- EVE Investments (EVE) has announced record results, increasing both its revenue and cash balance during the September quarter
- Group unaudited revenues grew 23 per cent compared to the June quarter, to total $2.1 million – more than half of which comes from the U.S.
- Additionally, EVE increased its cash balance from $5.1 million to $5.4 million in Q1 FY21
- The company said the positive results come as global demand grows for its honey and tea tree products
- Looking ahead, EVE advised it was on track for a bumper tea tree oil yield which will exceed the previous year’s harvest
- Shares in EVE have ended the day steady, worth 1.2 cents
