Global Seafood Technologies, Inc.

Global Seafood Technologies, Inc.

OOTC:GSFD
0.07
USD
+0.01
(+8.06%)
-0.10EPS
2.95MMarket Cap
2000 Y
2001 Y
2002 Y
2003 Y
TTM
Revenue per Share
1.08
1.29
0.87
0.56
0.58
Basic EPS, GAAP
-0.08
-0.04
0.02
-0.12
-0.1
Free Cash Flow per Basic Share
-0.16
-0.05
-0.06
-0.08
-0.02
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
0.27
0.31
0.29
0.18
0.19
Tangible Book Value per Share
0.27
0.29
0.28
0.16
0.17
Basic Weighted Avg Shares
13
13
16
16
16
Sales/Revenue/Turnover
14
17
14
9
9
Operating Margin (%)
-1.01
-5.2
-5.59
-15.52
-11.88
Depreciation Expense
- -
- -
- -
- -
- -
Net Income, GAAP
-1
- -
- -
-2
-2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
-7.62
-2.84
2.71
-21.3
-17.4
Working Capital
3
2
2
1
1
LT Debt
1
1
1
1
1
Total Equity
4
4
5
3
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-12.17
8.11
-50.83
-42.56

Capital Structure

USD

•

in mil. unless spec.
Dec'03
Mar'03
Jun'04
ST Debt
- -
- -
- -
LT Borrowings
1
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
5
4
3

Working Capital

USD

•

in mil. unless spec.
Dec'03
Mar'03
Jun'04
Total Current Assets
3
4
4
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
2
2
2
Inventories
1
1
2
Total Current Liabilities
2
3
3
Payables & Accruals
1
2
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-40%
Free Cash Flow
- -
- -
32.01%
Net Income, GAAP
- -
- -
-626.2%
Sales/Revenue/Turnover
- -
- -
-32.96%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2002
4
4
3
3
14
2003
3
2
2
2
9
2004
3
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2002
0.01
-0.02
-0.02
0.06
0.02
2003
-0.01
-0.01
-0.02
-0.08
-0.12
2004
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2002
- -
- -
- -
- -
- -
2003
- -
- -
- -
- -
- -
2004
- -
- -
- -
- -
- -

Company Description

CEO
Brent Gutierrez
Full Time Employees
75
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
555 Bayview Avenue Biloxi MS United States 39530
IPO Date
Jul 9, 2004
Business
Global Seafood Technologies, Inc. operates within the United States, concentrating its efforts on the preparation and packaging of shrimp for restaurant chains and grocery retailers. The company's operations are divided into distinct divisions: Seafood, Fishing Bait, and Freshwater Shrimp. The Seafood division is responsible for the processing, packaging, and warehousing of shrimp along with other aquatic provisions. It supplies frozen shrimp in various dimensions and forms, packaged for either commercial food service or direct consumer purchase. A primary offering involves frozen, shell-on, headless shrimp, typically presented in one-pound and two-pound packages. Additionally, the company processes peeled shrimp under private labels for its clientele or for distribution to dining establishments, and contributes these products to ready-to-prepare meal kits for supermarket sales. The Fishing Bait division focuses on packaging and distributing products designed for recreational angling. Its "Killer Bee Bait" brand encompasses a range of items such as bait shrimp, catfish bait, cut and whole squid, cigar minnows, ballyhoo, frozen chum, and menhaden oil. These Killer Bee Bait offerings are available through retail channels, independent marinas, and bait and tackle shops, primarily across the Southeastern United States. The Freshwater Shrimp division is dedicated to the cultivation and harvesting of farm-raised freshwater shrimp through its dedicated hatchery and nursery facilities, supplying these to independent aquaculture growers. Global Seafood Technologies maintains its corporate headquarters in Biloxi, Mississippi.