Arctic Fish Holding As · OSL:AFISH
Arctic Fish Holding As — Q1 2025 Earnings Presentation
13 slides from Arctic Fish Holding As's earnings presentation, May 14, 2025
Slide 1: Q1 2025 Presentation
Q1 2025 Presentation 14 May 2025
Slide 2: Arctic Fish in brief
Arctic Fish Q1 Presentation 2025 in brief Arctic Fish (AFISH), listed at Euronext Growth market in The company's value chain consists of a state-of-the-art RAS Oslo, is a leading salmon farmer in Iceland with an hatching and smolt production facility, attractive sea sites attractive and sustainable
Slide 3: Highlights Q1 2025
Highlights Q1 Presentation 2025 Q1 2025 Harvested Revenue 24,138 Operational 3.84 Volumes 3,140 (‘000 EUR) 22,056 EBIT HOG Tonnes (pr. kg) 2,531 24% -9% Harvested quantities amounted to 3,140 tonnes compared to 2,531 tonnes for the same period last year, -96% 0.16 which is an increase of 24%. Q1 202
Slide 4: CEO Introduction
CEO Q1 Presentation 2025 Introduction Arctic Fish has appointed Daníel Jakobsson as CEO effective from 1 May, 2025. Daníel has held a managerial position at Arctic Fish since 2021, leading the company’s business development and, during this period, has gained extensive knowledge of the company's ope
Slide 5: Financials
Q1 Presentation 2025 Financials
Slide 6: Profit & Loss
Profit & Q1 Presentation 2025 Loss EUR ‘000) Q1 2025 Q1 2024 2024 Operational revenue and other income 22,056 24,138 80,902 Operational EBIT 517 9,725 15,105 Net fair value adjustment of biomass -13,404 1,391 3,940 License and production fees / taxes -971 -641 -2,704 Revenues amounted to 22.1 MEUR i
Slide 7: Financial Position
Financial Q1 Presentation 2025 Position EUR ‘000) Q1 2025 Q1 2024 2024 At the end of the reporting period, total assets amounted to EUR 227.8 million, a decrease of EUR 22.1 Non-current assets 134,782 139,994 127,379 million from the prior period (Q4’2024). Current assets 93,009 96,392 122,537 Total
Slide 8: Cash flow & Net interest-Bearing Debt
Cash flow & Net Q1 Presentation 2025 interest-Bearing Debt EUR ‘000) Q1 2025 Q1 2024 2024 Capital Expenditures increase the NIBD by EUR 5.9 NIBD beginning of period* -132,650 -114,289 -114,289 million and financial items further increase the NIBD by EUR 2.7 million. Operational EBITDA* 2,737 11,823
Slide 9: Capital Expenditures
Capital Q1 Presentation 2025 Expenditures Capital Expenditures have been focused on three main Expected CAPEX in 2025 is 13 MEUR pillars throughout the value chain. and will be focused on seawater related equipment. Capital expenditure development (MEUR) 43 37 Smolt Production Seawater Operations Pr
Slide 10: Volume Guidance
Volume Q1 Presentation 2025 Guidance Harvested volumes (HOG tonnes) 31% 14.0 14.0 10.7 The guidance for the harvested volume in 2025 has been reduced to 14 thousand tonnes in 2025, which is 31% more than was harvested in 2024. 4.7 4.0 3.1 2.2 2024 2025 E Q1’25 Q2’25 E Q3’25 E Q4’25 E 2025 E
Slide 11: Appendix
Q1 Presentation 2025 Appendix
Slide 12: License Portfolio
Q1 Presentation 2025 License Portfolio Licenses by Fjord The license portfolio for the company is 29,800 tonnes MAB (Maximum Allowed Biomass) and includes licenses covering 10 farming areas in 5 different fjords, Ísaf jarðardjúp all located in the Westfjords of Iceland. Of the 29,800 8,000 tonnes, 2
Slide 13: Q1 2025 Presentation – Thank you
Q1 2025 Presentation Thank you
Arctic Fish Holding AS — Q1 2025 Earnings Presentation on 6ix