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Tuesday, August 9, 2022

Amyris results and business update

 

  • Record consumer revenue of $43 million increased 108% compared to Q2 2021

  • Ingredients sold out in first half with $15 million backlog to be supplied in H2

  • Cost actions and price increases to deliver $50 million of EBITDA improvements in H2

  • $700 million non-equity funding and earnout provides liquidity to sustained profitability

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