Cyanotech Corp ( (CYAN) ) has released its Q4 earnings. Here is a breakdown of the information Cyanotech Corp presented to its investors.
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Cyanotech Corporation is a global leader in the cultivation and production of premium quality, sustainable microalgae, providing high-value natural ingredients and dietary supplements for health and wellness. The company operates from its 96-acre facility on the Kona Coast of Hawaii, taking advantage of the region’s favorable climate and resources for microalgae production.
Cyanotech Corporation recently released its annual earnings report for the fiscal year ended March 31, 2025, highlighting a steady performance in its key product lines. The company reported total net sales of $24.2 million, up from $23.1 million in the previous fiscal year, driven by its flagship products, BioAstin® and Hawaiian Spirulina Pacifica®.
The company’s BioAstin® product line, a natural astaxanthin supplement, accounted for approximately 65% of net sales, with revenues reaching $15.7 million. Hawaiian Spirulina Pacifica®, a nutrient-rich superfood, contributed 32% to net sales, with revenues of $7.6 million. Additionally, Cyanotech’s contract extraction and R&D services generated $849,000 in revenue, reflecting a growing demand for these services.
Cyanotech continues to leverage its proprietary technologies and strategic location to maintain year-round production of its microalgal products. The company remains committed to quality and sustainability, as evidenced by its various certifications and compliance with regulatory standards. Despite challenges such as competition and environmental factors, Cyanotech is well-positioned to capitalize on the increasing global demand for natural health supplements.
Looking ahead, Cyanotech’s management remains focused on expanding its market presence and enhancing its product offerings. The company aims to drive growth through innovation and strategic partnerships, while continuing to prioritize operational efficiency and environmental stewardship.