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Naturalshrimp Incorporated  (SHMP)
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Price: $0.0110 $0.00 0.000%
Day's High: $0.012 Week Perf: -5.17 %
Day's Low: $ 0.01 30 Day Perf: -12 %
Volume (M): 5,944 52 Wk High: $ 0.08
Volume (M$): $ 65 52 Wk Avg: $0.03
Open: $0.01 52 Wk Low: $0.01



 Market Capitalization (Millions $) 10
 Shares Outstanding (Millions) 938
 Employees 4
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -17
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 3

Naturalshrimp Incorporated

NaturalShrimp Incorporated is a global shrimp farming and biotechnology company that has developed a technology to produce shrimp in an indoor, re-circulating, saltwater facility. Our eco-friendly, bio-secure design does not rely on ocean water; it recreates the natural ocean environment allowing for high-density production which can be replicated anywhere in the world.

Our self-contained shrimp aquiculture system allows for the production of Pacific White (Litopenaeus vannamei, formerly Penaeus vannamei) shrimp in an ecologically controlled fully contained and independent production system without the use of antibiotics or toxic chemicals.

The Company has developed several proprietary technology assets, including a knowledge base that allows the production of commercial quantities of shrimp in a closed system with a computer monitoring system that automates, monitors and maintains proper levels of oxygen, salinity and temperature for optimal shrimp production.

Our research and development facilities are located outside of San Antonio, Texas, and we hold a minority interest in a Norwegian company that owns and operates a similar shrimp production facility in Medina del Campo, Spain.

Historically, efforts to raise shrimp in a high-density, closed system at the commercial level have been met with either modest success or outright failure through “BioFloc Technology”. Infectious agents such as parasites, bacteria and viruses are the most damaging and most difficult to control. Bacterial infection can in some cases be combated through the use of antibiotics (although not always), and in general the use of antibiotics is considered undesirable and counter to “green” cultivation practices. Viruses can be even worse in that they are immune to antibiotics. Once introduced to a shrimp population, viruses can wipe out entire farms and shrimp populations, even with intense probiotic applications.

Our primary solution against infectious agents is our “Vibrio Suppression Technology”. We believe this system creates higher sustainable densities, consistent production, improved growth and survival rates and improved food conversion without the use of antibiotics, probiotics or unhealthy anti-microbial chemicals. Vibrio Suppression Technology helps to exclude and suppress harmful organisms that usually destroy “BioFloc” and other enclosed technologies.

Automated Monitoring and Control System

The Company’s “Automated Monitoring and Control System” uses individual tank monitors to automatically control the feeding, oxygenation, and temperature of each of the facility tanks independently. In addition, a facility computer running custom software communicates with each of the controllers and performs additional data acquisition functions that can report back to a supervisory computer from anywhere in the world. These computer automated water controls optimize the growing conditions for the shrimp as they mature to harvest size, providing a disease-resistant production environment.

The principle theories behind the the Company’s system are characterized as:


High-density shrimp production

Weekly production

Natural ecology system

Regional production

Regional distribution

These principles form the foundation for the Company and our potential distributors so that consumers can be provided with continuous volumes of live and fresh shrimp at competitive prices.

In 2001, the Company began research and development (R&D) of a high density, natural aquaculture system that is not dependent on ocean water to provide quality, fresh shrimp every week, fifty-two weeks a year. The initial NaturalShrimp system was successful but the Company determined that it would not be economically feasible due to high operating costs. Over the next several years, using the knowledge we gained from the first R&D system, we developed a shrimp production system that eliminated the high costs associated with the previous system. We have continued to refine this technology, eliminating bacterial and other problems that affect enclosed systems and now have a successful shrimp growing process.


We have produced thousands of pounds of shrimp over the last few years in order to develop a design that will consistently produce quality shrimp that grow to a large size at a specific rate of growth. This included experimenting with various types of natural live and synthesized feed supplies before selecting the most appropriate nutritious and reliable combination. It also included utilizing monitoring and control automation equipment to minimize labor costs and to provide the necessary oversight for proper regulation of the shrimp environment.

After the implementation of the first R&D facility in La Coste, Texas, the Company has also made significant improvements that minimize the transfer of shrimp, which will reduce shrimp stress and labor costs. Our current system consists of a reception tank where the shrimp are acclimated, then moved to a larger grow-out tank for the rest of the twenty-week cycle.



   Company Address: 5501 LBJ Freeway Dallas 75240 TX
   Company Phone Number: 791-9474   Stock Exchange / Ticker: SHMP
   


Customers Net Income grew by SHMP's Customers Net Profit Margin fell to

250.69 %

1.97 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Naturalshrimp Incorporated

2 Naturalshrimp Incorporated shows promising revenue growth amidst net income decrease

In the recent financial report released by Naturalshrimp Incorporated, the company has shown a decrease in net loss per share and an increase in revenue for the financial three months ending December 31, 2023. Despite the net loss per share of $-0.01 as compared to $0.01 the previous year, the company has seen a growth in revenue by 3.43% to $0.10 million from the same reporting period a year before. This indicates that Naturalshrimp Incorporated is working towards improving its financial performance and generating more revenue.
However, for the fiscal year ending December 31, 2023, the company reported a net shortfall of $-5.471 million, compared to a net income of $14.889 million in the same reporting period the previous year. This significant decrease in net income could be a cause for concern for the investors and stakeholders of Naturalshrimp Incorporated.






 

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Naturalshrimp Incorporated does not provide revenue guidance.

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Naturalshrimp Incorporated does not provide earnings estimates.

 
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