Consumer Discretionary

Oliver'S Real Food Limited (OLI)

Oliver's Real Food Limited operates a chain of quick-service restaurants in Australia, strategically located on major arterial highways. The company offers a menu focused on healthy and organic alternatives to traditional fast food, including organic coffee, nutritious meals, and snacks. Its target market consists of travellers and commuters seeking healthier on-the-go food options.

Market Cap

A$4M

Shares on Issue

N/A

Company WebsiteAI coverage updated hourlyData from ASX filings

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AI Analysis

With a market capitalisation of only A$4M, Oliver's Real Food is in a state of severe financial distress. The company has a history of significant operating losses, high cash burn, and has struggled to achieve profitability despite its established store network. Recent performance has been characterized by store closures, board changes, and a share price languishing at near-zero levels, reflecting a high probability of insolvency. Key metrics like revenue per store and operating margins are under extreme pressure due to rising input costs and intense competition from larger, better-capitalised rivals.

The company's growth outlook is entirely dependent on its ability to survive. The immediate strategic direction is focused on securing emergency funding through a highly dilutive capital raising or finding a buyer for the business. Any potential catalyst would be an announcement of a successful recapitalisation, which could provide a lifeline to attempt a business turnaround. Conversely, a failure to secure funds is a major upcoming catalyst that would likely lead to voluntary administration and a total loss for equity holders. The investment thesis is a speculative bet on corporate survival rather than organic growth.

Bull Case

  • A successful takeover or merger could provide the necessary capital to stabilize operations and leverage the existing brand and highway locations.
  • The core brand concept of 'healthy highway food' remains a niche with potential, which could be valuable to a new owner if the debt-laden corporate structure is resolved.
  • As a distressed listed shell, the company could become a vehicle for a reverse-takeover (RTO), potentially providing some residual value for shareholders after a major capital consolidation.

Bear Case

  • Critical risk of imminent insolvency due to high cash burn, significant liabilities, and an inability to secure further funding.
  • Intense competition from established fast-food giants (e.g., McDonald's, Hungry Jack's) and service station convenience offerings (e.g., BP, Ampol) with greater scale and marketing power.
  • A history of unprofitability and operational challenges suggests fundamental flaws in the business model or its execution, which may be impossible to fix without a complete overhaul.

Recent Announcements

Quarterly Activities/Appendix 4C Cash Flow Report

🚨 Price Sensitive
14 Jan 2026Quarterly Report

Olivia Enterprises (ASX: OLI) provides a detailed quarterly cash flow report, highlighting significant capital expenditcur and investment activities. Investors should review the appendix for specific financial movements within this period to gauge company performance and liquidity position.

FAQs

What does OLI do?

Oliver's Real Food Limited operates a network of quick-service restaurants located on Australian highways, providing travellers with a range of healthy and organic alternatives to traditional fast food.

Is OLI a good investment?

OLI is a highly speculative, high-risk micro-cap investment. The company faces severe financial challenges and an immediate risk of insolvency. While a successful turnaround or takeover could lead to a significant share price increase from its low base, there is a very high probability of a complete loss of capital.

What drives OLI's share price?

OLI's share price is almost entirely driven by news related to its corporate survival. Key factors include announcements about capital raisings, debt negotiations, asset sales, or a potential takeover. Any positive news on funding can cause a sharp rally, while a failure to secure capital would likely lead to its final collapse.

Key Metrics

Share PriceA$0.01
1Y Performance50.0%
Market CapA$4M
Shares on IssueN/A
SectorConsumer Discretionary
IPO Date21/06/2017