Significant Gross Margin Increase
GURU's gross margin increased to 55.4%, up from 51.2% in Q3 2023, due to favorable pricing dynamics and reduced input costs.
U.S. Market Expansion
Sales in the U.S. increased by 74% year-over-year in the last 9 months, with a 10.3% growth compared to Q3 2023.
Strong Online Sales Performance
Achieved 76% growth during Amazon's Prime Day event compared to last year, and maintained a repeat purchase rate of 60% online.
Cost Management Success
Net loss reduced by 50% over the last 2 years, with a 25.8% improvement in Q3 2024 compared to Q3 2023.
New Product Launches
Launch of Zero Sugar line in the U.S., targeting 50% of the $20 billion North American energy drink market.