QUOTE AND NEWS
Biomass Magazine  May 7  Comment 
On May 6, Solazyme Inc. released its financial results for the first quarter of 2015, reporting updates on the year's commercial activity and algal oil manufacturing facilities, with the company’s focus being on its Brazil Bunge Oils Moema...
Motley Fool  May 7  Comment 
Key takeaways from Solazyme’s first quarter 2015 earnings.
Motley Fool  May 5  Comment 
Solazyme's Algenist brand is growing at a healthy clip, but the company can more fully monetize the manufacturing of the key ingredients. That's good news for investors.
Motley Fool  Apr 28  Comment 
Think progress at Moema is the most critical information you'll receive during Solazyme's upcoming conference call? Think again.
Motley Fool  Apr 16  Comment 
A new alliance in drilling-fluid additives could be a big boost for Solazyme in the long term. Better yet, there may be a hidden catalyst few investors are considering.




 
TOP CONTRIBUTORS


Solazyme (NASDAQ:SZYM) transforms plant-based sugars into petroleum-based products for the chemical industry, fuels, nutrition and skin and personal care products and is scaling up manufacturing capacity in order to better serve these markets. In order to alleviate the manufacturing capacity constraint, Solazyme uses a mixed operational strategy approach including contract manufacturing, and joint ventures. The company's primary revenues are derived from producing oil via an indirect photosynthesis technology. As opposed to common open-pond and photo bio reactor approach, Solazyme uses feeds sugars to proprietary oil-producing micro-algae in a dark fermentation tank to accelerate normal production time. [1]

The rapidly growing demand and depleting supply for oils in today's society has created a need to look to alternatives sources of oil. As a whole, the alternative fuel industry has several advantages including the ability to scale production in order to minimize price variability. The controlled bio reactor production technology also enables company's like Solazyme to produce tailored, high-end fuels for specialized markets.

[2]

The company's initial public offering of stock on the NASDAQ occurred on May 27, 2011. The company offered 11M shares each for $18, which was at the high end of the $15-$17 price range. The offering raised a total of $198M. The lead managers of the IPO were Morgan Stanley (MS) and Goldman Sachs Group (GS).[3]

During the full year 2010, the company reported a total revenue of $38M and incurred a net loss of $16M. This represents a 400% increase in total revenue and a 19% increase in net loss with respect to 2009. [4]

  1. SYZM S-1/A 2011 PROSPECTUS SUMMARY "Prospectus Summary" pg 1-3
  2. SYZM S-1/A 2011 PROSPECTUS SUMMARY "Overview" pg 1-6
  3. Renaissance Capital - IPO Home "Solazyme prices upsized IPO at $18, above the range" 27 May 2011
  4. SYZM S-1/A 2011 PROSPECTUS SUMMARY "SUMMARY CONSOLIDATED FINANCIAL DATA" pg 9
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