Leading Australian producer and marketer of premium spirits including NED Whisky, Grainshaker Vodka, and Act of Treason Australian Agave.
Vertically integrated operations across distillation, maturation, production, packaging, and agave cultivation in Victoria and Queensland.
Significant distillation capacities for whisky, vodka, and agave spirits, alongside a large agave plantation.
Completed major capital investment with the commissioning of an agave distillery in December 2023.
Strategy focused on margin accretion, profitability, brand premiumisation, and customer-centric growth including retail expansion and joint ventures.
Emphasis on operational excellence, innovation, and strategic partnerships to support growth and international expansion.
NED Whisky recognized as #1 Australian Whisky with significant distribution expansion and premiumisation efforts.
Grainshaker Vodka awarded International Vodka Producer of the Year 2023, with significant growth and cost of goods sold (COGS) improvement.
Integrated operational platform supports efficient production and quality assurance, with significant whisky and agave assets.
Financial performance shows improvement in gross margin, EBITDA, and cash flow, with a focus on reducing costs and increasing revenue.
Board of Directors and Executive Team comprise individuals with extensive experience in finance, wellness, spirits industry, and commercial leadership.
Launch strategy for Act of Treason includes targeting industry influencers, national retail partnerships, and direct-to-consumer sales.
Financial statements indicate a positive trajectory in profit, loss, and cash flows, with significant investments in brand and assets.
This announcement is a summary of the company approved ASX announcement on 12/3/2024.