FIFAX

FIFAX

Delivering better fish for the world. Sustainably produced rainbow salmon of the highest quality. Learn more

Launch date
Employees
Market cap
AUD34.1m
Enterprise valuation
AUD40m (Public information from Sep 2024)
Eckerö Ålands Countryside (HQ & founding location)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues1.2m1.0m1.2m-1.3m-19.2m
% growth77 %(19 %)15 %----
EBITDA(6.1m)(8.8m)(8.4m)(5.2m)(4.2m)3.0m3.8m
% EBITDA margin(494 %)(873 %)(726 %)-(323 %)-20 %
Profit(8.4m)(13.7m)(8.0m)(7.2m)(6.7m)<1m1.4m
% profit margin(676 %)(1363 %)(691 %)-(515 %)-7 %
EV / revenue-29.9x11.1x-19.0x-0.9x
EV / EBITDA--3.4x-1.5x-2.7x-5.9x8.3x4.7x

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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€12.0m

Early VC
N/A

N/A

Valuation: €76.0m

61.2x EV/LTM Revenues

-12.4x EV/LTM EBITDA

IPO
*
N/A

N/A

Private Placement VC
Total FundingAUD20.4m

Recent News about FIFAX

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More about FIFAXinfo icon
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Fifax operates in the aquaculture industry, specializing in land-based fish farming using Recirculating Aquaculture Systems (RAS). This technology allows for sustainable and efficient fish farming by recycling water and minimizing environmental impact. The company primarily serves markets that demand high-quality, fresh seafood, including retailers, wholesalers, and restaurants. Fifax's business model revolves around the production and sale of farmed fish, generating revenue through the direct sale of their products to various clients. The company aims to meet the growing demand for sustainable seafood while ensuring the highest standards of fish health and quality.

Keywords: aquaculture, land-based, RAS, sustainable, seafood, fish farming, water recycling, environmental impact, fresh fish, high-quality.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.