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Bioceres Crop Solutions (BIOX) - 2023 Q1 - Earnings Call Transcript
2022-11-13 05:43
Bioceres Crop Solutions Corp. (NASDAQ:BIOX) Q1 2023 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants Paula Savanti - Head of Investor Relations Federico Trucco - Chief Executive Officer Enrique Lopez Lecube - Chief Financial Officer Conference Call Participants Bobby Burleson - Canaccord Genuity LLC Benjamin Klieve - Lake Street Capital Markets, LLC Brian Wright - Roth Capital Partners Brian Dolliver - Brookline Capital Markets, LLC Steven Ralston - Zacks SCR Operator Good morning, ...
Bioceres Crop Solutions (BIOX) - 2023 Q1 - Earnings Call Presentation
2022-11-10 14:54
Financial Highlights - Revenues increased by 71% year-over-year, including Pro Farm's historical numbers for 1Q22[9] - Adjusted EBITDA almost doubled for the period[9] - Total revenues reached $127.1 million in 1Q23, a 71% increase compared to the pro forma $74.5 million in 1Q22[25] - Gross profit increased by 52% year-over-year[29] Business Developments - A long-term commercial and R&D agreement with Syngenta Seedcare was announced[9] - A $5 million share buyback was completed[9] - The Pro Farm merger was completed on July 12th[9] - Syngenta Seedcare paid $50 million upfront for rights granted under the collaboration agreement[20] HB4 Technology - HB4 wheat production in Argentina is estimated at 13.7 million metric tons, a 40% decrease compared to the previous season's 23 million metric tons[15] - Early season plantings of HB4 Soy are more than two times year-over-year[18] - The company anticipates HB4 Wheat to contribute $15-20 million in EBITDA by FY24 and HB4 Soy to contribute $20-25 million in EBITDA by FY25[39] Pro Farm Integration and Functional Currency Change - The integration of Pro Farm initiated on July 12th, 2022[13] - The functional currency was changed to USD in Argentine entities starting in FY23[22]
Bioceres Crop Solutions (BIOX) - 2022 Q4 - Annual Report
2022-10-27 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ◻ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2022 OR ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ◻ SHELL COMPANY REPORT PURSUANT TO SECTION ...
Bioceres Crop Solutions (BIOX) - 2023 Q1 - Quarterly Report
2022-10-02 16:00
Exhibit 99.1 BIOCERES CROP SOLUTIONS CORP. Consolidated financial statements as of and for the years ended June 30, 2022, 2021 and 2020. ര Bioceres Crop Solutions Report of independent registered public accounting firm F-3 Consolidated statements of financial position F-4 Consolidated statements of comprehensive income F-6 Consolidated statements of changes in equity F-8 Consolidated statements of cash flows F-9 INDEX Consolidated financial statements as of and for the years ended June 30, 2022, 2021 and 20 ...
Bioceres Crop Solutions (BIOX) - 2022 Q4 - Earnings Call Transcript
2022-09-08 18:46
Bioceres Crop Solutions Corp. (NASDAQ:BIOX) Q4 2022 Earnings Conference Call September 8, 2022 8:30 AM ET Company Participants Paula Savanti - Head of Investor Relations Federico Trucco - Chief Executive Officer Enrique López Lecube - Chief Financial Officer Conference Call Participants Ben Klieve - Lake Street Capital Markets Kemp Dolliver - Brookline Capital Markets Dmitry Silversteyn - Water Tower Research Operator Hello and welcome to the Bioceres Crop Solutions Fiscal Fourth Quarter 2022 Financial Resu ...
Bioceres Crop Solutions (BIOX) - 2022 Q4 - Earnings Call Presentation
2022-09-08 12:20
Financial Performance - Bioceres Crop Solutions achieved record comparable revenues for both Q4 2022 and FY22, with increases of 44% and 62% year-over-year, respectively[10] - Baseline Adjusted EBITDA reached $17.7 million for Q4 2022 and $61.9 million for the full year[10] - Total revenue reached $334.8 million for the fiscal year ended June 30, 2022, compared to $209.5 million in the previous fiscal year[39] - Gross profit was $126.5 million, with a gross profit percentage of 38%[39] HB4 Wheat - HB4 Wheat revenues amounted to $12.4 million, representing a 94% increase compared to the prior year's contributed goods number[11] - Gross margin for HB4 Wheat increased from 42% to 53%[14] Regulatory Approvals & Integration - Key regulatory clearances were obtained for HB4 Wheat and Soy from various countries, including the U.S., Australia, New Zealand, Nigeria, and China[11] - The merger with Marrone Bio Innovations, Inc, now ProFarm Group, was successfully completed[11] - The company is on track to deliver cost synergies of $8 million from the ProFarm integration[20] Balance Sheet - Total assets reached $518.3 million as of June 30, 2022[40] - Total liabilities amounted to $359.5 million[43] - The company executed financing agreements, including new secured convertible notes due in 2026, bringing in $55 million in proceeds[38]
Bioceres Crop Solutions (BIOX) Investor Presentation - Slideshow
2022-08-17 17:16
Investor Presentation NASDAQ: BIOX August 2022 ര Bioceres Crop Solutions Disclaimer | --- ...
Bioceres Crop Solutions (BIOX) Investor Presentation - Slideshow
2022-06-24 22:21
Investor Presentation NASDAQ: BIOX June 2022 ര Bioceres Crop Solutions Disclaimer | --- ...
Bioceres Crop Solutions (BIOX) - 2022 Q3 - Quarterly Report
2022-05-26 16:00
Exhibit 99.1 BIOCERES CROP SOLUTIONS CORP. Unaudited interim condensed consolidated financial statements as of March 31, 2022 and June 30, 2021, and for the three-and nine-month periods ended March 31, 2022, and 2021. ര Bioceres Crop Solutions Unaudited interim condensed consolidated statements of financial position as of March 31, 2022 and June 30, 2021 F-3 Unaudited interim condensed consolidated statements of comprehensive income for the three and nine-month periods ended March 31, 2022 and 2021 F-5 Unau ...
Bioceres Crop Solutions (BIOX) - 2022 Q1 - Earnings Call Transcript
2022-05-12 00:01
Marrone Bio Innovations, Inc. (MBII) Q1 2022 Earnings Conference Call May 11, 2022 4:30 PM ET Company Participants Kevin Helash – Chief Executive Officer Linda Moore – Chief Legal Officer LaDon Johnson – Interim Chief Financial Officer Matti Tiainen – Senior Vice President International Sales Kamal El Mernissi – Senior Director of Product & Marketing Conference Call Participants Dmitry Silversteyn – Water Tower Research Operator Good afternoon ladies and gentlemen, and welcome to the First Quarter 2022 Earn ...