RE: Operating Margin???3 Jun 2025 11:26
Investor Chronicle
Investors Chronicle comments following yesterday’s results. I’ve had a quick read through them - loss is as expected - startup, IPO costs, establishment of supply chains, R&D and Intellectual Property costs. What is far more important is progress in securing key deals.
To my mind they have 3 main products:
1. Traditional Microsalt - the ingredient being retrofired into existing product lines (initially snack foods, but it is relevant to most manufactured products in teh supermarket shelves) to deliver lower sodium levels for the same taste. The commentary appears very positive on this one with repeat orders across existing product lines in Mexico, Canada and USA for one of the largest snack food companies (still unnamed) in the world. Should they be able to secure a high profile order with this company, it will demonstrate size, scale and importantly, validation. They appear to be very excited about growth here both across product lines, regions and also volumes. Keen to hear more at AGM late June.
2. Micosalt Premium - a confusing name because it is no more premium that traditional MicroSalt; rather has a larger granule size akin to table salt, They are initially targeting teh French Fry market and appear to be making great traction, but have yet to sign a contract. There in discussions with some major companies, and apparently the product has passed all tests in terms of performance compared to tradition French fry salt. A huge opportunity here if they can convert into contracts.
3. Table salt shakers - similar to (2) above, but for domestic retail use. Traditional low salt shakers sold in supermarkets use Potassium Chloride as a substitute. Thes products do lower sodium (a good thing), but instead introduce Potassium which ha sits own issued - a metallic taste, and negative health side effects for those suffering from certain pre-existing health conditions. So it seems like a no-braoner - keen to hear more eon this one at the AGM.
Net, net, I’m delighted with the progress being made which should will translate into orders, revenues and market expansion.
This small-cap is gaining real traction
Simon Thompson: Bulk orders and entry into a new market could be a game-changer
This small-cap is gaining real traction
Published on June 2, 2025
by Simon Thompson
• Full-year revenue up 30 per cent to $0.8mn
• Operating loss widened from $3.3mn to $5.8mn
• Post-year-end oversubscribed equity raise
• Bulk orders growing strongly
Aim-traded MicroSalt (SALT:65.5p) is potentially a major disrupter in the food market. The company is commercialising a patented technology that produces full-flavour low-sodium salt to reduce excess sodium consumption. Its micron-sized particles deliver the same sense of saltiness to a wide range of foods, but use around 50 per cent less sodium.
Operational since 2018, MicroSalt’s solution meets the rising demand for healthier alternativ
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