Bioceres Crop Solutions Corp. Ordinary Shares - BIOX STOCK NEWS

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) reported a robust fiscal fourth quarter for 2021, with comparable revenues increasing by 39% YoY to $72.4 million and adjusted EBITDA rising 13% to $16.6 million. For the full year, revenues were up 13% to $197.4 million, driven by micro-beaded fertilizers and a restructured Crop Protection division. The company has expanded its HB4 collaboration with GDM into North America, targeting 10 million hectares prone to water deficits. Additionally, total financing of $71.5 million was secured during the fiscal year, enhancing liquidity.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) announced that its subsidiary Rizobacter Argentina S.A. has successfully completed a $16.1 million public offering of Series VI corporate bonds in Argentina. The offering consists of two tranches: Class A, totaling $12.7 million with a maturity in March 2023 at an interest rate of 3.75%, and Class B, amounting to $3.4 million with a maturity in September 2024 at 5.25%. Proceeds will support working capital, extend debt maturities, and lower financing costs.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) will hold a conference call on September 9, 2021, at 8:30 a.m. ET to discuss Q4 and fiscal year results ending June 30, 2021. Key executives will lead the discussion, followed by a Q&A session. Investors can access the call via toll-free and international numbers, and there will be a webcast available for viewing. A replay will be accessible until September 14, 2021. Bioceres focuses on sustainable agricultural solutions and advanced crop productivity technologies.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) announced its participation in the Jefferies 2021 Industrials Conference on August 4, 2021. CEO Federico Trucco will hold one-on-one video meetings and deliver a 25-minute presentation at 1:00 pm ET. This conference aims to address agricultural advancements towards carbon neutrality. The company's innovative solutions and biotechnology platforms are designed to incentivize eco-friendly farming practices. More details and the webcast link are available on the conference website.

PlantArcBio has signed a collaboration agreement with Bioceres Crop Solutions (NASDAQ: BIOX) to develop drought-resistant and high-biomass Alfalfa. Bioceres gains exclusive licensing rights to PlantArcBio's patented genes, discovered in Dead Sea soil, which enhance drought resistance and biomass in various crops. This partnership is aimed at leveraging Bioceres' expertise in crop development to create superior Alfalfa varieties for commercial use. The global market for Alfalfa hay is projected to grow to US$20.6 billion by 2025, indicating significant demand growth in the agriculture sector.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) announced its participation in the 7th Annual Roth Virtual London Conference, taking place from June 21-23, 2021. The company aims to promote its carbon-neutral agricultural solutions during this event. CFO Enrique López Lecube will conduct 40-minute video meetings on June 22 and 23, from 7:00 a.m. to 2:25 p.m. Eastern time. Participants can schedule individual meetings through the conference website or by contacting BIOX@mzgroup.us.

Bioceres specializes in pioneering crop productivity technologies and aims to incentivize sustainable farming practices.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) has successfully completed the regulatory review for its HB4 drought and herbicide tolerant soybeans, gaining approval from Canadian health authorities. This soybean variety, already approved in the US, Brazil, Argentina, and Paraguay, targets approximately 2.5 million hectares in Canada where soybean yields are currently low. The HB4 program aims to enhance sustainable agricultural practices by utilizing identity preserved production systems, expanding the HB4 variety growth to 10 million hectares across North America.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) reported a strong fiscal third quarter with a 35% YoY revenue increase to $35 million, driven by crop nutrition growth, particularly a 466% spike in micro-beaded fertilizer sales. The company is progressing on HB4 wheat with over 60,000 hectares contracted for planting. Adjusted EBITDA rose 163% to $6.9 million, reflecting improved margins. Despite some declines in crop protection revenue, total revenue for the trailing twelve months increased 12% to $177 million. Bioceres is also focused on sustainable practices and has partnered with Havanna for HB4 wheat-derived products.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) has signed a definitive agreement with Havanna SA to provide HB4 wheat-based sustainable products to customers in Brazil and Argentina. This initiative aims to offer food products with a lower carbon footprint while preserving native ecosystems. The HB4 wheat technology enhances yields by 20% and increases CO2 sequestration by up to 7% during droughts. The agreement supports Bioceres’ commitment to sustainable agriculture, backed by its Generation HB4 program, which ensures full traceability and climate data secured on blockchain technology.