Noumi Limited (ASX: NOU) is an Australian fast-moving consumer goods company that develops, sources, manufactures, markets, sells and distributes dairy and plant-based beverages, nutritional ingredients and performance powders principally through its Dairy & Nutritionals and Plant-based Milks segments; core products include full cream, skim, low fat, lactose-free, flavoured and fortified specialty milks, cream, protein drinks, dietary enhancements and nutritional powders under brands such as Milklab, Australia's Own, Vital Strength, Uprotein, Crankt and So Natural. The company serves health and fitness industries, retailers, HORECA channels and export markets including Australia, New Zealand, China, Southeast Asia, South Africa and the Middle East from advanced manufacturing facilities in Victoria and New South Wales. Founded in 1984 and headquartered at 8a Williamson Road, Ingleburn, New South Wales, Noumi pursues a Reset, Transform and Grow strategy, implementing new milk supply agreements from July 2024, launching Milklab into domestic retail and oat reformulation, expanding strategic distribution partnerships in five key export markets, achieving 9% Q1 FY26 revenue growth to $162.4 million driven by 13.7% Dairy & Nutritionals increase, resolving legacy ASIC proceedings and class action settlements, attaining positive operating cash flow of $12.8 million in Q1 FY26, and reporting unrestricted cash of $21.9 million as of September 2025 with total liquidity of $31.9 million.