Arcadia Biosciences Inc. ( (RKDA) ) has released its Q2 earnings. Here is a breakdown of the information Arcadia Biosciences Inc. presented to its investors.
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Arcadia Biosciences, Inc. is a company focused on producing and marketing innovative wellness products, primarily in the agricultural sector, known for its high-value, healthy ingredients. In its recent earnings report, Arcadia Biosciences announced an 11% increase in total revenues year-over-year, driven by a significant 24% growth in its Zola coconut water brand. The company also reported receiving 2.7 million shares of stock in Above Food Ingredients Inc. and eliminating $1 million in liabilities. Key financial highlights include a 16% increase in revenues for the first half of 2025 compared to the same period in 2024, with Zola coconut water sales showing a 47% increase. Despite these positive developments, Arcadia reported a net loss attributable to common stockholders of $4.5 million for the second quarter of 2025, primarily due to a $4.5 million credit loss related to a note receivable from Above Food. Looking ahead, Arcadia Biosciences remains focused on its pending business combination with Roosevelt Resources, aiming to strengthen its market position and continue its growth trajectory.