Rogue Baron Plc - Trading Statement to 31 December 2022
Announcement provided by
Rogue Baron Plc · SHNJ17/01/2023 14:57
For Immediate Release
17 January 2023
ROGUE BARON PLC
(“Rogue Baron” or “The Company”)
Quarterly Trading Statement to December 31
Strong finish to the year
Rogue Baron PLC (AQSE: SHNJ, OTC: SHNJF), a global company in the premium spirits sector, is pleased to announce a trading statement for the quarter ending December 31, 2022.
In the final quarter, the Company sold approximately 930 cases of Shinju globally, which was a 137% increase compared to the same period in 2021 resulting in revenues of approximately
The Shinju brand is gaining significant traction in its current markets due to its price positioning, quality, and taste. Repeat purchases from customers and increased orders from distributors are playing a factor in the growth.
The Shinju brand also saw a strong start to sales in the final quarter in the
Given the Company’s increasing distribution footprint globally, Rogue Baron is looking at various financing options to accelerate sales in its current markets, expand into new markets, and potentially push new products through its existing sales platforms. Numerous options are being perused by the board to take advantage of the opportunities that are continually presented to the Company.
Audit Opinion 2021
The Company has made good progress in conjunction with its auditor to resolve the issues presented in the Company’s report and accounts for the year ended 31 December 2021 and is on track to release its results for the year end for September 30, 2023, in advance of the March 31, 2023 deadline.
Ryan Dolder, CEO of Rogue Baron, commented:
"Despite a challenging year due to shipping and logistics issues that limited our inventory availability, and a complex transition to a larger
The Directors of the Company accept responsibility for the contents of this announcement
For further information, please contact:
The Company
Ryan Dolder
AQSE Corporate Adviser:
Peterhouse Capital Limited
Guy Miller +44 (0) 20 7469 0936
AQSE Corporate Broker:
Peterhouse Capital Limited
Lucy Williams +44 (0) 20 7469 0936
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