LARK Distilling Co. Ltd.

ASX:LRK

LARK Distilling Co. Ltd.

ASX:LRK
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$1.050 (-5.4%)
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0
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23
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Capri
Company Report
Last edited 3 years ago
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Performance (50m)
10.8% pa
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#Bull Case
stale
Capri
Added 3 years ago
View author's company report

Lark released their H1 results yesterday lunch time, which included revenue of $7.5m, a 95% increase to H120 revenue and a 28% increase in QoQ cash receipts. Main highlights to drive growth in H2, include:

- Adding key distributers 
- Continued acceleration of Lark limited release and collab programme 
- New product 'Lark Legacy' to be released in Q3
- New Tasmanian Whisky Bar project
- New stores opening

With a market cap under 90m, the valuation does not seem too demanding and if growth can continue at the same pace there is no reason the share price can't keep climbing higher.