Sea Forest Delivers Strong Revenue Growth and Expands Commercial Footprint
Sea Forest Limited (ASX: SEA) delivered a strong finish to FY2026, supported by accelerating commercial adoption of its SeaFeed™ methane-reducing feed supplement, expanding customer agreements and improving operating cash flow. Quarterly revenue receipts increased 83% from the previous quarter to AU$2.1 million, reflecting stronger customer demand, while cattle under agreement grew 11% to 131,000 head. The Company generated positive net operating cash inflows of AU$0.7 million, including a AU$1.9 million Research and Development tax incentive refund, and strengthened its financial position with a quarter-end cash balance of AU$12.6 million and total liquidity of AU$27.6 million. Operationally, Sea Forest commenced commissioning of its first regional mixing and distribution centre in Newcastle, signed new commercial agreements with Avondale Ag and New Agriculture, and launched commercial-scale aquaculture trials with Mainstream Aquaculture. Looking ahead, the Company remains focused on expanding production capacity, advancing regulatory approvals, broadening international customer adoption and establishing carbon credit revenue streams through its registered Verra carbon project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Sea Forest Delivers Strong Revenue Growth and Expands Commercial Footprint
Sea Forest Limited (ASX: SEA) delivered a strong finish to FY2026, supported by accelerating commercial adoption of its SeaFeed™ methane-reducing feed supplement, expanding customer agreements and improving operating cash flow. Quarterly revenue receipts increased 83% from the previous quarter to AU$2.1 million, reflecting stronger customer demand, while cattle under agreement grew 11% to 131,000 head. The Company generated positive net operating cash inflows of AU$0.7 million, including a AU$1.9 million Research and Development tax incentive refund, and strengthened its financial position with a quarter-end cash balance of AU$12.6 million and total liquidity of AU$27.6 million. Operationally, Sea Forest commenced commissioning of its first regional mixing and distribution centre in Newcastle, signed new commercial agreements with Avondale Ag and New Agriculture, and launched commercial-scale aquaculture trials with Mainstream Aquaculture. Looking ahead, the Company remains focused on expanding production capacity, advancing regulatory approvals, broadening international customer adoption and establishing carbon credit revenue streams through its registered Verra carbon project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au