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The Calmer Co’s MD & CEO, Anthony Noble, highlights the company’s impressive financial performance for FY24.
The company achieved a 140% increase in annual revenue, with gross profit rising by 150% to $2.1 million.
Key strategies included exiting non-profitable retail partnerships and focusing on high-margin products and direct-to-consumer sales, now making up 70% of CCO’s revenue.
Moving forward, The Calmer Co plans to expand its e-commerce presence, particularly in the U.S., where they see significant growth potential with the launch of ready-to-drink products and a new Shopify framework.
Disclaimer: The Market Online has a commercial relationship with Calmer Co.
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