Q2 2022 Ice Fish Farm AS Earnings Call Transcript
° -
Welcome to our Q2 and second-half presentation. My name is Guðmundur GÃslason, CEO of Ice Fish Farm, and with me here today is our CFO, Róbert Róbertsson. We have had busy months to prepare and are sorry for the delay. But the merger and challenging situation due to ISA is the cause. We will go over the progress of the merger, financing, and production.
To start with, I would like to go through our capability to build up stable production. We have with the merger now 100% control of the region. This allows us to put up production zone that will increase biosecurity. We have post-smolt production capacity on land for up to 7 million, and sizes up to 900 gram, producing around 3,000 tonnes for biomass that is transferred to sea.
We are continuing to grow and improve our smolt production. At sea, we have strong equipment, capable manpower, many fjords on sites. We have currently license of 43,800 tonnes. As you can see on the right side, we are located on the east coast of Iceland and have currently four fjords.
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |