Ceres, Inc. is an agricultural biotechnology company that develops and markets seeds to produce crops for forage, biofuels and other markets that utilize plant biomass. The company’s advanced plant breeding and biotechnology technology platforms, which can increase crop productivity, improve quality, reduce crop inputs and improve cultivation on marginal land, have broad application across multiple crops, including food, feed, fiber and fuel crops. Ceres markets its seed products under its Blade brand. The company also licenses its biotech traits and technology, including its Persephone genome visualization software, to other life science companies and organizations.
Type
Subsidiary
HQ
Thousand Oaks, US
Founded
1996
Website
ceres.net
Ceres was founded in 1996 and is headquartered in Thousand Oaks, US

Ceres Office Locations

Ceres has an office in Thousand Oaks
Thousand Oaks, US (HQ)
1535 Rancho Conejo Blvd

Ceres Data and Metrics

Ceres Summary

Founding Date

1996

Total Funding

$98 m

Investors

Ceres Financial Metrics

Ceres's revenue was reported to be $2.7 m in FY, 2015 which is a 13% increase from the previous period.
USDFY, 2013FY, 2014FY, 2015

Revenue

5.2 m2.4 m2.7 m

Revenue growth, %

(54%)13%

Cost of goods sold

6.2 m3 m5.3 m

Gross profit

(1 m)(617 k)(2.5 m)

Gross profit Margin, %

(19%)(26%)(94%)

R&D expense

16.4 m14.2 m9.7 m

General and administrative expense

15.2 m14.5 m15.9 m

Operating expense total

31.6 m28.6 m25.6 m

EBIT

(32.6 m)(29.3 m)(28.2 m)

EBIT margin, %

(622%)(1217%)(1036%)

Interest expense

(46 k)(68 k)(30 k)

Interest income

126 k5 k28 k

Pre tax profit

(32.5 m)(29.3 m)(28.2 m)

Income tax expense

(1 k)(1 k)(1 k)

Net Income

(32.5 m)(29.3 m)(28.2 m)
USDFY, 2013FY, 2014FY, 2015

Cash

8.9 m3.4 m8.1 m

Accounts Receivable

957 k370 k577 k

Inventories

20 k84 k50.5 m

Current Assets

32.4 m29.3 m9.8 m

PP&E

4.6 m3 m1.3 m

Total Assets

37.2 m32.4 m11.1 m

Accounts Payable

3.8 m4.3 m4.4 m

Total Debt

236 k88 k

Current Liabilities

4 m4.7 m5.2 m

Additional Paid-in Capital

308 m331.6 m335.4 m

Retained Earnings

(274.6 m)(303.9 m)(332.1 m)

Total Equity

33 m27.6 m4.2 m

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

1.1 x1.2 x2.6 x
USDFY, 2013FY, 2014FY, 2015

Net Income

(32.5 m)(29.3 m)(28.2 m)

Depreciation and Amortization

1.9 m1.5 m657 k

Accounts Receivable

(195 k)589 k(208 k)

Inventories

679 k(61 k)65 k

Accounts Payable

21.1 m

Cash From Operating Activities

(27.9 m)(22.6 m)(23.2 m)

Purchases of PP&E

(892 k)(1 m)(387 k)

Cash From Investing Activities

16 m(3.6 m)24.1 m

Cash From Financing Activities

(180 k)20.6 m2.7 m

Ceres Online and Social Media Presence

Ceres News and Updates

Ceres Company Life and Culture

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