Murray Cod Australia reports strong FY25 growth, positive FY26 outlook

Murray Cod Australia Limited (MCA) announced robust financial performance for fiscal year 2025, with net profit after tax reaching $8.6 million, a 238% increase from a loss of $6.2 million in fiscal year 2024. Revenue grew to $10.9 million, up 2.6% year-on-year, despite fish availability constraints now resolved by biomass maturation. The company reported a record biological asset value of $67.8 million, an increase of 111% from fiscal year 2024.

Operationally, MCA achieved a record grow-out biomass of 2,481 tonnes, a 198% increase year-on-year. Stanbridge infrastructure completion brought 51 ponds online, with stocking commencing in October 2025, contributing to a total production platform of 128 ponds across four sites. Fish inventory at grow-out reached 3.1 million fish averaging 808 grams by June 2025.

Strategic advancements include securing $43 million in Westpac financing and realizing approximately $70 million in land and water assets. First quarter fiscal year 2026 sales surged by 45% compared to the previous corresponding period, with receipts from customers up 30%. Woolworths expansion doubled store presence from 67 to 134, and PFD Foods national distribution commenced in October 2025. Halal certification was approved in the first quarter of fiscal year 2026, opening access to Middle East markets.