Cyanotech Corp (OTCPK:CYAN)
$ 0.49 (0%) Market Cap: 3.60 Mil Enterprise Value: 14.92 Mil PE Ratio: 0 PB Ratio: 0.46 GF Score: 34/100

Q1 2026 Cyanotech Corp Earnings Call Transcript

Aug 7, 2025 / 12:00 AM GMT
Release Date Price: $0.42 (+27.27%)

Key Points

Positve
  • Cyanotech Corp (CYAN) achieved a 20% increase in gross profit due to improved production efficiencies and disciplined inventory management.
  • The company reported a 23% improvement in net loss compared to the prior year.
  • Bulk spirulina and bulk astaxanthin sales increased by 48% and 49% respectively, indicating strong demand in the ingredients channel for US-sourced material.
  • Gross profit margin improved significantly from 25% to 30.5% year-over-year.
  • Operating loss decreased to $753,000 from $1 million in the previous fiscal year's first quarter.
Negative
  • Net sales declined by 1.3% compared to the same period last year, amounting to a decrease of $78,000.
  • Packaged product sales saw a decline of 12%, partially offsetting the growth in bulk sales.
  • The company reported a net loss of $926,000 or $0.13 per diluted share.
  • Cyanotech Corp (CYAN) had a negative working capital of $255,000, compared to $302,000 in the prior year.
  • Cash reserves were relatively low at $383,000, indicating potential liquidity challenges.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CYAN.PK - Cyanotech Corp
Q1 2026 Cyanotech Corp Earnings Call
Aug 08, 2025 / 12:00AM GMT

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Presentation
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Unidentified_1 [1]
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Aloha from Kona, Hawaii.

Thank you all for joining us today to report Silotech's first quarter fiscal year 2026 earnings results. I am Matt Custer, President and Chief Executive Officer of Sinotech. Joining me on the call today is Jennifer Rogerson, our Chief Financial Officer. I will turn the call over to Jennifer to provide our forward-looking statement.

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Unidentified_2 [2]
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Thanks, Matt. Our discussion today may include forward-looking statements. We do not undertake any obligation to update forward-looking statements either as a result of new
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