Cashflow from operations in 2018 FY was negative, a touch over $6m. Although from memory they were stockpiling feed for further growth in fish stocks hence expenses were for more fish than they actually were selling.
Looking at previous years and taking into account expansion of fish stocks it would appear that if they were to stabilise their fish stocks with expenses to match that quantity of fish then I would expect them to be cashflow positive and with noncash expenses such as depreciation, etc for them to be marginally profitable at the projected sales volume for 2019FY.
This is just my view, dyor.
CSS Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)