Iceland Seafood International hf.

Iceland Seafood International hf.

ICESEA.IC
Iceland Seafood International hf.IS flagNASDAQ Iceland
4.36
ISK
+0.06
- -
13.36BMarket Cap
Iceland Seafood International hf.
ICESEA.IC
(NASDAQ Iceland)

Recent

price

4.36

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.19
0.19
0.2
0.2
0.19
0.22
0.18
0.14
0.14
0.16
0.15
0.16
- -
0.18
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.01
- -
- -
- -
Basic EPS, GAAP
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
-0.01
- -
- -
- -
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.01
0.01
0.01
0.01
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
- -
0.02
Book Value per Share
- -
- -
- -
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
- -
0.01
Tangible Book Value per Share
1,300
1,300
1,300
1,250
1,300
1,599
2,392
2,600
2,629
2,629
2,807
3,064
- -
2,882
Basic Weighted Avg Shares
241
252
258
246
249
346
434
370
378
421
430
484
443
511
Sales/Revenue/Turnover
1.3
1.99
1.35
1.92
1.86
13.15
2.63
1.23
5.12
3.49
1.73
3.87
3.3
3.72
Operating Margin (%)
1
1
1
1
1
1
3
3
4
7
13
4
4
4
Depreciation Expense
-6
- -
- -
3
3
4
5
- -
9
-10
-20
7
3
8
Net Income, GAAP
30.65
24.84
78.06
16.15
21.92
20.84
20.74
32.8
23.65
33.59
- -
26.22
29.35
25.72
Effective Tax Rate (%)
-2.31
-0.15
-0.07
1.04
1.03
1.16
1.19
-0.01
2.32
-2.37
-4.7
1.46
0.6
1.6
Profit Margin (%)
-6
-7
-8
-1
- -
6
24
20
35
30
24
-13
20
21
Working Capital
3
3
2
2
1
7
10
24
42
34
41
9
37
37
LT Debt
9
8
8
15
18
59
80
75
92
81
73
76
82
85
Total Equity
- -
5.95
1.34
7.83
6.68
35.62
5.99
1.76
7.26
4.78
- -
7.17
5.06
7.02
Return on Invested Capital (%)
- -
1.53
0.43
7.3
6.8
6
5.53
0.83
7.22
-5.39
- -
7.73
4.68
5.89
Return on Capital (%)
- -
-4.66
-2.15
26.35
20.15
20.03
17.74
-0.13
29.26
-34.1
-78.54
24.97
5.84
13.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
72
92
91
LT Borrowings
34
36
35
LT Finance Leases
1
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,064
3,064
3,064
Market Capitalization
101
95
97

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
145
175
188
Cash, Cash Equivalents & STI
6
16
7
Accounts Receivable, Net
59
69
85
Inventories
67
79
82
Total Current Liabilities
128
155
167
Payables & Accruals
- -
- -
- -
ST Debt
72
92
91
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.23%
2.55%
8.08%
Free Cash Flow
-146.9%
-264.09%
31.59%
Net Income, GAAP
-2,573.79%
-4,829.35%
-62.55%
Sales/Revenue/Turnover
6.58%
3.97%
-8.49%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
114
98
102
129
484
2025
119
115
114
137
443
2026
146
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Iceland Seafood International hf. (ICESEA.IC) is an Iceland-based seafood company engaged in the processing, sale, marketing, and worldwide export of fresh, frozen, salted, dried, and value-added seafood products. Founded in 1932 and headquartered in Reykjavik, the company operates through three main segments—Value Added Southern Europe, Value Added Northern Europe, and Sales & Distribution—with processing and trading subsidiaries across Europe, North America, Asia, and South America; it sources primarily from the North Atlantic, including Iceland's pristine waters, and targets distributors, retailers, and foodservice providers globally. Its core products encompass ready meals, fresh fish, coated products, shellfish, smoked fish, landfrozen fish, light and wet salted products, frozen-at-sea fish, pelagic species such as mackerel, herring and capelin, cephalopods, and dried fish; these are marketed under brands including Icelandic Seafood, Iceland Gold, Islandia, Seastar, Dunn’s, Carr&Sons, Nolan’s, Ahumados Dominguez, Oceanpath, Elba, Banord, Las Tapas, and El Auténtico. Recent strategic developments include the 2025 acquisition by subsidiary Iceland Seafood Ibérica of two Argentine freezer trawlers (Entrena Uno and Entrena Dos) for USD 5.8 million to vertically integrate its wild shrimp supply chain and boost at-sea frozen shrimp production from its Achernar facility in Puerto Madryn; the purchase of property firm Cigalfer792 S.R.L. to cut storage costs and enhance Argentine operations; and the expansion into marketing Icelandic salmon through its distribution network amid growing domestic salmon farming. In Q3 2025, the company reported operating revenues of EUR 347.6 million for the first nine months, up 11% year-over-year, with profitability restored across divisions following 2023 challenges, alongside ongoing refinancing efforts and a focus on high-value Icelandic cod and shrimp sales.