Ecoya, says it's on track to makes sales of more than $20 million in the current financial year.
That would represent growth of 42% on last year's revenue of $14.3 million, and would be driven by last year's acquisition of Trilogy Natural Products.
The luxury scented candle and fragrance company told shareholders it had already made $6 million in sales in what it considers a quiet time of year
Ecoya says beyond this year, the company can invest in growth, while delivering a modest profit.
Shares in Ecoya fell 4 cents to 92c on Monday.