Flu Away 48 delivered one of the most cringe-worthy pitches in Shark Tank Australia history. A husband and wife team claimed to have cured the common cold, valued their pre-revenue company at $7.5 million, and left the Sharks speechless for all the wrong reasons. Here is what happened to Flu Away 48 after Shark Tank.
What Is Flu Away 48?
Flu Away 48 is a 100% all-natural over-the-counter medication that claims to eliminate the symptoms of cold and flu within 48 hours, or your money back. The product contains ingredients including garlic, echinacea, and vitamin C, all commonly associated with immune system support.
Founders Nicole and Steve Jones are a married couple from Australia with a background in real estate. They held the worldwide distribution rights for the product, which they described as having “the potential to positively impact every single human life on the planet.”
The product had been clinically tested and received TGA (Therapeutic Goods Administration) approval in Australia. However, at the time of their Shark Tank appearance, the company had not made a single sale.
The Shark Tank Pitch
Nicole and Steve appeared on Season 4 of Shark Tank Australia seeking $1.5 million in exchange for 20% equity. That valued their company, which had zero revenue, at $7.5 million.
The pitch went downhill fast. The Sharks questioned the science behind the product and were sceptical about claims of curing the common cold. Dr Glen Richards pressed them on the clinical evidence, and the couple struggled to provide convincing answers about how exactly the product boosted the immune system.
When Nicole and Steve revealed their three-year projection of $90 million in revenue, the Sharks were stunned. Boost Juice founder Janine Allis was particularly unimpressed, calling the $1.5 million ask “cocky” for a company with no sales.
One by one, every Shark passed. Nicole and Steve left without a deal.
What Happened After Shark Tank?
After the show, Flu Away 48 struggled to gain traction in the market. Without investment from the Sharks and no established sales channels, the company faced an uphill battle to get the product in front of consumers.
The company did eventually begin selling the product and generated some revenue, though exact figures have never been publicly disclosed. Some sources estimate the company reached a net worth of approximately $1 million AUD, suggesting they found at least some market for the product.
As of 2026, the Flu Away 48 website displays a “website currently being updated” message, which raises questions about the current status of the business. There is no active social media presence or recent news about the company.
Flu Away 48 Net Worth 2026
As of 2026, Flu Away 48 has an estimated net worth of approximately $1 million AUD. The company appears to be in a state of uncertainty, with its website offline and no recent public activity.
The Flu Away 48 pitch remains one of the most talked-about moments in Shark Tank Australia history. It is a textbook example of what happens when founders overvalue their company, make bold claims without sufficient evidence, and ask for too much money too soon. The product may have had potential, but the pitch certainly did not.