Bioceres Crop Solutions Corp.

Description

Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops. The Crop Protection segment develops, produces, and markets Rizoderma, adjuvants, therapies, herbicides, insecticides, fungicides, and baits. The Crop Nutrition segment develops, produces, commercializes, and sells inoculants, bio-inductors, and biological and microgranulated fertilizers. It also offers HB4, a drought tolerant seed technology program. The company operates in Argentina, Brazil, North America, Europe, the Middle East, South America, the United States, and internationally. Bioceres Crop Solutions Corp. was founded in 2001 and is headquartered in Rosario, Argentina.

About

CEO
Dr. Federico Trucco Ph.D.
Employees
0
Instrument type
Common Stock
Sector
Basic Materials
Industry
Agricultural Inputs
MIC code
XNGS
Address
Ocampo 210 bis, Rosario, 2000, Argentina
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
No data available
Moving Averages
No data available

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Feb 12, 2025
Nov 12, 2024 -0.01 -0.09 -0.08 800.00%
Sep 10, 2024 0.24 -0.03 -0.27 -112.50%
May 14, 2024 0.17 0.14 -0.03 -17.65%
Feb 9, 2024 0.09 0.02 -0.07 -77.78%

Earnings estimate

Next Quarter
(Mar 2025)
Current Year
(Jun 2025)
Next Year
(Jun 2026)
Number of analysts 3 3 2
Average estimate -0.03 0.28 0.54
Low estimate -0.08 0.16 0.46
High estimate 0.02 0.43 0.61
Last year EPS 0.14 0.05 0.28
[stock_revenue_estimate]

Growth estimates

Current qtr
9,515.380%
Next qtr. (Mar 2025)
-121.580%
Current year (Jun 2025)
457.770%
Next year (Jun 2026)
91.070%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Jan 28, 2025
Oppenheimer
Kristen Owen
Maintains Outperform ▼ Lowers $13 → $12
Nov 13, 2024
Canaccord Genuity
Austin Moeller
Maintains Buy ▼ Lowers $10 → $9.5
Oct 21, 2024
Oppenheimer
Kristen Owen
Maintains Outperform ▼ Lowers $16 → $13
Oct 17, 2024
Canaccord Genuity
Austin Moeller
Maintains Buy ▼ Lowers $12.5 → $10
Sep 11, 2024
Canaccord Genuity
Austin Moeller
Maintains Buy ▼ Lowers $17 → $12.5
Sep 11, 2024
Lake Street
Ben Klieve
Maintains Buy ▼ Lowers $25 → $13
Sep 11, 2024
Oppenheimer
Kristen Owen
Maintains Outperform ▼ Lowers $17 → $16
Sep 11, 2024
Roth MKM
Scott Fortune
Maintains Buy ▼ Lowers $15 → $13
Jul 19, 2024
Canaccord Genuity
Austin Moeller
Assumes Buy Announces $17
Jul 2, 2024
Roth MKM
Scott Fortune
Reinstates Buy Announces $15
Feb 9, 2024
Roth MKM
Brian Wright
Maintains Buy ▲ Raises $20 → $21
Nov 1, 2023
Roth MKM
Brian Wright
Maintains Buy ▼ Lowers $31 → $20
Sep 12, 2023
Lake Street
Ben Klieve
Maintains Buy ▼ Lowers $30 → $25
Sep 12, 2023
Roth MKM
Brian Wright
Reiterates Buy Maintains $31
Aug 16, 2023
Roth MKM
Reiterates Buy
Apr 6, 2023
Oppenheimer
Kristen Owen
Initiates Outperform Announces $15
Sep 30, 2022
Canaccord Genuity
Bobby Burleson
Initiates Buy Announces $22.5
Oct 8, 2021
Roth Capital
Brian Wright
Initiates Buy Announces $21
Mar 15, 2021
Lake Street
Initiates Buy

Income statement

2024 2023 2022 2021 2020
Fiscal date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total reported revenue 464.83M 419.45M 328.46M 206.70M 172.35M
Cost of revenue 282.40M 240.59M 203.68M 116.81M 93.41M
Gross profit 182.43M 178.85M 124.78M 89.89M 78.94M
Operating expense
Research & development 17.18M 15.35M 6.95M 5.62M 4.20M
Selling general and admin 94.27M 85.54M 57.36M 36.24M 28.92M
Other operating expenses 5.09M 982,780 4.78M 863,671 813,525
Operating income 41.52M 54.31M 40.32M 37.95M 38.17M
Non operating interest income
Income
Expense 24.12M 21.23M 14.95M 18.92M 19.40M
Other income expense -4.62M -11.42M -8.33M -6.18M -20.06M
Pretax income 10.04M 19.11M 14.06M 10.53M 6.44M
Tax provision 3.78M -1.07M 17.97M 14.35M 2.21M
Net income 6.26M 20.17M -3.91M -3.82M 4.24M
Basic EPS 0.05 0.30 -0.17 -0.18 0.09
Diluted EPS 0.05 0.30 -0.17 -0.18 0.09
Basic average shares 62.84M 62.15M 42.30M 39.22M 36.12M
Diluted average shares 62.84M 62.15M 42.30M 39.22M 36.12M
EBITDA 64.12M 72.34M 47.68M 42.89M 53.11M
Net income from continuing op. 6.26M 20.17M -3.91M -3.82M 4.24M
Minority interests -3.01M -1.39M -3.29M -3.05M -877,453
Preferred stock dividends

Balance sheet

2024 2023 2022 2021 2020
Fiscal date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 850.63M 818.06M 518.22M 394.59M 297.56M
Current assets
Cash 44.47M 48.13M 32.91M 28.33M 20.18M
Cash equivalents 562,380 7.72M 22.35M
Cash and cash equivalents 44.47M 48.13M 33.48M 36.05M 42.52M
Other short term investments 11.70M 11.92M 5.14M 10.74M 9.05M
Accounts receivable 207.32M 158.01M 111.75M 88.78M 73.55M
Other receivables 2.83M 1.86M 2.39M 103,974 207,168
Inventory 126.22M 140.57M 126.10M 63.35M 30.30M
Prepaid assets 10.24M 10.96M 4.65M 1.78M 461,651
Restricted cash 212,703 265,123 425,976 4.39M
Assets held for sale
Hedging assets
Other current assets
Non current assets
Properties 60.66M 57.31M 52.80M 42.81M 35.81M
Land and improvements
Machinery furniture equipment 22.61M 19.80M 27.72M 20.49M 18.56M
Construction in progress 12.28M 11.91M 3.14M 2.00M 1.27M
Leases
Accumulated depreciation -9.38M -7.23M -21.61M -16.02M -13.01M
Goodwill 399.48M 398.11M 148.85M 124.84M 86.39M
Investment properties 560,783 3.59M
Financial assets
Intangible assets 174.80M 173.78M 76.70M 67.34M 35.33M
Investments and advances 40.42M 39.74M 39.17M 31.75M 24.98M
Other non current assets 42.93M 9.65M 6.51M 5.97M 4.40M
Total liabilities 501.06M 487.56M 359.92M 304.30M 236.81M
Current liabilities
Accounts payable 161.93M 146.26M 124.41M 69.25M 53.76M
Accrued expenses
Short term debt 139.87M 111.50M 72.71M 77.54M 64.39M
Deferred revenue 3.92M 24.88M 5.90M 6.28M 2.87M
Tax payable 10.47M 4.07M 8.80M 10.01M 3.72M
Pensions 7.34M 9.61M 7.62M 4.68M 4.51M
Other current liabilities 4.81M 1.42M 3.05M
Non current liabilities
Long term debt 131.08M 145.91M 97.07M 97.04M 84.70M
Provision for risks and charges
Deferred liabilities 34.50M 35.79M 29.01M 25.70M 16.86M
Derivative product liabilities 1.69M
Other non current liabilities 2.50M 3.58M 9.85M 11.79M 452,654
Shareholders equity
Common stock 6,500 6,493 4,637 4,158 3,613
Retained earnings -10.66M -13.90M -32.68M -25.48M -18.61M
Other shareholders equity 633,487 1.12M 1.98M -27.37M -35.80M
Total shareholders equity 349.56M 330.50M 158.30M 90.29M 60.75M
Additional paid in capital 326.86M 326.25M 157.90M 119.75M 96.49M
Treasury stock 31.29M 30.55M 3.53M 3.53M 30,906
Minority interest 35.30M 31.65M 30.68M 22.55M 14.57M

Cash flow statement

20242023202220212020201920192018
Operating Activities
Net Income6.26M20.17M-3.91M-3.82M4.24M-16.36M742,351-14.31M
Depreciation21.30M19.39M9.19M6.26M4.73M4.83M4.37M
Deferred Taxes3.78M-1.07M17.97M14.35M2.21M6.99M-10.93M
Stock-Based Compensation14.13M3.42M1.43M1.66M3.43M-102,82730,005
Other Non-Cash Items38.34M43.00M20.43M27.05M31.99M45.71M43.21M
Accounts Receivable-51.65M-68.34M-32.27M-6.34M-26.61M47.26M17.83M
Accounts Payable-4.50M53.48M-5.83M8.27M-33.70M-35.29M
Other Assets & Liabilities-4.10M-12.26M-82.06M-47.52M-21.67M-23.30M9.44M
Operating Cash Flow28.06M-192,302-15.74M-14.20M6.59M31.33M742,35114.35M
Investing Activities
Capital Expenditures-9.45M-11.22M-1.41M-2.50M-1.60M-1.73M-2.68M
Net Intangibles-1.14M-449,673-389,039-7.21M-1.59M-722,833-614,529
Net Acquisitions37,5084.37M253,921-129,340
Purchase of Investments-7.21M-8.99M-2.06M-4.28M-3.36M-116.15M
Sale of Investments888,1401.32M12.33M9.32M5,041
Investing Cash Flow-15.74M-14.52M8.44M2.81M-4.95M-1.86M-232.30M-5.30M
Financing Activities
Long-Term Debt Issuance135.82M79.82M140.43M143.50M135.35M88.69M27.75M
Long-Term Debt Payments-117.49M-20.60M-111.69M-117.27M-101.75M-111.08M-200,000-37.62M
Other Financing Charges-2.92M-5.22M-904,967-1.42M2.30M413,9024.88M-1.79M
Financing Cash Flow14.67M51.00M27.80M17.87M33.53M-26.95M117.18M-10.46M
Other Cash Details
End Cash Position44.47M48.13M33.48M36.05M42.52M3.45M337,0042.22M
Income Tax Paid
Interest Paid
Free Cash Flow18.93M-19.97M-26.51M-20.13M4.82M26.25M-1.00M12.68M

Top Institutional Holders

Holder Date Reported Shares Value % Held
Global X Fds-Global X MSCI Argentina ETF Nov 30, 2024 587,582 3.92M 0.94%
Unified Series Trust-Ballast Small/Mid Cap ETF Sep 30, 2024 271,138 1.81M 0.43%
Royce Smaller Companies Growth Fund Sep 30, 2024 155,000 1.03M 0.25%
Datum One Series Tr-Polar Capital Emerging Market Stars Fd Sep 30, 2024 96,703 645,009 0.15%
Royce Micro Cap Trust Sep 30, 2024 50,000 333,500 0.08%
Global Macro Capital Opportunities Portfolio Oct 31, 2024 50,100 334,167 0.08%
Fidelity NASDAQ Composite Index Fund Nov 30, 2024 38,927 259,643 0.06%
Royce Small Cap Trust, Inc. Sep 30, 2024 24,147 161,060 0.04%
DFA U.S. Micro Cap Series Oct 31, 2024 15,939 106,313 0.03%
DFA U.S. Small Cap Series Oct 31, 2024 9,257 61,744 0.01%
Bioceres Crop Solutions Updates Second Fiscal Quarter 2025 Expectations Article
Bioceres Crop Solutions Updates Second Fiscal Quarter 2025 Expectations
ROSARIO, Argentina--(BUSINESS WIRE)--Bioceres Crop Solutions Corp. (NASDAQ: BIOX) today provided preliminary revenues, gross profit and adjusted EBITDA for the fiscal second quarter, ended December 31, 2024. Second quarter revenues are expected to be approximately $105 million, with gross profit of $45 million and adjusted EBITDA of $15 million. These results reflect challenging conditions in Argentina, which remains a decisive market for the financial performance of the company in the first ha.
Business Wire Neutral
Feb 6, 2025
Bioceres Crop Solutions to Host Fiscal Second Quarter 2025 Financial Results Conference Call on Wednesday, February 12, 2025 at 8:30 a.m. Eastern Time Article
Bioceres Crop Solutions to Host Fiscal Second Quarter 2025 Financial Results Conference Call on Wednesday, February 12, 2025 at 8:30 a.m. Eastern Time
ROSARIO, Argentina--(BUSINESS WIRE)--Bioceres Crop Solutions Corp. (NASDAQ: BIOX) (“Bioceres” or the “Company”), a leader in the development and commercialization of productivity solutions designed to regenerate agricultural ecosystems while making crops more resilient to climate change, will hold a conference call on Wednesday, February 12, 2025 at 8:30 a.m. Eastern Time to discuss its results for the fiscal second quarter ended December 31, 2024. A press release detailing these results will b.
Business Wire Neutral
Jan 30, 2025
Bioceres Is Getting Cheaper, Not Yet An Opportunity But More Interesting Article
Bioceres Is Getting Cheaper, Not Yet An Opportunity But More Interesting
Bioceres' 1Q25 results were challenging due to adverse weather in Argentina, affecting crop nutrition, protection, and seeds, but potential recovery is expected in 2Q25. BIOX has depreciated significantly, now trading at $6.7 per share, with a market cap of $400 million, making it a more interesting Hold. Despite some improvements, HB4 commercialization remains underwhelming, and financial risks persist, warranting caution before investing in potential developments.
Seeking Alpha Neutral
Nov 13, 2024
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