The Calmer Co. International Limited (ASX: CCO) has surged ahead in the global kava market, achieving a record-breaking revenue run rate of over $10 million annually, driven by expanding e-commerce sales and an innovative product line-up.
A second retail growth pillar continues to rise in tune with digital sales as CCO gets on the expansion path across Australia and the US.
Calmer Co is looking at a follow-on placement after excess demand for a scale-up amid continually improving sales.
Kava sales appear to be getting CCO close to breakeven after a massive jump in consecutively building online buys.