BEACN Wizardry & Magic Inc. reported a 42% increase in year-over-year net sales for H1 2024.

BEACN Wizardry & Magic Inc. reported a 42% increase in year-over-year net sales for the first half of 2024, with revenue reaching $1.56m compared to $1.09m in the same period of 2023. Gross profit increased to $590,800 (38%) from $476,901 (44%) in 2023. The growth can be attributed to the expansion of new sales channels and the introduction of the BEACN Mic Stand. CEO, Craig Fraser, expressed optimism for future growth and plans to add more B2B retail and distribution partners, introduce new products, and launch new marketing initiatives in the second half of 2024.

August 23, 2024
6 Articles

Further Reading