"This presentation includes an update for July to October 2017, with comparison to the same period in FY17: • Sales revenue of $13.5m, up 30% from $10.4m • Sales volume of 858 tonnes, up 20% from 714 tonnes • Farm gate for large fresh fish of $13.68, up 18% from $11.59 • Cash flow from operations of $1.0m, up $1.4m from ($0.4m)"
The above is from the AGM presentation. My understanding is that the farm gate price takes in to account all processing costs but not overheads and administration. Slide number 40 of the presentation sets out their targeted profit - $2.50 to $3.00 per kg within 2/3 yrs - with targeted production in excess of 3,000 tonne in that period it should be very profitable.
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