Tassal estimates an EBITDA of 6.12$ per kg of prawn.
They sold 453t of prawn in 2019 from the acquisitions => That's 2.8m$ EBITDA for 2019
Forecasts for subsequent years :
2020 => 2400t => 14.7m$ EBITDA
2021 => 4000t => 25m$ EBITDA
2022 => 6000t => 38m$ EBITDA
Long term => 20000t => 122m$ EBITDA
They have stated that they expect about 85m$ of spending to mostly fund the 6000t stage of the operation.
Future expansions are expected to be funded by operating cashflow as the prawn farming market is capital intensive but low maintenance.
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Tassal estimates an EBITDA of 6.12$ per kg of prawn.They sold...
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