My Foodie Box Limited (ASX:MBX)

Parisrat Hughes
Market Cap (AUD): 6.87M
Sector: Unclassified
Last Trade (AUD): 0.205 +0 (+0%)
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1. About

My Foodie Box Limited (ASX:MBX) is a food and logistics technology business focused on providing meal kits to Western Australian households, with a vision to use the Company's existing technology platform to expand its services and product offering to become a broader e-commerce business. 

My Foodie Box meal kits contain step-by-step recipe cards together with quality locally sourced, pre-portioned ingredients, and are packaged in an environmentally friendly packaging and delivered to the customer's doorstep.

MBX currently operates in the meal kit market, which sits within the intersection of the groceries, takeaway and restaurant markets. MBX believes the demand for meal kits will continue to grow due to a number of factors including:

  1. advances in technology to enable meal kit providers to continue to improve their products;
  2. changing consumer preferences towards convenience;
  3. the Covid-19 pandemic which has contributed to increasing preference for online food delivery;
  4. increasing trend towards a preference for healthy home cooked meals; and
  5. increasing awareness and consumer preference towards businesses which are environmentally friendly, including through reduction in food waste

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk