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Ceres Global Ag Corp. (T:CRP)

Business Focus: Fishing & Farming Wholesale

Sector:  Consumer Non-Cyclicals Industry:  Fishing & Farming
 
See Regulatory Filings on SEDAR
Company Contact
Address: 701 Xenia Ave S, Suite 400
GOLDEN VALLEY MN 55416
Tel: N/A
Website: https://ceresglobalagcorp.com
IR: See website
Key People
Robert Day
President, Chief Executive Officer, Director
Jacob Bierley
Chief Financial Officer, Vice President
Pat Gathman
Vice President - Operations
Dusty Clevenger
Vice President - Strategy, Vice President - Business Development
Glen Goldman
Vice President, General Counsel, Corporate Secretary
Sarah Blomquist
Vice President, Human Resources, Corporate Administration
Carlos Paz
Vice President, Commercial Director
   
Business Overview
Ceres Global Ag Corp (Ceres) is a United States-based company. The Company provides facilities and services that enable their customers to store and transport their products. The Company also provides logistics of commodity centers that provide a global portfolio of customers with North American agricultural commodities & value-added products, industrial products, fertilizer, energy products and supply chain logistics services. The Company provides services in different segments, such as grain, supply chain services, seed and processing. The company serves sectors, including agricultural, energy & industrial supply chains through sourcing, storing, transporting & marketing of agricultural commodities and value-added products & raw materials. The Company's wholly-owned subsidiaries: Ceres US Holding Corp. (Delaware), Riverland Ag Corp. (Delaware) (Riverland Ag), and NaThe Company operates in United States, Canada & Europe. The Company is headquartered in Minneapolis.
Financial Overview
For the fiscal year ended 30 June 2022, Ceres Global Ag Corp. revenues increased 42% to $1.06B. Net loss totaled $8.8M vs. income of $12M. Revenues reflect Grain segment increase of 42% to $981.7M, Seed and Processing segment increase of 42% to $75.7M, Supply Chain Services segment increase of 14% to $3.6M. Net loss reflects Corporate segment loss increase of 74% to $19.8M, Seed and Processing segment income decrease of 74% to $1M.
Employees: 192 as of Jun 30, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $213.58M as of Jun 30, 2022
Annual revenue (TTM): $1,407M as of Jun 30, 2022
EBITDA (TTM): $41.02M as of Jun 30, 2022
Net annual income (TTM): -$11.70M as of Jun 30, 2022
Free cash flow (TTM): $67.96M as of Jun 30, 2022
Net Debt Last Fiscal Year: $115.79M as of Jun 30, 2022
Shares outstanding: 30,965,385 as of Aug 25, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization