Nocera, Inc. (NCRA) AI Stock Analysis

Nocera, Inc., headquartered in New Taipei City, Taiwan, specializes alongside its subsidiaries in the design, development, and manufacturing of land-based recirculation aquaculture systems tailored for fish farming. Founded in 2014, the company also engages in the construction, management, and operation of aquaculture facilities. In addition to its manufacturing operations, Nocera provides consulting, technology transfer, and project management services to support both new entrants and established participants in the aquaculture management industry. Through ongoing research and development, the business focuses on sustainable fish farming efficiency and resource optimization to address seafood demand.

Nocera's annual revenue rose from $9.9M in FY2021 to a high of $23.9M in FY2023 before declining 28.9% to $17.0M in FY2024 and falling 35.2% to $11.0M in FY2025. Across this period, the company remained unprofitable, posting net income of -$9.6M in FY2021, -$4.8M in FY2022, -$4.3M in FY2023, -$2.4M in FY2024, and -$2.8M in FY2025. Gross margin was 1.5% in FY2025, down from 2.0% in FY2024. For the trailing twelve months ending June 30, 2026, revenue stood at $6.9M with an operating margin of -54.9% and a profit margin of -73.3%. In the latest quarter ended June 30, 2026, quarterly revenue fell 46.1% year-over-year while quarterly earnings declined 71.0%.

As of June 30, 2026, Nocera held cash and short-term investments of $4.8M against total debt of $22,640, resulting in net cash of $4.8M. Total assets were $8.2M and shareholders' equity stood at $5.4M, with a current ratio of 9.42 and a debt-to-equity ratio of 0.00. The company reported negative operating cash flow of -$2.6M and free cash flow of -$2.6M in FY2025, down from -$1.6M for both figures in FY2024. Over the five-year period through FY2025, share count increased by 278.9%.

At its last close of $1.64 on October 16, 2026, Nocera had a market capitalization of $4.0M and an enterprise value of -$444,988. The stock traded at a price-to-sales multiple of 0.6x and a price-to-book multiple of 0.8x, compared to a median price-to-sales ratio of 0.7x for its US-listed Consumer Defensive peer group. The stock has posted a 1-year return of -96.7% and a 5-year return of -99.3%, compared to gains of 16.8% and 83.0% for the S&P 500 (SPY) over the same respective periods. The shares stood 77.0% below their 200-day average.

Nocera's next earnings date is scheduled for November 13, 2026. No Wall Street analyst coverage ratings, price targets, or earnings per share estimates are provided for the stock. Insiders owned 18.1% of the shares, while institutional investors held 2.8%, and short interest stood at 5.4% of the float as of October 16, 2026.

This page is an AI-written research summary of Nocera, Inc. (NCRA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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