Clean Seas Seafood Limited (CSS) AI Stock Analysis

• Market Cap: $27.18M
• Dividend Yield: N/A
• Average Volume (3M): 74.57K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.05
• Revenue Growth: -5.83%
• EPS Growth: -153.17%
• Country: AU
• Employees: 93
• Sector: Consumer Defensive
• Sector Strength: 72
• Industry: Agricultural Farm Products
• EPS (TTM): -0.20
• Shares Outstanding: 201,313,280
• 10 Day Avg. Volume: 139,659
• 30 Day Avg. Volume: 74,574
• PEG Ratio: 0.06
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 134.85
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: AU$0.00 ▼( -100.00% Downside)

The overall stock score of 44 reflects significant financial challenges, including ongoing losses and weak profitability, as the most impactful factor. Technical analysis shows neutral market momentum, providing some stability. However, negative valuation metrics further weigh down the score, indicating a need for substantial financial and strategic improvements.

Clean Seas Seafood Limited Business Overview & Revenue Model

Company Description

Clean Seas Seafood Limited (CSS) is a prominent aquaculture company specializing in the sustainable production and distribution of premium seafood, with a particular focus on Australian Yellowtail Kingfish. The company operates within the seafood industry, providing high-quality fish products to various markets including retail, foodservice, and wholesale sectors. CSS is committed to sustainable practices and innovation, ensuring the health and quality of its seafood offerings.

How the Company Makes Money

Clean Seas Seafood Limited generates revenue primarily through the sale of its premium seafood products, particularly Australian Yellowtail Kingfish. The company engages in both domestic and international markets, supplying to retailers, restaurants, and wholesalers. CSS leverages its strong distribution network and sustainable aquaculture practices to attract and maintain a loyal customer base. Significant partnerships with distributors and retailers enhance its market reach and contribute to its earnings. The company's focus on quality and sustainability further distinguishes its products, allowing CSS to command premium pricing in the marketplace.

Clean Seas Seafood Limited Financial Statement Overview

Summary

Clean Seas Seafood Limited faces significant financial challenges with sustained losses and negative margins. While revenue has grown, profitability remains elusive. The balance sheet shows moderate leverage but declining equity. Cash flow issues further compound the company's financial difficulties, highlighting the need for strategic improvements to achieve financial stability.

Income Statement

Clean Seas Seafood Limited has been struggling with profitability, as evidenced by negative gross profit and net income margins over recent years. Revenue has shown some growth, but the inability to convert sales into profit remains a concern, particularly with negative EBIT and EBITDA margins.

Balance Sheet

The company's balance sheet reveals moderate leverage with a manageable debt-to-equity ratio. However, declining equity over time is concerning. While total assets have been relatively stable, the decrease in stockholders' equity poses a risk to financial stability.

Cash Flow

Cash flow analysis shows negative free cash flow growth, with operating cash flow consistently underperforming relative to net income. Although there is some cash flow from financing activities, the company's reliance on external funding is notable.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
65.23M	68.80M	69.41M	66.16M	48.46M	40.31M
	Gross Profit
-1.95M	-10.37M	-13.60M	-6.85M	-20.28M	-28.00M
	EBIT
-16.82M	-25.57M	-16.39M	-10.36M	-23.70M	-32.15M
	EBITDA
-22.39M	-29.14M	10.22M	13.29M	-26.87M	-9.62M
	Net Income Common Stockholders
-40.15M	-33.45M	6.00M	8.68M	-32.10M	-14.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
842.00K	4.30M	6.36M	12.98M	30.07M	22.17M
	Total Assets
49.46M	86.98M	109.16M	99.46M	102.00M	106.72M
	Total Debt
12.68M	14.63M	6.60M	7.63M	23.02M	26.34M
	Net Debt
11.84M	10.33M	241.00K	-5.36M	-7.06M	4.17M
	Total Liabilities
20.12M	25.00M	22.11M	18.72M	33.47M	34.26M
	Stockholders Equity
29.34M	61.98M	87.05M	80.74M	68.53M	72.46M
Cash Flow		Free Cash Flow
209.00K	-15.89M	-3.77M	-1.32M	-14.38M	-3.05M
	Operating Cash Flow
5.15M	-9.46M	1.23M	5.46M	-11.05M	-627.00K
	Investing Cash Flow
-4.83M	-6.33M	-4.89M	-5.75M	-3.33M	-2.42M
	Financing Cash Flow
-6.07M	13.73M	-2.97M	-16.80M	22.29M	31.49M

Clean Seas Seafood Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CSS, the sentiment is Neutral. The current price of 0.14 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.13, and below the 200-day MA of 0.15, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.77 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CSS.

Clean Seas Seafood Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ING	76 Outperform	AU$1.41B	15.76	38.76%	5.36%	1.77%	-15.93%
Sector *	64 Neutral	$8.78B	14.55	4.78%	173.91%	3.39%	2.17%
AAC	51 Neutral	$891.71M	25.13	-0.01%	―	15.11%	―
CSS	44 Neutral	$27.18M	―	-83.19%	―	-5.83%	-153.17%

Clean Seas Seafood Limited Corporate Events

Clean Seas Seafood to be Acquired by Yumbah Aquaculture

Clean Seas Seafood Limited has entered into a Scheme Implementation Deed with Yumbah Aquaculture Ltd, under which Yumbah will acquire 100% of Clean Seas’ shares through a scheme of arrangement. The Independent Board Committee of Clean Seas recommends shareholders vote in favor of the scheme, provided no superior proposal emerges and the Independent Expert maintains that the scheme is in the best interests of shareholders. A Scheme Meeting is scheduled for June 23, 2025, where shareholders will vote on the proposal.

The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Clean Seas Seafood Limited stock, see the AU:CSS Stock Forecast page.

Clean Seas Seafood Announces Acquisition by Yumbah Aquaculture

Clean Seas Seafood Limited has announced that the Federal Court of Australia has approved a Scheme Implementation Deed with Yumbah Aquaculture Ltd, under which Yumbah will acquire 100% of Clean Seas’ shares. The Scheme Booklet, which includes an Independent Expert’s Report, has been registered with the Australian Securities and Investments Commission and will be distributed to shareholders. Shareholders will receive either cash or a scrip alternative in Yumbah shares, depending on their eligibility and election. The Independent Board Committee recommends voting in favor of the Scheme, highlighting its potential benefits for shareholders.

The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Clean Seas Seafood Limited stock, see the AU:CSS Stock Forecast page.

Clean Seas Seafood Announces Shareholder Meeting for Yumbah Acquisition Approval

Clean Seas Seafood Limited has announced a significant development regarding its acquisition by Yumbah Aquaculture Ltd. The Federal Court of Australia has ordered a meeting for Clean Seas shareholders to vote on the proposed scheme of arrangement, where Yumbah will acquire all shares of Clean Seas. The outcome of this meeting, scheduled for June 23, 2025, will determine if the court will approve the scheme in a subsequent hearing. This acquisition could potentially impact Clean Seas’ operations and market positioning, aligning it with Yumbah’s strategic objectives.

The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Clean Seas Seafood Limited stock, see the AU:CSS Stock Forecast page.

Clean Seas Seafood Moves Forward with Acquisition by Yumbah Aquaculture

Clean Seas Seafood Limited has announced that the Federal Court of Australia has approved the convening of a shareholder meeting to vote on a scheme of arrangement, under which Yumbah Aquaculture Ltd will acquire 100% of Clean Seas’ shares. This development is a significant step in the acquisition process, potentially impacting Clean Seas’ operations and market positioning, as shareholders are encouraged to review the Scheme Booklet and participate in the upcoming vote.

The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Clean Seas Seafood Limited stock, see the AU:CSS Stock Forecast page.

Murray John Gilbert Becomes Substantial Holder in Clean Seas Seafood Limited

Clean Seas Seafood Limited has announced that Mr. Murray John Gilbert has become a substantial holder in the company as of March 31, 2025. This development indicates a significant acquisition of voting power, with Mr. Gilbert holding over 10 million ordinary fully paid securities, representing a 5.06% voting power in the company.

Clean Seas Partners with Yumbah in Strategic Scheme Implementation

Clean Seas Seafood Limited has entered into a Scheme Implementation Deed with Yumbah Aquaculture Ltd, marking a significant development in its operational strategy. This agreement could enhance Clean Seas’ industry positioning and potentially impact stakeholders by expanding its market reach and operational capabilities.

Clean Seas Extends Exclusivity Period with Yumbah for Acquisition Talks

Clean Seas Seafood Limited has extended the exclusivity period for Yumbah Aquaculture Ltd to conduct due diligence and negotiate a binding Scheme Implementation Deed for a proposed acquisition. This extension, lasting until March 31, 2025, allows further discussions but does not guarantee a change of control or offer for shareholders. The Independent Board Committee will keep stakeholders informed of any developments.