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Sea Forest Limited (ASX:SEA)

ALERT: Price-sensitive ASX Announcement for SEA
Current share price for SEA : $1.540 -0.6 (-28.04%)+
Announcement
Release
29 Jul 2026 8:40AM
Price at Release
$2.140
Full Release
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Summary
Sea Forest Limited's 4Q26 Update highlights significant financial and operational progress as the company closes out FY26. They reported an 83% increase in revenue receipts during 4Q26, totaling $2.1 million, alongside positive operating cash flows. New customer agreements were established with Avondale Ag and New Agriculture, expanding Sea Forest's reach in the cattle market. The commissioning of a new distribution center in Newcastle, NSW is set to enhance supply chain efficiency. Sea Forest is also advancing trials with Mainstream Aquaculture to explore the benefits of Asparagopsis in aquaculture. As part of their future outlook, Sea Forest is focusing on strengthening production capabilities and exploring carbon trading opportunities, projected to become a new revenue stream by 2Q27.
Key Points
  • Revenue receipts up 83% in 4Q26 to $2.1 million.
  • New customer agreements with Avondale Ag and New Agriculture.
  • Commissioning of Newcastle distribution center to enhance supply chain.
  • Positive net cash inflows of $0.7 million for 4Q26.
  • Ongoing aquaculture trials with Mainstream Aquaculture.
  • Future carbon trading opportunities expected from 2Q27.
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.