LQR House reports 214% y/y revenue growth in January

LQR House announces a 214% Year-Over-Year increase in revenue for January 2024 when compared to the same period in 2023. In January 2023, the company reported revenues of $48,748.00, while in January 2024, the figures surged to an impressive $153,275.14. Traditionally, January poses challenges for the alcohol industry, marked by post-holiday recovery, New Year health resolutions, and the trend of participating in Dry January. Recognizing this industry pattern, LQR House strategically added new non-alcoholic beverage category and expanding its low-volume alcohol beverage category in November-December. The Company believes that this proactive approach allowed LQR House to navigate the traditionally slower month while meeting the diverse needs of consumers.