The parent company GenoMar AS was incorporated in Oslo, Norway in 1996. In 2007, total revenues in the parent company GenoMar AS amounted to NOK 5.6 million and profit after tax of NOK 1.8 million. GenoMar AS in Norway holds all intellectual property rights developed since the start-up of the company.
During the second quarter of 2008, GenoMar completed a capital increase of 2,348,996 new shares at NOK 25.00 per share, in total NOK 58,724.900.
GenoMar Supreme Tilapia (GST™) has been distributed and tested in different countries with good results. Our fish has outperformed all other strains it has been tested against.