Candy Club Holdings Limited (ASX:CLB) Achieves Record 4Q 2020 as B2B Revenue Up 509% YoY
Achieves Record 4Q 2020 as B2B Revenue Up 509% YoYMelbourne, Jan 27, 2021 AEST (ABN Newswire) - Candy Club Holdings Limited ( ASX:CLB) has announced its results for the three months ending 31 December 2020 ("4Q FY2020") today. Financial Highlights Total gross revenue grew 205% YoY to $3.29 million in 4Q FY2020 mainly driven by the strong B2B demand in the seasonally strong 4Q period. The strong performance comes amid the extremely challenging operating environment in the US, which continues to be impacted by the COVID-19 pandemic. The B2B segment recorded revenue of $2.8 million in 4Q FY2020, representing a QoQ and YoY increase of 71% and 509%, respectively.