AgroFresh Solutions Inc. is an AgTech innovator and global leader with a mission to prevent food loss/waste and conserve the planet's resources by providing a range of science-based solutions, data-driven digital technologies and high-touch customer services. AgroFresh supports growers, packers and retailers with solutions across the food supply chain to enhance the quality and extend the shelf life of fresh produce. The AgroFresh organization has 40 years of post-harvest experience across a broad range of crops, including revolutionizing the apple industry with the SmartFresh™ Quality System for more than 20 years. This is powered by a comprehensive portfolio that includes plant-based coatings, equipment and proprietary solutions that help improve the freshness supply chain from harvest to the home.
Company profile
Ticker
AGFS
Exchange
Website
CEO
Jordi Ferre
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Boulevard Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
AF Solutions Holdings LLC • AgroFresh Inc. • AgroFresh Solutions Singapore Pte. Ltd. • AgroFresh Chile Comercial Limitada • AgroFresh Canada ULC • AgroFresh Japan LLC • AgroFresh Netherlands B.V. • AgroFresh Argentina S.R.L. • AgroFresh Agriculture Technology • AgroFresh Australia Pty Ltd ...
AGFS stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
10 Apr 23
EFFECT
Notice of effectiveness
7 Apr 23
EFFECT
Notice of effectiveness
7 Apr 23
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Mar 23
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Mar 23
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Mar 23
POS AM
Prospectus update (post-effective amendment)
31 Mar 23
POS AM
Prospectus update (post-effective amendment)
31 Mar 23
SC 13E3/A
Going private transaction (amended)
31 Mar 23
8-K
Entry into a Material Definitive Agreement
31 Mar 23
Transcripts
AGFS
Earnings call transcript
2022 Q3
10 Nov 22
AGFS
Earnings call transcript
2022 Q2
13 Aug 22
AGFS
Earnings call transcript
2022 Q1
12 May 22
AGFS
Earnings call transcript
2021 Q4
10 Mar 22
AGFS
Earnings call transcript
2021 Q3
11 Nov 21
AGFS
Earnings call transcript
2021 Q2
11 Aug 21
AGFS
Earnings call transcript
2021 Q1
14 May 21
AGFS
Earnings call transcript
2020 Q4
11 Mar 21
AGFS
Earnings call transcript
2020 Q3
8 Nov 20
AGFS
Earnings call transcript
2020 Q2
10 Aug 20
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 54.36 mm | 54.36 mm | 54.36 mm | 54.36 mm | 54.36 mm | 54.36 mm |
Cash burn (monthly) | (no burn) | 631.25 k | 1.86 mm | 2.12 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 10.01 mm | 29.49 mm | 33.60 mm | n/a | n/a |
Cash remaining | n/a | 44.34 mm | 24.86 mm | 20.76 mm | n/a | n/a |
Runway (months of cash) | n/a | 70.2 | 13.4 | 9.8 | n/a | n/a |
Institutional ownership, Q1 2023
74.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 37 |
Opened positions | 5 |
Closed positions | 16 |
Increased positions | 15 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 26.82 bn |
Total shares | 40.00 mm |
Total puts | 63.50 k |
Total calls | 10.90 k |
Total put/call ratio | 5.8 |
Largest owners | Shares | Value |
---|---|---|
DD DuPont de Nemours | 22.69 mm | $151.60 mm |
T. Rowe Price Investment Management | 7.40 mm | $22.21 mm |
Highland Capital Management Fund Advisors | 2.02 mm | $6.06 bn |
First Manhattan | 1.22 mm | $3.65 bn |
TSP Capital Management | 975.00 k | $2.93 bn |
Vanguard | 969.68 k | $2.91 bn |
Ergoteles | 895.94 k | $2.69 bn |
Dimensional Fund Advisors | 654.48 k | $1.96 bn |
Bridgeway Capital Management | 514.39 k | $1.54 bn |
Tudor Investment Corp Et Al | 485.01 k | $1.46 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Apr 23 | PSP Agfs | Series B Convertible Preferred Stock Common Stock | Sale back to company | Acquire D | Yes | No | 1771.68 | 145,046 | 256.98 mm | 0 |
31 Mar 23 | David McInerney | Common Stock | Sale back to company | Dispose D | No | No | 3 | 40,322 | 120.97 k | 0 |
31 Mar 23 | Peter Sykes | Common Stock | Sale back to company | Dispose D | No | No | 3 | 47,587 | 142.76 k | 0 |
31 Mar 23 | Kay Kuenker | Common Stock | Sale back to company | Dispose D | No | No | 3 | 73,030 | 219.09 k | 0 |
31 Mar 23 | Devine Denise L | Common Stock | Sale back to company | Dispose D | No | No | 3 | 42,522 | 127.57 k | 0 |