AquaBounty Technologies Inc
Company Overview
AquaBounty Technologies Inc is a biotechnology company focused on enhancing productivity in aquaculture. The company's main product is genetically engineered Atlantic salmon that grows faster than conventional Atlantic salmon. Their AquAdvantage Salmon (AAS) integrates a growth hormone gene from Chinook salmon that enables it to grow to market size in roughly half the time of conventional salmon.
The company operates land-based aquaculture facilities in Indiana and Prince Edward Island, where they raise their proprietary AquAdvantage Salmon. They aim to provide a sustainable solution to seafood production through biotechnology and modern aquaculture methods.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $47812.0 | $3.44m | - | $1.03m | 0.00% | 29.97% |
| June 30, 2024 | $180182.0 | $50.69m | - | $989976.0 | 0.00% | 1.95% |
| March 31, 2024 | $477268.0 | $11.63m | - | $208563.0 | 0.00% | 1.79% |
Company Impact
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