Excellent work from the CLB team, all despite a challenging US COVID environment.
- Massive top-line growth
- Improvement in NOCF
- Strong cash buffer ($3.1m)
- Customer loyalty - re-order rates at 96% for the top 25 customers
- Great momentum - January figures look extremely strong, relative to historical performance (up 6x!)
- New hires and strategic initiatives in place
- Stable B2C division, which continues to break even
"Candy Club expects this growth trajectory to continue in FY2021"... shaping up to be a very exciting year.
Ann: Quarterly Activities Report & Appendix 4C, page-4
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