DropWorks Rum Reports Revenue Doubling in Third Year of Operations
DropWorks Rum has more than doubled its revenue year-on-year, driven by branded and private label sales along with distillery tours. The distillery aims for international expansion following a successful crowdfunding campaign in late 2025.
Theia Market Signal Identification - AI Assisted
DropWorks Rum has reported more than a 100% increase in revenue compared to the previous year, driven by branded bottle sales, private label sales, and over 3,000 distillery tour bookings. The company successfully raised nearly £500K in crowdfunding and is pursuing further investment for international expansion.
CEO Graham Appleyard joined the company over a year ago, bringing extensive experience from Diageo. DropWorks secured a listing at Fortnum & Mason and launched 'HAUS Parties' in collaboration with HAUS Bitters.
The distillery produces rum on-site, with bespoke copper stills and full production oversight. The next 12 months are expected to sustain growth and excitement in the rum category.
Comments