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OTCM
GSFD
Market cap1mUSD
Jul 09, Last price  
0.06USD
1D
-6.90%
1Q
-18.57%
Jan 2017
1,987.91%
IPO
90.00%
Name

Global Seafood Technologies Inc

Chart & Performance

D1W1MN
OTCM:GSFD chart
P/E
24.69
P/S
0.22
EPS
0.00
Div Yield, %
Shrs. gr., 5y
Rev. gr., 5y
-2.70%
Revenues
4m
-2.71%
14,205,60217,075,98113,741,7799,212,6384,820,3124,619,1674,661,2265,080,3454,321,2844,204,359
Net income
38k
P
-1,036,093-693,328372,888-1,962,151-111,006444,086148,66848,037-172,80137,787
CFO
147k
P
-1,210,615-236,405613,158-522,965491,312-188,671537,826110,067-37,973146,584

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Profile

Global Seafood Technologies, Inc. (GSFD), based in Biloxi, Mississippi, specializes in the preparation and packaging of shrimp, supplying seafood restaurant chains and retail grocery stores throughout the United States. The company conducts its operations through three distinct divisions: Seafood, Fishing Bait, and Freshwater Shrimp. The Seafood segment is responsible for the processing, packaging, and storage of shrimp, as well as other seafood items. They offer a diverse selection of frozen shrimp, available in various sizes and specifications, designed for both commercial clients and individual consumers. Their primary offering consists of frozen, headless shrimp with the shell intact, typically sold in one-pound and two-pound packages. Additionally, they process peeled shrimp, which is either private-labeled for customers, distributed to restaurants, or incorporated into ready-to-cook meal kits for supermarket distribution. Within the Fishing Bait segment, Global Seafood Technologies focuses on packaging and distributing products for recreational fishing. Under its "Killer Bee Bait" brand, the company provides a range of offerings including bait shrimp, catfish bait, both cut and whole squid, cigar minnows, ballyhoo, frozen chum, and menhaden oil. These products are retailed through various outlets, including independent marinas and specialized bait shops. Finally, the Freshwater Shrimp segment is dedicated to the cultivation and harvesting of farm-grown freshwater shrimp. Operating its own hatchery and nursery facility, this division supplies these shrimp to independent aquaculture farmers.
IPO date
Jul 09, 2004
Employees
75
Domiciled in
US
Incorporated in
US

Valuation

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