What you need to know: • Sailfish reported solid Q4 financials, including revenue of $1.2M (+65% YoY) vs. our expectation of $0.9M and adjusted EBITDA of ($0.1M) vs. our estimate of $0.1M.
• The results capped off a standout year for FISH, generating annual revenue growth of 19% YoY, posting adjusted EBITDA of $1.0M, repurchasing 631K shares, and completing plenty of work on the portfolio side.
• We remain excited for 2026 as the Mt. Hamilton stream begins generating revenue and FISH reallocates the cash from the Spring Valley sale.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
FISH: Finishing Off a Strong 2025; Ready to Redeploy