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Fiji Kava Limited (AU:CCO)
ASX:CCO
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Fiji Kava Limited (CCO) AI Stock Analysis

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AU:CCO

Fiji Kava Limited

(Sydney:CCO)

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Underperform 37 (OpenAI - 4o)
Rating:37Underperform
Price Target:
AU$0.00
▼(-100.00% Downside)
The overall stock score is heavily impacted by the company's poor financial performance, characterized by persistent losses and high leverage. The lack of technical analysis data and negative valuation metrics further contribute to the low score. The absence of earnings call insights and corporate events leaves these areas unaddressed.

Fiji Kava Limited (CCO) vs. iShares MSCI Australia ETF (EWA)

Fiji Kava Limited Business Overview & Revenue Model

Company DescriptionThe Calmer Co International Limited operates as a medicinal kava health and wellness company in Australia, New Zealand, Fiji, and the United States. It produces and sells noble kava extract capsules, and powder mixes under the Fiji Kava and Taki Mai brand names. The company also sells its products through fijikava.com. The company was formerly known as Fiji Kava Limited and changed its name to The Calmer Co International Limited in April 2023. The Calmer Co International Limited was incorporated in 2014 and is based in West End, Australia.
How the Company Makes MoneyFiji Kava Limited generates revenue primarily through the sale of its kava products, which are marketed to health-conscious consumers looking for natural alternatives for relaxation and stress relief. The company has established key revenue streams through online sales, partnerships with health and wellness retailers, and distribution agreements with international wholesalers. Additionally, Fiji Kava Limited benefits from its brand reputation and the growing global trend towards herbal supplements, which contributes to increased demand for its products. Strategic collaborations with health practitioners and participation in wellness events further enhance its visibility and sales potential.

Fiji Kava Limited Financial Statement Overview

Summary
Fiji Kava Limited shows strong revenue growth but suffers from poor profitability and financial instability. The company's negative equity and persistent net losses are significant concerns. Although there are slight improvements in cash flow management, the overall financial health remains weak.
Income Statement
35
Negative
Fiji Kava Limited has experienced significant revenue growth, increasing from $1.78 million in 2023 to $4.26 million in 2024. However, profitability remains a challenge with negative net and gross profit margins, and consistent net losses across years indicate poor bottom-line performance. Negative EBIT and EBITDA margins further highlight ongoing operational inefficiencies.
Balance Sheet
40
Negative
The company has negative stockholders' equity, which is concerning as it indicates liabilities exceed assets, reflecting financial instability. The debt-to-equity ratio is not interpretable due to negative equity, and the equity ratio is likewise unfavorable. This precarious financial position poses significant risks to stakeholders.
Cash Flow
30
Negative
Despite negative free cash flow, there is an improvement in operating cash flow from -$3.80 million in 2023 to -$2.08 million in 2024, suggesting some progress in cash management. However, free cash flow remains negative, indicating ongoing challenges in generating sufficient cash to cover expenses and investments.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue8.03M8.03M4.26M1.78M2.05M1.16M
Gross Profit3.48M3.48M2.05M-1.40M236.14K404.43K
EBITDA-3.49M-3.45M-3.34M-4.86M-5.72M-3.19M
Net Income-3.99M-3.99M-3.73M-5.24M-5.92M-3.39M
Balance Sheet
Total Assets5.68M5.68M4.33M3.24M4.79M3.60M
Cash, Cash Equivalents and Short-Term Investments1.46M1.46M1.10M462.15K814.06K1.18M
Total Debt2.31M2.31M2.21M2.35M1.78M267.12K
Total Liabilities3.78M3.78M4.80M3.32M2.51M694.78K
Stockholders Equity1.90M1.90M-466.84K-87.53K2.28M2.91M
Cash Flow
Free Cash Flow-4.83M-4.83M-2.19M-3.82M-7.10M-4.40M
Operating Cash Flow-4.37M-4.37M-2.08M-3.80M-6.14M-4.14M
Investing Cash Flow-459.91K-459.91K-116.97K-21.08K-964.94K-259.37K
Financing Cash Flow5.19M5.19M2.83M3.47M6.74M4.16M

Fiji Kava Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$20.33B14.63-3.31%3.23%1.93%-12.26%
27.69%
AU$8.02M-2.78-77.48%63.30%70.00%
AU$8.20M-60.84%-18.70%20.83%
AU$12.23M-6.67-555.97%88.48%51.61%
AU$4.28M-21.84%79.99%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CCO
Fiji Kava Limited
0.01
0.00
0.00%
AU:HPP
Health and Plant Protein Group Limited
0.04
0.00
0.00%
AU:EVE
EVE Health Group Limited
0.03
0.00
0.00%
AU:NGS
Nutritional Growth Solutions Ltd.
0.02
-0.02
-50.00%
AU:OMG
Forbidden Foods Ltd
0.01
0.00
0.00%

Fiji Kava Limited Corporate Events

Director’s Interest Notice: Zane Yoshida Increases Holdings in The Calmer Co
Oct 17, 2025

The Calmer Co International Limited has announced a change in the director’s interest notice, specifically involving Zane Yoshida. The announcement details the acquisition of 20 million fully paid ordinary shares (FPOS) by UMI7 Investments Pty Ltd, where Mr. Yoshida holds an indirect interest as a director and beneficiary. This move reflects an increase in the director’s indirect holdings, potentially strengthening his influence and stake in the company.

The Calmer Co. Issues 47 Million Shares to Bolster Market Position
Oct 17, 2025

The Calmer Co. International Limited has issued 47 million fully paid ordinary shares as part of its share plan, without requiring disclosure to investors under specific provisions of the Corporations Act 2001. This strategic move, authorized by the company’s Board of Directors, aligns with regulatory compliance and suggests a potential strengthening of the company’s financial position, impacting its market operations and stakeholder interests.

The Calmer Co International Limited Announces Quotation of New Securities
Oct 17, 2025

The Calmer Co International Limited, identified by the ASX issuer code CCO, has announced the quotation of 47,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities, issued under an employee incentive scheme, are set to be quoted despite any transfer restrictions, potentially enhancing the company’s market liquidity and investor appeal.

Fiji Kava Limited Reports Robust Growth and Future Prospects
Oct 3, 2025

Fiji Kava Limited has reported significant financial growth with $8 million in revenue for FY25, marking an 86% year-over-year increase and nearly fivefold growth over two years. The company is on track to achieve breakeven by 2026, highlighting its strong positioning and potential impact in the kava industry.

The Calmer Co. Achieves Record $2.4 Million Quarterly Revenue
Oct 3, 2025

The Calmer Co. International Limited has announced a record-breaking quarterly revenue of $2.4 million for the first quarter of FY26, marking a 26% increase from the previous quarter. This growth is driven by strong sales in Australia and the USA, with significant contributions from retail distribution and new product launches on Amazon. The company has also secured $700,000 as part of a convertible note issuance to bolster inventory and growth initiatives, positioning it well to achieve breakeven. The company’s diversified sales and marketing strategies, along with its expanding B2B business, underscore its potential in the global kava market.

The Calmer Co International Limited Announces Convertible Notes Issuance
Sep 29, 2025

The Calmer Co International Limited has announced a proposed issue of 1,400,000 convertible notes, with the issuance date set for September 30, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX, pending approval. This issuance is expected to impact the company’s financial operations by potentially increasing its capital base, which could enhance its market positioning and provide new opportunities for stakeholders.

The Calmer Co. Secures $1.4 Million to Fuel US Market Expansion
Sep 29, 2025

The Calmer Co. International Limited has secured $1.4 million through a convertible note raise, with the first tranche of $700,000 already committed. This funding will be used to build inventory and support working capital as the company continues its growth trajectory, particularly in the US market where it has seen a 21% increase in revenue. The involvement of Applied Food Sciences as a strategic investor underscores confidence in The Calmer Co.’s expansion strategy, especially in the wholesale channel, and aligns with its goal of building a global platform for its nutraceutical business.

The Calmer Co. Reports Strong Sales Growth Amid Operational Turnaround
Sep 4, 2025

The Calmer Co. International Limited reported strong sales momentum in July and August 2025, following a successful operational turnaround in the second half of FY25. The company reduced total expenses by 27% and improved its operating loss by 33%, driven by cost controls and price increases in major Australian retailers. Sales in July reached $715k, with August sales increasing by 17% to $838k, bringing the annualized sales run-rate to over $10 million. Notably, Amazon USA sales grew by 12% month-on-month, enhancing the company’s market share in the US kava category. The introduction of new products, such as kava tinctures and flavored Taki Mai shots, has contributed to this growth, positioning the company for continued expansion across retail, B2B, and eCommerce channels.

The Calmer Co. International Ltd Upholds ASX Governance Standards
Aug 28, 2025

The Calmer Co. International Ltd has released its corporate governance statement for the financial year ending 30 June 2025, which is available on their website. The statement confirms the company’s adherence to ASX Corporate Governance Council recommendations, detailing the roles and responsibilities of the board and management, and ensuring transparency in governance practices. This announcement reinforces the company’s commitment to maintaining high governance standards, potentially enhancing stakeholder trust and positioning the company favorably within the industry.

Fiji Kava Limited Reports Increased Revenue but Sustained Losses for 2025
Aug 28, 2025

Fiji Kava Limited, operating under The Calmer Co. International Limited, reported its financial results for the year ending June 30, 2025. The company saw an 88% increase in revenues from ordinary activities, totaling $8,034,682. However, it also reported a 7% increase in losses after tax, amounting to $3,992,277. No dividends were declared for the period, indicating a focus on reinvestment or financial restructuring.

The Calmer Co. Secures Expanded Lease for Growth in Fiji
Aug 8, 2025

The Calmer Co. has secured an expanded lease for its Navua facility in Fiji, ensuring long-term operational stability and supporting its growth strategy. The lease agreement, which includes a three-year term with an option to extend until 2031, allows the company to redirect capital initially intended for property acquisition towards accelerating growth initiatives, particularly as it enters the US market.

Director Increases Stake in The Calmer Co International Limited
Aug 6, 2025

The Calmer Co International Limited announced a change in the director’s interest, specifically involving John Homewood, who is a director of Homewood Venture Capital Pty Ltd and Ace Property Holdings Pty Ltd. The change involved an acquisition of 1,472,175 fully paid ordinary shares (FPOS) by Homewood Venture Capital Pty Ltd, increasing their total holdings to 135,000,000 FPOS. This transaction, conducted as an on-market trade, reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future prospects.

The Calmer Co. Achieves Record Sales Growth in Coles Retail Channel
Aug 6, 2025

The Calmer Co. International Limited has announced a record monthly sales result in the Coles retail channel for July 2025, with an 81% increase in sales to $344,000. This growth, driven by an expanded store footprint, strong sell-through rates, and targeted in-store promotions, underscores the company’s successful national expansion within Coles stores and its position as a leader in the natural wellness and alcohol alternatives category. The company remains focused on driving sales velocity within major national retailers and enhancing consumer engagement across its brands, with growth in the Australian retail channel being a key pillar of its strategy for sustainable revenue growth and category leadership.

The Calmer Co. Expands Global Reach with Kava Products
Jul 31, 2025

The Calmer Co. has presented its Q4FY25 results, highlighting its focus on leveraging global opportunities in the kava market. The company’s strategic distribution through e-commerce and retail channels, along with a transparent supply chain, positions it strongly in markets such as the USA, Australia, New Zealand, China, and the Pacific Islands, potentially enhancing its market presence and stakeholder value.

The Calmer Co. Reports Strong Q4 FY25 Growth and Strategic Advancements
Jul 31, 2025

The Calmer Co. International Limited, operating in the wellness and natural products industry, reported significant financial progress in Q4 FY25, focusing on sustainable and profitable growth. The company achieved a 6% increase in quarterly revenue, driven by strong performance in eCommerce, particularly on Amazon USA, and successful retail channel expansion into Woolworths. The transition to the Acuity platform is expected to enhance operational efficiency and support the company’s strategy to diversify sales channels and leverage its CO₂ extraction capability, positioning it well for accelerated growth in FY26.

Director Increases Stake in The Calmer Co International Limited
Jul 25, 2025

The Calmer Co International Limited has announced a change in the director’s interest, specifically involving John Homewood. Mr. Homewood, through his associations with Homewood Venture Capital Pty Ltd and Ace Property Holdings Pty Ltd, has increased his holdings of Fully Paid Ordinary Shares (FPOS) by acquiring 13,527,825 shares, bringing the total to 133,527,825 FPOS. This acquisition was made through an on-market trade at a value of $0.003 per share. The change in Mr. Homewood’s interest could potentially impact the company’s market perception and stakeholder confidence, as it reflects a significant increase in his investment in the company.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 19, 2025