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AS PRFoods

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529900PFXFO2ZDCRNK93

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Keskmise suurusega kontsern

Majandustegevusalad

Finants- ja kindlustustegevus

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Eesti

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Kategooriad

Juhtkonna vaheteadaanne või kvartaalne finantsaruanne

Teate ID

9790

Esitamise kuupäev ja aeg

02.09.2022 11:31:10

Teate sisu eesti keeles

Pealkiri

Update: PRF: AS-i PRFoods 2021/2022 majandusaasta 4. kvartali ja kaheteist kuu konsolideeritud auditeerimata vahearuanne

Teade

PRF: AS-i PRFoods 2021/2022 majandusaasta 4. kvartali ja kaheteist kuu
konsolideeritud auditeerimata vahearuanne

Juhtkonna kommentaar

Vabandame  muudatuste  pärast  aruandes,  mis  on  tingitud  asjaolust, et grupi
struktuur on muutunud , peale meie suurima äriüksuse , Soome, müüki ning sellest
tulenevalt vahetus ka kontserni tugiteenuste pakkuja.

PRFoods   on  fundamentaalselt  muutnud  oma  struktuuri  viimase  majandusaasta
jooksul.  Väljusime  oma  suurimast  äriüksusest  ja  fokusseerime  oma tegevuse
kalakasvatusele ja Ühendkuningriikide tootmisüksusele.

4.kvartal oli  muutusterohke,  miile  jooksul  muutsime  iseseisvaks  meie Eesti
üksuse  müüdud Soome üksusest ning see  avaldas kõige suuremat mõju tulemustele.
Me  oleme tänaseks  sõlminud pikaajalised  tarnelepingud Soome  klientidega ning
Soome  on  meie  jaoks  tänaseks  üks  eksporditurgudest  , mitte enam koduturg.
Toorakala  hinnad oli  rekordkõrged 4.kvartali jooksul,  ning see pitsitas kõiki
töötlejaid    ning    viis   nende   tulemused   kahjumisse.   Kalakasvatus   on
traditsiooniliselt  meil kahjumlik  4.kvartalis, kuna me  müüme kala ainult 2 ja
3. kvartali jooksul ning teiste kvartalite jooksul investeerime märkimisväärselt
biomassi kasvu.

Kogu aasta käive oli 47 miljonit eurot võrreldes 58,7 miljoniga aasta varem ning
kahjum oli -7.6 miljonit eurot, mis suures osas on tingitud Soome üksuse müügist
tulnud  firmaväärtuse  allahindamisest  (ca  4 miljonit  eurot), aasta varem oli
kahjum  tegevusest  -  5,1 miljonit  eurot.  4-kvartali kahjum oli -1,6 miljonit
eurot, võrreldes - 1,7 miljonit aasta varem.

Me   jätkame   grupi  restruktureerimist  ning  varade  võõrandamist  eesmärgiga
vähendada  võlakoormust  ning  fokusseerime  jätkusuutlikule  kalakasvatusele ja
preemium lõhetoodete valmistamisele Shotimaal.

Konsolideeritud auditeerimata vahearuanne on lisatud teatele.

Konsolideeritud finantsseisundi aruanne

+-------------------------------------+------+------------+------------+
| EUR '000                            | Lisa | 30.06.2022 | 30.06.2021 |
+-------------------------------------+------+------------+------------+
| VARAD                               |      |            |            |
+-------------------------------------+------+------------+------------+
| Raha ja ekvivalendid                |  2   |        118 |      2 500 |
+-------------------------------------+------+------------+------------+
| Nõuded ja ettemaksed                |      |      3 253 |      3 512 |
+-------------------------------------+------+------------+------------+
| Varud                               |      |      2 196 |      5 691 |
+-------------------------------------+------+------------+------------+
| Bioloogilised varad                 |  3   |      3 003 |      4 795 |
+-------------------------------------+------+------------+------------+
| Käibevara kokku                     |      |      8 570 |     16 498 |
+-------------------------------------+------+------------+------------+
|                                     |      |            |            |
+-------------------------------------+------+------------+------------+
| Edasilükkunud tulumaksuvara         |      |          0 |         38 |
+-------------------------------------+------+------------+------------+
| Pikaajalised finantsinvesteeringud  |      |        322 |        302 |
+-------------------------------------+------+------------+------------+
| Materiaalne põhivara                |      |      8 846 |     15 300 |
+-------------------------------------+------+------------+------------+
| Immateriaalne vara                  |      |     21 988 |     23 460 |
+-------------------------------------+------+------------+------------+
| Põhivara kokku                      |      |     31 156 |     39 100 |
+-------------------------------------+------+------------+------------+
| VARAD KOKKU                         |      |     39 726 |     55 598 |
+-------------------------------------+------+------------+------------+
|                                     |      |            |            |
+-------------------------------------+------+------------+------------+
| KOHUSTUSED JA OMAKAPITAL            |      |            |            |
+-------------------------------------+------+------------+------------+
| Intressikandvad kohustused          |      |      8 398 |      7 325 |
+-------------------------------------+------+------------+------------+
| Võlad ja ettemaksed                 |      |      3 919 |     12 124 |
+-------------------------------------+------+------------+------------+
| Sihtfinantseerimine                 |      |          0 |        207 |
+-------------------------------------+------+------------+------------+
| Lühiajalised kohustused kokku       |      |     12 317 |     19 656 |
+-------------------------------------+------+------------+------------+
|                                     |      |            |            |
+-------------------------------------+------+------------+------------+
| Intressikandvad kohustused          |      |     16 424 |     17 561 |
+-------------------------------------+------+------------+------------+
| Võlad ja ettemaksed                 |      |        328 |          0 |
+-------------------------------------+------+------------+------------+
| Edasilükkunud tulumaksukohustus     |      |        146 |      1 861 |
+-------------------------------------+------+------------+------------+
| Sihtfinantseerimine                 |      |        140 |        746 |
+-------------------------------------+------+------------+------------+
| Pikaajalised kohustused kokku       |      |     17 038 |     20 168 |
+-------------------------------------+------+------------+------------+
| KOHUSTUSED KOKKU                    |      |     29 355 |     39 824 |
+-------------------------------------+------+------------+------------+
|                                     |      |            |            |
+-------------------------------------+------+------------+------------+
| Aktsiakapital                       |      |      7 737 |      7 737 |
+-------------------------------------+------+------------+------------+
| Ülekurss                            |      |     14 007 |     14 007 |
+-------------------------------------+------+------------+------------+
| Oma aktsiad                         |      |       -390 |       -390 |
+-------------------------------------+------+------------+------------+
| Kohustuslik reservkapital           |      |         51 |         51 |
+-------------------------------------+------+------------+------------+
| Realiseerimata kursivahed           |      |      1 579 |        559 |
+-------------------------------------+------+------------+------------+
| Jaotamata kasum (kahjum)            |      |    -12 811 |     -6 723 |
+-------------------------------------+------+------------+------------+
| Ettevõtte aktsionäridele kuuluv osa |      |     10 173 |     15 241 |
+-------------------------------------+------+------------+------------+
| Mittekontrolliv osalus              |      |        199 |        533 |
+-------------------------------------+------+------------+------------+
| OMAKAPITAL KOKKU                    |  4   |     10 372 |     15 774 |
+-------------------------------------+------+------------+------------+
| OMAKAPITAL JA KOHUSTUSED KOKKU      |      |     39 726 |     55 598 |
+-------------------------------------+------+------------+------------+

Konsolideeritud koondkasumiaruanne

+-------------------+----+-------------+-------------+-------------+-------------+
|EUR '000           |Lisa|4kv 2021/2022|4kv 2020/2021|12k 2021/2022|12k 2020/2021|
+-------------------+----+-------------+-------------+-------------+-------------+
|Müügitulud         |    |        4 803        14 740        47 176|       58 692|
+-------------------+----+-----------------------------------------+-------------+
|Müüdud kaupade kulu|    |       -4 386       -14 437       -44 090|      -53 727|
+-------------------+----+-----------------------------------------+-------------+
|Brutokasum         |    |          417           303         3 086|        4 965|
+-------------------+----+-----------------------------------------+-------------+
|                   |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+
|Tegevuskulud       |    |       -1 197        -2 264        -7 207|       -9 468|
+-------------------+----+-----------------------------------------+-------------+
|Müügi- ja          |    |                                         |             |
|turustuskulud      |    |         -630        -1 499        -4 843|       -6 389|
+-------------------+----+-----------------------------------------+-------------+
|Üldhalduskulud     |    |         -567          -765        -2 364|       -3 079|
+-------------------+----+-----------------------------------------+-------------+
|Muud äritulud/-    |    |                                         |             |
|kulud              |    |          -40           146          -177|          309|
+-------------------+----+-----------------------------------------+-------------+
|Bioloogiliste      |    |                                         |             |
|varade ümberhindlus| 3  |         -734           441          -420|          311|
+-------------------+----+-----------------------------------------+-------------+
|Ärikasum (-kahjum) |    |       -1 554        -1 374        -4 622|       -3 883|
+-------------------+----+-----------------------------------------+-------------+
|Finantstulud/-kulud|    |         -136          -223        -3 102|       -1 085|
+-------------------+----+-----------------------------------------+-------------+
|Maksustamiseelne   |    |                                         |             |
|kasum (kahjum)     |    |       -1 689        -1 597        -7 723|       -4 968|
+-------------------+----+-----------------------------------------+-------------+
|Tulumaks           |    |           80          -110            63|         -193|
+-------------------+----+-----------------------------------------+-------------+
|Aruandeperioodi    |    |                                         |             |
|puhaskasum (-      |    |                                         |             |
|kahjum)            |    |       -1 610        -1 707        -7 661|       -5 161|
+-------------------+----+-----------------------------------------+-------------+
|                   |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+
|Aruandeperioodi    |    |                                         |             |
|puhaskasumi (-     |    |                                         |             |
|kahjumi) jaotus:   |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+
|Emaettevõtte       |    |                                         |             |
|aktsionäridele     |    |                                         |             |
|kuuluv osa         |    |       -1 588        -1 697        -7 644|       -5 069|
+-------------------+----+-----------------------------------------+-------------+
|Mittekontrolliv    |    |                                         |             |
|osalus             |    |          -22           -10           -17|          -92|
+-------------------+----+-----------------------------------------+-------------+
|Aruandeperioodi    |    |                                         |             |
|puhaskasum (-      |    |                                         |             |
|kahjum) kokku      |    |       -1 610        -1 707        -7 661|       -5 161|
+-------------------+----+-----------------------------------------+-------------+
|                   |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+
|Muu koondkasum (-  |    |                                         |             |
|kahjum), mida võib |    |                                         |             |
|hiljem             |    |                                         |             |
|klassifitseerida   |    |                                         |             |
|kasumiaruandesse:  |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+
|Valuutakursi vahed |    |          596          -100         1 020|          925|
+-------------------+----+-----------------------------------------+-------------+
|Kokku koondkasum (-|    |                                         |             |
|kahjum)            |    |       -1 014        -1 807        -6 641|       -4 236|
+-------------------+----+-----------------------------------------+-------------+
|                   |    |            .                           .|            .|
+-------------------+----+-----------------------------------------+-------------+
|Aruandeperioodi    |    |                                         |             |
|koondkasumi (-     |    |                                         |             |
|kahjumi) jaotus:   |    |            .                           .|            .|
+-------------------+----+-----------------------------------------+-------------+
|Emaettevõtte       |    |                                         |             |
|aktsionäridele     |    |                                         |             |
|kuuluv osa         |    |         -997        -1 797        -6 624|       -4 144|
+-------------------+----+-----------------------------------------+-------------+
|Väikeaktsionäridele|    |                                         |             |
|kuuluv osa         |    |          -17           -10           -17|          -92|
+-------------------+----+-----------------------------------------+-------------+
|Aruandeperioodi    |    |                                         |             |
|koondkasum (-      |    |                                         |             |
|kahjum) kokku      |    |       -1 014        -1 807        -6 641|       -4 236|
+-------------------+----+-----------------------------------------+-------------+
|                   |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+
|Tava puhaskasum (- |    |                                         |             |
|kahjum) aktsia     |    |                                         |             |
|kohta (EUR)        | 4  |        -0.04         -0,04         -0.20|        -0.09|
+-------------------+----+-----------------------------------------+-------------+
|                   |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+
|Lahustatud         |    |                                         |             |
|puhaskasum (-      |    |                                         |             |
|kahjum) aktsia     |    |                                         |             |
|kohta (EUR)        | 4  |        -0.04         -0,04         -0.20|        -0.09|
+-------------------+----+-----------------------------------------+-------------+
|                   |    |                                         |             |
+-------------------+----+-----------------------------------------+-------------+

Indrek Kasela
AS PRFoods
Juhatuse liige
T: +372 452 1470
[email protected]
www.prfoods.ee (https://pr-eu.globenewswire.com/SelfService/Edit/www.prfoods.ee)

Teate sisu inglise keeles

Pealkiri

Update: PRF: Consolidated Unaudited Interim Report , 12 mos 2021/2022

Teade

PRFoods: Consolidated Unaudited Interim Report 4th quarter and 12 months of
2021/2022

Management Commentary

We  apologize for changes in reports, these are  due to the fact that we changed
our  group  management  structure  fundamentally,  by  exiting  from our largest
business  unit and with that  we also changed the  service providers for finance
services .

PRFoods has changed its structure fundamentally during last year. We exited from
our  biggest business  unit Finland  and focussed  on fish farming operations in
Baltics and processing in UK.

Q4  was largely  transformative quarter  , where  we detached remaining Estonian
unit from Finland and this affected the results. We have now concluded long term
supply  contracts for Finnish customers  and Finland is one  of export markets ,
not  a domestic market.  Fish prices were  record high during  Q4, squeezing all
processors  and turning  results into  red. Fish  farming is  traditionally loss
making  during Q4 as we only harvest during Q2  and Q3 and rest of the period we
incur heavy investment in inventory.

Full  year sales were 47 million  euros compared to 58,7 you  and net result was
-7,6  million euros , due  largely to goodwill writeoff  related to Finnish sale
(ca  4 million euros), year before loss  was -5,1 million euros from operations.
QEUR loss was 1,6 million euros compared to 1,7 million euros.

We  continue to restructure and dispose our assets to reduce debt level in order
to  focus  on  sustainable  trout    farming  and premium salmon products from
Scotland.

Consolidated Unaudied Interim Report is attached.

Consolidated Statement of Financial Position

+----------------------------------+------------+------------+
| EUR '000                         | 30.06.2022 | 30.06.2021 |
+----------------------------------+------------+------------+
| ASSETS                           | .          | .          |
+----------------------------------+------------+------------+
| Cash and cash equivalents        |        118 |      2 500 |
+----------------------------------+------------+------------+
| Receivables and prepayments      |      3 253 |      3 512 |
+----------------------------------+------------+------------+
| Inventories                      |      2 196 |      5 691 |
+----------------------------------+------------+------------+
| Biological assets                |      3 003 |      4 795 |
+----------------------------------+------------+------------+
| Total current assets             |      8 570 |     16 498 |
+----------------------------------+------------+------------+
|                                  |            | .          |
+----------------------------------+------------+------------+
| Deferred tax assets              |          0 |         38 |
+----------------------------------+------------+------------+
| Long-term financial investments  |        322 |        302 |
+----------------------------------+------------+------------+
| Tangible assets                  |      8 846 |     15 300 |
+----------------------------------+------------+------------+
| Intangible assets                |     21 988 |     23 460 |
+----------------------------------+------------+------------+
| Total non-current assets         |     31 156 |     39 100 |
+----------------------------------+------------+------------+
| TOTAL ASSETS                     |     39 726 |     55 598 |
+----------------------------------+------------+------------+
|                                  |            | .          |
+----------------------------------+------------+------------+
| EQUITY AND LIABILITIES           |            | .          |
+----------------------------------+------------+------------+
| Interest-bearing liabilities     |      8 398 |      7 325 |
+----------------------------------+------------+------------+
| Payables and prepayments         |      3 919 |     12 124 |
+----------------------------------+------------+------------+
| Government grants                |          0 |        207 |
+----------------------------------+------------+------------+
| Total current liabilities        |     12 317 |     19 656 |
+----------------------------------+------------+------------+
|                                  |            | .          |
+----------------------------------+------------+------------+
| Interest-bearing liabilities     |     16 424 |     17 561 |
+----------------------------------+------------+------------+
| Payables and prepayments         |        328 |          0 |
+----------------------------------+------------+------------+
| Deferred tax liabilities         |        146 |      1 861 |
+----------------------------------+------------+------------+
| Government grants                |        140 |        746 |
+----------------------------------+------------+------------+
| Total non-current liabilities    |     17 038 |     20 168 |
+----------------------------------+------------+------------+
| TOTAL LIABILITIES                |     29 355 |     39 824 |
+----------------------------------+------------+------------+
|                                  |            | .          |
+----------------------------------+------------+------------+
| Share capital                    |      7 737 |      7 737 |
+----------------------------------+------------+------------+
| Share premium                    |     14 007 |     14 007 |
+----------------------------------+------------+------------+
| Treasury shares                  |       -390 |       -390 |
+----------------------------------+------------+------------+
| Statutory capital reserve        |         51 |         51 |
+----------------------------------+------------+------------+
| Currency translation differences |      1 579 |        559 |
+----------------------------------+------------+------------+
| Retained profit (loss)           |    -12 811 |     -6 723 |
+----------------------------------+------------+------------+
| Equity attributable to parent    |     10 173 |     15 241 |
+----------------------------------+------------+------------+
| Non-controlling interest         |        199 |        533 |
+----------------------------------+------------+------------+
| TOTAL EQUITY                     |     10 372 |     15 774 |
+----------------------------------+------------+------------+
| TOTAL EQUITY AND LIABILITIES     |     39 726 |     55 598 |
+----------------------------------+------------+------------+

Consolidated Statement of Profit or Loss And Comprehensive Income

+--------------------+--------------+--------------+-------------+-------------+
|                    |       4(th) Q|       4(th) Q|             |             |
|EUR '000            |     2021/2022|     2020/2021|12m 2021/2022|12m 2020/2021|
+--------------------+--------------+--------------+-------------+-------------+
|Revenue             |         4 803         14 740        47 176|       58 692|
+--------------------+-------------------------------------------+-------------+
|Cost of goods sold  |        -4 386        -14 437       -44 090|      -53 727|
+--------------------+-------------------------------------------+-------------+
|Gross profit        |           417            303         3 086|        4 965|
+--------------------+-------------------------------------------+-------------+
|                    |                                           |             |
+--------------------+-------------------------------------------+-------------+
|Operating expenses  |        -1 197         -2 264        -7 207|       -9 468|
+--------------------+-------------------------------------------+-------------+
|Selling and         |                                           |             |
|distribution        |                                           |             |
|expenses            |          -630         -1 499        -4 843|       -6 389|
+--------------------+-------------------------------------------+-------------+
|Administrative      |                                           |             |
|expenses            |          -567           -765        -2 364|       -3 079|
+--------------------+-------------------------------------------+-------------+
|Other income /      |                                           |             |
|expense             |           -40            146          -177|          309|
+--------------------+-------------------------------------------+-------------+
|Fair value          |                                           |             |
|adjustment on       |                                           |             |
|biological assets   |          -734            441          -420|          311|
+--------------------+-------------------------------------------+-------------+
|Operating profit    |                                           |             |
|(loss)              |        -1 554         -1 374        -4 622|       -3 883|
+--------------------+-------------------------------------------+-------------+
|Financial income /  |                                           |             |
|expenses            |          -136           -223        -3 102|       -1 085|
+--------------------+-------------------------------------------+-------------+
|Profit (Loss) before|                                           |             |
|tax                 |        -1 689         -1 597        -7 723|       -4 968|
+--------------------+-------------------------------------------+-------------+
|Income tax          |            80           -110            63|         -193|
+--------------------+-------------------------------------------+-------------+
|Net profit (loss)   |                                           |             |
|for the period      |        -1 610         -1 707        -7 661|       -5 161|
+--------------------+-------------------------------------------+-------------+
|                    |                                           |             |
+--------------------+-------------------------------------------+-------------+
|Net profit (loss)   |                                           |             |
|attributable to:    |                                           |             |
+--------------------+-------------------------------------------+-------------+
|Owners of the Parent|                                           |             |
|Company             |        -1 588         -1 697        -7 644|       -5 069|
+--------------------+-------------------------------------------+-------------+
|Non-controlling     |                                           |             |
|interests           |           -22            -10           -17|          -92|
+--------------------+-------------------------------------------+-------------+
|Total net profit    |                                           |             |
|(loss) for the      |                                           |             |
|period              |        -1 610         -1 707        -7 661|       -5 161|
+--------------------+-------------------------------------------+-------------+
                                                                 |             |
+--------------------+-------------------------------------------+-------------+
|Other comprehensive |                                           |             |
|income (loss) that  |                                           |             |
|may subsequently be |                                           |             |
|classified to profit|                                           |             |
|or loss:            |                                           |             |
+--------------------+-------------------------------------------+-------------+
|Foreign currency    |                                           |             |
|translation         |                                           |             |
|differences         |           596           -100         1 020|          925|
+--------------------+-------------------------------------------+-------------+
|Total comprehensive |                                           |             |
|income (expense)    |        -1 014         -1 807        -6 641|       -4 236|
+--------------------+-------------------------------------------+-------------+
|                    |             .                            .|            .|
+--------------------+-------------------------------------------+-------------+
|Total comprehensive |                                           |             |
|income (expense)    |                                           |             |
|attributable to:    |             .                            .|            .|
+--------------------+-------------------------------------------+-------------+
|Owners of the Parent|                                           |             |
|Company             |          -997         -1 797        -6 624|       -4 144|
+--------------------+-------------------------------------------+-------------+
|Non-controlling     |                                           |             |
|interests           |           -17            -10           -17|          -92|
+--------------------+-------------------------------------------+-------------+
|Total comprehensive |                                           |             |
|income (expense) for|                                           |             |
|the period          |        -1 014         -1 807        -6 641|       -4 236|
+--------------------+-------------------------------------------+-------------+
|                    |                                           |             |
+--------------------+-------------------------------------------+-------------+
|Profit (Loss) per   |                                           |             |
|share (EUR)         |         -0.04          -0,04         -0.20|        -0.09|
+--------------------+-------------------------------------------+-------------+
|                    |                                           |             |
+--------------------+-------------------------------------------+-------------+
|Diluted profit      |                                           |             |
|(loss) per share    |                                           |             |
|(EUR)               |         -0.04          -0,04         -0.20|        -0.09|
+--------------------+-------------------------------------------+-------------+

Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
[email protected]
www.prfoods.ee