The a2 Milk Company Limited, together with its subsidiaries, sells A2 protein type branded milk and related products in Australia, New Zealand, China, other Asian countries, and the United States. The company offers fresh milk under the a2 Milk brand; and infant formula under the a2 Platinum brand. The company was formerly known as A2 Corporation Limited and changed its name to The a2 Milk Company Limited in April 2014. The a2 Milk Company Limited was incorporated in 2000 and is based in Auckland, New Zealand.

The a2 Milk Company Limited

Yamo produces organic baby food and children's food products with a focus on natural ingredients and sustainable production.

Yamo

The A2 Milk Company is a dairy nutritional company that specializes in the production and sale of milk and related products from cows that naturally produce only A2 beta-casein protein, self-described as providing a healthier alternative to conventional milk.

The A2 Milk Company

The a2 Milk Company | 19,173 followers on LinkedIn. Pioneering the future of dairy for good | At The a2 Milk Company our purpose is to pioneer the future of dairy for good. 

Conventional cows’ milk contains two main types of beta casein protein, A2 protein and A1 protein – our branded milk is different from conventional cows’ milk because it comes from cows selected to naturally produce only the A2 protein type and no A1. Our branded milk is naturally occurring and not a product of genetic engineering or technological processes.

Data Analyst at a2MC

Adam Barnes

Commercial Manager at The a2 Milk Company

Jason Mendonsa

Senior National Account Exec - Food and Beverage Expert

Jon Pevehouse

Chief Marketing Officer- The a2 Milk Company (GAICD)

Edith Bailey

The a2 Milk Company

Tomorrow is The a2 Milk Company’s Global Wellbeing Day. Every year, the team receives a paid day off to relax, recharge and focus on their wellbeing. Wellbeing looks different to everyone – from spending time outside, catching up with loved ones, or dedicating time to a hobby. We wish our team a fantastic day to focus on whatever wellbeing means to them. #a2MCWellbeingDay #paiddayoff #dairyforgood

We are thrilled to announce that Andrew & Claire Jenkins from Western Australia who supply a2 Milk™ have been awarded a Silver Award in Dairy Australia 's 2024 Milk Quality Awards. Celebrating its 22nd year, these awards honour Australia’s dairy farmers who consistently produce the highest quality milk and demonstrate a commitment to excellence in dairy farming. Congratulations to Andrew, Claire, and their family on this well-deserved recognition! #Dairyforgood

Our October farmers photo was captured at the Stewart Family Farms. They produce milk for The a2 Milk Company at Yarrawalla in Northern Victoria, Australia. Their family are fourth generation dairy farmers who have been farming in the area for over 80 years, and milk 800 cows on 600 acres of irrigated pasture. Stewart Family Farm have a diverse team of highly skilled, passionate and dedicated people who lead the way in ensuring their cows receive the best care. #dairyforgood #farminglife

It's great to see our US team helping out with such a worthy cause! The a2 Milk Company are proud to support the great work that Feed the Children do for families in need. #dairyisgood

What a gorgeous image for our September farmers photo! Arohena Pastoral Ltd have a team of 6 staff members, supplying Lead with Pride™ - Gold Plus, A1 protein free milk to Synlait Pokeno, in the Waikato, NZ. The team is always growing and here is the latest addition, Ava Maxwell! The board are very proud of the focus on environmental sustainability and the planting of 100,000 trees on sidelings of the 380ha mixed contoured block, milking 680 A2/A2 cows.

This week is Healthy Bones Action Week, and we want to educate Aussies about some simple steps they can take to build and maintain healthy bones. Dairy milk is one of nature's nutritional powerhouses, packed full of vitamins and minerals to support bone health. To celebrate Healthy Bones Week, make sure to enjoy a glass of a2 Milk®! #dairyisgood #healthybonesactionweek

The a2 Milk Company are proud to share enhancements to our global family leave policy. The family leave policy is now gender neutral, providing access to paid parental leave to all permanent team members across all teams and locations. Our new policy provides permanent team members of any gender who are welcoming the arrival of a child through pregnancy, adoption, surrogacy, fostering or kinship arrangements with 20 weeks leave at full pay, with no qualifying period and the removal of primary and secondary carer labels. This gender-neutral parental leave is another important part of our commitment to gender equity in the workplace and taking the gender bias out of parental leave. We recognise that by providing equitable and supportive arrangements for all genders, this can promote wellbeing benefits for families and the community more broadly. All current paid parental leave benefits such as the additional eight weeks pay given for the birth of multiples i.e. twins, triplets are extended to all genders. #families @a2 #dairyforgood #genderneutralparentalleave #inclusiveparentalleave #parents @work #parents @a2 #parentalleaveequality

What a beautiful picture for our August Farmers photo! AJs Farm is a family operation in their fourth season of supplying milk from only A2/A2 verified cows. Milking 350 cows and calving in the spring, the Te Awamutu, New Zealand, mornings can be a cold foggy start to the day. As third-generation farmers the family prides itself on enhancing the farms natural environment and preserving it for future generations. #dairyforgood

We are very proud to congratulate the FY24 a2 Legend of the Year winners, who have demonstrated outstanding contributions to executing our strategy and living our BOLD Values! Overall a2 Legend of the Year - Kate Tidbury Kate is part of our Legal leadership team and has delivered outstanding initiatives that drive forward a2MC's strategic priorities. Kate embodies the BOLD Values in all that she does. Bold Passion Award - Lakshitha Perera Laki leads our Finance team in Sydney and has done an amazing job to improve our accounting month end close processes. Ownership & Agility Award - Linda Zhang Linda is the ultimate guardian of Quality & Food Safety for the a2 business in China, and is dedicated to ensuring our product quality is consistently maintained. Leading Constructively Award - Henry Yu Henry is an experienced key account sales team leader in China, who has demonstrated very strong Ownership in business development and execution. Disruptive Thinking Award - Austin Wu Austin led the a2 Octonauts campaign for IMF and Macro Milk, creating the first IP collab with in-depth brand integration across all consumer touchpoints. We congratulate each of the winners, and thank them for their dedication and commitment to The a2 Milk Company!

The Annual Supplier Awards are a great opportunity to appreciate and celebrate our MVM Farmer Suppliers. We thank you for your hard work and ongoing commitment to The a2 Milk Company.

Metric
Company Name	The a2 Milk Company Limited	Yamo
Symbol	ATM
MSH ID	COM:THEA2MILKCOMPANY	BIO:YAMO
Market	STOCKS	PRIVATE
Sector	Consumer Defensive	Consumer Goods
Industry	Agricultural Farm Products	Food & Beverage
Country	NZ	CH
Stage
Employee Count	465	11
Website	thea2milkcompany.com	yamo.bio
LinkedIn	thea2milkcompany	linkedin.com/showcase/yamo.bio/
Founders

Metric
Market Cap	3.22B
Enterprise Value
Monthly Web Traffic	5.04K	1.98K
Web Traffic Growth	-0.00	-0.44
Valuation
Raised Capital

Metric
Revenue	976.12M
Revenue (LTM)
Revenue (NTM)
Gross Profit	447.21M
EBITDA	140.24M
Operating Income	121.45M
Net Income	97.75M
EPS	0.13
Diluted EPS	0.13
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.46
Operating Profit Margin	0.12
EBITDA Margin	0.14
Net Profit Margin	0.10
Return on Equity	0.24
Return on Assets	0.17
Return on Capital Employed	0.24

COM:THEA2MILKCOMPANY

The A2 Milk Company

Last Close

6.29

25/11 04:00

Market Cap

5.52B

Beta: -

Volume Today

479.27K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	25.10
P/B Ratio	3.41
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	3.02
EV Multiple	29.61

Metric
Days Sales Outstanding	18.17
Days Payables Outstanding	23.44
Days Inventory Outstanding	82.08
Operating Cycle	101.80
Cash Conversion Cycle	-14.90
Asset Turnover	1.66

Metric
Operating Cash Flow	149.19M
Free Cash Flow	137.21M
Cash Flow to Debt	9.23
Operating Cash Flow/Sales	0.14
Free Cash Flow Yield	-0.00

Metric
Cash & Equivalents	302.72M
Accounts Receivable	668.51K
Inventory	104.80M
Goodwill	59.72M
Debt to Capitalization	0.03
Debt to Assets	0.06
Current Ratio	2.96
Quick Ratio	2.69

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue	0.14