Digital Wine Ventures: Increases revenue over Q4 FY21
- Digital Wine Ventures (DW8) says it generated $1.02 million in revenue over Q4 FY21, a 33 per cent increase quarter-on-quarter
- The online wine business shipped over 75,000 cases of product during the period, and notched up 32,850 customer orders
- This marks a 22 per cent increase on the March quarter figures and DW8 said the average number of cases per order now sits a 2.33
- DW8 also signed deals with Amazon and Zip (Z1P) during Q4 and signed on an extra 68 suppliers
- Financially, the company ended the quarter with $6.78 million in the bank, having spent $1.5 million on operating activities
- Digital WineVentures are trading down 3.66 per cent at 7.9 cents each
