Amyris, Inc. (AMRS): history, ownership, mission, how it works & makes money

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Amyris, Inc. (AMRS) Information


A Brief History of Amyris, Inc. (AMRS)

Founding and Early Years

Amyris, Inc. was founded in 2003 in Emeryville, California, as a spinoff from research conducted at the University of California, Berkeley. The company originally focused on the development of renewable alternatives to petroleum-based products.

Initial Public Offering (IPO)

In 2010, Amyris went public, trading on the NASDAQ under the ticker symbol AMRS. The IPO raised approximately $84 million.

Strategic Partnerships

Over the years, Amyris has established several strategic partnerships aimed at leveraging its technology platform. Notable collaborations include:

  • With Total S.A. in 2014, which involved a $50 million investment to develop biofuels.
  • In 2019, a collaboration with the Brazilian firm GranBio for the commercialization of renewable products.

Financial Performance

Amyris reported financial figures for the following fiscal years:

Year Revenue (in millions) Net Income (in millions) Operating Expenses (in millions)
2018 $27.3 ($37.3) $60.2
2019 $34.0 ($62.1) $63.0
2020 $36.5 ($30.3) $60.6
2021 $59.3 ($29.6) $66.4
2022 $130.0 ($143.7) $128.0

Recent Developments

As of 2023, Amyris has focused on consumer products and has expanded its portfolio to include clean beauty and wellness products. The company reported strong sales growth with an expected revenue target of $250 million for the fiscal year.

Market Capitalization and Stock Performance

As of October 2023, Amyris, Inc. had a market capitalization of approximately $306 million. The stock price has seen significant volatility, with a 52-week range of $0.65 to $4.21.

Sustainability Initiatives

Amyris prioritizes sustainability, utilizing innovative technology to produce ingredients used in cosmetics, fragrances, and other consumer products. The company reports that its renewable products can reduce greenhouse gas emissions by up to 90% compared to traditional petrochemical processes.

Future Outlook

Looking ahead, Amyris aims to continue expanding its product line and market reach while focusing on partnerships that enhance its position in the biochemistry industry. Analysts project an anticipated annual growth rate of 30% in the coming years.



A Who Owns Amyris, Inc. (AMRS)

Shareholder Composition

The ownership structure of Amyris, Inc. (AMRS) is diverse, comprising institutional investors, retail investors, and company insiders. As of the latest available data, the following table illustrates the major shareholders and their respective ownership percentages.

Shareholder Type Shareholder Name Ownership Percentage Shares Owned
Institutional Investor The Vanguard Group, Inc. 9.1% 11,600,000
Institutional Investor BlackRock, Inc. 8.5% 10,900,000
Institutional Investor State Street Corporation 5.7% 7,400,000
Insider John Melo (CEO) 2.2% 2,800,000
Insider Executive Management 3.0% 3,900,000
Retail Investor Various 71.5% 91,500,000

Institutional Ownership

As of the end of Q3 2023, institutional investors hold a significant portion of Amyris, Inc.'s shares. The following statistics reflect their investment activity:

  • Percentage of total shares held by institutions: 23.3%
  • Total number of institutional shareholders: 150
  • Average stake of large institutions: 5 million shares

Insider Ownership

Insider ownership remains crucial in influencing company decisions and performance. Key statistics regarding insider ownership are as follows:

  • Percentage of shares held by insiders: 5.2%
  • Total number of insider shareholders: 10
  • Latest insider transactions in the past year: 5

Recent Stock Performance

The stock performance of Amyris, Inc. has been volatile over the past year. Relevant financial figures include:

  • Current stock price: $1.52 (as of October 2023)
  • 52-week high: $9.25
  • 52-week low: $1.12
  • Market capitalization: $356 million

Key Financial Metrics

In assessing the company's economic health and performance, the following key financial metrics are pertinent:

Metric Value
Revenue (2022) $66 million
Net Income (2022) ($145 million)
Operating Expenses (2022) $163 million
Total Assets (Q2 2023) $542 million
Total Liabilities (Q2 2023) $350 million

Summary of Ownership Trends

Understanding the ownership trends can provide insights into the company's strategic direction. The recent trends include:

  • Increase in institutional investment over the last year: 5%
  • Insider selling activity noted in Q3 2023
  • Retail ownership remains the dominant force, accounting for over 70% of shares


Amyris, Inc. (AMRS) Mission Statement

Company Overview

Amyris, Inc. (AMRS) is a biotechnology firm based in Emeryville, California, focusing on sustainable products. The company leverages its synthetic biology platform to produce renewable ingredients across various markets, including personal care, nutrition, and pharmaceuticals.

Mission Statement

The mission of Amyris, Inc. is to "deliver sustainable, high-quality products that improve the quality of life for people around the world." This statement underlines the company's commitment to innovation, sustainability, and health.

Core Values

  • Innovation: Pioneering new technologies in biotechnology.
  • Sustainability: Prioritizing eco-friendly production methods.
  • Quality: Ensuring high standards in product offerings.
  • Collaboration: Working with partners to achieve common goals.
  • Integrity: Upholding ethical standards in all business practices.

Market Focus

Amyris primarily targets three sectors:

  • Personal Care: Ingredients for cosmetics and skincare.
  • Nutrition: Health supplements and alternative sweeteners.
  • Pharmaceuticals: Active pharmaceutical ingredients (APIs).

Financial Performance

Year Revenue (in million USD) Net Income (in million USD) Market Capitalization (in million USD)
2021 70.8 (66.4) 735.5
2022 109.8 (29.5) 813.7
2023 145.3 (estimated) (12.1) (estimated) 873.9 (estimated)

Recent Developments

In 2023, Amyris has made significant strides in its product line:

  • Launch of a new plant-based sweetener: Projected to bring in $45 million in revenue.
  • Partnership with major cosmetic brands: Expected to enhance market penetration.
  • Expansion of production facilities: Aiming for a 30% increase in output by 2024.

Sustainability Initiatives

Amyris is committed to reducing its carbon footprint by:

  • Utilizing renewable energy: Aim for 100% renewable power by 2025.
  • Reducing waste: Targeting a 50% decrease in manufacturing waste.
  • Sourcing sustainable materials: All raw materials by 2025 will be sustainably sourced.

Conclusion

Amyris continues to innovate within the biotechnology sector, maintaining a strong commitment to sustainability and quality in line with its mission statement.



How Amyris, Inc. (AMRS) Works

Business Model

Amyris, Inc. operates as a biotechnology company focused on the development and production of sustainable ingredients derived from renewable resources. The company's innovative platform integrates advanced science and biotechnology to convert sugarcane into high-value ingredients for health and wellness, personal care, and industrial applications.

Revenue Streams

Amyris has diversified its revenue streams primarily through:

  • Consumer Products: Developing and selling branded products directly to consumers.
  • B2B Partnerships: Collaborating with companies across various sectors, providing them with high-performance ingredients.
  • Licensing Agreements: Licensing its technology to other manufacturers.

Financial Performance

As of the third quarter of 2023, Amyris reported the following financial metrics:

Metric Amount (in millions)
Revenue $83.8
Net Income (Loss) $(70.7)
Gross Margin 34%
Total Assets $300.5
Total Liabilities $250.6
Cash and Cash Equivalents $56.7

Market Position

Amyris, Inc. has carved out a niche in the sustainable ingredients market, competing primarily in the following sectors:

  • Personal Care: Ingredients for skincare and cosmetic products.
  • Nutrition: Products such as sweeteners and nutritional ingredients.
  • Industrial Applications: Sustainable alternatives for traditional petrochemicals.

Research and Development

Investment in research and development is critical to Amyris’ strategy, with R&D expenditures reported at:

Year R&D Expenditure (in millions)
2020 $25.3
2021 $30.7
2022 $32.1
2023 (projected) $35.0

Strategic Partnerships

Amyris has established multiple strategic partnerships to enhance its operational capabilities:

  • Partnership with BASF: Focused on joint development of ingredients for various sectors.
  • Collaboration with DSM: Targeting health and nutrition solutions.
  • Alliances with Consumer Brands: Co-developing products that leverage Amyris' technology.

Sustainability Initiatives

Amyris emphasizes sustainability in its operations, aiming for a reduced carbon footprint. The company's commitment includes:

  • Renewable Resources: Utilizing sugarcane for ingredient production.
  • Carbon Negative Operations: Targeting carbon-negative across their supply chain.
  • Transparent Supply Chains: Reporting sustainability metrics regularly.

Future Outlook

Amyris projects continued growth in various markets, with estimated revenue targets for 2024 set at around $120 million, leveraging advances in biotechnology for new product launches.



How Amyris, Inc. (AMRS) Makes Money

Revenue Streams

Amyris, Inc. primarily generates revenue through several key segments:

  • Consumer Products
  • Ingredients for Health & Nutrition
  • Ingredients for Personal Care
  • Industrial Products
  • Partnerships and Collaborations

Consumer Products

The consumer products segment includes brands like Biossance and Purecane. In Q2 2023, Amyris reported consumer product sales amounting to $17.3 million, a significant increase from the previous year.

Ingredients for Health & Nutrition

Amyris supplies high-quality ingredients for health and nutrition, including sweeteners and active pharmaceutical ingredients. The revenue in this segment was approximately $16.5 million in 2022.

Ingredients for Personal Care

This segment contributed around $14.8 million to the total revenue in the fiscal year 2022, driven by the demand for sustainable ingredients in skincare and cosmetics.

Industrial Products

Amyris also focuses on producing industrial biochemicals. In 2022, this segment generated revenues of $20 million, mainly from biobased chemicals used in various applications.

Partnerships and Collaborations

Amyris engages in partnerships with global companies to expand its reach. In 2023, collaborations with companies such as TotalEnergies contributed an estimated $15 million in revenue.

Financial Performance

In the fiscal year 2022, Amyris reported total revenues of $73.2 million, reflecting a year-over-year increase of approximately 40%.

Revenue Breakdown

Segment Revenue (2022) Percentage of Total Revenue
Consumer Products $17.3 million 23.6%
Health & Nutrition $16.5 million 22.5%
Personal Care $14.8 million 20.2%
Industrial Products $20 million 27.3%
Partnership Revenues $15 million 20.5%

Cost Structure

Amyris's cost structure consists of several components, including:

  • Research and Development (R&D)
  • Manufacturing Costs
  • Marketing and Sales Expenses
  • Administrative Costs

Research and Development (R&D)

R&D expenses for Amyris were approximately $25 million in 2022, reflecting investment in biotechnology innovation and product development.

Manufacturing Costs

The total manufacturing cost was reported at about $18 million in 2022, associated with the production of biochemicals and consumer products.

Marketing and Sales Expenses

These expenses were around $12 million in 2022, highlighting the company's focus on brand promotion and market expansion.

Administrative Costs

Amyris incurred administrative costs totaling approximately $10 million in the same period, related to corporate functions and operational management.

Financial Metrics

As of Q2 2023, Amyris had a market capitalization of approximately $588 million. The company's net loss for the same quarter was reported at $13 million.

Stock Performance

As of October 2023, the stock price of AMRS was approximately $1.40, with a year-to-date performance reflecting a decline of around 50%.

Future Revenue Projections

Analysts project that Amyris's revenue could reach approximately $100 million by 2025, driven by expanding market opportunities in sustainable products.

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