Company: AGCC
Filing Date: 2025-07-10
Form Type: F-1
Source: 0001213900-25-062654
Chunk: 90

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-10
Form: F-1
Chunk 90
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 sourcing, aging, and producing exceptional whisky expressions. By adjusting selling prices upward, particularly for our higher -endand limited -editionproducts, we were able to maximize revenue potential and align pricing with the perceived value and rarity of these offerings. This strategy not only contributed to overall revenue growth but also enhanced our brand’s positioning as a purveyor of premium and exclusive whisky experiences. Our whisky products are available across a wide range of price points, catering to diverse customer segments and preferences. In 2024, selling prices ranged from US$14 to US$15,773, reflecting a significant expansion compared to 2023, when prices ranged from US$18 to US$254. This diverse portfolio includes both entry -leveland premium offerings. The lower end of the price range, starting at US$14, represents our more accessible varieties, appealing to a broader consumer base seeking quality at reasonable prices. In contrast, the higher end, reaching up to US$15,773 encompasses our most exclusive offerings, targeting discerning collectors and connoisseurs. While our product portfolio spans various price points, the significant increase in trade volume during 2024 was primarily concentrated in more premium and higher -pricedofferings (i.e. mid to high -rangeofferings, reflecting strong demand for moderately priced to more premium, high -qualityproducts from a growing customer base. By maintaining a diverse range of selling prices, we effectively cater to various customer segments, driving revenue growth. In 2024, we made significant strides in strengthening our market presence and deepening our penetration within existing markets. We expanded our distribution channels and forged strategic partnerships with key wine sellers and distributors. This extended reach allowed our products to be more widely available and accessible to consumers across various regions. We introduced new whisky varieties and limited editions, catering to evolving consumer preferences and trends. This diversification strategy allowed us to capture a broader range of customer segments and meet the growing demand for unique and premium whisky experiences. By combining improved market penetration with targeted expansion efforts, we were able to capitalize on the growing demand for whisky products, driving significant revenue growth and solidifying our position as a prominent player in the industry. Cost of revenue The cost of revenue increased to US$1,272,440 in 2024, representing a 143% upward movement from US$523,377 in 2023. This increase was primarily due to the increased sales volumes. However, the rise in cost of revenue was proportionally lower than the growth in sales, resulting in improved gross margins for both