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Fiji Kava Limited ( (AU:CCO) ) has shared an update.
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.
More about Fiji Kava Limited
The Calmer Co. International Limited (ASX: CCO) is a rapidly expanding beverage company that capitalizes on the global demand for kava and other natural products that serve as alternatives to alcohol, promoting relaxation and sleep. Their offerings, which include drinking powders, kava shots, concentrates, and capsules, are marketed under brands like Fiji Kava, Taki Mai, and Danodan Hempworks across regions including the USA, Australia, New Zealand, China, and the Pacific Islands. The company utilizes e-commerce channels and partnerships with major retail distributors, supported by a robust supply chain from farm to shelf.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.54M
See more insights into CCO stock on TipRanks’ Stock Analysis page.