P/F Bakkafrost

P/F Bakkafrost

BKFKF
P/F BakkafrostUS flagOther OTC
46.20
USD
- -
- -
2.74BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
50.94
55.24
58.63
65.84
77.45
65.32
87.38
78.73
94.03
120.66
120.67
123.73
118.18
112.68
Basic EPS, GAAP
12.05
13.32
16.66
27.52
10.51
19.74
15.7
7.83
16.32
22.76
16.15
11.08
8.94
3.85
Free Cash Flow per Basic Share
6.5
13.18
3.3
3.35
16.84
7.95
6.47
-6.13
0.15
-0.57
-0.67
22.42
-0.95
-1.07
Dividend per Share
2
4.49
5.99
8.24
8.69
10.5
7.78
- -
3.65
5.14
9.99
8.69
8.44
8.44
Book Value per Share
1
1.01
1
1
56.13
61.43
69.34
73.66
74.29
82.32
92.75
101.42
107.84
108.46
Tangible Book Value per Share
28.03
36.42
47.02
65.22
66.76
75.8
79.44
71.69
82.14
99.63
107.42
112.01
110.22
99.65
Basic Weighted Avg Shares
49
49
49
49
49
49
52
59
59
59
59
59
59
59
Sales/Revenue/Turnover
2,491
2,683
2,850
3,203
3,770
3,177
4,511
4,652
5,554
7,130
7,141
7,334
7,007
6,680
Operating Margin (%)
27.2
33.28
32.35
51.47
16.76
36.98
22.29
14.74
19.55
24.46
17.5
12.87
12.01
5.07
Depreciation Expense
87
97
108
133
184
199
310
447
530
537
637
704
785
749
Net Income, GAAP
589
647
810
1,339
511
960
810
463
964
1,345
956
657
530
228
Effective Tax Rate (%)
18.99
28.03
12.36
17.99
18.03
18.07
18.33
26.06
15.26
20.47
16.82
24.29
17.58
22.92
Profit Margin (%)
23.65
24.12
28.42
41.81
13.56
30.22
17.96
9.95
17.36
18.87
13.38
8.95
7.57
3.41
Working Capital
1,408
1,637
1,549
2,456
1,205
2,027
3,506
3,213
3,762
4,794
5,150
4,411
4,682
4,010
LT Debt
685
505
448
827
147
812
2,554
2,485
2,881
3,737
4,276
3,714
4,995
4,897
Total Equity
1,665
2,064
2,580
3,549
3,626
4,077
8,497
8,729
9,348
10,396
10,866
11,157
11,044
10,419
Return on Invested Capital (%)
23.85
24.25
27.04
35.1
11.68
20.5
10.02
4.46
7.71
10.29
6.95
4.68
4.43
1.74
Return on Capital (%)
71.45
90.09
144.57
198.22
25.79
27.5
16.31
7.44
13.94
17.37
11.94
8.36
6.31
3.53
Return on Common Equity (%)
1,205.98
1,324.46
1,658.22
2,740.36
36.78
33.57
24.67
11.67
22.06
29.08
18.46
11.42
8.55
3.75

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
65
94
54
LT Borrowings
3,481
3,039
4,029
LT Finance Leases
234
904
867
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
59
Market Capitalization
23,081
20,186
17,567

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,177
4,767
4,347
Cash, Cash Equivalents & STI
481
250
205
Accounts Receivable, Net
675
819
333
Inventories
3,810
3,529
3,582
Total Current Liabilities
766
995
337
Payables & Accruals
- -
- -
- -
ST Debt
65
94
54
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.78%
4.9%
-1.01%
Free Cash Flow
-401.69%
-829.33%
-104.25%
Net Income, GAAP
10.11%
13.66%
-19.26%
Sales/Revenue/Turnover
10.56%
9.23%
-4.45%
Total Cash Common Dividend
- -
14.68%
-2.86%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,206
2,067
1,737
1,470
7,334
2025
1,899
1,575
1,847
- -
7,007
2026
2,114
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.77
-1.89
-1.92
8.11
11.08
2025
-0.09
-2.25
9.83
- -
8.94
2026
5.17
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
8.7
- -
- -
8.69
2025
- -
8.44
- -
- -
8.44
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Johan Regin Jacobsen
Full Time Employees
1,600
Sector
Consumer Defensive
Industry
Agricultural Farm Products
Address
Bakkavegur 9 Glyvrar Denmark 625
IPO Date
Jun 9, 2015
Business
P/F Bakkafrost operates as a vertically integrated salmon farming company, producing and selling a wide range of premium Atlantic salmon products from the Faroe Islands and Scotland; core offerings include fresh whole salmon, fillets, and portions in various sizes, specifications, and packaging options, alongside frozen products, value-added items such as smoked salmon, and roe; the company also manufactures fishmeal, fish oil, and specialized salmon feed using proprietary recipes and internal R&D, while managing farming service vessels for fish transportation, treatments, net cleaning, harvesting, and freight. Founded in 1968 and headquartered in Glyvrar on the island of Eysturoy in the Faroe Islands, Bakkafrost serves global markets including fresh fish markets, smokehouses, ready-meal processors, and catering sectors, with primary processing facilities in Glyvrar, Kollafjørður, and Vágur, and feed production in Fuglafjørður. The company employs around 1,600 people and maintains operations characterized by non-chemical treatments, natural lice management, and full traceability from feed to finished products. In recent developments, Bakkafrost executes a multi-year investment plan, including a DKK 6.3 billion (2024-2028) strategy to expand harvest volumes to 165,000 tonnes annually by 2028 through hatchery upgrades at Skálavík in the Faroes and Applecross in Scotland, aiming for 24 million smolts yearly; it reported record biology in the Faroes driving lower costs in Q3 2025, strong Q1 2025 harvests up 32% year-over-year, and launched an online store in Denmark in November 2024; additionally, the company secured recognition as one of TIME's world's best companies for sustainable growth in November 2024, extended sponsorships for Faroese national football and the 2027 Island Games, and continues scaling fishmeal production which tripled recently while planning roe production expansion for self-sufficiency.

Company News

APIChat
  • P/F Bakkafrost (BKFKY) Q1 2026 Earnings Call Transcript

  • P/F Bakkafrost (OTCMKTS:BKFKF) Sees Large Increase in Short Interest

  • P/F Bakkafrost (BKFKY) Q4 2025 Earnings Call Transcript

  • P/F Bakkafrost (BKFKY) Q3 2025 Earnings Call Transcript

  • Significant Research Activity Led To Six New Positions

  • P/F Bakkafrost (BKFKF) Q2 2025 Earnings Call Transcript

  • A 'Large Smolt' Bakkafrost Is Transformative But Not Great Value

  • P/F Bakkafrost (BKFKF) Q1 2025 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q4 2024 Earnings Call Transcript

  • Bakkafrost: Viral Incident Flushes Fish Into Markets From Faeroes

  • Bakkafrost: Upside From Salmon, And Already Up Since Q2

  • P/F Bakkafrost (BKFKF) Q3 2024 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q2 2024 Earnings Call Transcript

  • Bakkafrost: Potential To Double Revenue By 2028

  • Bakkafrost: I Wish Salmon Would Drop In Price So I Can 'Buy' More

  • P/F Bakkafrost (BKFKF) Q1 2024 Earnings Call Transcript

  • Bakkafrost: Salmon For Your Portfolio And Your Plate

  • P/F Bakkafrost (BKFKF) Q4 2023 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q3 2023 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q2 2023 Earnings Call Transcript