Foodie Box Limited is a food technology and logistics company. It operates an e-commerce platform where customers can buy 'meal kits' based on subscription.
In the second quarter of FY22, the company demonstrated 31% year-on-year growth in net revenue. Similarly, it implemented a new sales and marketing strategy, leading to a 27% increase in subscribers during the quarter. The company is expected to achieve more than 4k subscribers by the end of CY2022.
Wingara AG Ltd (ASX:WNR)
Wingara AG Limited specialises in the sale of agricultural products. It sells to domestic and international markets, with a major focus on exporting hay products to Asia.
In the annual report of FY22, the company’s revenue growth was 31.7%, gross margin was 39.5%, EBITDA margin was 4.4%, and EBITDA growth was 175.4%. Regarding profitability, the company’s Return on Equity was 100.5%, and EPS growth was 22.5%.
Clean Seas Seafood Ltd (ASX:CSS)
Clean Seas Seafood Limited produces aquaculture Yellowtail kingfish on commercial basis. It is also involved in the research and development activities for the future aquaculture production of Southern Bluefin Tuna (SBT).
Recently, Clean Seas entered an R&D collaboration with CH4 Australia Pty Ltd to assess the methane mitigation potential of Asparagopsis. The company’s full-year revenue for FY22 went up by 37% versus FY21 and 64% versus FY20.
Top Shelf International Holdings Ltd (ASX:TSI)
Top Shelf International Holdings Limited is a distiller and marketer of spirits and it also offers canning, bottling, and packaging services.
For the FY22 ended 30 June 2022, the company’s pro forma revenue increased by 39% on FY21. Similarly, its branded product revenue grew by 7.7% in FY21. Its gross margin was 27%. The company’s outlook for FY23 is a July/Aug year-to-date growth of 184% compared to pcp in FY22.
