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Sea Forest Limited (ASX:SEA)

ALERT: Price-sensitive ASX Announcement for SEA
Current share price for SEA : $2.130 -0.82 (-27.80%)+
Announcement
Release
25 Feb 2026 8:19AM
Price at Release
$2.950
Full Release
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Summary
Sea Forest Limited's Half Year Financial Report for the period ending 31 December 2025 outlines the company's financial performance and strategic developments. The company, which recently listed on the ASX, raised significant funds aimed at enhancing its commercial operations and expanding production capacities. Key advancements include the successful trial of a manufactured SeaFeed™ formulation, which is pivotal for methane reduction in livestock. The report highlights strategic initiatives to exit non-core operations, enhance R&D, and forge partnerships, notably with Woolworths Group and Teys Australia, for broader SeaFeed™ trials in cattle systems. The company has also committed to establishing a regional distribution center in Newcastle. Despite a loss reported for the half-year, Sea Forest Limited remains focused on leveraging its R&D achievements to expand its market opportunities.
Key Points
  • Listed on ASX raising $20.5 million to enhance commercialisation.
  • Strengthened revenue pipeline with SeaFeed™ supplementation arrangements.
  • Exited non-core operations and sold marine assets for $2.1 million.
  • Advanced R&D programs, validating SeaFeed™'s methane-reduction efficacy.
  • Initiated a major trial with Woolworths Group and others for SeaFeed™ in cattle.
  • Plans to establish a regional distribution center in Newcastle by Q4 2026.
  • Reported a loss after income tax of $3,944,254 for the half-year.
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.