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S&W Seed Company (SANW), founded in 1980 and headquartered in Longmont, Colorado, is a leading multi-crop, middle-market agricultural company. The company specializes in the breeding, production, and sale of alfalfa and sorghum seeds, with a growing presence in sunflower and pasture seeds. S&W is also actively involved in developing sustainable biofuel feedstocks through its partnership with Shell, focusing on camelina and other oilseed species.
S&W Seed Company offers a diverse portfolio of approximately 500 seed products, which are distributed in over 40 countries, including the United States, Australia, Saudi Arabia, Mexico, and South Africa. The company is renowned for its proprietary seed traits that enhance crop yield and resilience, especially in challenging climates. Among its notable products is the Double Team sorghum solutions, which has quickly gained popularity for its innovative weed control technology.
In fiscal 2023, S&W reported significant financial improvements, including a $14.3 million increase in Adjusted EBITDA and a GAAP gross margin of 19.8%. The company's strategic initiatives, such as the launch of the Double Team sorghum solutions and a new biofuels partnership with Shell, have positioned it for future growth.
Recent developments include the commercial launch of Double Team Forage Sorghum, which offers forage growers non-GMO, grassy weed control options. The company is also planning to introduce a Prussic Acid Free (PAF) trait in 2025, aimed at reducing prussic acid poisoning in grazing livestock.
S&W Seed Company is committed to driving innovation in the agricultural sector and supporting the global demand for healthier consumer diets and animal proteins. For more information, please visit www.swseedco.com.
S&W Seed Company (NASDAQ: SANW) reported its Q3 fiscal 2022 results, revealing a total revenue of $23.2 million, down from $32.4 million in Q3 fiscal 2021. The net loss for the quarter was $(7.4) million, compared to $(1.8) million in the prior year. Core Revenue decreased by 2.9% due to lower sales in Australia and South Africa, although U.S. sales increased. The company anticipates fiscal 2022 Core Revenue to be between $80 to $85 million, a 15% to 20% increase over fiscal 2021. S&W plans to cut operating expenses by $5 million.
Trigall Genetics and S&W Seed Company (SANW) are in preliminary discussions to form a joint venture called Trigall Australia. This venture aims to enhance wheat breeding operations in Australia, utilizing S&W's existing infrastructure and the expertise of Trigall Genetics. The initiative aims to develop drought-tolerant wheat varieties leveraging the HB4® EcoWheat® technology and grow crops for regions affected by climate change. The collaboration is seen as a significant opportunity to strengthen S&W's market position and expand its wheat portfolio.
S&W Seed Company (Nasdaq: SANW) will announce its third quarter fiscal year 2022 financial results on May 16, 2022, prior to market opening. A conference call to discuss these results is scheduled for the same day at 11:00 AM ET. Founded in 1980, S&W Seed specializes in seed technology for middle market crops, including proprietary alfalfa and sorghum. The company aims to meet the rising global demand for animal proteins and healthier diets with a diverse product portfolio, including hybrid sunflower and stevia.
S&W Seed Company (Nasdaq: SANW) announced its participation in the Lytham Partners Spring 2022 Investor Conference from April 4-7, 2022. A webcast fireside chat will take place on April 4 at 11:00 AM ET, available on the company’s website. Management will also engage in virtual one-on-one meetings throughout the event. Interested parties can arrange meetings through Lytham Partners. S&W Seed Company, founded in 1980, specializes in proprietary seed genetics, impacting the global demand for animal proteins and healthier diets.
S&W Seed Company (Nasdaq: SANW) will participate in a fireside chat at the 34th Annual Roth Conference on March 14, 2022, at 1:30 PM ET in Dana Point, CA. The event will be streamed live, and a replay will be available on the company's website. Attendees can schedule meetings with management through the event organizers or by contacting sanw@lythampartners.com. Founded in 1980, S&W specializes in seed genetics to meet the global demand for animal proteins and healthier diets.
S&W Seed Company (NASDAQ: SANW) reported a Core Revenue of $12.6 million for Q2 FY2022, a 14.5% increase from $11.0 million in Q2 FY2021, driven by growth in the Middle East, Argentina, and South Africa. Total revenue declined from $15.1 million to $12.6 million year-over-year, reflecting no sales to Pioneer in Q2 FY2022 compared to $4.1 million in the previous year. The net loss was $(9.8) million, unchanged per share from the prior year. The company projects fiscal 2022 Core and Total Revenue between $80 to $85 million, indicating a 15% to 20% increase from FY2021.
S&W Seed Company (Nasdaq: SANW) will announce its financial results for the second quarter of fiscal year 2022, ending December 31, 2021, on February 10, 2022, before market opening. A conference call is scheduled for the same day at 11:00 AM ET to discuss the results. The company, founded in 1980, specializes in seed technology focusing on middle market crops and is a leader in proprietary alfalfa and sorghum seeds. The call can be accessed at the company’s Investor Relations website.
S&W Seed Company (Nasdaq: SANW) will participate in the Lytham Partners Winter 2021 Investor Conference from December 13-16, 2021. The company will hold a webcasted Fireside Chat on December 13 at 11:00 am ET, discussing its vision for 2022. Interested investors can join the chat through the company's website or the provided webcast link. Additionally, arrangements for 1x1 virtual meetings with management can be made by contacting Lytham Partners. S&W, a leader in seed technology, focuses on meeting the global demand for animal proteins and healthier diets.
S&W Seed Company (Nasdaq: SANW) appointed Elizabeth (Betsy) Horton as Executive Vice President and Chief Financial Officer, effective November 15, 2021. Horton succeeds Matthew Szot, who resigned but will assist during the transition. Previously the CFO at Miller Milling Company, Horton brings extensive finance experience, having worked for over 20 years at Cargill. S&W's CEO, Mark Wong, expressed optimism about Horton's leadership as the company aims for future growth.
S&W Seed Company (SANW) reported Q1 fiscal 2022 results, achieving core revenue growth of 27% to $15.5 million, driven by demand in the Middle East and Australia. GAAP gross margins improved to 20.1% from 12.9% a year prior. The company incurred a net loss of $6.4 million but improved from a Q1 2021 loss of $7.2 million. S&W anticipates fiscal 2022 core revenue between $80-$85 million, reflecting a potential increase of 15%-20% compared to last year.
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