• Successful equity raising of $24.4 million to invest in brand development and facilities
• Consolidated distilling and operations at Pontville Distillery, establishing it as the long-term home of Lark
• Completed transformational brand restage, unlocking the potential of Lark's Whisky Bank

Lark Distilling Co. Ltd has reported its FY25 results, marking a year of strategic transformation and momentum despite a challenging external environment. The company made significant progress in executing its strategy and laying the foundations for scalable, long-term growth. Key highlights include a successful equity raising of $24.4 million, which provided balance sheet flexibility to invest in brand development and facilities to accelerate growth. The company also consolidated its distilling and operations at the Pontville Distillery, establishing it as the long-term home of Lark. Additionally, the company completed a transformational brand restage, which is expected to unlock the potential of Lark's Whisky Bank and set the stage for accelerated growth. Internationally, the company expanded its footprint across Asia through new distributor partnerships, while domestically, the transition to Spirits Platform has improved market coverage and financial delivery. The company remains focused on its strategic priorities of building long-term brand value, driving international sales momentum and domestic leadership, and maintaining cash and capital discipline.

The company reported a 2.6% increase in revenues from ordinary activities to $17,169,000 and a 147.8% increase in loss from ordinary activities after tax to $11,319,000 for the year ended 30 June 2025.

Looking ahead to FY26, the company is excited to begin shipping the updated portfolio in the first half of the year, with domestic sales commencing and a global launch planned for the second half. With strong foundations now in place, the company is well-positioned to deliver on its growth ambitions and create long-term and sustainable shareholder value.