Clean Seas Seafood (ASX:CSS) Full Year 2024 Results

Key Financial Results

• Revenue: AU$69.5m (flat on FY 2023).

• Net loss: AU$33.5m (down from AU$6.00m profit in FY 2023).

• AU$0.18 loss per share (down from AU$0.036 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Clean Seas Seafood EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%.

Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Food industry in Australia.

Performance of the Australian Food industry.

The company's shares are down 2.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Clean Seas Seafood that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.