Esquires parent Cooks Coffee has seen its net loss widen to $6.4 million in the year ended March 31.

The group’s revenue rose 19 per cent to $4.7 million while earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at $400,000.

The company’s UK store sales increased 21 per cent to $38.3 million while Irish store sales climbed 11 per cent to $19.9 million.

Total UK and Ireland franchise store sales grew 18 per cent to $58.2 million, with the store count rising to 75 from 64.

Last September, Cooks Coffee placed its Triple Two subsidiary into liquidation due to non-viability after the Covid-19 pandemic.

Meanwhile, Cooks Coffee anticipates improvement moving forward as it named Aiden Keegan as group CEO and appointed two regional developers for the North of England and the Southwest and South Wales to accelerate growth.

“We have an exciting growth pathway clearly defined and have Aiden Keegan appointed to drive the future development of the business,” said Keith Jackson, Cooks Coffee executive chairman.

“Aiden is uniquely qualified for the role having spent 14 years as operations manager of the Irish business and the last almost six years as CEO of Esquires Coffee UK.”

Cooks Coffee targets having 305 stores in the UK and Ireland by fiscal 2034.