Benefits of RAS
RAS is the ability to reduce the need for fresh, clean water while still maintaining a healthy environment for fish. RAS have high fish stocking densities and can be operated economically commercially.
Read more at the company website.
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And as I mentioned above, NCRA has several potential catalysts working for that need to be known now. Take a look:
No. 1 NCRA Potential Catalyst - Low Float Intraday Explosiveness?
According to the Yahoo Finance website, NCRA has a tiny float.
The website reports this profile to have approximately 5.53Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
Could more positive company news help provide a near term spark?
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No. 2 NCRA Potential Catalyst - Record Breaking Revenue News Could Provide A Major Jolt
Nocera, Inc. Reports Record Breaking Monthly Revenue in November Hitting $3.2Mn
TAIPEI, TAIWAN / ACCESSWIRE / December 13, 2022 / Nocera, Inc. (NASDAQ:NCRA) ("Nocera" or the "Company"), a fully integrated sustainable seafood company focusing on manufacturing and operating land-based recirculatory aquaculture systems ("RAS"), today announced that it has hit a record-breaking revenue for the month of November, reaching approximately $3.2Mn in eel sales revenue. We expect to achieve our goal of increasing our total revenue in 2023 and estimate that we will achieve between $36 to $40Mn in total revenue. Our business-to-consumer sales will increase to 10% of our total sales revenue in 2023 but carries a significant pro-fit margin increase.
"Despite the challenging global economy, I'm happy to report the company has achieved record breaking revenues last month and a growing pipeline of new sales. As we see our top line revenue number beginning the hockey stick growth phase, I'm committed to finding ways to also increase our margins. In 2023, I expect that with our growing B2C business which has 200% higher margins to meaningfully affect the company's bottom line," Said CEO Jeff Cheng.
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Read the full article here.
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No. 3 NCRA Potential Catalyst - Explosive October Revenue News Keep The Hits Rolling
Nocera, Inc. Clocks Sales Revenue of Over $3Mn In October 2022 Alone, Expects Annualized Run Rate of $36Mn Over the Next 12 Months
Taipei, Taiwan --News Direct-- Nocera
Nocera, Inc. (NASDAQ: NCRA) earlier announced that the Company achieved sales of revenue over $3Mn for the month of October.
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Jeff Cheng, Nocera's CEO, commented, "We anticipate this breakthrough into the Japanese Market through Taiwanese exporters of $3Mn monthly revenue for October will continue through November and December of 2022. We expect this sales revenue to be reoccurring and continue through 2023. We believe we are on target to achieve our 2022 gross revenue of $14-$15Mn. The depreciation of the Japanese Yen gives us a significant advantage as we can provide the best seafood at the best price point against our other competitor."
Read the full article here.
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No. 4 NCRA Potential Catalyst - New Distro Agreement Should Create More Monthly Revenue For NCRA
From the 10/4/22 press release:
Jeff Cheng, Nocera's CEO, commented, "This distribution agreement not only gives Farmers a better price point but should give Nocera monthly gross revenue of $1Mn. For 2023, we anticipate that our arrangement will generate gross revenue more than $12Mn for the company. ..."
Read the full article here.
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No. 5 NCRA Potential Catalyst - Acquisition Related News Could Become A Major Company Game-Changer
From the 9/29/22 press release:
Jeff Cheng, CEO of Nocera, Inc., commented on the planned acquisition, "We believe that our strategic acquisition of a controlling interest in iTake will increase Nocera's 2023 revenue by $3Mn by giving us an AIOT way to sell and deliver our seafood and other food products to our customers through iTake's Smart Cabinets. ..."
Read the full article here.
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NCRA Recap - 5 Potential Breakout Catalysts To Know Now
No. 1 - Low Float Intraday Explosiveness?
No. 2 - Record Breaking Revenue News Could Provide A Major Jolt
No. 3 - Explosive October Revenue News Keep The Hits Rolling
No. 4 - New Distro Agreement Should Create More Monthly Revenue For NCRA
No. 5 - Acquisition Related News Could Become A Major Company Game-Changer
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Coverage is officially reinitiated on NCRA. When time allows, do this: