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As someone who invested in Amyris (heavily mentioned in these articles) last year with much the same thinking as the author… be very careful about betting again
by mdorazio 4y ago
As someone who invested in Amyris (heavily mentioned in these articles) last year with much the same thinking as the author… be very careful about betting against incumbent tech.
- brooksbp 4y ago> be very careful about betting against incumbent tech Can you elaborate on why you think 'incumbent tech' has anything to do with Amyris stock price? Here's what I see just briefly looking at some numbers and slide decks: Amyris has OK revenue growth and gross margin, but wow do they burn a lot of cash. They took on massive convertible debt back in Nov 2021, are continuing to do M&A, and in most recent earnings report are blaming horrible EBIDTA performance on 'higher freight and logistics and increased SG&A, mostly marketing investments'... 1. Revenue growth 2. Product innovation 3. Management I think a lot of investors make investment decisions based on #2. The product is great. Next-gen technology. Perhaps #1 follows... But even if you get #1 and #2 right, #3 can make or break the valuation of a company. It's not clear that Amyris has a path to profitability and the revenue growth is far from earth-shattering.