Production board

Starco Brands Announces Fourth Quarter and Full Year 2023 Results and Business Update

Retrieved on: 
Wednesday, April 3, 2024
Online Retail, Cosmetics, Retail, Consumer, Wine & Spirits, Millennials, Food, Beverage, AOS, Total Wine & More, Sobeys, Depreciation, UNFI, Caramel, Marketing, Powder, Amazon, Partnership, Safeway, Ice, Acquisition, Kroger, Adjustment, AMC, GAAP, Museum, Administration, Soylent, Vanilla, Growth, Production board, Amazon (company), Albertsons, GV (company), NNDB, Video game

Reported net revenue for the fourth quarter of 2023 was $18.9 million, compared to $4.0 million in the fourth quarter of 2022.

Key Points: 
  • Reported net revenue for the fourth quarter of 2023 was $18.9 million, compared to $4.0 million in the fourth quarter of 2022.
  • Compensation expense was $10.6 million in the fourth quarter of 2023, compared to $0.8 million in the fourth quarter of 2022.
  • Professional fees were $1.7 million in the fourth quarter of 2023, compared to $0.8 million in the fourth quarter of 2022.
  • Adjusted EBITDA was approximately $2.1 million for the fourth quarter of 2023, compared to $1.5 million for the fourth quarter of 2022.

Starco Brands Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 14, 2023
Food Tech, Other Retail, Wine & Spirits, Specialty, Technology, Cosmetics, Retail, Other Technology, Sale, Acquisition, Behavior, GV (company), AOS, Marketing, Growth, Impulse (body mist), Vanilla, AMC, Sobeys, Administration, UNFI, Total Wine & More, EBITDA, NNDB, Safeway, Sean Hayes, Caramel, Kroger, History, Amazon (company), Millennials, GAAP, Elasticity, Partnership, War Production Board, Cardi B, Powder, Production board, Fry, Upfront Ventures, Albertsons, Fine chemical, Cryptocurrency, Rare-earth element, Video game, Grocery store, Tobacco, Music, Clothing, BevMo!, Nordstrom, Amazon, Sephora, Soylent, Meijer, Skyler, Ralphs, Walmart

Starco Brands, Inc. (the “Company” or “Starco Brands”) (OTCQB: STCB), developer and acquirer of behavior-changing technologies and brands that spark excitement in the everyday, today reported financial results for its third fiscal quarter and first nine months ended September 30, 2023.

Key Points: 
  • Starco Brands, Inc. (the “Company” or “Starco Brands”) (OTCQB: STCB), developer and acquirer of behavior-changing technologies and brands that spark excitement in the everyday, today reported financial results for its third fiscal quarter and first nine months ended September 30, 2023.
  • In July 2023, Starco Brands expanded Soylent’s retail distribution throughout Canada through a partnership with grocery wholesaler United Natural Foods, Inc. (UNFI).
  • Third Fiscal Quarter Ended September 30, 2023
    Reported net revenue for the third quarter of 2023 was $17.7 million, compared to $1.7 million in the third quarter of 2022.
  • Compensation expense was $1.8 million in the third quarter of 2023, compared to $176,148 in the third quarter of 2022.

Triplebar’s Latest $20M Financing Will Expand Its Product Portfolio Across Food and Biopharmaceuticals

Retrieved on: 
Monday, October 30, 2023
Hardware, Health Technology, Retail, Other Health, Technology, Pharmaceutical, Food Tech, Genetics, Science, Biotechnology, Software, Food, Beverage, Other Science, Health, Research, Taste, War Production Board, Water, FrieslandCampina, FAIRR, Mathematics, Therapy, Farm, Consultant, CMC, Livestock, Immortalised cell line, Entrepreneurship, Cosmetics, Protein, Nature, Quality of life, The Climate Corporation, Growth, Biology, Partnership, Farmer, Biochemistry, TPB, Production board, Agriculture, Levine, Food technology, Capital, Fine chemical, Pharmaceutical industry, Cryptocurrency

Triplebar announced $20M in new funding to expand its product portfolio in food and biopharmaceuticals.

Key Points: 
  • Triplebar announced $20M in new funding to expand its product portfolio in food and biopharmaceuticals.
  • Triplebar’s Hyper-Throughput™ screening platform acts as a “microprocessor for biology,” integrating hardware, software, biology and biochemistry to miniaturize and accelerate evolution.
  • “Our investors believe profoundly in our mission to reduce humanity’s footprint while greatly increasing our quality of life with better food and biopharmaceuticals,” said Triplebar CEO Maria Cho.
  • “For truly disruptive adoption to take place, alternative products need to at least match animal-based proteins on taste, price, convenience, and nutrition.

Biotech Executive Beth Thompson-Webb Joins Culture Biosciences’ Board of Directors

Retrieved on: 
Thursday, July 13, 2023
Science, Production board, DNA, Indiana University, Partnership, Sandbox Industries, GE HealthCare, Gene, Marketing, Associate degree, Biotechnology, United States Air Force Scientific Advisory Board, Life Technologies, Research, Doctor of Philosophy, Messenger, Adviser, Organization, Academic Structure of Indiana University (Bloomington), Bayer, Protein, Partner, Patient, Cell, Entrepreneurship, Culture, GE Digital, Independent, Management, Pharmaceutical industry, Biology

BOSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Culture Biosciences has appointed Beth Thompson-Webb, Chief Commercial Officer at Virica Biotech, as Independent Director to the company’s Board of Directors.

Key Points: 
  • BOSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Culture Biosciences has appointed Beth Thompson-Webb, Chief Commercial Officer at Virica Biotech, as Independent Director to the company’s Board of Directors.
  • “We are delighted to welcome Beth Thompson-Webb to our Board of Directors,” said Will Patrick, Chief Executive Officer of Culture Biosciences.
  • “I am excited to help Culture Biosciences navigate the promising field of innovation in upstream bioprocess development,” said Beth Webb, Chief Commercial Officer at Virica Biotech.
  • Beth currently serves as Director on the Board of SMSbiotech and on the Board of Advisors of Labviva.

Starco Brands Issues Business Update and Partial Guidance for Full-Year 2023

Retrieved on: 
Monday, July 10, 2023
Fashion, Online Retail, Cosmetics, Retail, Wine & Spirits, Specialty, Food, Beverage, Production board, Rising Star Award, Pepsi, South Indian International Movie Awards, Partnership, Powder, Snapple, Marketing, Integration, Culture, Brand, OTCQB, GV (company), AMC, The Summer I Turned Pretty (trilogy), Invention, Soylent, Amazon, Accounting, Pizza Hut, EV/Ebitda, EBITDA, Acquisition, Upfront Ventures, Art, Art of Sport, OTC, Meijer, Apple, Growth, R, VC, War Production Board, SB, Cardi B, Cryptocurrency, Fine chemical, Video game, Nordstrom, Sephora, Infiniti

Starco Brands, Inc. (OTCQB: STCB), developer and acquirer of behavior-changing technologies and brands that spark excitement in the everyday, today provided a business update and announced partial guidance for full-year 2023.

Key Points: 
  • Starco Brands, Inc. (OTCQB: STCB), developer and acquirer of behavior-changing technologies and brands that spark excitement in the everyday, today provided a business update and announced partial guidance for full-year 2023.
  • Addressing the Company's partial guidance, Starco Brands Chairman & CEO Ross Sklar said: "Starco Brand's year-end net revenue was $0.7 million in 2021 with an adjusted EBITDA of ($2.6 million).
  • With Starco Brands focusing on growing its retail business, Soylent expanded its distribution at Meijer to offer plant-based nutrition shakes in 260 stores.
  • Visit https://investors.starcobrands.com/presentations for an expanded view of Starco Brands' business update.

Lavoro To Begin Offering Customers Real-time Soil Analyses Through Partnership with Stenon

Retrieved on: 
Tuesday, June 20, 2023
Production board, Partnership, Magnesium, Farmer, Agriculture, War Production Board, Nutrient, Temperature, Carbon, Soil, Water, PH, Nitrogen, Phosphorus, Fertilizer

We believe Stenon’s FarmLab is an innovative tool that utilizes its sensor technology to generate cost efficient on-demand soil analysis in real time, a first-of-a-kind service in Latin America.

Key Points: 
  • We believe Stenon’s FarmLab is an innovative tool that utilizes its sensor technology to generate cost efficient on-demand soil analysis in real time, a first-of-a-kind service in Latin America.
  • In partnership with Stenon, Lavoro expects to offer soil analyses to its customers, enabling the precise identification of levels of chemical elements necessary for plant growth and yield optimization, such as nitrogen, phosphorus and magnesium, in addition to measuring other soil parameters such as temperature, pH and moisture in seconds.
  • We expect the first tests to take place with clients of Lavoro in the Paraná state of Brazil.
  • Ruy Cunha, CEO of Lavoro, stated, “Our partnership with Stenon is an extension of our strategy to offer Lavoro’s customers access to new tools that we believe can elevate their productivity.

Lavoro Reports First-Half Fiscal 2023 Results and Provides Full Year 2023 Guidance

Retrieved on: 
Monday, April 10, 2023
Metagenomics, Simon Borrows, Production board, Partnership, Malnutrition, Seed, Carbon footprint, RTV, Farmer, Fertilizer, Agriculture, Crop protection, War Production Board, Banca Nazionale del Lavoro, Acquisition, Soil, Water, AG, Growth, BASF, Adjustment, Radio, Music, Pharmaceutical industry, Bayer, Corteva

Net revenue /RTV was approximately $1 million in the first half fiscal 2023.

Key Points: 
  • Net revenue /RTV was approximately $1 million in the first half fiscal 2023.
  • On March 1, 2023, Lavoro began trading its shares on the Nasdaq stock exchange under the ticker symbols "LVRO" and "LVROW".
  • On July 29, 2022, Lavoro completed the acquisition of 100% interest in Provecampo, which agreement for acquisition was signed on June 2022.
  • On February 28, 2023, the Company entered into an agreement to acquire a controlling interest in Referência Agroinsumos.

Lavoro Announces the Execution of Agreements to Acquire Referência Agroinsumos

Retrieved on: 
Monday, March 13, 2023
Agriculture, Natural Resources, Other Natural Resources, Pesticide, Limited, City, Fertilizer, War Production Board, Acquisition, Seed, Production board, Bayer, RiceTec, Partnership, Banca Nazionale del Lavoro, Corteva

Lavoro Limited (Nasdaq: LVRO; LVROW), the first agricultural inputs distributor in Latin America to have its shares listed on Nasdaq, announces the execution of an agreement to acquire a controlling interest in Referência Agroinsumos.

Key Points: 
  • Lavoro Limited (Nasdaq: LVRO; LVROW), the first agricultural inputs distributor in Latin America to have its shares listed on Nasdaq, announces the execution of an agreement to acquire a controlling interest in Referência Agroinsumos.
  • "We are very happy with the arrival of Referência to the Lavoro group.
  • "We have great expansion plans for Referência in the coming years to strengthen our company's portfolio," adds Lavoro's CEO.
  • On March 1, 2023, Lavoro announced the beginning of trading of its shares on the Nasdaq stock exchange, under the ticker symbols "LVRO" and "LVROW".

Triplebar and Umami Meats Initiate Technology Collaboration To Optimize Cell Lines for Sustainable Seafood

Retrieved on: 
Thursday, March 2, 2023
Research, Genetics, Supermarket, Restaurant, Bar, Biotechnology, Food, Beverage, Health, Retail, Science, Other Science, War Production Board, Immortalised cell line, Software, Architecture, Biodiversity, Biology, Protein, Production board, Machine learning, Aquaculture, Wetland, Agriculture, Ecosystem, Biochemistry, Livestock, Water, Letter, Pressure, Partnership, TPB, FrieslandCampina, Fast food, Pharmaceutical industry, Fine chemical

Biotechnology company Triplebar and cultivated seafood platform company Umami Meats are partnering to co-develop optimized cell lines suitable for large-scale production of cultivated seafood – starting with one of the most popular and critically endangered fish species.

Key Points: 
  • Biotechnology company Triplebar and cultivated seafood platform company Umami Meats are partnering to co-develop optimized cell lines suitable for large-scale production of cultivated seafood – starting with one of the most popular and critically endangered fish species.
  • Together, Triplebar and Umami teams will work to improve the fitness and performance of cell lines to enable lower-cost, more efficient production of cultivated foods.
  • “The solution to the global seafood problem is to leverage science and technology to make high-quality food affordably and sustainably,” said Maria Cho, CEO of Emeryville, Calif.-based Triplebar.
  • Umami Meats has established a novel production process built around cell types which can rapidly produce mature muscle and fat.

Lavoro Limited Begins Trading on the Nasdaq Stock Market

Retrieved on: 
Wednesday, March 1, 2023
Retail, Environment, Other Retail, Agriculture, Green Technology, Natural Resources, United Nations, Carbon, Crop protection, Profit (economics), Food, Food security, FAO, Disease, Farmer, Acquisition, Health, Growth, Production board, Food and Agriculture Organization, War Production Board, Soil, Sustainability, Farm, Limited, Tobacco, Banca Nazionale del Lavoro

Lavoro Limited (“Lavoro” or the “Company”), the largest agricultural inputs retailer in Brazil, began trading today on the Nasdaq Stock Market (“Nasdaq”) following the completion of its business combination with TPB Acquisition Corporation I (“TPB Acquisition Corp.” or “TPBA”), a special purpose acquisition company sponsored by The Production Board.

Key Points: 
  • Lavoro Limited (“Lavoro” or the “Company”), the largest agricultural inputs retailer in Brazil, began trading today on the Nasdaq Stock Market (“Nasdaq”) following the completion of its business combination with TPB Acquisition Corporation I (“TPB Acquisition Corp.” or “TPBA”), a special purpose acquisition company sponsored by The Production Board.
  • “We are immensely excited to transition into the next phase of our company’s development as we begin trading on Nasdaq,” said Ruy Cunha, Chief Executive Officer of Lavoro.
  • At the same time, Lavoro believes it has also achieved robust organic growth through retail and product portfolio expansion, as well as operational improvements.
  • Thanks to Lavoro’s business model focused on direct collaboration with farmers to drive technology adoption, Lavoro can play a key role in increasing the agricultural sector’s productivity sustainably.