Amyris Reports Record Consumer Revenue in Q2 2022

Direct-to-consumer sales, which comprised 45% of total consumer sales, grew approximately 98% year-over-year.
Direct-to-consumer sales, which comprised 45% of total consumer sales, grew approximately 98% year-over-year.

Amyris has announced its second quarter 2022 results that showed consumer revenue was $43 million, compared to $20.7 million in the previous year.

Core revenue of $65.2 million increased 54%, compared to $42.3 million in the previous year.

Total reported revenue of $65.2 million increased 25% compared to the previous year.

Direct-to-consumer sales, which comprised 45% of total consumer sales, grew approximately 98% year-over-year. In-store and online retail sales, which comprised 55% of total consumer sales, grew approximately 111% year-over-year.

Revenue from Sephora grew approximately 25% year-over-year.

Gross profit was $11.7 million or 18% of revenue.

6-Month Results

Total revenue of $122.9 million decreased 46% compared to the previous year.

Gross profit of $21.3 million, or 17% of revenue, was below the previous year due to a significant increase in freight and logistics expense.

Core revenue of $122.9 million increased 63%, compared to $75.4 million in the previous year.

Six-month core revenue included record consumer revenue of $77.5 million, an increase of 113% compared to 2021.

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