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Danimer Scientific Inc's Business Segments
Danimer Scientific Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
1
Largest Segment
Foreign
Total Revenue
$ 9
Regions Reported
1
Revenue Share by Reportable Segment - FY
- Foreign7.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Foreign | $ 1 | 7.4% |
Revenue Share by Region - FY
- Foreign7.4%
Revenue by Geographic Region - FY
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Foreign | $ 1 | 7.4% |
Revenue by Product & Service Category - FY
- Product92.4%
- Service7.6%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 8 | 92.4% |
| Service | $ 1 | 7.6% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Foreign7.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Foreign | $ 1 | 7.4% |
Description of Danimer Scientific Inc
Danimer Scientific Inc. is a leading sustainable materials company that focuses on developing and producing biodegradable and compostable polymers. Founded in 2004, the company is headquartered in Bainbridge, Georgia.
Danimer Scientific utilizes its proprietary technology platform to create sustainable alternatives to traditional plastic products. The company's biopolymers are derived from renewable resources such as plant oils and are designed to break down naturally in various environments, including landfills, oceans, and industrial composting facilities.
The company's flagship product, Nodax™, is a bio-based polymer that can be used in a wide range of applications, including packaging films, disposable cutlery, straws, bottles, and many other single-use plastic alternatives. Nodax™ is highly versatile and can also be used as a coating for paper, providing an eco-friendly solution for various industries.
One of the key advantages of Danimer Scientific's biopolymers is their ability to efficiently degrade without leaving behind microplastics or harmful residues. This makes them a sustainable alternative to traditional plastics that often take hundreds of years to decompose and contribute to the growing plastic pollution crisis.
Danimer Scientific has experienced significant growth over the years due to the increasing demand for sustainable materials. The company has partnered with numerous brands, retailers, and manufacturers to develop customized solutions that align with their sustainability goals. Some notable collaborations include partnerships with Bacardi, Nestlé, Pepsico, Mars, and many others.
In addition to its biopolymer manufacturing capabilities, the company also focuses on research and development to continuously improve its products and introduce innovative solutions to the market. Danimer Scientific invests in research partnerships, collaborative projects, and global initiatives to advance the use of biodegradable materials and reduce plastic waste.
The company is committed to sustainability and aims to provide a long-term solution to the plastic pollution problem. Danimer Scientific actively supports initiatives that promote circular economy principles, such as recycling and responsible waste management. It advocates for stricter regulations governing the use of single-use plastics and actively participates in industry associations and organizations to drive sustainable change.
Overall, Danimer Scientific is at the forefront of developing and commercializing environmentally friendly materials that can replace traditional plastics. Its innovative biodegradable biopolymers have the potential to revolutionize the packaging and plastics industry, reducing the environmental impact and promoting a more sustainable future.
Danimer Scientific utilizes its proprietary technology platform to create sustainable alternatives to traditional plastic products. The company's biopolymers are derived from renewable resources such as plant oils and are designed to break down naturally in various environments, including landfills, oceans, and industrial composting facilities.
The company's flagship product, Nodax™, is a bio-based polymer that can be used in a wide range of applications, including packaging films, disposable cutlery, straws, bottles, and many other single-use plastic alternatives. Nodax™ is highly versatile and can also be used as a coating for paper, providing an eco-friendly solution for various industries.
One of the key advantages of Danimer Scientific's biopolymers is their ability to efficiently degrade without leaving behind microplastics or harmful residues. This makes them a sustainable alternative to traditional plastics that often take hundreds of years to decompose and contribute to the growing plastic pollution crisis.
Danimer Scientific has experienced significant growth over the years due to the increasing demand for sustainable materials. The company has partnered with numerous brands, retailers, and manufacturers to develop customized solutions that align with their sustainability goals. Some notable collaborations include partnerships with Bacardi, Nestlé, Pepsico, Mars, and many others.
In addition to its biopolymer manufacturing capabilities, the company also focuses on research and development to continuously improve its products and introduce innovative solutions to the market. Danimer Scientific invests in research partnerships, collaborative projects, and global initiatives to advance the use of biodegradable materials and reduce plastic waste.
The company is committed to sustainability and aims to provide a long-term solution to the plastic pollution problem. Danimer Scientific actively supports initiatives that promote circular economy principles, such as recycling and responsible waste management. It advocates for stricter regulations governing the use of single-use plastics and actively participates in industry associations and organizations to drive sustainable change.
Overall, Danimer Scientific is at the forefront of developing and commercializing environmentally friendly materials that can replace traditional plastics. Its innovative biodegradable biopolymers have the potential to revolutionize the packaging and plastics industry, reducing the environmental impact and promoting a more sustainable future.