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Murray Cod Australia Limited (ASX:MCA)

ALERT: Price-sensitive ASX Announcement for MCA
Current share price for MCA : $0.150 0.005 (3.45%)+
Announcement
Release
31 Jul 2026 8:30AM
Price at Release
$0.145
Full Release
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Summary
Murray Cod Australia Ltd (ASX:MCA) reported substantial growth in their Q4 FY26 activities, with significant increases in sales volumes and customer receipts. Noteworthy expansions in retail presence with Coles and Woolworths were achieved, enhancing market reach. A strategic cost-reduction program reduced the workforce, leading to major savings. Financially, the company improved its net operating cash flow and secured substantial funding through a successful entitlement offer. Operational efficiencies were boosted by drone-based feeding trials and transitioning to grid electricity, contributing to the company’s robust financial and operational position as it enters FY27.
Key Points
  • Murray Cod Australia Ltd reported a 53% increase in FY26 sales volumes, reaching 558.4 tonnes.
  • Customer receipts increased by 17.9% to $13.38 million in FY26.
  • Retail presence expanded with new ranging in Coles and Woolworths for the RIVERLI product line.
  • Q4 FY26 sales volumes were 147.5 tonnes, slightly less than Q3 FY26, but 43.8% higher year-on-year.
  • Company-wide cost-reduction program reduced workforce from 99 to 78 employees, saving over $1 million annually.
  • Ended the quarter with $4.1 million in cash and a total available funding of approximately $20.65 million.
  • Net operating cash outflow improved by 26% to $6.45 million.
  • A successful entitlement offer raised approximately $18.6 million pre-costs.
  • Biomass levels reached 3,784 tonnes, with a 35% increase in harvest volumes in Q4 FY26.
  • Drone-based feeding trials and transition to grid electricity at Stanbridge site delivered cost savings.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.