Salmon Evolution ASA, together with its subsidiaries, operates as a land-based salmon farming company in Norway. It focuses on the production of salmon meals. The company was founded in 2017 and is headquartered in Elnesvågen, Norway.

Salmon Evolution ASA

Salmon Evolution is a Norwegian land-based salmon farming company focused on extending the ocean's potential by transferring the best preconditions offered by the sea to farm fish on land through its chosen technology, hybrid flow-through system technology (HFS). This secures a truly sustainable production process with controlled and optimal growth conditions and limiting operational and biological risk.The Company's first production facility is under construction at Indre Harøy, strategically located on the Norwegian west coast with unlimited access to fresh seawater, renewable energy, established infrastructure for salmon farming, and an educated and experienced work force. The entire project is designed for an annual capacity of approx. 31,500 tonnes HOG.The Company has also entered into a joint venture with Dongwon Industries where the parties will develop, construct and operate a land-based salmon farming facility in South Korea with an annual production capacity of 16,800 tonnes HOG, using Salmon Evolution's chosen HFS technology.Salmon Evolution ASA is listed on Oslo Børs under the ticker SALME.To learn more, please visit www.salmonevolution.no

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue			12.05M -	46.11M 282.73%	153.32M 232.54%
cost of revenue	181K -	550K 203.87%	908K 65.09%	629K 30.73%	170.49M 27,004.29%
gross profit	-181K -	-550K 203.87%	11.14M 2,125.27%	45.48M 308.28%	-17.16M 137.73%
selling and marketing expenses
general and administrative expenses	5.54M -	6.67M 20.39%	15.26M 128.88%	22.79M 49.35%
selling general and administrative expenses	5.54M -	6.67M 20.39%	15.26M 128.88%	22.79M 49.35%	128.62M 464.44%
research and development expenses
other expenses		704K -		11.74M -	15.10M 28.61%
cost and expenses	11.86M -	17.68M 49.03%	49.89M 182.20%	120.78M 142.10%	284.01M 135.14%
operating expenses	11.86M -	17.68M 49.03%	48.98M 177.07%	120.15M 145.31%	113.52M 5.52%
interest expense	30K -	57K 90%	1.01M 1,666.67%	3.01M 199.11%	31.53M 946.71%
ebitda	-11.06M -	-16.22M 46.67%	-29.72M 83.25%	-49.07M 65.11%	-83.95M 71.08%
operating income	-11.86M -	-17.68M 49.01%	-37.84M 114.08%	-62.93M 66.30%	-130.68M 107.66%
depreciation and amortization	181K -	550K 203.87%	2.23M 305.27%	6.19M 177.66%	46.73M 655.05%
total other income expenses net	593K -	850K 43.34%	4.88M 474.59%	30.20M 518.45%	-7.99M 126.47%
income before tax	-11.27M -	-16.83M 49.31%	-32.96M 95.87%	-32.73M 0.70%	-138.68M 323.75%
income tax expense	623K -	907K 45.59%	-6.51M 818.08%	7.67M 217.78%	7.10M 7.47%
net income	-11.27M -	-16.83M 49.31%	-26.44M 57.16%	-32.73M 23.76%	-145.77M 345.43%
weighted average shs out	219.73M -	126.56M 42.40%	291.29M 130.17%	337.02M 15.70%	391.21M 16.08%
weighted average shs out dil	219.73M -	126.56M 42.40%	291.29M 130.17%	337.02M 15.70%	391.21M 16.08%
eps	-0.05 -	-0.13 153.41%	-0.09 30.15%	-0.10 6.94%	-0.37 281.05%
epsdiluted	-0.05 -	-0.13 153.41%	-0.09 30.15%	-0.10 6.94%	-0.37 281.05%

NO:SALMONEVOLUTION

Salmon Evolution

Last Close

6.54

21/11 15:29

Market Cap

3.23B

Beta: -

Volume Today

466.34K

Avg: -

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