LRK lark distilling co. ltd

3.5 hrs of trading until the Qtly result... Any one care to take...

  1. 603 Posts.
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    3.5 hrs of trading until the Qtly result...

    Any one care to take a stab at Qtly sales?

    For reference,

    Sep 2021 Qtly sales of $4.1m (Share price at close on release of Qtly 18th Oct was $5.06)
    Dec 2021 Qtly sales of $6.3m (SP on release 28 Jan was $4.45)
    Mar 2022 Qtly sales of $3.1 (SP on release 29 April was $3.55)
    Jun 2023 Qtly sales of $6.8m (SP on release 26 July was $2.83)

    For full yr sales of $20.3m


    Recap of where we were at at yr end.
    - $16m cash in bank
    - $10m undrawn debt facility
    - $5.4 modern manufacturing grant untapped,
    - positive cash flow in Q4 of $1.3m (supported by timing of income vs expenditure but generally trending to CF positive operations and will improve over time as the sales staff hit their straps)
    - 2.1m litres of whisky (43% ABV)
    - NSR $269 per litre
    - Fy2023 forecast sales of +$30m (cant find it in materials, was this noted in the annual result webinar?)


    I would like to see some commentary on the below also;

    Lark's key strategic initiatives planned for FY23 include:
    - Appointment of a new CEO
    - Consumer-targeted and disciplined limited release program
    - Expansion of Classic collections, ensuring core range to meet the
    demand for luxury, high end products
    - Sustainable export strategy in key markets in China, South East
    Asia and US
    - Expanding distribution and range within Australia
    - Building on reputation as Australia’s preeminent luxury whisky
    - Additional focus on the opportunities in Australia and export
    markets for Forty Spotted Gin
    - Continuation of carbon neutral program








 
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(20min delay)
Last
84.5¢
Change
-0.020(2.31%)
Mkt cap ! $89.54M
Open High Low Value Volume
86.0¢ 86.0¢ 79.0¢ $28.22K 35.09K

Buyers (Bids)

No. Vol. Price($)
2 342 84.5¢
 

Sellers (Offers)

Price($) Vol. No.
85.5¢ 3509 1
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Last trade - 13.41pm 31/07/2025 (20 minute delay) ?
LRK (ASX) Chart
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