Brim hf.

Brim hf.

IICE:BRIM
87.00
ISK
-1.00
(-1.14%)
6.94EPS
12.90P/E
175.06BMarket 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
0.11
0.12
0.12
0.11
0.12
0.12
0.14
0.15
0.2
0.23
0.23
0.2
0.21
0.25
Basic EPS, GAAP
0.02
0.02
0.02
0.01
0.01
0.02
0.02
0.02
0.04
0.04
0.03
0.02
0.03
0.05
Free Cash Flow per Basic Share
0.01
- -
- -
-0.02
-0.01
- -
0.02
- -
0.04
0.03
- -
-0.01
0.02
0.04
Dividend per Share
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.01
0.01
- -
Book Value per Share
0.11
0.12
0.14
0.14
0.14
0.15
0.17
0.18
0.21
0.23
0.25
0.25
0.27
0.25
Tangible Book Value per Share
0.04
0.05
0.06
0.04
0.05
- -
0.01
- -
0.04
0.03
0.04
0.05
0.06
0.04
Basic Weighted Avg Shares
1,814
1,814
1,814
1,814
1,814
1,814
1,835
1,913
1,921
1,925
1,925
1,925
1,925
1,903
Sales/Revenue/Turnover
195
215
226
201
217
222
261
292
388
451
437
389
410
467
Operating Margin (%)
16.77
18.55
21.92
14.62
7.69
12.98
18.93
14.47
24.35
22.47
18.11
11.78
17.19
22.11
Depreciation Expense
17
14
14
15
17
19
14
15
17
16
18
19
20
20
Net Income, GAAP
36
36
44
26
25
32
34
29
75
79
63
41
60
92
Effective Tax Rate (%)
19.12
17.07
16.18
16.58
15.55
25.25
21.58
20.64
20.58
20
16.11
12.13
14.97
16.37
Profit Margin (%)
18.26
16.61
19.73
13.04
11.43
14.51
12.99
10.04
19.39
17.59
14.4
10.41
14.65
19.68
Working Capital
4
-11
36
4
14
-12
89
15
106
2
106
66
-11
-17
LT Debt
37
21
74
92
134
188
250
256
259
137
339
326
194
200
Total Equity
203
219
246
250
257
279
317
337
398
452
473
489
521
482
Return on Invested Capital (%)
12.63
10.19
13.81
6.65
5.96
4.4
6.51
5.26
11.3
10.55
7.89
4.94
6.76
10.33
Return on Capital (%)
14.57
12.82
14.19
7.89
6.76
7.16
6.62
5.61
12.04
11.46
9.54
7.04
8.5
12.59
Return on Common Equity (%)
19.42
17.03
19.15
10.58
9.79
12.01
11.38
8.97
20.44
18.64
13.61
8.43
11.88
19.16

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
166
132
143
LT Borrowings
193
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,925
1,925
1,956
Market Capitalization
963
1,034
1,218

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
200
212
179
Cash, Cash Equivalents & STI
71
74
50
Accounts Receivable, Net
31
44
42
Inventories
79
78
73
Total Current Liabilities
211
213
195
Payables & Accruals
- -
- -
- -
ST Debt
166
132
143
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.93%
9.23%
6.63%
Free Cash Flow
555.93%
159.93%
-319.47%
Net Income, GAAP
12.86%
30.67%
48.1%
Sales/Revenue/Turnover
6.91%
8.02%
5.21%
Total Cash Common Dividend
6.44%
18.02%
-22.84%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
94
80
110
105
389
2025
101
82
111
114
410
2026
121
119
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
0.01
0.02
2025
- -
- -
0.01
0.01
0.03
2026
0.01
0.01
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

CEO
Gudmundur Kristjansson
Full Time Employees
655
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Norðurgarður 1 Reykjavík GR Iceland 101
IPO Date
Dec 16, 1992
Website
brim.is
Business
Brim hf. (BRIM.IC) is an Iceland-based seafood company engaged in the fishing, processing, and marketing of groundfish and pelagic fish harvested from Icelandic waters. Founded in 1985 and headquartered in Reykjavik, the company operates integrated facilities across four locations in Iceland, including processing plants in Reykjavik, Akranes, and Vopnafjordur, as well as a fleet comprising three freezing vessels, four wetfish trawlers, and three pelagic vessels; it employs approximately 800 full-time staff at sea and ashore. Brim produces a diverse range of high-quality, traceable products certified under international standards such as IFS, FEMAS, IFFO, HACCP, MSC, and IRF, with emphasis on sustainability, innovation, and full utilization of raw materials; core offerings include fresh and frozen groundfish such as cod (Gadus morhua), haddock (Melanogrammus aeglefinus), saithe (Pollachius virens), redfish (Sebastes mentella), golden redfish (Sebastes marinus), Greenland halibut (Reinhardtius hippoglossoides), silver smelt (Argentina silus), and halibut; pelagic species encompassing capelin (Mallotus villosus), herring (Clupea harengus), mackerel (Scomber scombrus), and blue whiting (Micromesistius poutassou); additional by-products like fishmeal, fish oil, roe from lumpfish, capelin, cod, and others produced via subsidiary operations, and dried fish products. These products serve markets worldwide, primarily in Europe, Asia, North America, and Africa, targeting wholesalers, retailers, and industrial users in the food production and aquaculture sectors. In a significant strategic expansion, Brim hf. agreed in September 2025 to acquire all shares in Icelandic fish oil producer Lysi hf. for an enterprise value of ISK 30 billion (approximately EUR 200 million), payable half in cash and half in Brim shares, pending approvals from boards, shareholders, and the Competition Authority; this move aims to secure synergies in raw material supply and advance Brim further up the seafood value chain. Formerly known as HB Grandi hf. until its rebranding in 2019, Brim maintains a public listing on the Nasdaq Iceland Main Market and upholds a commitment to environmental responsibility, fleet modernization for reduced emissions, and workplace safety enhancements.