Barramundi Group (BARRA) investor relations material

Executive summary

• Achieved a significant turnaround in FY2025, moving from a net loss of $8.6M in 2024 to a net profit of $1.86M, driven by successful restructuring and operational improvements.

• Completed a major restructuring, extinguishing legacy debts and raising $3.4M in new equity, providing a stable platform for future growth.

• Focused on rebuilding production scale, improving operational consistency, and disciplined capital allocation, with Brunei operations as the strategic core.

Financial highlights

• Revenue was $13.1M, down slightly from $13.9M year-over-year.

• Net profit of $1.86M, a reversal from the prior year’s net loss of $8.6M.

• Gross margin improved due to lower raw material costs and operational efficiencies.

• Significant one-time gain of $8.76M from the write-off of payables under the restructuring scheme.

• Cash and cash equivalents increased to $2.16M from $1.77M year-over-year.

Outlook and guidance

• Management expects continued operational recovery, with a focus on scaling Brunei operations and enhancing fish health management.

• Ongoing development of land-based RAS facility at Mengsalut and expansion of sea farming in Brunei.

• Strategic review of underperforming segments, especially Fassler Gourmet, to align with group priorities.