YFZ – Youfoodz Holdings | Aussie Stock Forums

Founded in 2012, Youfoodz is based in Brisbane, Queensland and has grown to have a substantial share of the growing Australian fresh, ready-made meals market. The Company specialises in the production and distribution of high quality and affordable fresh, ready-made meals and other convenience food products for residential (home delivery), retail and corporate customers. Since inception in 2012, Youfoodz has delivered over 60 million ready-made meals to its home delivery, retail and corporate customers.

Products are marketed and distributed through an omni-channel sales model to a database of more than 850,000 home delivery customers via a direct-to-consumer offering (B2C) and via a business-to-business offering via supply to supermarkets, grocery retailers, petrol and convenience stores and corporate customers (B2B).

Youfoodz operates three production facilities in Brisbane, Australia and has developed a scalable, proprietary manufacturing technology to optimise production and supply-chain management. The Company’s three facilities produce more than 350,000 ready-made meals, 80,000 snacks and 25,000 drinks per week on average.

It is anticipated that YFZ will list on the ASX during December 2020.