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Fiji Kava Limited ( (AU:CCO) ) has provided an update.
The Calmer Co. International Limited has achieved a significant milestone with its FY25 revenue surpassing AU$8 million, marking an 86% increase from the previous year. This growth is attributed to a strong multichannel strategy and the successful expansion of its product offerings, including the launch of new flavoured Taki Mai Kava Shots on Amazon USA. The company’s strategic focus on the US market is further supported by increasing brand share and customer loyalty on Amazon, as well as partnerships to enter the US kava bar market, positioning it for continued growth and market leadership.
More about Fiji Kava Limited
The Calmer Co. International Limited is a Consumer Packaged Goods company that specializes in kava and other natural products aimed at promoting relaxation, aiding sleep, and providing a healthier alternative to alcohol. The company is focused on expanding its market presence, particularly in the US, through diversified sales channels including direct-to-consumer, retail, and online platforms such as Amazon.
Technical Sentiment Signal: Sell
Current Market Cap: A$7.53M
Learn more about CCO stock on TipRanks’ Stock Analysis page.