Ann: WHA Signs Supply Agreement for India, page-8

Directors are already long and the CEO/founder put $4m of his own money in to get this started. The growth is amazing.
WHA is in the ORGANIC space on several fronts, so the price per can is probably larger than the some others. Don't forget, some of the other manufacturers don't even get their product from here.
I also think this is the first company to sell into India? correct me if i am wrong on that front.

WHA already have over $130m worth of revenue on contracts moving forward so far and Bellamys has some $244m in revenue FROM LATE 2016.
You can see the margins in Organic below.
If these numbers translate across to WHA, the profit is serious.


From Fin review
Organic infant formula maker Bellamy's Australia has more than tripled its full year profit to $38.3 million.
Bellamy's record high revenue of $244.6 million is the equivalent of selling 8.4 million tins of infant formula. Sales in Australia were equivalent to 6 million tins of formula, in a country where just 300,000 babies are born annually.

The company's revenue for the 12 months to June 30 climbed 95 per cent as sales from China and Hong Kong surged 331 per cent to $62.1 million. Australian sales rose 67 per cent to $178.6 million.
A price increase in Australian in December 2015 to nearly $30 per tin helped Bellamy's boost its gross profit margin from 32.9 per cent in 2015 to 45.7 per cent.
In early trade, shares in Bellamy's are up over 7 per cent to $14.34 .


dyor