OverviewSuggest Edit

Cadiz's primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage and agriculture.

TypePublic
Founded1988
HQLos Angeles, US
Websitecadizinc.com

Latest Updates

Employees (est.) (Dec 2018)9(-10%)
Revenue (FY, 2018)$440 K
Share Price (Oct 2019)$11.8 (+2%)

Key People/Management at Cadiz

Scott S. Slater

Scott S. Slater

Chief Executive Officer, President
Keith Brackpool

Keith Brackpool

Chairman of the Board
Show more

Cadiz Office Locations

Cadiz has an office in Los Angeles
Los Angeles, US (HQ)
550 S Hope St #2850
Show all (1)

Cadiz Financials and Metrics

Cadiz Revenue

Cadiz's revenue was reported to be $440 k in FY, 2018
USD

Revenue (Q2, 2019)

111.0k

EBIT (Q2, 2019)

(3.2m)

Market capitalization (16-Oct-2019)

317.9m

Closing stock price (16-Oct-2019)

11.8

Cash (31-Dec-2018)

12.6m

EV

441.7m
Cadiz's current market capitalization is $317.9 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

301.0k304.0k412.0k437.0k440.0k

Cost of goods sold

555.0k334.0k

Gross profit

(254.0k)(30.0k)

Gross profit Margin, %

(84%)(10%)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

182.0k4.0k11.0k305.0k18.0k38.0k227.0k75.0k108.0k120.0k108.0k108.0k111.0k108.0k109.0k112.0k109.0k111.0k

Cost of goods sold

292.0k282.0k291.0k

Gross profit

(110.0k)23.0k(64.0k)

Gross profit Margin, %

(60%)8%(28%)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

11.9m16.2m2.7m12.2m13.0m12.6m

Accounts Receivable

291.0k239.0k187.0k39.0k36.0k38.0k

Inventories

Current Assets

12.5m16.8m3.2m15.6m13.5m13.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

5.1m7.5m5.3m3.4m10.6m6.4m2.1m5.9m3.9m9.4m19.4m16.1m8.6m20.2m17.7m

Accounts Receivable

356.0k301.0k243.0k530.0k95.0k283.0k38.0k58.0k66.0k84.0k50.0k56.0k38.0k106.0k106.0k

Inventories

217.0k111.0k205.0k68.0k184.0k

Current Assets

6.2m8.4m6.2m4.4m11.4m7.2m2.7m6.3m7.4m10.2m20.0m16.6m9.3m20.9m18.3m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(22.7m)(18.9m)(24.0m)(26.3m)(33.9m)(26.3m)

Depreciation and Amortization

254.0k254.0k270.0k292.0k274.0k258.0k

Inventories

Accounts Payable

43.0k(533.0k)9.0k130.0k(79.0k)(98.0k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

(16.7m)(9.2m)(16.8m)(14.4m)(19.6m)(7.2m)(20.8m)(26.8m)(6.0m)(12.0m)(18.2m)(14.7m)

Depreciation and Amortization

191.0k64.0k127.0k190.0k61.0k126.0k198.0k73.0k146.0k219.0k71.0k143.0k212.0k66.0k130.0k194.0k66.0k132.0k

Inventories

(217.0k)(68.0k)

Accounts Payable

173.0k(249.0k)315.0k324.0k253.0k195.0k(63.0k)350.0k414.0k40.0k(53.0k)528.0k114.0k502.0k663.0k668.0k
Show all financial metrics

Cadiz Online and Social Media Presence

Embed Graph

Cadiz News and Updates

Cadiz to Present at B. Riley FBR Consumer & Media Conference

LOS ANGELES, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”), a natural resources leader dedicated to pursuing sustainable projects, announced that Scott Slater, President & CEO, will present at the 5th Annual B. Riley FBR Annual Consumer & Media Confer…

Cadiz Enters Hemp Business

With its long-awaited water project encountering yet another delay, Los Angeles water developer Cadiz Inc.read more

Cadiz Inc. Statement on Passage of Senate Bill 307 by California State Assembly

LOS ANGELES, July 12, 2019 (GLOBE NEWSWIRE) -- Today, Cadiz Inc. (the “Company”) (NASDAQ: CDZI) announced that the California State Assembly considered and passed Senate Bill 307 (“SB 307”), a measure designed to require additional state review of the Cadiz Water Project. The legislation will now …

New Directors Elected to Cadiz Inc Board at Annual Meeting

LOS ANGELES, July 11, 2019 (GLOBE NEWSWIRE) -- Cadiz Inc. (“the Company”, NASDAQ:CDZI) is pleased to announce that eleven directors, including two new board members, were elected to the Company’s Board of Directors at the 2019 Annual Meeting of Shareholders held yesterday July 10, 2019. The two ne…

Cadiz Inc. Announces New Hemp Crop Research at Cadiz Valley Ranch Agricultural Operation

LOS ANGELES, July 02, 2019 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ: CDZI) (the “Company”) is pleased to announce it has begun an experimental commercial hemp research program at its agricultural property in Cadiz, California, in the Mojave Desert approximately 100 miles northeast of Palm Springs. T…

Cadiz beat Espanyol in Copa del Rey clash

Cadiz prevailed 2-1 over Espanyol in the first leg of their Copa del Rey round of 32 tie.
Show more

Cadiz Blogs

Cadiz Inc Issues Statement on Signing of New California Hemp Industry Law

Today, Cadiz Inc. [NASDAQ:CDZI] (the “Company”) reported that California Governor Gavin Newsom signed into law Senate Bill 153 (Wilk) (“SB 153”), which requires the state’s hemp regulations to be in full compliance with federal law legalizing industrial hemp.  The new state law, which was widely sup…

Recent Occurrences of Railroad Fire Remind Why Cadiz Fire Suppression Solution Is Important

Since our founding, Cadiz has focused on sustainable, innovative solutions to California’s challenges. The Cadiz Water Project seeks to provide a new, sustainable source of water to more than 400,000 Southern California residents every year by conserving groundwater lost to evaporation in the Mojave…

Recent Occurrences of Railroad Fire Reminder Why Cadiz Fire Suppression Solution Important

Since our founding, Cadiz has focused on sustainable, innovative solutions to California’s challenges. The Cadiz Water Project seeks to provide a new, sustainable source of water to more than 400,000 Southern California residents every year by conserving groundwater lost to evaporation in the Mojave…

Protected: Recent Occurrences of Railroad Fire Reminder Why Cadiz Fire Suppression Solution Important

There is no excerpt because this is a protected post.

Stewardship of Groundwater at Cadiz

As the largest agricultural operation in San Bernardino County, Cadiz takes seriously the responsible stewardship of our groundwater at Cadiz Ranch, which lies at the base of a watershed that is estimated to include 20 – 40 million acre-feet of water in storage, more than...

Cadiz Inc. is getting into the hemp business

While it’s too soon to talk numbers, SoCal Hemp could provide a boost to the local economy, said Jay Prag, professor of economics at Claremont Graduate University’s Drucker School of Management. “It’s a very good use of the land and the resources in that part of...
Show more

Cadiz Frequently Asked Questions

  • When was Cadiz founded?

    Cadiz was founded in 1988.

  • Who are Cadiz key executives?

    Cadiz's key executives are Scott S. Slater and Keith Brackpool.

  • How many employees does Cadiz have?

    Cadiz has 9 employees.

  • What is Cadiz revenue?

    Latest Cadiz annual revenue is $440 k.

  • What is Cadiz revenue per employee?

    Latest Cadiz revenue per employee is $48.9 k.

  • Who are Cadiz competitors?

    Competitors of Cadiz include Sabella, Ocean Power Technologies and ET Water.

  • Where is Cadiz headquarters?

    Cadiz headquarters is located at 550 S Hope St #2850, Los Angeles.

  • Where are Cadiz offices?

    Cadiz has an office in Los Angeles.

  • How many offices does Cadiz have?

    Cadiz has 1 office.