Welcome to our dedicated page for Kandal M Venture news (Ticker: FMFC), a resource for investors and traders seeking the latest updates and insights on Kandal M Venture stock.
Kandal M Venture Limited (Nasdaq: FMFC) is a contract manufacturer of affordable luxury leather goods with manufacturing operations in Cambodia. The company focuses on producing handbags and small leather accessories for fashion brands, and its news flow reflects developments in this specialized manufacturing and consumer cyclical niche.
On this page, readers can review company-issued updates such as customer order trends by fashion season, including Resort, Spring, and Trans seasons in the United States. Kandal M Venture Limited has reported order volumes for these seasons and has commented on how orders align with internal expectations and broader conditions such as tariff headwinds and global economic uncertainty.
News items also cover financial results, where the company discusses revenue generated primarily from handbag sales, cost of sales, gross profit, operating expenses, and net income for completed fiscal years. These releases often explain factors influencing margins, such as product mix, staffing for production supervision and quality control, and efficiency in producing new designs.
Investors can also find capital markets and listing-related announcements, including the pricing and closing of the company’s initial public offering on the Nasdaq Capital Market, the full exercise of the underwriters’ over-allotment option, and the company’s stated plans for using IPO proceeds to expand its geographic reach, enhance production capacity, and establish a design and development center.
In addition, Kandal M Venture Limited has disclosed Nasdaq compliance communications, such as a notification letter regarding minimum bid price requirements and the associated timeframes to regain compliance. Together, these news items provide context on operational performance, customer demand, capital structure, and listing status for FMFC. Users interested in the contract manufacturing of affordable luxury handbags and accessories can consult this news feed for company-specific updates and official statements.
Kandal M Venture Limited (Nasdaq: FMFC) announced it received a Nasdaq notification dated December 22, 2025 that its closing bid price for the last 30 consecutive business days fell below the $1 continued listing requirement under Nasdaq Rule 5550(a)(2). The notice provides a 180-calendar-day compliance period under Rule 5810(c)(3)(A) to regain compliance by achieving a closing bid of at least $1 for ten consecutive business days.
If Kandal fails to regain compliance, it may be eligible for an additional 180-day period only if it meets Nasdaq’s market value and other initial listing standards and files written notice of its intent to cure, potentially by effecting a reverse stock split. Trading of the Company’s class A ordinary shares will continue uninterrupted under the symbol FMFC while the matter is pending. Kandal is evaluating options to regain compliance but gave no assurance it will succeed.
Kandal M Venture (Nasdaq: FMFC) provided a customer order update for the fiscal year ending March 31, 2026. As of Nov 28, 2025 the company has received $4.0 million in new orders for the Trans 2026 season, bringing total orders to date to $17.2 million for Fiscal Year 2026. The company said customer orders are meeting expectations despite 2025 tariff headwinds.
Management noted Trans season timing (April–July) and said it plans to pursue geographic expansion and customer-base growth. Current clients include several globally recognized U.S.-headquartered fashion brands.
Kandal M Venture Limited (Nasdaq: FMFC), a Cambodia-based contract manufacturer of affordable luxury leather goods, has reported customer orders totaling $6.72 million for the fiscal year ending March 31, 2026.
The orders, covering Resort 2026 and Spring 2026 seasons, align with company expectations. The Resort Season targets end-of-year U.S. sales, while Spring Season covers January to March. The company serves well-known global fashion brands headquartered in the United States and plans to expand its geographic presence to grow its customer base.
Kandal M Venture Limited (Nasdaq: FMFC), a Cambodian contract manufacturer of luxury leather goods, reported financial results for FY ended March 31, 2025. Revenue increased 23% to $17.19 million from $13.97 million in FY2024, driven by post-pandemic market recovery and increased sales volumes.
The company recently completed its IPO on June 26, 2025, raising $9.2 million through the sale of 2.3 million Class A ordinary shares at $4.00 per share, including full exercise of the over-allotment option. However, net income declined 81.3% to $209,673, primarily due to increased costs and one-off IPO expenses. Gross profit margin decreased to 19.5% from 24.1% due to product mix changes and higher production costs.
Kandal M Venture Limited (NASDAQ: FMFC), a contract manufacturer of luxury leather goods in Cambodia, announced the full exercise of the underwriters' over-allotment option for its IPO. The underwriters purchased an additional 300,000 Class A ordinary shares at $4.00 per share, generating extra gross proceeds of $1.2 million.
The total IPO size has now increased to 2,300,000 Class A ordinary shares with gross proceeds of $9.2 million. The company's shares began trading on the Nasdaq Capital Market on June 25, 2025. Proceeds will fund geographical expansion into European markets, enhance production capacity, establish a new design center, and provide working capital.
Kandal M Venture Limited (Nasdaq: FMFC), a contract manufacturer of luxury leather goods in Cambodia, has successfully completed its Initial Public Offering (IPO) of 2,000,000 Class A ordinary shares at $4.00 per share, raising gross proceeds of $8.0 million.
Trading began on the Nasdaq Capital Market on June 25, 2025, under the symbol "FMFC". The company plans to use the proceeds for expanding into European markets, enhancing production capacity, establishing a new design center, and working capital. The underwriters have a 45-day option to purchase an additional 300,000 shares at the offering price.
Kandal M Venture Limited (Nasdaq: FMFC), a contract manufacturer of luxury leather goods in Cambodia, has announced the pricing of its Initial Public Offering of 2,000,000 Class A ordinary shares at $4.00 per share. Trading is set to begin on June 25, 2025 on the Nasdaq Capital Market.
The company has granted underwriters a 45-day option to purchase up to 300,000 additional shares. The offering is expected to close on June 26, 2025. Proceeds will fund geographical expansion into European markets, enhance production capacity, establish a new design center, and provide working capital.