AquaBounty is a small company with offices in Maynard, Massachusetts and Fortune, Prince Edward Island. Founded in 1991, AquaBounty’s driving force is the belief that modern genetics, married with technological advances in aquaculture production, can spur a radically more responsible and sustainable way of farming Atlantic salmon. Breakthroughs in modern bioscience have revitalized aquaculture and AquaBounty is at the forefront of this Blue Revolution.

TypePublic
HQMaynard, US
Founded1991
Size (employees)11 (est)
Websiteaquabounty.com
AquaBounty Technologies was founded in 1991 and is headquartered in Maynard, US
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Key People/Management at AquaBounty Technologies

Ronald L. Stotish

Ronald L. Stotish

Executive Director, President and Chief Executive Officer

AquaBounty Technologies Office Locations

AquaBounty Technologies has an office in Maynard
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AquaBounty Technologies Financials and Metrics

AquaBounty Technologies Revenue

USD

Net income (Q2, 2018)

(5.2m)

EBIT (Q2, 2018)

(5.2m)

Cash (30-Jun-2018)

3.5m

EV

58.2m
USDQ1, 2017Q2, 2017Q1, 2018Q2, 2018

Sales and marketing expense

208.3k202.9k81.6k158.0k

General and administrative expense

1.1m950.3k1.4m3.2m

R&D expense

720.0k936.3k977.8k1.9m

Operating expense total

2.0m2.1m2.5m5.3m
USDQ1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

25.5m8.0m6.8m3.5m

Accounts Receivable

92.5k161.0k

Inventories

101.0k78.3k125.3k82.4k

Current Assets

25.9m8.6m7.4m4.1m
USDQ1, 2017Q2, 2017Q1, 2018Q2, 2018

Net Income

(2.1m)(4.1m)(2.4m)(5.2m)

Depreciation and Amortization

46.9k91.6k67.5k273.6k

Inventories

(101.0k)(78.3k)46.0k88.7k

Accounts Payable

(508.4k)(783.4k)
USDY, 2018

EV/EBIT

-11.1 x

EV/CFO

-10.9 x

Financial Leverage

1.2 x
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AquaBounty Technologies Online and Social Media Presence

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AquaBounty Technologies News and Updates

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AquaBounty Technologies Blogs

We need smarter regulation of food and agricultural biotechnology

Executive Summary In the early 1970s a group of scientists — none involved in agriculture or food — raised concerns about the hypothetical hazards that might arise from the use of the newly discovered molecular genetic modification techniques (recombinant DNA read more The post We need smarter regu…

Transgenic fish food for healthier salmonwdxefcqufszuzezftuxetqsqxt

Oil from a genetically engineered oilseed crop could be used to feed farmed salmon and increase their levels of beneficial omega-3 fatty acids, according to researchers. Salmon are an important source of omega-3 fatty acids, which can protect against cardiovascular read more The post Transgenic fis…

20th Annual Global Investment Conference, September 4-6, 2018 at The St. Regis New York, NYC

Ron Stotish, CEO, AquaBounty Technologies, Inc. gave a presentation at the 20th Annual Global Investment Conference in New York City on Thursday, September 6, 2018.  You can watch the webcast of his presentation by going to this webcast link. The post 20th Annual Global Investment Conference, Septem…

The first GMO fish for human consumption will be produced in Indiana

The first genetically-modified animal for human consumption could be arriving in grocery stores across the United States as early as next year. Massachusetts-based AquaBounty Technologies has developed a biotech salmon that it plans to grow near no major body of read more The post The first GMO fis…

AquAdvantage Salmon’s journey to market: Still making history

Making History is what AquaBounty Technologies has been doing ever since it was created in 1991. Originally named AF Protein (for antifreeze protein, the original focus of research), the Company was created to commercialize a fast-growing Atlantic salmon. This salmon, created read more The post Aqu…

Replacing meat with farmed salmon reduces pressure on farmland and protects the planet

Without meat and dairy consumption, global farmland use could be reduced by more than 75%. What about farmed salmon, where a large part of feed comes from agriculture, e.g. soy. Should we all become vegans? Two interesting recent reports address read more The post Replacing meat with farmed salmon …
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AquaBounty Technologies Company Life and Culture

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