OverviewSuggest Edit

AgroFresh (also known as AgroFresh Solutions) is a provider of science-based solutions, data-driven technologies, and services to enhance the quality and extend the shelf life of fresh produce. It offers solutions in various fresh produce categories, including apples, bananas, cherries, citrus, and pears, as well as avocados, kiwifruits, melons, ornamentals, peaches, and nectarines, plums, tomatoes, and others. The company supports growers, packers, and retailers by providing post-harvest solutions across the industry to enhance crop values while conserving the planet's resources and reducing food waste. AgroFresh offers The company offers the SmartFresh system, a product that regulates the post-harvest ripening effects of ethylene to preserve the texture, firmness, taste, and appearance of produce during storage, transportation, and retail display. It also provides Harvista technology for use in pre-harvest management of pome fruit, apples, pears, cherries, and blueberries. In addition, the company is developing RipeLock, a packaging- based freshness technology solution for fruits and vegetables; FreshCloud, a suite of monitoring and screening solutions; and LandSpring, a 1-Methylcyclopropene technology targeted to transplanted vegetable seedlings.
TypePublic
Founded2013
HQPhiladelphia, PA, US
Websiteagrofresh.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2019)292(+3%)
Job Openings12
Revenue (FY, 2020)$157.6 M(-7%)
Share Price (Jul 2021)$2(+4%)
Cybersecurity ratingBMore

Key People/Management at AgroFresh

Jordi Ferre

Jordi Ferre

CEO
Graham Miao

Graham Miao

CFO
Thomas Ermi

Thomas Ermi

VP, General Counsel
Ann Beaulieu

Ann Beaulieu

Vice President R&D and Regulatory
Tilo Gomez

Tilo Gomez

Director of Global FP&A
Karen Dangovetsky

Karen Dangovetsky

Global Human Resource Director
Show more

AgroFresh Office Locations

AgroFresh has offices in Philadelphia, Vacaria, Zona Artigianale and Paterna
Philadelphia, PA, US (HQ)
510-530 Walnut St
Vacaria, BR
Av. Militar, 272 - Diamantina
Zona Artigianale, IT
Via di Vittorio, 18a
Paterna, ES
Carrer Ciutat de Sevilla, 45
Show all (4)

AgroFresh Financials and Metrics

AgroFresh Revenue

AgroFresh's revenue was reported to be $157.64 m in FY, 2020
USD

Revenue (FY, 2020)

157.6m

Net income (FY, 2020)

(53.0m)

EBIT (FY, 2020)

8.5m

Market capitalization (28-Jul-2021)

104.3m

Closing stock price (28-Jul-2021)

2.0

Cash (31-Dec-2020)

50.0m

EV

322.2m
AgroFresh's current market capitalization is $104.3 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

164.0m178.8m170.1m157.6m

Revenue growth, %

9%(5%)

Cost of goods sold

32.7m46.3m45.0m

Gross profit

131.4m132.5m125.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

38.4m18.4m68.7m38.9m21.2m49.0m33.0m20.0m52.8m

Cost of goods sold

10.8m5.4m16.7m11.3m6.3m13.9m8.5m6.5m13.5m

Gross profit

27.5m13.0m52.0m27.6m14.9m35.1m24.5m13.5m39.3m

Gross profit Margin, %

72%71%76%71%70%72%74%68%74%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

64.5m34.9m29.3m50.0m

Accounts Receivable

71.5m67.9m68.6m63.2m

Inventories

24.1m24.8m22.6m24.6m

Current Assets

178.8m143.2m132.3m155.0m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

23.6m(30.2m)(61.5m)(53.0m)

Depreciation and Amortization

44.4m47.6m83.5m

Inventories

(2.5m)(1.6m)(388.0k)(1.7m)

Accounts Payable

(13.9m)(11.0m)6.5m4.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(12.9m)(31.3m)(28.3m)(12.6m)(34.9m)(31.9m)(3.8m)(20.6m)(42.9m)

Depreciation and Amortization

11.3m23.0m35.5m12.1m24.3m36.7m11.6m23.1m34.8m

Inventories

3.5m(5.1m)260.0k823.0k(1.1m)(4.4m)(3.5m)(4.0m)(2.3m)

Accounts Payable

(7.9m)(7.3m)(7.2m)654.0k4.8m3.9m421.0k83.0k(1.3m)
USDFY, 2017

Revenue/Employee

577.6k

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x
Show all financial metrics

AgroFresh Operating Metrics

AgroFresh's Customers was reported to be 3.9 k in Q3, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Countries

454545455050505050505050

Customers

3.7 k3.7 k3.7 k3.7 k3.9 k3.9 k3.9 k3.9 k

Patents Issued

303030

Patents and Patent Applications

500500
Show all operating metrics

AgroFresh Acquisitions / Subsidiaries

Company NameDateDeal Size
VerigoAugust 16, 2018
Tecnidex Sud Fruit (Pty) Ltd.December 01, 2017
AF Solutions Holdings LLC
AGFS Mexico, S. de R.L. de C.V.
AGFS Switzerland GmbH
AgroFresh Agriculture Technology Consulting (Shanghai) Co., Ltd.
AgroFresh Argentina S.R.L.
AgroFresh Australia Pty Ltd
AgroFresh Belgium B.V.B.A.
AgroFresh Brasil Ltda.
Show more

AgroFresh Revenue Breakdown

Embed Graph

AgroFresh revenue breakdown by business segment: 88.4% from AgroFresh Core and 11.6% from Tecnidex

AgroFresh revenue breakdown by geographic segment: 24.8% from North America, 18.7% from Latin America, 47.8% from EMEA and 8.7% from Asia Pacific

AgroFresh Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

AgroFresh Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

AgroFresh Online and Social Media Presence

Embed Graph

AgroFresh News and Updates

AgroFresh Solutions Announces Second Quarter 2021 Earnings Release Date

PHILADELPHIA, July 27, 2021 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (Nasdaq: AGFS), a global leader in produce freshness solutions, today announced that it will release second quarter results after the market closes on Tuesday, August 10, 2021, followed by a conference call at 4:30 p.m. ET t…

AgroFresh Announces Global Expansion of Control-Tec™ Sustainability Technology Systems

Leading Chilean cherry packer achieved 60% water and 48% fungicide reductions using the Control-Tec Cherry precision solution Leading Chilean cherry packer achieved 60% water and 48% fungicide reductions using the Control-Tec Cherry precision solution

AgroFresh Announces Global Licensing Agreement with Know Hub Chile for Innovative Natural Post-Harvest Solution

The global AgTech produce leader continues to grow its innovation pipeline with naturally derived technology that addresses superficial scald in apples and pears The global AgTech produce leader continues to grow its innovation pipeline with naturally derived technology that addresses superficial sc…

AgroFresh Solutions to Participate in BMO Capital Markets 16th Annual Farm to Market Virtual Conference

PHILADELPHIA, May 18, 2021 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (Nasdaq: AGFS), a global leader in produce freshness solutions, announced today that Clint Lewis, Chief Executive Officer, and Graham Miao, Chief Financial Officer, will participate virtually in the BMO Capital Markets 16th A…

AgroFresh Solutions Announces First Quarter 2021 Earnings Release Date

PHILADELPHIA, April 29, 2021 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (Nasdaq: AGFS), a global leader in produce freshness solutions, today announced that it will release first quarter results after the market closes on Thursday, May 13, 2021, followed by a conference call at 4:30 p.m. ET to …

AgroFresh Launches “Life Ultra” Edible Coating as it Expands its VitaFresh™ Botanicals Plant-based Platform

New edible coating uses nano emulsion technology to maximize produce freshness New edible coating uses nano emulsion technology to maximize produce freshness
Show more

AgroFresh Blogs

VitaFresh Botanicals Think outside the skin

https://youtu.be/2RvHRGTf3Ng   VitaFresh Botanicals, our plant-based edible coatings, offer new opportunities for retailers, helping to influence consumers’ enjoyment of fresh, tasty produce. They are turnkey and easy-to-apply, as part of regular packinghouse operations. AgroFresh provides customer…

Harvista 1.3SC – Ripe with opportunity

https://youtu.be/g-gN7VgIyLI   Harvista helps you put better precision into your planning as to when and how your pome fruit matures with better color and size The post Harvista 1.3SC – Ripe with opportunity appeared first on AgroFresh.

AgroFresh Announces Global Licensing Agreement with Know Hub Chile for Innovative Natural Post-Harvest Solution

The global AgTech produce leader continues to grow its innovation pipeline with naturally derived technology that addresses superficial scald in apples and pears    June 23, 2021  – AgroFresh Solutions, Inc., a global leader in produce freshness solutions, today announced an exclusive global licensi…

Insatiable Appetite interviews Jackson Kempker

Jackson Kempker, Sales Development Manager at AgroFresh has been interviewed by Insatiable Appetite. He explains how various AgroFresh products and services are working to lessen food loss as well as conserve resources throughout the supply chain – improving both the look and appeal of fresh produce…

Leadership Reimagined interviews Clint Lewis

Listen to our CEO Clinton Lewis interview to the Ellig Group podcast discussing how technology, innovation, and science is supporting to deliver safe and sustainable solutions that preserve the freshness of produce and minimize waste, directly impacting the consumer on a global scale. Listen the com…

Fruitbox interviews Carles Domenech about VitaFresh Botanicals

Carles Doménech Rodríguez, Global Coatings & Disinfectants Product Lead at AgroFresh has been interviewed by Chris White to introduce VitaFresh Botanicals, a set of edible, plant-based coatings  for crops such as citrus, avocados and mangoes. “VitaFresh gives retailers a much stronger opportunit…
Show more

AgroFresh Frequently Asked Questions

  • When was AgroFresh founded?

    AgroFresh was founded in 2013.

  • Who are AgroFresh key executives?

    AgroFresh's key executives are Jordi Ferre, Graham Miao and Thomas Ermi.

  • How many employees does AgroFresh have?

    AgroFresh has 292 employees.

  • What is AgroFresh revenue?

    Latest AgroFresh annual revenue is $157.6 m.

  • What is AgroFresh revenue per employee?

    Latest AgroFresh revenue per employee is $539.9 k.

  • Who are AgroFresh competitors?

    Competitors of AgroFresh include BASF, Syngenta and Taranis.

  • Where is AgroFresh headquarters?

    AgroFresh headquarters is located at 510-530 Walnut St, Philadelphia.

  • Where are AgroFresh offices?

    AgroFresh has offices in Philadelphia, Vacaria, Zona Artigianale and Paterna.

  • How many offices does AgroFresh have?

    AgroFresh has 4 offices.