First Positive Adjusted EBITDA in Many Years
S&W Seed Company reported its first positive adjusted EBITDA quarter in many years, reflecting successful cost-saving initiatives and improved operational efficiencies.
Significant Gross Margin Improvement
Gross profit margin for Q3 was 37.7%, up from 24.6% in Q3 of the previous year, driven by better lifecycle management and a shift to higher-margin products.
Successful Strategic Actions
Completion of the VA process in Australia and the establishment of a $25 million working capital facility. These actions have helped focus the company on high-margin operations in the Americas.
Strong Customer Response to New Products
The new Prussic Acid Free trait was successfully launched and sold out, indicating strong market demand and potential for future growth.