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    KING ME   NL00150001S5

THE KINGFISH COMPANY N.V.

(KING ME)
  Report
Real-time Quote. Real-time Oslo Bors - 09/20 05:47:51 am
23.7 NOK   -1.66%
09/01KINGFISH N : The Kingfish Company - Interim H1 Report 2021
AQ
08/18KINGFISH N : Financial calendar
AQ
07/07KINGFISH N : The Kingfish Company - Business update Q2'21
AQ
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

The Kingfish Company N.V. : - Kingfish Maine Secures Critical Permit

06/28/2021 | 02:00am EDT
The Kingfish Company N.V.'s US subsidiary, Kingfish Maine Inc., has secured its
final critical water-side permit. 

The Maine Department of Environmental Protection (MDEP) has approved the Maine
Pollutant Discharge Elimination System (MEPDES) Permit for  Kingfish Maine
thereby paving the way to build a proprietary land-based aquaculture facility in
Jonesport, Maine USA. The MEPDES permit is the second of two critical water-side
permits required to build and operate its facility. The company has already
obtained the first critical permit, a submerged land lease, during 2020.

Kingfish Maine is wholly owned by The Kingfish Company, which currently operates
land-based recirculating aquaculture systems (RAS) in the Netherlands. Kingfish
Maine will utilize the same advanced technology solutions used in the
Netherlands to minimize impacts of effluent. The just approved MEPDES permit
evaluates the facility's discharge to ensure that Kingfish Maine will maintain
the water quality of the area based on the location of the discharge point and
the make-up of the effluent water.

Kingfish Maine's recirculating aquaculture system (RAS) facility is projected to
produce 6,000 - 8,000 metric tons of Yellowtail annually upon completion. 

Media and investor inquiries, please contact:
press@the-kingfish-company.com
ir@the-kingfish-company.com

Company News feed:
https://www.the-kingfish-company.com/news


About The Kingfish CompanyThe Kingfish Company is a pioneer and leader in sustainable land-based
aquaculture. Current annual production capacity at its Kingfish Zeeland facility
in the Netherlands is 1,250 tons of high quality and high value Yellowtail
Kingfish.

Expansion is underway and capacity in the Netherlands will reach 3,000 tons in
the second half of 2022. In the US, permitting for the company's 6,000 - 8,000
tons capacity facility is progressing as planned, with production start
scheduled for second half of 2023.

Production is based on advanced recirculating aquaculture systems (RAS), which
protect biodiversity and ensure bio security. Animal welfare is paramount, and
the fish is grown without use of antibiotics and vaccines. Operations run on 100
percent renewable energy, sourced from wind, solar and biogas. The company's
facilities operate on sea water, avoiding wasting of precious fresh water.

The Kingfish Company's main product at present, the Yellowtail Kingfish (also
known as Ricciola/Hiramasa/Greater Amberjack) is a highly versatile premium fish
species, well known in the Italian and Asian fusion cuisines.

Its products are certified and approved as sustainable and environmentally
friendly by Aquaculture Stewardship Council (ASC), Best Aquaculture
Practices(BAP) and British Retail Consortium (BRC). It was the winner of the
2019 Seafood Excellence Award, and it is recommended as green choice by Good
Fish Foundation.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

All news about THE KINGFISH COMPANY N.V.
09/01KINGFISH N : The Kingfish Company - Interim H1 Report 2021
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08/18KINGFISH N : Financial calendar
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07/07KINGFISH N : The Kingfish Company - Business update Q2'21
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07/07The Kingfish Company N.V. Announces Revenue Results for the Second Quarter of..
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07/05KINGFISH N : The Kingfish Company appoints Vice President of Sales, US
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07/05The Kingfish Company Hires Lauren Enz as Vice President of Sales, US
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06/29KINGFISH N : The Kingfish Company to host business update on 07/07/2021
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06/28Kingfish Unit Wins Final Permit For Land-Based Aquaculture Facility In US
MT
06/28THE KINGFISH COMPANY N.V. : - Kingfish Maine Secures Critical Permit
AQ
More news
Financials
Sales 2021 8,74 M 10,2 M 10,2 M
Net income 2021 -7,28 M -8,53 M -8,53 M
Net Debt 2021 29,0 M 33,9 M 33,9 M
P/E ratio 2021 -22,0x
Yield 2021 -
Capitalization 160 M 188 M 187 M
EV / Sales 2021 21,6x
EV / Sales 2022 16,0x
Nbr of Employees 93
Free-Float 35,8%
Chart THE KINGFISH COMPANY N.V.
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The Kingfish Company N.V. Technical Analysis Chart | KING ME | NL00150001S5 | MarketScreener
Technical analysis trends THE KINGFISH COMPANY N.V.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 1
Last Close Price 2,36 €
Average target price 3,32 €
Spread / Average Target 40,7%
EPS Revisions
Managers and Directors
Ohad Maiman Chief Executive Officer
Christo du Plessis Chief Financial Officer
Johannes Cornelius A den Bieman Chairman
Kees Kloet Chief Operating Officer
Janneke van der Linde Head-Sales & Marketing
Sector and Competitors