Fiji Kava Limited (AU:CCO) has released an update.
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Fiji Kava Limited has reported a record-breaking quarter with revenues of $1.07m, signaling a 200% increase from the previous year and a 17% rise from the last quarter, despite February’s stock shortages. The company has strategically boosted inventory levels to over $1.5m to meet the growing demand, particularly for its new Taki Mai kava-shots launched in Coles supermarkets and listed on Walmart.com in the USA. With expenses under control, Fiji Kava is positioning for continued growth by reinforcing its eCommerce presence and expanding its product availability.
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