Strong year-end festive period drives 62% growth in Q4 sales volumes
Highlights Q4 2024
o Volume sold up 62% to 556 tons (Q4 2023: 343 tons)
o Total revenue increased 44% to EUR7.5 million (Q4 2023: EUR5.2 million)
o Revenue per kg at EUR13.4/kg (Q4 2023: EUR15.2/kg)
o 2001 tons shipped in 2024, up 37% vs. 2023
o Full year 2024 revenue reaching EUR28 million (2023: 22 million)
o Completed private placement of EUR 14 million in January 2025
o Biomass adjustment plan leading to an inventory write down in Q4 2024
o Centralization of hatchery activities in the Netherlands
Kats, Netherlands - February 13, 2025. The Kingfish Company N.V. (the "Company"