Ecoya's shares were listed for $1 in May last year, raising $10.1 million at the time.
Yesterday, its share price gained about 4% and moved up to 75c, following the announcement.
Ecoya is a home fragrance and body care company purchased and floated last year by Geoff Ross, who founded and later sold the successful vodka company 42 Below for $138 million.
Mr Ross said for Ecoya's forthcoming financial year, beginning in April, he expected sales should exceed $20 million, the group would be in profit and based on present forecasts "does not expect to have a requirement for further capital raising".
"While I am aware that various members of the retail sector are experiencing tough trading conditions, Ecoya continues to grow, both in same-store sales and in gaining positions within new stores," Mr Ross said in a statement.
Craigs Investment Partners broker Peter McIntyre said the "over-delivery on guidance was a surprise" and the "good result", was underpinned by the contribution following the $20 million purchase of skin care manufacturer Trilogy Natural Products in September last year, in a fifty-fifty cash and scrip deal.
Mr McIntyre noted Ecoya had good distribution avenues, had secured several accounts prompting growth and also recently won a body care "best product" award, at the annual New York Gift Fair.
Ecoya's prospectus forecast revenue of $7.9 million and a loss of $5.2 million for its first full year to March, but Mr Ross forecast yesterday revenue for the maiden year would instead be around $13.8 million and the loss would be about $4 million.
The $4 million loss included listing expenses of $500,000 and Trilogy acquisition expenses of $170,000, but is before a $400,000 non-cash accounting charge.
Mr Ross said in the United States Ecoya had moved from being in eight Bloomingdales department stores to 20 and it had secured accounts including Four Seasons Hotels and Hollywood fashion store Fred Segal.
Australia is the company's largest market and sales are building in larger chains, such as David Jones, and also in the smaller premium gift stores.
In New Zealand, the full Ecoya range is now stocked by all Redcurrent gift stores.
Mr Ross said a contributor to the improved result had been the integration of Trilogy into the Ecoya business, helping accelerate the company's revenue growth and the move towards profit - noting both Trilogy and Ecoya as business units were in growth.
The Trilogy brand was growing in European markets, including the UK and Ireland, while Ecoya was building a "beachhead" in the US and several cities in Asia, Mr Ross said.
Ecoya's audited result is to be released in May.
