Land-Based Indoor RAS Mediterranean Sand Steenbras (Lithognathus mormyrus) Yield 2026

Underwrite circular flow raceways rearing Mediterranean Sand Steenbras (Lithognathus mormyrus, reaching 400g culinary gourmet size in 10 months), premium restaurant wholesale pricing ($21.00/kg), and facility EBITDA.

Underwriting Assumptions

Annual Sand Steenbras Harvest (Metric Tonnes)

Wholesale Restaurant Steenbras Price ($/kg)

Biological Feed Conversion Ratio (FCR)

Extruded Marine Pelleted Feed ($/kg)

Chilled RAS Power, UV Sanitation & Labor ($/yr)

Projected Economics

Gross Annual Steenbras Sales

Annual Feed Expenditure

Net Annual Operating EBITDA