Kurs & Likviditet
Beskrivning
| Land | Australien |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
2022-01-16 23:29:31
[ADELAIDE], 17 JANUARY 2022:
Clean Seas Seafood Limited (ASX: CSS, OSE: CSS), global leader in full cycle
breeding, production and sale of Yellowtail Kingfish, is pleased to provide its
Appendix 4C and Quarterly Activities Report for Q2 FY22.
o Record YTD revenue of A$31.3 million, up 40% on H1 FY21 and 28% ahead of H1
FY20
o Record YTD sales volume of 1,946t, up 35% on H1 FY21 and 38% ahead of H1 FY20
o Record YTD cash receipts of A$32.2 million up 59% on H1 FY21 and 31% ahead of
H1 FY20
o Prices increasing across key categories, with continued growth in revenue per
kg to A$16.06
o Positive operating cash flow in H1 FY22 of A$6.0 million, an increase of A$8.6
million on H1 FY21, and of A$7.7 million on H1 FY20 driven by management's focus
on optimising working capital and expense reduction
o All outstanding Convertible Notes have been redeemed, and Clean Seas has cash
and unused working capital funding of A$26.6 million, plus an additional A$17.9
million of undrawn facilities to fund major capital works
o Stocking of new juvenile fish in the new full life-cycle Fitzgerald Bay
(Whyalla) farm site has been completed. Activating this location has the
potential to increase Clean Seas' total production to 10,000t per annum and
reflects the Company's confidence in the growth potential of Kingfish globally
For further information please contact:
Rob Gratton
CEO
rob.gratton@cleanseas.com.au