Ozsu Balik Uretim A.S.

Ozsu Balik Uretim A.S.

BBIST:OZSUB
28.00
TRY
+0.66
(+2.41%)
4.17EPS
7.67P/E
3.79BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.17
2.02
3.65
16.54
18.24
28.08
29.08
28.37
Basic EPS, GAAP
0.04
0.06
0.07
0.59
-0.09
-1.24
2.88
4.11
Free Cash Flow per Basic Share
- -
0.01
0.2
1.34
-0.57
-3.34
8.2
-3.21
Dividend per Share
- -
- -
- -
- -
0.17
0.01
- -
- -
Book Value per Share
0.42
0.48
0.62
4.66
6.3
6.61
8.58
11.84
Tangible Book Value per Share
0.42
0.48
0.62
4.65
6.28
6.04
8.01
11.2
Basic Weighted Avg Shares
120
120
120
90
120
120
102
105
Sales/Revenue/Turnover
261
243
438
1,486
2,189
3,369
2,964
2,978
Operating Margin (%)
12.85
14.93
20.76
14.65
6.58
1.59
16.43
20.45
Depreciation Expense
27
20
3
23
47
74
92
120
Net Income, GAAP
4
7
8
53
-11
-148
294
432
Effective Tax Rate (%)
55.41
13.32
54.23
32.29
- -
- -
26.63
24.3
Profit Margin (%)
1.65
3.07
1.92
3.56
-0.5
-4.41
9.92
14.5
Working Capital
38
29
62
456
405
376
84
1,145
LT Debt
24
36
15
28
70
347
81
868
Total Equity
50
57
72
555
751
790
1,032
1,421
Return on Invested Capital (%)
- -
16.27
11.66
17.24
- -
- -
16.01
19.81
Return on Capital (%)
- -
12.77
8.62
21.57
- -
- -
26
30.77
Return on Common Equity (%)
- -
13.81
12.75
16.72
-1.65
-19.17
32.26
41.53

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,460
1,902
942
LT Borrowings
25
59
850
LT Finance Leases
56
15
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
120
120
120
Market Capitalization
2,149
2,527
3,787

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,427
2,455
2,457
Cash, Cash Equivalents & STI
697
786
592
Accounts Receivable, Net
242
250
259
Inventories
1,416
1,381
1,561
Total Current Liabilities
2,343
2,346
1,311
Payables & Accruals
- -
- -
- -
ST Debt
1,460
1,902
942
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
154.18%
30.67%
Free Cash Flow
- -
479.57%
-308.59%
Net Income, GAAP
- -
278.62%
-298.09%
Sales/Revenue/Turnover
- -
81.82%
-12.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
773
773
896
618
3,369
2025
743
973
782
743
2,964
2026
728
725
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.21
-0.86
-0.53
-1.24
2025
-0.11
0.65
3.07
0.75
2.88
2026
0.28
1.03
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Semsettin Kavalar
Full Time Employees
147
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Izmir Turkey
IPO Date
Nov 29, 2022
Business
Özsu Balık Üretim A.Ş. is a Turkey-based integrated aquaculture and seafood processing company engaged in the breeding, farming, processing, packaging, and international distribution of marine fish. Founded in 1995 and headquartered in Urla, Izmir, Turkey, the company operates across the entire aquaculture value chain from hatchery operations and feed production to open-sea cage farming and cold-chain logistics. Özsu Balık serves wholesale distributors, retail supermarket chains, and food service providers across more than 50 countries across Europe, North America, the Middle East, and Asia, managing its international commercial operations directly and through overseas subsidiaries including Ozsu Fish EU B.V. in the Netherlands and Ozsu Fish UK Limited in the United Kingdom. The company's product and service portfolio encompasses fresh, chilled, and frozen whole sea bream (Sparus aurata) and sea bass (Dicentrarchus labrax); value-added processed seafood products, including scaled, gutted, head-on, headless, and portioned fresh or individually quick-frozen (IQF) fillets; juvenile fish (fry and fingerlings) and fish eggs produced in high-capacity hatchery and laboratory facilities; specialized extruded marine fish feed formulated and manufactured through its 50.1%-owned subsidiary, Unifeed Su Ürünleri Yem Sanayi ve Ticaret A.Ş.; secondary aquaculture by-products, including fish meal and fish oil; and temperature-controlled storage, packaging, and specialized cold-chain logistics services operating from its modern packaging and processing facility in Bornova, Izmir. In recent developments, Özsu Balık has executed several operational expansions and sustainability initiatives to scale its production capacity and vertical integration. The company completed a major capacity doubling at its Unifeed aquafeed production subsidiary, raising annual feed manufacturing capacity from 50,000 metric tons to 100,000 metric tons to support internal farming demands and external commercial sales. The company has also expanded its juvenile fish production infrastructure, lifting annual hatchery capacity to 69 million units. In line with green energy transition and cost-optimization strategies, Özsu Balık and its subsidiaries have implemented rooftop solar photovoltaic (GES) power installations across their production and feed processing facilities to secure renewable self-generated electricity and reduce carbon emissions. Furthermore, the company continues to broaden its European cold-chain distribution channels through its dedicated logistics and sales entities in the United Kingdom and the Netherlands, reinforcing its export-led growth strategy in premium international seafood markets.