Australia's Limoncello Pioneer. Now Taking Over the Spritz World.
Offer closed Ambra Spirits (Limoncello Australia Ltd)
Ambra Spirits (Limoncello Australia Ltd) | Equity Crowdfunding
Offer closed
$1,140,110
Raised703
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Australia's Limoncello Moment Has Arrived
Ambra began with a simple idea — to share a handcrafted limoncello made from a traditional Italian family recipe. What started as a local passion has become one of Australia’s fastest-growing spirits brands, with Ambra now at the heart of the country’s booming spritz culture.
Our home in Thebarton has become more than just a distillery — it’s a vibrant venue where thousands have gathered to celebrate good company, Italian hospitality, and a glass of something special. With every spritz poured, every cocktail shared, and every new customer won over, Ambra is building more than a drinks brand. We’re building a movement.
Now, for the first time in our history, we’re inviting Australians to not just enjoy Ambra, but to own a piece of its future. By joining our raise, you’ll become part of an ambitious next chapter — one that expands our venues, strengthens our digital and direct-to-consumer channels, grows national distribution, and takes Ambra to the world stage.
This is your chance to invest in a brand with deep roots, substantial momentum, and a bold vision: to make limoncello spritz the drink of choice for a new generation.
Want to know more? Listen to the Investor Q&A here or watch our 7News article here
Why Ambra, Why Now
- Explosive Growth in Spritz Culture — Limoncello is the fastest-growing subcategory in the global spritz market. Ambra has already sold over 530,000 Limoncello Spritzes in FY25 and is perfectly positioned to lead this trend.
- 123% Total Business Growth in FY25 vs LY — Ambra more than doubled in size in FY25, with growth across venue, wholesale, and ecommerce channels — all achieved without external capital to date.
- National Distribution Powerhouse — In just 18 months, Ambra has unlocked over 1,200 new stockists, proving strong consumer demand and retailer pull.
- Proven Route to Market — We’ve successfully executed a distributor-led sales model with 28 field sales reps nationwide. With this raise, we’ll build a dedicated Ambra portfolio sales team, managing growth state by state, and accelerating expansion into new territories.
- New Rooftop Venue & Function Space — Our Distillery Bar & Restaurant venue is booked out every Saturday until Feb 2026, and new enquiries coming in daily! The upcoming rooftop bar and pizza oven will increase capacity and revenue potential.
- Game-Changing Digital Activation Incoming — A large-scale national activation will unlock massive brand awareness, distribution, trial, and sales in the lead-up to Summer 2026 — the biggest Limoncello Spritz moment yet.
- High-Impact Export Opportunity — With funding, Ambra will expand into South East Asia, China, and New Zealand, introducing premium Australian limoncello to key growth markets.
- Authentic Heritage, Modern Momentum — Founded in 1998 with a family recipe, Ambra blends rich Italian tradition with modern brand energy — and it’s capturing hearts across Australia.
- Featured on 7 News - 7 News Story on our huge growth in 2025! Watch here
- Featured in the AFR - Cricketer Adam Zampa buys into Ambra to ride limoncello wave. Read here
Australia's Original Limoncello Brand
The overnight success story 27 years in the making!
Ambra Spirits is proudly Australia’s original Limoncello brand, founded in 1998 by Libero De Luca using a traditional Italian family recipe. For over a quarter of a century, we’ve built a loyal following by crafting vibrant, zesty liqueurs that bring people together — with Limoncello at the heart of everything we do.
Today, Ambra is experiencing explosive growth, driven by the global spritz boom and a renewed passion for Italian-inspired drinking culture. From our unique bulb-shaped bottle to our iconic striped label, Ambra is made to stand out — on the shelf, on the back bar, and in the glass.
We operate a thriving distillery bar and function venue in Adelaide, have expanded into 1.2K+ national distribution points, and are rapidly gaining traction in retail, wholesale and ecommerce channels. Our hero product, the Ambra Limoncello Spritz, has become a signature serve at venues across the country — with over 530,000 poured in FY25 alone.
With exciting product innovations, venue expansion, and a national activation rolling out before Summer, Ambra is primed to lead the next chapter of growth for this category — and we’re inviting Australians to come along for the ride, as customers and co-owners.
Limoncello Spritz: Built for the Moment
The global shift toward lighter, refreshing drinks is driving the rapid rise of spritz culture. The broader aperitivo category is expanding at an 18% CAGR—fuelled in part by consumer favouring lower-ABV, flavourful cocktails over heavier spirits.
In Australia, the RTD and light spirits segment is rejuvenating the market, as drinkers prioritize moderation, taste, and sociability.
Spritzes are becoming synonymous with summer, social moments, and experiential drinking. As venues and consumers increasingly embrace casual early-evening serves, Limoncello Spritz is emerging as the standout star thanks to its bright citrus-forward appeal.
The RTD and spritz categories offer strong growth trajectories—even in mature markets—driven by innovation, low-alcohol formats, and social shareability.
Ambra stands at the heart of this transformation, poised to be the defining Australian Limoncello brand. With surging consumer demand, category momentum, and a powerful brand story rooted in authenticity and innovation, the timing has never been better to invest in Ambra as we scale nationally and globally—leading the spritz revolution.
Momentum You Can Taste
FY25 was a breakthrough year for Ambra Spirits. We didn’t just grow — we ignited, breaking into new channels, forging national partnerships, and creating consumer moments that cemented Ambra as a lifestyle brand to watch.
Key Highlights
- National Partnerships: Collaborated with Fever-Tree Australia to launch their Sicilian Lemon Soda, aligning Ambra with one of the world’s top mixer brands.
- Community & Events: Founded the West Thebarton Cocktail Trail, attracting 2,500+ attendees, and delivered a rotating program of Pasta Nights, Bottomless Spritz Lunches, and live entertainment that tripled weekly venue revenue.
- Sustainability: Partnered with Brightstar Brewing to upcycle lemon peels into a Limoncello Berliner Weisse.
- Collaborations: Co-created exclusive products with leading venues including Bank Street Social, Sixes & Sevens, and YOT Club.
- Brand Presence: Activated nationally at premium venues, trade shows, and major festivals including Adelaide Fringe and the Royal Adelaide Show.
- Innovation & Loyalty: Launched the Ambra Club “Spritzscription” monthly packs, deepening consumer engagement.
Recognition
Gold Medal (95 points) at the London Spirits Competition, Best Wine Bar (City of West Torrens), and finalist for Best Drinks List at the Adelaide Dining Magazine Awards.
Ambra is not just building a brand — we’re building a movement.
Leading the Limoncello Revolution
Ambra Spirits isn’t just part of the Limoncello boom — we started it. Since 1998, we’ve been Australia’s original Limoncello brand, with nearly three decades of craft, credibility, and innovation. Today, Ambra is the category leader driving a national movement.
Why Ambra Wins
Heritage + Innovation
While newcomers chase trends, Ambra has built the category. Investors aren’t backing an experiment — they’re backing a proven brand with momentum.
Lifestyle Brand, Not Just a Bottle
From our Adelaide distillery bar to national partnerships and activations, Ambra sells an experience, not just liquid. Consumers don’t just drink Ambra — they live it.
Integrated & Scalable
We distill, package, wholesale, retail, and serve through our own venue — creating stronger margins, agility, and brand consistency. With 1,200+ stockists and strong reorders, our growth model is proven.
Award-Winning & Culturally Relevant
From global Gold medals to being named Best Wine Bar, Ambra has the credentials and community connection that competitors can’t match.
The Right to Win
The aperitivo market is booming. Ambra is the brand that has the essential ingredients of heritage, provenance and proven footprint to own it.
Growth Opportunities
With every dollar raised we will look to develop initiatives that will strengthen Ambra’s market leadership, unlock new revenue streams, and scale our brand nationally and globally.
Key Growth Priorities:
Venue Upgrade – Ambra Distillery Bar & Restaurant
Rooftop expansion and woodfired pizza oven to capture the 1,300+ new homes and the Adelaide Football HQ opening next door.
Dedicated National Sales Team
Building a powerhouse team to drive new territory wins, grow retail distribution, and amplify in-venue activations.
Production Upgrades
Investment in distillery equipment to increase efficiency, capacity, and margins — ensuring we can keep up with rising demand while maintaining quality.
Export Strategy Launch
Establishing Ambra in new international markets, taking Australia’s original Limoncello global.
Game-Changing Digital Activation
A large-scale national campaign rolling out ahead of Summer 2026 — Ambra’s biggest Limoncello moment yet
Product Innovation Pipeline
Perks for Joining the Ambra Fam
At Ambra Spirits, we believe success tastes better when it’s shared. Our investors aren’t just financial backers — they’re part of the famiglia that’s helping us grow, pour by pour.
Whether you invest $300 or $50,000+, every shareholder receives a personalised certificate and a heartfelt welcome into the Ambra community. From there, the perks get sweeter — think VIP access, exclusive product drops, behind-the-scenes experiences, and your place at the table as we lead the Limoncello revolution.
Your support is more than an investment — it’s a ticket into our story, our celebrations, and our future.
The Team
Finn Healey
Managing Director / Co-Owner
Peppe Fusco
Finance Director / Co-Owner
Nando Focareta
Production Director / Co-Owner
Terms of the Offer
Issued Capital
For more detailed information, please read the Capital Structure section of the offer document.
Use of Funds
For more information, please read the Use of Funds section of the offer document.
Company Risks
Limoncello Australia Ltd T/A Ambra Spirits is Australia’s very first commercial Limoncello brand, handcrafted using Libero’s treasured recipe, passed down and refined through generations. As with any growth business, an investment in the Company should be seen as high-risk and speculative. A description of the main risks that may impact their business are listed in the offer document. Investors should read this section carefully before deciding to apply for shares under the Offer. There are also other, more general, risks associated with the Company (for example, capital and cashflow, excise and regulatory cost, demand and competition, key person dependency, supply chain and input costs, or the inability to sell their shares). See the Risk section in the Offer Document for further information.
The Offer is subject to a Maximum Subscription amount of $3,000,000. If the Maximum Subscription is reached, the Offer will close early. Applications will be treated on a time priority basis and may be subject to scale back, so please fund your application as soon as possible.
RISK WARNING: Crowd-sourced funding is risky. Issuers using this facility include new or rapidly growing ventures. Investment in these types of ventures is speculative and carries high risks. You may lose your entire investment, and you should be in a position to bear this risk without undue hardship. Even if the company is successful, the value of your investment and any return on the investment could be reduced if the company issues more shares. Your investment is unlikely to be liquid. This means you are unlikely to be able to sell your shares quickly or at all if you need the money or decide that this investment is not right for you.
Even though you have remedies for misleading statements in the replacement offer document or misconduct by the company, you may have difficulty recovering your money. There are rules for handling your money. However, if your money is handled inappropriately or the person operating this platform becomes insolvent, you may have difficulty recovering your money. Ask questions, read all information given carefully, and seek independent financial advice before committing yourself to any investment.
5 DAY COOLING OFF PERIOD: There is a 5 business day cooling off period for retail investors. During this period, you may withdraw your application and receive a full refund into your nominated refund account. Please note: After the 5 day cooling off period has expired, you will be unable to withdraw your application. More information here.
ONMARKET FEES: Upon successful completion of the Offer, a maximum fee of 6.5% of the funds raised will be paid to OnMarket by the Company.
ONMARKET INTERESTS: OnMarket and its associates may be participating in this offer.
ONMARKET INTERESTS AND AMOUNTS SUBJECT TO COOLING OFF: The funding bar displayed under each crowd funding offer may include applications where payments are yet to be made and amounts that are subject to the cooling off period.
Section 734(6) disclosure: The issuer of the securities is Limoncello Australia Ltd T/A Ambra Spirits ACN 161 887 207. The securities to be issued are fully-paid ordinary shares. The disclosure document for the offer can be obtained by clicking on the link above. The offers of the securities are made in, or accompanied by, a copy of the disclosure document. Investors should consider the disclosure document in deciding whether to acquire the securities. Anyone who wants to acquire the securities will need to complete the application form that will be in or will accompany the disclosure document (which can be done via the electronic application form which will become available by clicking the bid button above)
Media
Video | 7 News Story on our huge growth in 2025! 15 Sep 2025Video | Investor Webinar and Q&A 15 Sep 2025Video | Ticker News - Limoncello spritz surges in Australia 15 Sep 2025Video | 5AA Radio x Leith Forrest x Finn Healey Ambra Spirits Limoncello Boom 15 Sep 2025AFR | Cricketer Adam Zampa buys into Ambra to ride limoncello wave 29 Sep 2025Business News | Cricketer Adam Zampa invests in limoncello brand as Ambra crowdfunds $700k 29 Sep 2025Discover investment opportunities here.
Question time
We'd love to answer your questions, we'll have one of the OnMarket team or the company representative of the offer get back to you asap. So ask away ...
How do I invest on this, it doesn't have the usual invest sign and im signed for early access, am I to wait to 2 days?
Dylan L (OnMarket member) on 16/09/2025You should be able to invest now as an EOI registrant by following the "Invest Now" link on the landing page.....
Mark H (Ambra Spirits (Limoncello Australia Ltd) representative) replied to Dylan L on 16/09/2025Your offer document shows negative operating cash flow. At what point do you expect the business to turn cash flow positive, and what milestones will get you there?
Eduardo F (OnMarket member) on 18/09/2025Hi Eduardo, Thanks for your question.
NANDO F (Ambra Spirits (Limoncello Australia Ltd) representative) replied to Eduardo F on 19/09/2025Limoncello Australia Ltd had negative cashflow due to growing rapidly, and we will continue to grow and be the leader for Limoncello. Unfortunately, crowd funding regulations apply that we are unable to provide budgets/forecasts/cashflow projections
Hi
Anthony C (OnMarket member) on 24/09/2025After investing in Ambra, how are we kept informed of how our investment is performing?
Are we periodically provided with reports periodically?
And, if we want to sell our shares at some stage, how do we arrange this?
Anthony
Hi Anthony, thanks for your question. Section 6.1 and Section 6.2 of the Offer Document deal with shareholder rights, investor disposals and reporting. Generally, the company is required to hold an Annual General Meeting of Shareholders and to produce financial statements annually. In addition, the company is committed to keeping shareholders informed and you can expect to receive quarterly updates on their progress. As an unlisted company, there are restrictions on sale as outlined in Section 6.1.6.
Carla L (OnMarket staff) replied to Anthony C on 25/09/2025Ive already invested and really like the brand. The concept is strong, and the team behind the project appears highly motivated and genuinely committed to what theyre building.
Greg L (OnMarket member) on 26/09/2025I understand that the current focus is on growth and expansion, which makes sense at this stage. However, Im curious to know whether there are any long-term plans to pay dividends to shareholders. Is there a point at which the directors foresee being satisfied with the level of growth and begin distributing a portion of the profits back to investors, rather than continuing to reinvest everything into further expansion?
Hi Greg,
NANDO F (Ambra Spirits (Limoncello Australia Ltd) representative) replied to Greg L on 28/09/2025Thanks for your investment into Ambra and welcome to the Ambra Famiglia.
Thanks for your question unfortunately due to crowd funding regulations and rules we are unable to provide budgets/forecasts/cashflow projections
Hi - are there dividends paid out to shareholders with this investment -or is this just a donatiion and no return on investment
Catherine K (OnMarket member) on 29/09/2025HI Catherine,
Mark H (Ambra Spirits (Limoncello Australia Ltd) representative) replied to Catherine K on 30/09/2025This is an offer for the purchase of ordinary shares in the company to become a shareholder, it is not a donation. Dividend prospects and other shareholder rights are considered in Section 6.1 of the Offer Document, in the investor webinar posted on the Intermediary's platform, and in the Q&A.
Who owns the venue at Thebarton given the intention to spend a significant amount of the funds raised on leasehold improvements?
Alexander F (OnMarket member) on 30/09/2025Hi Alexander
Finn H (Ambra Spirits (Limoncello Australia Ltd) representative) replied to Alexander F on 30/09/2025Limoncello Australia LTD do not own the building; there have been discussions with the landlord about the leasehold improvements and lease incentives to offset costs incurred.
How did you get to the $21.4m pre-money valuation and what is the basis for this? Has there been any sensitivities on this? Based on current performance, that's a 6.6x EV/Revenue on FY25 numbers which is very high.
Wade R (OnMarket member) on 02/10/2025Hi Wade,
NANDO F (Ambra Spirits (Limoncello Australia Ltd) representative) replied to Wade R on 02/10/2025Thanks for the question.
We sought the advice of the Crowd Funding industry and the multiplier being used is between 6.5 (low benchmark) and 6.8 (high benchmark) of gross revenue, excluding excise rebate for our industry. Considering where Limoncello Australia Ltd is at this point, it was decided to use 6.8 as the multiplier. The Offer Document explains all the reasons why our industry, specifically Limoncello, the high multiplier was used.
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