S&W Seed ( (SANW) ) has released its Q2 earnings. Here is a breakdown of the information S&W Seed presented to its investors.
S&W Seed Company, a global leader in proprietary sorghum seeds, focuses on multi-crop agriculture with an emphasis on sustainable biofuel feedstocks like camelina, headquartered in Longmont, Colorado.
S&W Seed Company reported its second-quarter fiscal 2025 financial results, highlighting a repositioning of its operations to concentrate on the Americas and the completion of a Voluntary Administration process in Australia. The company also implemented an operating optimization plan and secured a new $25 million credit facility.
Key financial metrics for the quarter show a revenue drop to $5.1 million, a 38.5% decrease compared to the previous year, with a gross profit margin of 37.1%. Operating expenses rose to $6.2 million, contributing to a net loss from continuing operations of $6.3 million. Despite challenges, the company reported a GAAP net loss of $1.7 million, an improvement from last year’s $6.5 million loss. Adjusted EBITDA was negative at $2.9 million, reflecting ongoing restructuring efforts.
S&W’s CEO, Mark Herrmann, expressed optimism for the rest of fiscal 2025, expecting positive adjusted EBITDA for the next six months. The company continues to focus on its high-margin Double Team sorghum solutions and is exploring strategic alternatives to enhance shareholder value.