Latest News

Mighty Craft Limited (ASX:MCL) (Mighty Craft or the Company) is pleased to announce its FY21 results and provide an update on the outlook for FY22 Highlights: Financial Performance Total income of $31.3 million for the year, up +200% on FY21 (“pcp”)Revenue of $29.3 million for the year,up +218%on pcpReported EBITDA of $(12.2)m vs $(7.8)m in […]

78 Degrees Whiskey Scores Major International Awards  South Australian craft distillery 78 Degrees has cleaned up at the 2021 American Distilling Institute (ADI) Craft Spirits Awards last night, receiving top accolades for both whiskey and gin, solidifying its position as one of the most highly regarded distilleries in Australia.  Held in Louisville, the ADI Craft Spirits Awards is the world’s longest running and […]

The winners of the 2021 delicious. Harvey Norman Produce Awards, the country’s most prestigiousfood industry campaign, have been revealed and South Australia’s Seven Seasons Distillery hasbeen named winner of the ‘In the Bottle’ trophy. Now in its 16th year, the Awards celebrate the country’s new, innovative, native and consistentlyoutstanding Australian ingredients grown, caught, sourced or […]

Mighty Craft Managing Director Mark Haysman is pleased to announce that the ASX-listed craftdrinks accelerator has entered into an agreement to acquire three of South Australia’s celebrated craftbeverage businesses including Adelaide Hills Distillery, Mismatch Brewing and Hills Cider. The deal also includes 75% ownership of the LOT.100 venue, which is a destination distillery, cellardoor, restaurant, […]

Founders First Limited is pleased to announce that shareholders have approved a special resolution at its Annual General Meeting today which proposes to change the Company’s name to Mighty Craft. The Company’s Board believes changing the name of the Company will create greater alignment with its business strategy and reset and re‐establish market perceptions to […]

We have today announced to the ASX our Q1 results which reflect ongoing growth acceleration in both beer and spirits with wholesale growth at +99% and non-Victorian venues getting back to ~ 80% of pre COVID levels. Key operational highlights included: Completed a capital raise for $16.1m ensuring the business is well funded and able […]

We are pleased to announce that Founders First has signed an agreement with Bevchain (Bevchain Pty Ltd ACN 118 451 773) to operate a national logistics network that will manage cold store warehousing and transport across the country targeting craft beer. The cold store logistics network will be operational from November. The agreement includes a […]

Founders First Limited is pleased announce the successful completion of its Share Purchase Plan (SPP) which closed at 5pm on Friday 9th October. The SPP received valid applications of $1.667m (4.765m shares) which was above the planned $1.5m raise. The board has decided to accept over subscriptions in line with the terms outlined in the […]

We have appointed Yolanda Uys to the newly created role of Marketing & Innovation Director. Yolanda is a highly experienced innovator and marketer in liquor retailing, Yolanda has been Coles Group’s General Manager Marketing for the past three years, leading the marketing strategy for Coles Liquor and successfully relaunched the Liquorland and Vintage Cellars brands. […]