MBII - Marrone Bio Innovations: Unprofitable While Diversifying Its Product Portfolio
Investor Takeaway
Marrone Bio Innovations, Inc. (MBII) operates as an agrochemical company that has been unprofitable in the past but losses have declined consistently over the past five years. The company has conducted an acquisition in the second half of last year and is eager to enter the European export market. Product approvals around the globe by regulatory agencies are promising as well. The enterprise has been approved by the U.S. Environmental Protection Agency to distribute post-harvest sanitizer, Jet-Oxide to the agricultural segment in the U.S. There is a case for scalability with