Our Latest Figures Report a 222% Growth in Sales Revenue

On 27th February 2018, OGA released its December 2017 Half Year Financial results, with key highlights including a 222% growth in sales revenue.

Other highlights include:

  • Sales revenue increase from $0.42 million in H1FY17 up to A$1.34 million for H1FY18
  • Sales tonnage – up 161% to 24.3 tonnes in H1FY18 compared to 9.3 tonnes in H1FY17
  • Abitat deployment – 7,026 abitats deployed at Flinders Bay. On target to have a total of 10,000 abitats deployed at the Flinders Bay ranches by Q1FY19
  • Harvest Production – up 114% to 21.0 tonnes in H1FY18 compared to 9.8 tonnes in H1FY17
  • Wylie Bay – Trial assessment continues for 400 seeded Abitats
  • Three potential news sites in South Australia and Victoria to be evaluated in Q1 2018 to grow the ranches

Read the Full Report: