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Kingfish Zeeland BV ( (DE:93G) ) has provided an update.
Kingfish reported Q4 2025 revenue of €8.5 million, up 14% year-on-year, with volumes sold rising 12% to 621 tonnes and revenue per kilogram improving, while production normalised and biomass increased as the company continued shifting towards larger fish in line with its medium-term strategy. Growth moderated versus earlier in the year due to the planned discontinuation of fresh fish sales in the US and competitive European market conditions, and the company now expects to breach its year-end 2025 EBITDA covenant and no longer anticipates being cash-flow positive from operations in 2026, prompting it to enter discussions with key stakeholders over its capital structure and potential new equity issuance to secure funding for ramp-up to full farm capacity and maintain covenant compliance.
More about Kingfish Zeeland BV
The Kingfish Company is a Netherlands-based pioneer in sustainable land-based aquaculture, specialising in high-quality yellowtail kingfish produced at its Kingfish Zeeland facility using advanced recirculating aquaculture systems. Operating on 100% renewable electricity and seawater to conserve freshwater, the company focuses on premium markets, particularly Italian and Asian-fusion cuisines, with products certified as sustainable and environmentally responsible by multiple international standards bodies. It also holds all necessary permits to expand operations in the United States.
Average Trading Volume: 26,083
Current Market Cap: NOK642.1M
See more data about 93G stock on TipRanks’ Stock Analysis page.