Welcome to our dedicated page for S&W Seed Co news (Ticker: SANW), a resource for investors and traders seeking the latest updates and insights on S&W Seed Co stock.
S&W Seed Company (SANW) generates frequent news across corporate strategy, financing, operations and regulatory developments in the agricultural seed sector. Founded in 1980 and headquartered in Longmont, Colorado, the company focuses on proprietary seed products, with an emphasis on sorghum trait technologies, alfalfa, and camelina-based biofuel feedstocks through a partnership. Its news flow reflects both its crop portfolio and its evolving capital and listing status.
Recent announcements highlight S&W’s focus on high-value sorghum trait solutions, including its Double Team sorghum trait portfolio and a Prussic Acid Free sorghum trait. Management commentary has discussed repositioning the business around core Americas-based operations, following the voluntary administration process for its Australian subsidiary and the conclusion of that process. Operational updates often address the performance of sorghum and alfalfa product lines across different regions, as well as guidance for future periods and the use of non-GAAP measures such as adjusted EBITDA.
Corporate and financial news includes the closing of a revolving credit agreement with ABL OPCO LLC (Mountain Ridge), subsequent letter agreements providing additional revolving loans, and disclosures about an event of default and related cross-default under a term loan. The company has also reported a strategic alternatives review process, considering options such as a sale of the company, a merger, a recapitalization or continued execution of its plan.
Another important theme in SANW news is its public company status. In July 2025, S&W announced that its board approved a voluntary delisting from The Nasdaq Capital Market and a planned deregistration of its common stock with the SEC. News releases describe the expected timing of the Form 25 and Form 15 filings and note that S&W has not arranged for listing on another national securities exchange, while indicating that OTC quotation may be possible under certain conditions.
Investors and observers can use this news feed to review earnings releases, preliminary financial results, conference call announcements, strategic updates, credit facility developments, and listing status changes related to S&W Seed Company. Regularly reviewing these items can help users understand how the company’s seed traits, geographic focus, capital structure and regulatory profile are evolving over time.
On January 3, 2023, S&W Seed Company (SANW) and Trigall Genetics announced a joint venture, Trigall Australia, where Trigall Genetics will own 80%. This new entity aims to develop and market high-performing wheat varieties across Australia, utilizing S&W's commercial reach and Bioceres Crop Solutions' technologies. The program will include drought-resistant HB4 technology and EcoWheat technologies to enhance yields in drought-affected areas. The partnership marks a significant step in Trigall's international expansion strategy, leveraging a global genetic library and advanced breeding expertise.
S&W Seed Company (NASDAQ: SANW) reported Q1 2023 revenue of $19.9 million, reflecting a 28% increase from Q1 2022, aided by strong international and U.S. forage sales. The GAAP gross profit margin improved to 22.7%, an increase of 260 basis points. Operating expenses fell by $1 million to $7.9 million. Although the company recorded a net loss of $(4.5 million), it shows improvement from $(6.4 million) a year prior. S&W reaffirmed its fiscal 2023 revenue guidance of $80 to $92 million.
S&W Seed Company (Nasdaq: SANW) will announce its financial results for the first quarter of fiscal year 2023, which ended on September 30, 2022, on November 14, 2022, prior to market opening. A conference call is scheduled for the same day at 11:00 AM ET to discuss these results. Preliminary results were shared on October 25, 2022, indicating expectations within previously provided ranges. Investors can access the call via phone or a live webcast, which will also be available for replay.
S&W Seed Company (NASDAQ: SANW) announced the extension and increase of its credit facilities with National Australia Bank Limited, raising the total to AUD 49 million (approx. USD 31.8 million), a rise of AUD 9 million (approx. USD 5.8 million). These facilities include a seasonal credit facility and a flexible rate loan, expiring between September 2023 and May 2026. The funds will support the company's international forage operations based in South Australia, focusing on proprietary alfalfa and pasture products for over 30 global markets.
S&W Seed Company (NASDAQ: SANW) announced preliminary financial results for the first quarter of fiscal 2023, reporting total revenues expected between $19.5 million and $20 million, a 26% to 29% increase from $15.5 million a year prior. Gross margins are projected to improve to 22.5% to 22.9%, up from 20.1%. Adjusted EBITDA is anticipated to be $(1.8) million to $(1.6) million, compared to $(4.0) million last year. A conference call will take place on November 10, 2022, to discuss these results further.
S&W Seed Company (Nasdaq: SANW) reported fiscal year 2022 results, revealing a Core Revenue of $71.4 million, a 2.1% increase from $69.9 million in fiscal 2021. However, total revenue fell to $71.4 million from $84.0 million the previous year. The company faced a GAAP net loss of $(36.4) million, up from $(19.2) million in fiscal 2021. Looking ahead, S&W anticipates fiscal 2023 revenue between $80 to $92 million, indicating a potential growth of 12% to 29%. The gross margin decreased to 8.9% compared to 16.3% in the prior year, attributed to rising operating expenses and inventory write-downs.
S&W Seed Company (Nasdaq: SANW) will release its fiscal year 2022 financial results on September 28, 2022, prior to market opening. The company has scheduled a conference call the same day at 11:00 AM ET to discuss these results. Founded in 1980 and headquartered in the U.S., S&W specializes in seed genetics, particularly for alfalfa, sorghum, and pasture seeds. With operations in Australia, S&W aims to meet global demand for animal proteins and healthier diets through its diverse product portfolio.
S&W Seed Company (NASDAQ: SANW) reported its Q3 fiscal 2022 results, revealing a total revenue of $23.2 million, down from $32.4 million in Q3 fiscal 2021. The net loss for the quarter was $(7.4) million, compared to $(1.8) million in the prior year. Core Revenue decreased by 2.9% due to lower sales in Australia and South Africa, although U.S. sales increased. The company anticipates fiscal 2022 Core Revenue to be between $80 to $85 million, a 15% to 20% increase over fiscal 2021. S&W plans to cut operating expenses by $5 million.
Trigall Genetics and S&W Seed Company (SANW) are in preliminary discussions to form a joint venture called Trigall Australia. This venture aims to enhance wheat breeding operations in Australia, utilizing S&W's existing infrastructure and the expertise of Trigall Genetics. The initiative aims to develop drought-tolerant wheat varieties leveraging the HB4® EcoWheat® technology and grow crops for regions affected by climate change. The collaboration is seen as a significant opportunity to strengthen S&W's market position and expand its wheat portfolio.
S&W Seed Company (Nasdaq: SANW) will announce its third quarter fiscal year 2022 financial results on May 16, 2022, prior to market opening. A conference call to discuss these results is scheduled for the same day at 11:00 AM ET. Founded in 1980, S&W Seed specializes in seed technology for middle market crops, including proprietary alfalfa and sorghum. The company aims to meet the rising global demand for animal proteins and healthier diets with a diverse product portfolio, including hybrid sunflower and stevia.