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My Food Bag guides flat full-year profit as gross margin dips

Market conditions expected to remain challenging for the second half of the 2026 financial year.

My Food Bag chair Tony Carter and chief executive Mark Winter.

NBR Staff Thu, 20 Nov 2025
Key points
  • Revenue: Up 4% to $85.4 million for the six months to September 30.
  • Net profit after tax: Down to $2.9m, from $3m
  • Main takeaway: The company has delivered a steady result, but has warned that market conditions remain challenging.

My Food Bag expects its 2026 profitability to be in line with the previous year, as gross margins dip and chief executive Mark Winter warns market conditions remain "challenging".

The listed food delivery company today reported its revenue for the six months to September 30 was up 4% to $85.4

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NBR Staff Thu, 20 Nov 2025
Contact the Writer: editor@nbr.co.nz
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Key points
  • Revenue: Up 4% to $85.4 million for the six months to September 30.
  • Net profit after tax: Down to $2.9m, from $3m
  • Main takeaway: The company has delivered a steady result, but has warned that market conditions remain challenging.
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My Food Bag guides flat full-year profit as gross margin dips
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