Business · Companies · 2 hrs ago

The Calmer Co reports record quarterly revenue of $2.44 million

The Calmer Co reports record quarterly revenue of $2.44 million

The Calmer Co reported record revenue of $2.44 million for the September quarter, up 42% from the previous quarter.

Growth came from US wholesale orders and Australian supermarket sales, two important parts of its kava business.

Kava is sold in several forms, including powder, extracts and ready-to-drink products; powder remained the company’s biggest seller.

US customers drove most wholesale sales, mainly ordering kava ingredients and extracts for use in beverages and other products.

In Australia, sales rose 24%, and the company plans to launch its FZZR flavoured range in Coles in the second quarter of FY27.

The company’s cash outflow narrowed to $755,000, but it had $953,000 in cash at quarter end and reported 1.3 quarters of funding at that outflow rate.

Reaching quarterly cash-flow breakeven remains a goal as it works on costs, margins and more regular wholesale orders.

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What people are saying

Zane YoshidaChief executive officer of The Calmer Co
Wholesale and B2B ingredients revenue increased to $832,000 from $306,000 in the prior quarter, supported by demand for premium kava ingredients, including CO₂ extracts, particularly in the United States.
via Stockhead
Scaling this higher-value channel remains central to our strategy to improve Group margins and build a more predictable revenue base.
via Stockhead