MURRAY COD AUSTRALIA LIMITED MURRAY CODAUSTRALIA
LIMITED
ASX code: MCA
2022 Annual Results Summary
DISCLAIMER
This presentation has been prepared by Murray Cod Australia Limited (the "Company"). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this presentation, or any information provided in connection with it, as a financial advice, financial product advice, or advice relating to legal, taxation or investment matters.
No representation or warranty (whether express or implied) is made by the Company or any of its officers, advisers, agents or employees as to the accuracy, completeness or reasonableness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation. This presentation is provided expressly on the basis that you will carry out your own independent inquiries into the matters contained in the presentation and make your own independent decisions about the affairs, financial position or prospects of the Company. The Company reserves the right to update, amend or supplement the information at any time in its absolute discretion (within incurring any obligation to do so). Neither the Company, nor its related bodies corporate, officers, their advisers, agents and employees accept any responsibility or liability to you or to any other person or entity arising out of this presentation including pursuant to the general law (whether for negligence, under statute or otherwise), or under the Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Competition and Consumer Act 2010 or any corresponding provision of any Australian state or territory legislation (or the law of any similar legislation in any other jurisdiction), or similar provision under any applicable law. Any such responsibility or liability is, to the maximum extent permitted by law, expressly disclaimed and excluded. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. It does not include all available information and should not be used in isolation as a basis to invest in the Company.
Future matter | This presentation contains reference to certain intentions, expectations, future plans, strategy, revenue forecasts and prospects of the Company. Those intentions, expectations, future plans, strategy, revenue forecasts and prospects may or may not be achieved and may be forward looking statements. They are baaed on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the Company's actual future results, performance or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategy, revenue forecasts and prospects. The company does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended.
All figures included in this presentation are in AUD$ unless otherwise stated.
KEY POINTS
- Strong sales growth
- $76m balance sheet with $27m in cash
- Price increase from $20 to $24 whole round fish
- Demand Exceeding Supply
- Expect limited growth in sales in FY 2023
- Growth trajectory of 10,000 Tonnes still on track
- Innovation saving capital - trial of "free range fish", out of season spawning, juvenile production change
3 aquna.com
GROWTH TRAJECTORY
- The company's growth trajectory of 10,000 tonnes by 2027 is still on track
- Earthworks on 6 of the planned 16 ponds are complete. We expect to commission all 16 ponds this calendar year
- Currently planning major expansion in 2024
NUMBER OF PONDS PER CALENDAR YER
INCLUDING THE 16 PONDS BEING BUILT IN 2022
+2,400% | |||||
50 | |||||
+47% | |||||
34 | |||||
26 | |||||
20 | |||||
12 | |||||
2 | |||||
2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
4 aquna.com
TOTAL REVENUE | ||||||
Including Biological Stock | ||||||
FINANCIAL OVERVIEW | $22.21m | |||||
• | Strong Revenue growth | |||||
$2.49m Provision for | ||||||
• | Strong balance sheet | Biological Inventory | ||||
$19.72m | ||||||
Net assets $76.4M | ||||||
$27m Cash | $14.26m | |||||
Land & buildings and water assets $26.9M | ||||||
• 525 tonnes of fish harvested 2022 FY | $8.48m | |||||
• Net operating cash used: | $6.45m | |||||
1st half to Dec 2021 $4.7M | $4.48m | |||||
2nd half to June 2022 $807K | ||||||
$1.82m | ||||||
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
5 aquna.com |
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Murray Cod Australia Limited published this content on 31 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2022 06:09:06 UTC.
