INARCTIKA

INARCTIKA

MMOEX:AQUA
322.80
RUB
+7.70
(+2.44%)
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
Revenue per Share
178.72
183.75
207.23
17.44
9.95
31.12
63.02
37.06
100.96
96.82
184.84
272.03
- -
Basic EPS, GAAP
-5.59
-12.7
5.01
-4.68
-15.4
48.85
4.72
26.44
37.38
36.85
98.71
138.06
- -
Free Cash Flow per Basic Share
4.73
-3.69
-7.52
-24.47
-24.08
0.11
23.29
-34.56
-0.78
-15.52
1.88
-7.3
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.19
4.98
17.04
38.14
- -
Book Value per Share
10.28
-2.42
2.58
-2.07
-17.47
27.22
40.76
69.2
104.32
135.83
212.88
310.37
451.79
Tangible Book Value per Share
9.7
-3.02
2.05
-2.58
-17.5
27.2
40.22
68.63
103.75
130.15
206.74
302.37
442.91
Basic Weighted Avg Shares
87
87
87
87
87
80
80
87
87
86
86
86
- -
Sales/Revenue/Turnover
15,570
16,008
18,045
1,517
865
2,476
5,022
3,212
8,798
8,336
15,904
23,501
28,480
Operating Margin (%)
3
0.48
5.31
6.24
-17.65
113.72
16.44
80.04
46.21
41.85
60.86
58.88
66.9
Depreciation Expense
11
31
23
84
53
83
237
165
435
499
780
929
1,520
Net Income, GAAP
-487
-1,107
436
-407
-1,339
3,886
376
2,291
3,258
3,172
8,493
11,927
15,471
Effective Tax Rate (%)
38.66
- -
10.06
- -
- -
2.63
- -
1.2
0.81
1.13
1.22
0.33
3.05
Profit Margin (%)
-3.13
-6.91
2.42
-26.84
-154.81
156.96
7.49
71.33
37.03
38.06
53.4
50.75
54.32
Working Capital
-700
1,253
-349
228
-2,497
978
2,427
5,855
5,562
6,196
13,836
24,223
27,840
LT Debt
- -
2,011
425
1,984
894
347
1,133
3,618
1,998
1,623
4,879
9,034
4,061
Total Equity
896
-211
224
-180
-1,519
2,367
3,514
6,003
9,065
11,786
18,707
27,274
39,702
Return on Invested Capital (%)
6.58
- -
22.94
- -
- -
53.21
- -
31.97
33.6
21.37
40.94
39.62
38.05
Return on Capital (%)
-9.14
- -
20.08
- -
- -
90.13
- -
33.66
31.25
22.15
40.02
38.1
35.5
Return on Common Equity (%)
-75.32
-16
7.85
-8.94
-36.34
164.39
12.8
48.15
43.25
30.43
55.71
51.88
46.2

Capital Structure

RUB

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

RUB

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
65.81%
46.22%
45.56%
Free Cash Flow
2,079.16%
87.6%
-737.07%
Net Income, GAAP
34.14%
55.49%
29.71%
Sales/Revenue/Turnover
44.69%
65.69%
21.19%
Total Cash Common Dividend
- -
- -
18.48%

Semi-annual Revenue

RUB

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
15,904
2022
- -
- -
23,501
2023
- -
- -
28,480

Semi-annual Earnings Per Share

RUB

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
98.71
2022
- -
- -
138.06
2023
- -
- -
- -

Semi-annual Dividends Per Share

RUB

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
17.04
2022
- -
- -
38.14
2023
- -
- -
- -

Company Description

CEO
Ilya Gennadyevich Sosnov
Full Time Employees
18
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
18 Stromynka St., Bldg. 5B Moscow MC Russian Federation 107076
IPO Date
Apr 16, 2010
Business
Public Joint Stock Company Inarctica (PJSC Inarctica) is Russia's leading producer of farmed Atlantic salmon, sea trout and rainbow trout, operating a vertically integrated aquaculture business focused on breeding, harvesting and distribution of fresh and chilled premium fish products. The company farms Atlantic salmon and sea trout at 10 sites in the pristine waters of the Barents Sea in the Murmansk Region; rainbow trout and lake trout at three farms in Karelia's Lake Segozero; and maintains 34 farming sites overall with advanced sea cages, recirculation aquaculture systems (RAS) hatcheries and a new feed mill under construction to achieve feed self-sufficiency. Products are sold under the INARCTICA brand primarily to federal retail chains in Moscow, St. Petersburg, Moscow Region and other major Russian cities including Nizhny Novgorod, Krasnodar, Ekaterinburg and Novosibirsk, emphasizing rapid delivery of chilled fish within two to five days post-harvest. Founded in 1997 and headquartered in Moscow with key operations in Murmansk and Karelia, the company rebranded from PJSC Russian Aquaculture in August 2022 to reflect its Arctic focus; recent developments include acquisitions of the Mulinsky sturgeon and trout farm in Nizhny Novgorod and the Arkhangelsk algae plant in 2023 for diversification into crayfish, shrimp and algae processing; sale of three Norwegian smolt plants in early 2023 amid regulatory pressures; completion of a fry hatchery in Kondopoga; record 2024 revenue of RUB 31.5 billion from 25,700 tonnes of commercial product; and upgraded credit ratings to A+(RU) by ACRA with ongoing construction of a 70,000-tonne feed factory.