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Arcadia Biosciences Inc   (NASDAQ: RKDA)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $0.4726 $0.00 0.127%
Day's High: $0.4797999858856201 Week Perf: -8.94 %
Day's Low: $ 0.46 30 Day Perf: -33.9 %
Volume (M): 12,286 52 Wk High: $ 6.71
Volume (M$): $ 0 52 Wk Avg: $2.02
Open: $0.47 52 Wk Low: $0.38



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 3
 Employees 8
 Revenues (TTM) (Millions $) 5
 Net Income (TTM) (Millions $) -11
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Business Description


We, a corporation formed in 2002, are an agricultural biotechnology trait company engaged in the development of traits that improve food, feed and fiber crops and enhance the value of the resulting agricultural products. Our customers include seed companies who incorporate these traits into their elite varieties to increase the value of a crop for farmers, as well as food and feed companies who make products that increase the choices and nutritional value of foods for consumers.

We are focused on two distinct areas of the agricultural supply chain:


Improvement of crop yield by mitigating the impacts of abiotic stresses such as drought, heat, nutrient deficiency, water scarcity, and soil salinity. These stresses are prevalent in most agricultural environments with varying degrees of severity and often have material consequences on crop production, quality, and farmer incomes. Our traits have been introgressed into several crops, including rice, wheat, and soybeans, and we have demonstrated significant yield improvements in multiple years of field testing. In addition to improving the efficiency of agricultural productions, these traits also have the potential of reducing the impact of agriculture on the environment by lowering water requirements and reducing the occurrence of excess nitrogen runoff from intensive farming.


Enhancement of the nutritional quality of crops by changing the compositional quality of oilseeds and grains. We currently produce and market the SONOVA® brand of oil containing Gamma Linolenic Acid (GLA), an omega-6 fatty acid derived from safflower. We recently received GRAS notification (generally recognized as safe) from the FDA for use of SONOVA GLA safflower oil in medical foods and nutritional beverages, which we expect will expand the market for this product. In addition, we are in late stage development of Resistant Starch (RS) wheat, a product with twice as much fiber content as conventional wheat. This and other wheat quality products in our pipeline are being developed using our non-transgenic TILLING technology platform.

Our business model is to access trait technologies that have already achieved proof of concept whether in a public research program or with commercial partners. We further develop these technologies by optimizing their function and validating their performance through intensive field trial testing in multiple crops under varying growth conditions, thereby better establishing commercial viability for resulting products. We then license our technologies to major seed and consumer product companies who perform additional testing and product development and, where needed, generate the requisite data to support regulatory submissions and approvals. License agreements with our partners may include financial and non-financial milestones. When products containing our traits are commercialized we will receive a share of the revenue. In select instances, we also work with our commercial partners to make the regulatory filings required to support commercial launch of the traits in order to increase our share of the revenue.

We use both genetically modified, or GM, and non-GM technologies to develop our traits. This approach allows us to select the most appropriate technology for development of a particular trait, crop and market. However, a key component of the development cycle of GM traits is that U.S., or in some instances, global deregulation of the trait by one or more regulatory agencies may be required. As there continues to be a significant debate about the role of GM traits in agricultural crops, we have seen this issue begin to impact some regulatory agencies which exercise control over the pace of deregulation of products, thereby allowing commercialization. We have recently experienced delays in the review of many of our high value traits principally due to inaction from these government regulatory authorities. For example, in India, where regulators have not approved field trials for testing of GM traits for the last two years, we estimate the impact to trait development and crop commercialization timelines of our license partner in India, Maharashtra Hybrid Seeds Company Ltd. (“Mahyco”), could be at least two to three year delay.



   Company Address: 5956 Sherry Lane Dallas 75225 TX
   Company Phone Number: 974-8921   Stock Exchange / Ticker: NASDAQ RKDA


Customers Net Income grew by RKDA's Customers Net Profit Margin grew to

35.2 %

8.84 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AVD        6.39% 
CBUS   -3.64%    
CVI        6.56% 
DD   -3.93%    
EMN   -2.52%    
HON   -3.6%    
• View Complete Report
   



Business Update

Arcadia Biosciences Poised for Investor Call as Mixed Financials Unveil Resilient Stock Performance

Published Mon, May 20 2024 4:30 AM UTC

DALLAS - Arcadia Biosciences, Inc. (Nasdaq: RKDA), a company known for its innovative, plant-based health and wellness products, is set to host a call for analysts and investors on May 22, 2024, after market close. The conference call, scheduled for 4:30 p.m. Eastern time (1:30 p.m. Pacific time), will focus on recent strategic transactions and provide a detailed overview o...

Business Update

Arcadia Biosciences: Combating Declining Revenues and Competitor Pressure in the Plant-Based Health Industry

Published Sun, May 19 2024 3:39 AM UTC

A Challenging Year for Arcadia Biosciences: Evaluating Recent Transactions and Comparing CompetitorsArcadia Biosciences, a prominent producer and marketer of plant-based health and wellness products, recently announced that it will be hosting an investor call to discuss its recent strategic transactions. The company has scheduled the call for May 22, 2024, after market close...

Business Update

Arcadia Biosciences Discusses Recent Transactions as Revenues Show Signs of Recovery

Published Sat, May 18 2024 12:15 AM UTC

On May 22, 2024, Arcadia Biosciences, a prominent producer and marketer of plant-based health and wellness products, held an investor call to discuss its recent strategic transactions. This article delves into the company s performance and analyzes its key financial indicators, shedding light on the challenges faced and the subsequent steps taken to improve business operatio...

Business Update

Arcadia Biosciences to Discuss Recent Strategic Transactions and Market Challenges

Published Fri, May 17 2024 3:15 PM UTC

Arcadia Biosciences, a leading producer and marketer of plant-based health and wellness products, has announced that it will host an investor call to discuss its recent strategic transactions. The company will hold the conference call on May 22, 2024, at 4:30 p.m. Eastern time. This call will be open to analysts and investors who are interested in gaining insights into Arcad...

Business Update

Arcadia Biosciences Announces Sale of Resistant Starch Durum Wheat Trait to Corteva Agriscience

Published Tue, May 14 2024 2:47 PM UTC

In a strategic move to enhance its focus on plant-based health and wellness products, Arcadia Biosciences, Inc. (Nasdaq: RKDA), a leading producer and marketer, has recently sold its non-GMO Resistant Starch (RS) Durum Wheat trait to its long-term partner, Corteva Agriscience. The agreement, which entails a $4 million deal, allows Arcadia to retain the rights to continue usi...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.30
Price to Sales (Expected) -
Price to Book 2.23
PEG (TTM) -

Financial Strength Current
Quick Ratio 2.54
Working Capital Ratio 3.49
Leverage Ratio (MRQ) 8.31
Total Debt to Equity -
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -4.56 $
Revenues (TTM) 1.59 $
Cash Flow (TTM) -
Cash 1.4 $
Book Value 0.21 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 593,250
Net Income per Employee (TTM) -1,391,375
Receivable Turnover Ratio (TTM) 8.48
Inventory Turnover Ratio (TTM) 2.8
Asset Turnover Ratio (TTM) 0.67

Profitability Ratios Current
Gross Margin (MRQ) 43.73 %
Operating Margin (MRQ) -34.37 %
Net Margin (MRQ) -434.23 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Arcadia Biosciences Inc's Segments
Product    176.23 % of total Revenue





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