earnings
confidence high
sentiment neutral
materiality 0.75
Arcadia Biosciences Q4 revenue +56% YoY to $1.2M; net loss widens; Roosevelt deal on track
Arcadia Biosciences, Inc.
- Q4 total revenues $1.216M (+56% YoY); FY2024 revenues $5.045M (+13% YoY).
- Net loss attributable to common stockholders Q4 $4.064M ($2.98/share) vs $2.853M in Q4 2023.
- Full-year net loss improved to $7.038M ($3.17/share) from $13.981M in 2023.
- Zola coconut water revenue up 124% in Q4 and 46% for full year.
- Pending merger with Roosevelt Resources; post-close owners get ~90% of shares, Arcadia holders ~10%.