Welcome to our dedicated page for Nocera news (Ticker: NCRA), a resource for investors and traders seeking the latest updates and insights on Nocera stock.
Nocera Inc. (NASDAQ: NCRA) drives innovation in sustainable aquaculture through its Recirculatory Aquaculture Systems (RAS) and strategic digital initiatives. This hub provides investors and industry professionals with essential updates on the company's technological advancements, operational milestones, and market developments.
Access official press releases covering key areas including RAS manufacturing breakthroughs, aquaculture facility projects, and livestreaming e-commerce expansions. Our curated collection enables stakeholders to monitor NCRA's progress in merging eco-friendly fish farming solutions with modern digital engagement strategies.
Discover updates on technology transfer programs, sustainability certifications, and strategic partnerships that reinforce Nocera's position as an aquaculture systems leader. Content spans operational updates, executive insights, and market analysis relevant to both land-based farming operations and digital retail integrations.
Bookmark this page for direct access to verified information about NCRA's consulting services, equipment innovations, and Douyin-powered brand initiatives. Stay informed about developments shaping the future of resource-efficient seafood production and digital customer engagement in aquaculture.
Nocera, Inc. (NASDAQ:NCRA) announced the purchase of 229 acres in Montgomery, Alabama, for $875,000 to build its first large-scale fish farm utilizing Recirculatory Aquaculture Systems (RASs). The acquisition was funded with $225,000 in cash and a $650,000 loan. Construction is expected to start in Q3 2023, with plans for replicating the model across the U.S. CEO Jeff Cheng emphasized the potential for substantial revenue generation and a commitment to sustainable practices. This facility is poised to lead Nocera's expansion in the aquaculture sector, aligning with its goal of becoming a prominent player in sustainable food production.
Nocera, Inc. (NASDAQ:NCRA) announced plans to achieve $100 million in annual revenue through the establishment of 10 fish farms in the US, each capable of producing 50 million pounds of catfish annually. Each farm will contain 500 tanks, with profits of $3 per pound if processed in-house, totaling $60 million in profit. The US seafood market, which is growing at 5% annually, consumes 6 billion pounds yearly, suggesting significant growth potential for Nocera. Further developments on this scalable model are expected soon, enhancing their financial strategy and market reach.
Nocera, Inc. (NASDAQ:NCRA) announced the opening of its flagship bento box store in Nangang District, Taipei. This new business initiative aims to boost profit margins by up to 200% through a business-to-consumer (B2C) model, projected to generate $3 - $6 million in revenue in 2023. The store features popular dishes like grilled eel rice bowl and super value bento box, appealing to the demand of over 25,000 employees in the nearby Nangang Software Park. Nocera’s CEO highlighted the strategic shift from B2B to B2C, leveraging their expertise in fish product trading.
Nocera, Inc. (NASDAQ:NCRA) reported a record-breaking monthly revenue of approximately $3.2 million in eel sales for November. The company anticipates total revenue between $36 to $40 million in 2023, with a growing focus on business-to-consumer sales expected to account for 10% of total revenue and yield a significantly higher profit margin. CEO Jeff Cheng expressed optimism about the company's growth trajectory, particularly with the sustainability of fishing drawing increasing attention globally.
Nocera, Inc. (NASDAQ:NCRA) reported sales exceeding $3 million for October 2022, driven by a significant entry into the Japanese market through Taiwanese exporters. The company sold $2 million worth of eels, capitalizing on the recent depreciation of the Japanese Yen. CEO Jeff Cheng anticipates the revenue momentum to continue, aiming for a total gross revenue of $14-$15 million for 2022. Nocera specializes in land-based Recirculatory Aquaculture Systems (RAS) for sustainable seafood production.
Nocera, Inc. (NASDAQ:NCRA) has entered into a distribution agreement with Farmers Vending Machine Co. Ltd. to supply seafood, fruit, and vegetables, generating an anticipated gross revenue of $1,000,000 monthly starting October 1, 2022. The partnership aims to increase Farmers' product offerings and expand into department stores. CEO Jeff Cheng projects over $12 million in gross revenue for 2023. Nocera focuses on sustainable aquaculture systems, contributing to the seafood supply chain.
Nocera, Inc. (NASDAQ:NCRA) has announced its acquisition of a 51% controlling interest in iTake Inc. for $200,000 plus 100,000 class A warrants. This strategic move, expected to close by November 15, 2022, is projected to increase Nocera's revenues by $3 million and potentially yield $1 million in gross profits. iTake specializes in AIOT technology, with plans to establish 300 unmanned shops in Taiwan to reduce labor costs. The acquisition will enable Nocera to utilize iTake's Smart Cabinets for enhanced distribution of their seafood products.
Nocera, Inc. (NASDAQ:NCRA) will celebrate its recent NASDAQ listing by ringing the closing bell on September 29, 2022. CEO Jeff Cheng will lead the event alongside the executive team and select employees. The occasion marks a significant milestone for the company as it aims to enhance U.S. aquaculture. Nocera is acquiring 229 acres in Alabama for $875,000 to build a high-tech land-based fish farm using its Recirculatory Aquaculture Technology. The company provides integrated aquaculture systems for fresh and saltwater fish, focusing on sustainability.
