Sector: Consumer Non-Cyclicals | Industry: Fishing & Farming |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2101 Ken Pratt Blvd., Suite 201 LONGMONT CO 80501 |
Tel: | N/A |
Website: | https://swseedco.com |
IR: | See website |
Key People | ||
Mark Herrmann President, Chief Executive Officer | Vanessa Baughman Chief Financial Officer, Corporate Secretary | Don Panter Executive Vice President, Americas |
Business Overview |
S&W Seed Company is a global multi-crop, middle-market agricultural company. The Company is primarily engaged in the breeding, production and sale of alfalfa and sorghum seeds. The Company's product crops include alfalfa, sorghum, sunflower, stevia, Australian wheat and pasture seeds. Its alfalfa seed is primarily used for growing alfalfa hay, which is grown throughout the world as forage for livestock, including dairy and beef cattle, horses and sheep. Its sorghum comes in two types: forage and grain. In addition to alfalfa, the pasture seed market in Australia includes medic, clovers, vetch, forage cereals, and certain grasses. It operates seed cleaning and processing facilities, which are located in Texas, New South Wales, and South Australia. Its seed products are primarily grown under contract by farmers. Its seed platform develops and supplies germplasm designed to produce higher yields for farmers worldwide. The Company sells over 600 seed products in more than 40 countries. |
Financial Overview |
For the six months ended 31 December 2023, S&W Seed Co revenues decreased 17% to $27.3M. Net loss applicable to common stockholders increased 18% to $12.7M. Revenues reflect Other. segment decrease of 86% to $167K, Argentina segment decrease of 81% to $85K. Higher net loss reflects Gain on disposal of intangible assets decrease from $1.8M (income) to $0K, Equity Earnings Net of Income Tax increase from $4K to $1.5M (losses). |
Employees: | 134 as of Sep 11, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $75.54M as of Dec 31, 2023 |
Annual revenue (TTM): | $68.01M as of Dec 31, 2023 |
EBITDA (TTM): | -$11.53M as of Dec 31, 2023 |
Net annual income (TTM): | $12.00M as of Dec 31, 2023 |
Free cash flow (TTM): | -$10.98M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $51.79M as of Dec 31, 2023 |
Shares outstanding: | 43,314,975 as of Feb 7, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |