Fiji Kava Limited (AU:CCO) has released an update.
Fiji Kava Limited reports a significant increase in Q4 revenues, reaching $1.8 million, a 195% rise from the previous year, with annual sales surpassing $4 million in FY24. E-commerce sales have skyrocketed, particularly in Australia, achieving over $18,500 per day, a 518% increase from June 23. The company’s expansion is further supported by Coles, which increased its listings of Fiji Kava products by 40%, enhancing the company’s Australian retail presence.
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