Murray Cod Australia Limited
AASX:MCA0.13
AUD
-0.01
(-10.34%)
Murray Cod Australia Limited
ASX:MCA
(Australian Securities Exchange)
Recent
price
0.13
P/E
ratio
13.22
div
yld
- -
ROIC.AI
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.- Similar Companies
- Business
- Murray Cod Australia Limited (ASX: MCA) is a vertically integrated aquaculture company specializing in the breeding, growing, and marketing of premium pond-grown Murray cod, a native Australian freshwater table fish. The company operates under the brand Aquna Sustainable Murray Cod and manages the entire value chain including hatchery, nursery, and grow-out ponds primarily located in the Murrumbidgee Irrigation Area in southern New South Wales, Australia. The company’s products include sustainably farmed Murray cod sold domestically and in export markets across Asia, including Singapore, Hong Kong, Japan, and the USA. Alongside fish production, the company also generates revenue from cattle sales and aquaculture equipment sales. Founded in 2016 through the integration of three established aquaculture businesses—Riverina Aquaculture, Bidgee Fresh, and Silverwater Native Fish—Murray Cod Australia Limited aims to leverage sustainable practices by using irrigation water from fish ponds to benefit crop and pasture irrigation, promoting circular resource use. The company emphasizes the premium quality of its Murray cod, characterized by firm, white flesh with gelatinous qualities, making it highly sought after and commanding higher prices compared to other farmed fish species. In recent years, Murray Cod Australia Limited has focused on expanding its operational capacity through investments in hatchery upgrades, additional grow-out ponds, and technology to improve feed management, including a sophisticated automated feeding app. Key developments over the past 1-2 years include a trading halt and proposed capital raising in late 2025 to support further growth, as well as the cessation of 1.3 million securities due to unmet conditions impacting its capital structure. The company continues to pursue strategic growth opportunities with an emphasis on export market expansion and operational efficiency within its supply chain. Headquartered in Griffith, New South Wales, Murray Cod Australia Limited operates exclusively in Australia but targets global markets with its sustainably farmed Murray cod. As of 2025, the company employs approximately 87 staff and reported total revenue exceeding AUD 10 million. Its business model and focused strategies position it as a leading domestic and international supplier of premium freshwater fish, leveraging native species aquaculture with sustainable and innovative practices.