agrify corporation develops precision hardware and software grow solutions for the indoor agriculture marketplace. the company offers vertical farming units, integrated grow racks, and led grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. it also provides associated services comprising consulting, engineering, and construction. the company was formerly known as agrinamics, inc. and changed its name to agrify corporation in september 2019. agrify corporation was founded in 2016 and is based in burlington, massachusetts.
Company profile
Ticker
AGFY
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
TriGrow Systems LLC • AGM Service Company LLC • Ariafy Finance, LLC • Agxion, LLC • Harbor Mountain Holdings, LLC • Cascade Sciences, LLC • Precision Extraction NewCo, LLC • PurePressure, LLC • Pure Services LLC • Lab Society NewCo, LLC ...
IRS number
300943453
AGFY stock data
Latest filings (excl ownership)
8-K
Nature’s Miracle Holding Inc. and Agrify Corporation Agree to Merge
22 Apr 24
10-K
2023 FY
Annual report
15 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
6 Mar 24
424B1
Prospectus with pricing info
28 Feb 24
8-K
Agrify Corporation Announces Pricing of $2.6 Million Public Offering
28 Feb 24
FWP
Free writing prospectus
21 Feb 24
8-K
Agrify Corporation Announces Preliminary Unaudited Financial Results for Q4 2023 and Update on Customer Project
21 Feb 24
EFFECT
Notice of effectiveness
15 Feb 24
S-1/A
IPO registration (amended)
14 Feb 24
Transcripts
AGFY
Earnings call transcript
2022 Q3
9 Nov 22
AGFY
Earnings call transcript
2022 Q2
15 Aug 22
AGFY
Earnings call transcript
2021 Q1
11 May 22
AGFY
Earnings call transcript
2022 Q1
11 May 22
AGFY
Earnings call transcript
2021 Q4
23 Mar 22
AGFY
Earnings call transcript
2021 Q3
10 Nov 21
AGFY
Earnings call transcript
2021 Q2
13 Aug 21
AGFY
Earnings call transcript
2021 Q1
19 May 21
Latest ownership filings
SC 13D/A
Chang Raymond Nobu
29 Mar 24
4/A
Raymond Nobu Chang
29 Mar 24
3
Chinwei Wang
29 Mar 24
4
Raymond Nobu Chang
1 Mar 24
SC 13D/A
Chang Raymond Nobu
1 Mar 24
SC 13G/A
Alyeska Investment Group, L.P.
14 Feb 24
SC 13D
Chan I-Tseng Jenny
29 Jan 24
SC 13D/A
Chang Raymond Nobu
29 Jan 24
4
Raymond Nobu Chang
29 Jan 24
4
I-Tseng Jenny Chan
29 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
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) | 154.00 k | 154.00 k | 154.00 k | 154.00 k | 154.00 k | 154.00 k |
Cash burn (monthly) | 51.33 k | 166.42 k | 1.53 mm | 6.85 mm | 4.77 mm | 3.33 mm |
Cash used (since last report) | 352.10 k | 1.14 mm | 10.47 mm | 46.98 mm | 32.71 mm | 22.83 mm |
Cash remaining | -198.10 k | -987.45 k | -10.31 mm | -46.83 mm | -32.55 mm | -22.68 mm |
Runway (months of cash) | -3.9 | -5.9 | -6.8 | -6.8 | -6.8 | -6.8 |
Institutional ownership, Q2 2023
34.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 2 |
Closed positions | 8 |
Increased positions | 3 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 304.76 mm |
Total shares | 4.74 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Raymond Nobu Chang | 2.37 mm | $687.00 k |
AdvisorShares Trust | 1.08 mm | $5.01 mm |
AXS Investments | 574.00 k | $108.14 mm |
Hudson Bay Capital Management | 350.00 k | $65.94 mm |
Vanguard | 189.76 k | $35.75 mm |
Two Sigma Securities | 46.90 k | $8.84 mm |
BLK Blackrock | 25.61 k | $4.82 mm |
Fortis Capital Management | 19.78 k | $3.73 mm |
Geode Capital Management | 17.96 k | $3.38 mm |
Marathon Capital Management | 16.00 k | $60.16 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Feb 24 | Raymond Nobu Chang | Common Stock | Buy | Acquire P | Yes | No | 0.38 | 1,578,947 | 600.00 k | 1,578,947 |
28 Feb 24 | Raymond Nobu Chang | Common Stock | Buy | Acquire P | Yes | No | 0.38 | 263,157 | 100.00 k | 1,717,051 |
28 Feb 24 | Raymond Nobu Chang | Common Stock | Buy | Acquire P | Yes | No | 0.38 | 1,842,104 | 700.00 k | 3,295,998 |
25 Jan 24 | Raymond Nobu Chang | Common Stock | Conversion | Acquire C | Yes | No | 0 | 1,335,817 | 0.00 | 1,453,894 |
25 Jan 24 | Raymond Nobu Chang | Convertible Note Common Stock | Conversion | Dispose C | Yes | No | 1.46 | 2,671,633 | 3.90 mm | 10,273,973 |
25 Jan 24 | I-Tseng Jenny Chan | Common Stock | Conversion | Acquire C | Yes | No | 1.46 | 445,272 | 650.10 k | 445,272 |
25 Jan 24 | I-Tseng Jenny Chan | Common Stock | Conversion | Acquire C | Yes | No | 1.46 | 445,272 | 650.10 k | 445,272 |
25 Jan 24 | I-Tseng Jenny Chan | Common Stock | Conversion | Acquire C | Yes | No | 1.46 | 445,272 | 650.10 k | 445,272 |
25 Jan 24 | I-Tseng Jenny Chan | Convertible Note Common Stock | Conversion | Dispose C | Yes | No | 1.46 | 2,671,633 | 3.90 mm | 10,273,973 |
News
12 Industrials Stocks Moving In Thursday's After-Market Session
18 Apr 24
12 Industrials Stocks Moving In Thursday's Intraday Session
18 Apr 24
12 Industrials Stocks Moving In Wednesday's After-Market Session
17 Apr 24
12 Industrials Stocks Moving In Wednesday's Intraday Session
17 Apr 24
Ancillary Cannabis Co.'s Stock Surges On News Of Merger With California Provider Of CEA Products And Solution
17 Apr 24
Press releases
Nature's Miracle Holding Inc. and Agrify Corporation Agree to Merge
17 Apr 24
Agrify Corporation Reports Full-Year 2023 Earnings
15 Apr 24
Agrify Corporation Announces Turnkey Extraction Equipment Deal with Multi-State Operator Justice Cannabis Co. Expanding into New Jersey Market
13 Mar 24
Agrify Corp Stock Presents Compelling Opportunity As Deal Flow Intensifies ($AGFY)
7 Mar 24
Agrify Corp Stock Soars On Deal Announcement; Adds Firepower To A Milestone Filled February ($AGFY)
6 Mar 24