Login

Zymergen Inc.

zymergen.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Aug 15, 2022. Its latest SEC filing is a 15-12G from Oct 31, 2022.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Develops biology-based products for agriculture, packaging, healthcare, and other industries. Offers lab automation technology to organizations seeking to improve laboratory operations.

How Did They Make Money?

Customers pay for research and development work, usually through fixed fees across several phases and quarterly payments as work progresses. Some contracts add bonuses or milestone payments when results are accepted, or royalties tied to related sales.

FY2021 revenue

Who Were Their Customers?

Companies contract with Zymergen for research and development to improve bio-based products; it also works with partners to develop materials they commercialize together.

Customers above 10% of revenue, FY2021
of revenue from three customers (25%, 23%, 14%)
FY2019: 49% from three customers

Did Revenues Turn Into Profits?

No. It lost $361.8M in FY2021.

Operating income, FY2021
−2076% of revenue
▲ +44% (Loss) vs FY2020 (−$241.1M, −1815%)
Net income, FY2021
−2161% of revenue
▲ +38% (Loss) vs FY2020 (−$262.2M, −1974%)
Free cash flow, FY2021
−2006% of revenue
▲ +40% (Loss) vs FY2020 (−$240.4M, −1809%)

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q2 FY2022, the three months to Jun 30, 2022
Revenue
▼ −55%
vs $5.9M in Q2 FY2021
Net income
▲ +15% (Loss)
vs −$100.9M in Q2 FY2021
  • Oct 19, 2022 Ginkgo completed its acquisition of Zymergen Zymergen shares no longer trade on Nasdaq following the merger.

Grew. Revenue grew 9% in 2 years, from $15.4M in FY2019 to $16.7M in FY2021, about 4% a year.

Who Did They Compete With?

Competes with Stora Enso, Georgia-Pacific, Mondi, Sabic, Arkema, Victrex, Schott, Corning, Kolon, New England Biolabs, Hongene, Tinzyme, ThermoFisher, Aldevron, TriLink, LifeMine Therapeutics, Hexagon Biomay, Strateos, HighRes Biosolutions, and Biosero

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support