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 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.
FY, 2013FY, 2014FY, 2015

Revenue

$5.2 m$2.4 m$2.7 m

Revenue growth, %

(54%)13%

Cost of goods sold

$6.2 m$3 m$5.3 m

Gross profit

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

Gross profit Margin, %

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

R&D expense

$16.4 m$14.2 m$9.7 m

General and administrative expense

$15.2 m$14.5 m$15.9 m

Operating expense total

$31.6 m$28.6 m$25.6 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 k$5 k$28 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)
FY, 2013FY, 2014FY, 2015

Cash

$8.9 m$3.4 m$8.1 m

Accounts Receivable

$132.3 m

Inventories

$50.5 m

Current Assets

$32.4 m$29.3 m$9.8 m

PP&E

$4.6 m$3 m$1.3 m

Total Assets

$37.2 m$32.4 m$11.1 m

Accounts Payable

$111.6 m

Total Debt

$236 k$88 k

Current Liabilities

$4 m$4.7 m$5.2 m

Additional Paid-in Capital

$308 m$331.6 m$335.4 m

Retained Earnings

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

Total Equity

$33 m$27.6 m$4.2 m

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

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

Net Income

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

Depreciation and Amortization

$1.9 m$1.5 m$657 k

Accounts Receivable

$81.3 m

Inventories

$16.2 m

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 m$2.7 m

Ceres Online Presence

Ceres News

Ceres Company Life

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