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Clean Seas Seafood Limited
(OTC:CSS)
Clean Seas Seafood Limited (CSS) vs. iShares MSCI Australia ETF (EWA)
Clean Seas Seafood Limited Business Overview & Revenue Model
Clean Seas Seafood Limited Financial Statement Overview
| 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 |
| EBITDA | -22.39M | -29.14M | 10.22M | 13.29M | -26.87M | -9.62M |
| Net Income | -40.15M | -33.45M | 6.00M | 8.68M | -32.10M | -14.45M |
Balance Sheet | ||||||
| Total Assets | 49.46M | 86.98M | 109.16M | 99.46M | 102.00M | 106.72M |
| Cash, Cash Equivalents and Short-Term Investments | 842.00K | 4.30M | 6.36M | 12.98M | 30.07M | 22.17M |
| Total Debt | 12.68M | 14.63M | 6.60M | 7.63M | 23.02M | 26.34M |
| 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
Clean Seas Seafood Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$666.64M | 9.96 | 11.56% | 9.76% | -1.58% | 6.26% | |
65 Neutral | $26.82B | 15.15 | -4.27% | 3.17% | 1.02% | 1.89% | |
58 Neutral | AU$17.69M | 9.23 | 15.59% | ― | 65.25% | 766.67% | |
54 Neutral | AU$43.22M | 63.25 | 0.65% | 9.52% | 89.65% | ― | |
51 Neutral | AU$78.47M | ― | 1.33% | ― | -0.71% | 91.71% | |
46 Neutral | AU$114.43M | ― | -2.58% | ― | 12.97% | 74.18% | |
43 Neutral | AU$28.29M | ― | -83.19% | ― | -5.83% | -153.17% |
Clean Seas Seafood Limited Corporate Events
Clean Seas Seafood Limited announced that its shareholders have voted in favor of a Scheme of Arrangement with Yumbah Aquaculture Ltd, which involves Yumbah acquiring all ordinary shares of Clean Seas. The scheme received overwhelming support with 81.55% of shareholders present and voting in favor, and 98.78% of votes cast in favor. The scheme is pending approval from the Federal Court of Australia, with key dates set for its implementation, including the suspension of Clean Seas shares from trading on the ASX and OSE.
The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.18 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 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 Scheme Meeting, held to discuss and vote on this acquisition, will determine the future ownership structure of Clean Seas, potentially impacting its operations and market positioning. Shareholders will receive a cash consideration if the scheme is approved, influencing stakeholder interests and the company’s strategic direction.
The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.18 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 Limited has reported the detection of a harmful algae bloom, karenia mikimotoi, at its Arno Bay hatchery, which has led to increased fish mortalities, particularly among the smallest fingerlings. Despite this, the company has contingency plans in place, including additional broodstock and the ability to adjust future intakes, ensuring no material impact on future harvests or sales. The company maintains its previously provided guidance, indicating stability in its operations despite the environmental challenge.
The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.18 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 Limited has announced a rescheduling of its shareholder meeting to vote on a scheme of arrangement under which Yumbah Aquaculture Ltd will acquire 100% of Clean Seas’ shares. The Federal Court of Australia has approved the distribution of a supplementary scheme booklet to shareholders, providing further details on the acquisition. The Independent Board Committee recommends voting in favor of the scheme, highlighting its alignment with shareholder interests, barring a superior 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 Limited has announced a rescheduled court hearing for its proposed acquisition by Yumbah Aquaculture Ltd. The Federal Court of Australia has approved the distribution of a supplementary scheme booklet and rescheduled the shareholder meeting to vote on the scheme to 8 July 2025. This acquisition, if approved, will result in Yumbah acquiring 100% of Clean Seas’ shares, potentially impacting the company’s operations and market positioning.
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 Limited has announced the quotation of 8,229,532 new ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from June 17, 2025. This move is part of an employee incentive scheme and is expected to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by increasing the company’s operational flexibility and market positioning.
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 Limited has announced a revised proposal from Yumbah Aquaculture Ltd regarding the acquisition of Clean Seas shares through a scheme of arrangement. The new proposal adjusts the ratio of New Yumbah Shares offered for Clean Seas Shares, reflecting Yumbah’s revised internal valuation due to anticipated non-cash impairments. The Clean Seas Independent Board Committee recommends shareholders vote in favor of the scheme, which offers $0.14 cash per share, unless a superior proposal emerges. The scheme meeting has been rescheduled, and shareholders are encouraged to vote, with the option to choose between cash consideration or the scrip alternative.
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 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 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 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 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.