MCA revenue rises 24% as costs drive $5.37M net loss
Murray Cod Australia’s revenue grew 24% to $13.5M, but higher costs and lower other income led to a $5.37M net loss. A $17.5M capital raise improved liquidity.
Revenue grew 24% to $13.5M, but a net loss of $5.37M was recorded due to higher costs and lower other income.
A $17.5M capital raise improved liquidity, and biological asset value increased, though per-kg prices fell.Original document: Murray Cod Australia Limited [MCA] Annual Financial Statement —…