DYAI Chart
About

Dyadic International, Inc., a biotechnology platform company, develops, produces, and sells industrial enzymes and other proteins in the United States and internationally. It utilizes the C1 platform in pharmaceutical applications, including the development and production of pharmaceutical products. The company offers Dapibus, a protein production platform that enable the rapid development and large-scale manufacture of cost-effective enzymes, proteins, metabolites, and other biologic products for life sciences, food and nutrition, and bioindustrial applications. In addition, it develops DYAI-100, a C1-SARS-CoV-2 recombinant protein RBD vaccine candidate and first C1, which is in phase 1 clinical trial to produce protein tested in humans. The company has a research and development agreement with VTT Technical Research Centre of Finland, Ltd.; license agreement with South Africa's Rubic One Health; joint development agreement with a Global Food Ingredient Company; and sub-license agreement with Abic Biological Laboratories Ltd., Alphazyme, LLC, and Abic Biological Laboratories Ltd. Dyadic International, Inc. was founded in 1979 and is headquartered in Jupiter, Florida.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 30.36M
Enterprise Value 25.73M Income -7.35M Sales 3.34M
Book/sh 0.07 Cash/sh 0.25 Dividend Yield —
Payout 0.00% Employees 6 IPO —
P/E — Forward P/E -2.62 PEG —
P/S 9.08 P/B 11.65 P/C —
EV/EBITDA — EV/Sales 7.70 Quick Ratio 2.44
Current Ratio 2.85 Debt/Eq 194.16 LT Debt/Eq —
EPS (ttm) -0.22 EPS next Y -0.32 EPS Growth —
Revenue Growth -40.50% Earnings 2026-03-25 ROA -39.72%
ROE -244.15% ROIC — Gross Margin 31.54%
Oper. Margin -164.23% Profit Margin -219.86% Shs Outstand 36.19M
Shs Float 30.20M Short Float 0.50% Short Ratio 2.78
Short Interest — 52W High 1.57 52W Low 0.71
Beta 1.27 Avg Volume 208.88K Volume 9.00K
Target Price $7.00 Recom None Prev Close $0.82
Price $0.84 Change 2.57%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.00
Mean price target
2. Current target
$0.84
Latest analyst target
3. DCF / Fair value
$-1.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.84
Low
$5.00
High
$9.00
Mean
$7.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-11-14 reit HC Wainwright & Co. Buy → Buy $6
2024-07-08 reit HC Wainwright & Co. Buy → Buy $6
2023-11-13 reit HC Wainwright & Co. Buy → Buy $6
2023-05-24 reit HC Wainwright & Co. Buy → Buy $6
2023-02-03 reit HC Wainwright & Co. — → Buy $6
2022-07-18 down Dawson James Buy → Neutral —
2022-04-05 main HC Wainwright & Co. — → Buy $6
2021-12-17 init HC Wainwright & Co. — → Buy $7
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 102609 — — Stock Award(Grant) at price 0.00 per share. EMALFARB MARK A Chief Executive Officer — 2026-01-02 00:00:00 D
1 29158 — — Stock Award(Grant) at price 0.00 per share. RAWSON PING WANG Chief Financial Officer — 2026-01-02 00:00:00 D
2 18064 — — Stock Award(Grant) at price 0.00 per share. TCHELET RONEN Officer — 2026-01-02 00:00:00 D
3 36418 — — Stock Award(Grant) at price 0.00 per share. HAZELTON JOSEPH P President — 2026-01-02 00:00:00 D
4 21552 nan — — KAYE JACK Director — 2026-01-02 00:00:00 D
5 21552 nan — — LUCY PATRICK K Director — 2026-01-02 00:00:00 D
6 21552 nan — — HERBST SETH J. M.D. Director — 2026-01-02 00:00:00 D
7 26000 24700.0 — Purchase at price 0.95 per share. HAZELTON JOSEPH P President — 2025-08-01 00:00:00 D
8 10776 nan — — TARNOK MICHAEL P Director — 2025-06-20 00:00:00 D
9 10776 nan — — BOSE ARINDAM Director — 2025-06-20 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-5.42M-7.77M-10.07M-16.14M
TotalUnusualItems40.08K979.17K-49.92K1.51M
TotalUnusualItemsExcludingGoodwill40.08K979.17K-49.92K1.51M
NetIncomeFromContinuingOperationNetMinorityInterest-5.81M-6.80M-9.74M-13.07M
ReconciledCostOfRevenue1.19M1.98M2.12M1.94M
EBITDA-5.38M-6.80M-10.12M-14.63M
EBIT-5.38M-6.80M-10.12M-14.63M
NetInterestIncome29.02K416.69K180.42K51.70K
InterestExpense427.97K0.00
InterestIncome456.99K416.69K180.42K51.70K
NormalizedIncome-5.85M-7.77M-9.69M-14.58M
NetIncomeFromContinuingAndDiscontinuedOperation-5.81M-6.80M-9.74M-13.07M
TotalExpenses9.37M11.09M13.05M17.03M
TotalOperatingIncomeAsReported-5.90M-8.23M-10.17M-14.73M
DilutedAverageShares29.32M28.80M28.36M27.84M
BasicAverageShares29.32M28.80M28.36M27.84M
DilutedEPS-0.20-0.24-0.34-0.47
BasicEPS-0.20-0.24-0.34-0.47
DilutedNIAvailtoComStockholders-5.81M-6.80M-9.74M-13.07M
NetIncomeCommonStockholders-5.81M-6.80M-9.74M-13.07M
NetIncome-5.81M-6.80M-9.74M-13.07M
NetIncomeIncludingNoncontrollingInterests-5.81M-6.80M-9.74M-13.07M
NetIncomeContinuousOperations-5.81M-6.80M-9.74M-13.07M
TaxProvision0.00
PretaxIncome-5.81M-6.80M-9.74M-13.07M
OtherIncomeExpense40.08K979.17K200.08K1.51M
OtherNonOperatingIncomeExpenses250.00K
SpecialIncomeCharges62.64K1.02M0.00
GainOnSaleOfBusiness62.64K1.02M0.00
GainOnSaleOfSecurity-22.56K-38.42K-49.92K1.51M
NetNonOperatingInterestIncomeExpense29.02K416.69K180.42K51.70K
InterestExpenseNonOperating427.97K0.00
InterestIncomeNonOperating456.99K416.69K180.42K51.70K
OperatingIncome-5.88M-8.19M-10.12M-14.63M
OperatingExpense8.18M9.11M10.92M15.09M
ResearchAndDevelopment2.04M3.30M4.50M8.39M
SellingGeneralAndAdministration6.13M5.82M6.42M6.70M
GeneralAndAdministrativeExpense6.13M5.82M6.42M6.70M
OtherGandA6.13M5.82M6.42M6.70M
GrossProfit2.30M922.96K807.11K459.39K
CostOfRevenue1.19M1.98M2.12M1.94M
TotalRevenue3.50M2.90M2.93M2.40M
OperatingRevenue3.50M2.90M2.93M2.40M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber12.25M12.25M12.25M12.25M
OrdinarySharesNumber29.84M28.81M28.56M28.23M
ShareIssued42.09M41.06M40.82M40.48M
TotalDebt5.07M136.93K0.00
TangibleBookValue2.47M5.88M11.09M18.39M
InvestedCapital7.45M5.88M11.09M18.39M
WorkingCapital7.38M5.82M10.97M18.45M
NetTangibleAssets2.47M5.88M11.09M18.39M
CapitalLeaseObligations88.87K136.93K0.00
CommonStockEquity2.47M5.88M11.09M18.39M
TotalCapitalization7.45M5.88M11.09M18.39M
TotalEquityGrossMinorityInterest2.47M5.88M11.09M18.39M
StockholdersEquity2.47M5.88M11.09M18.39M
TreasuryStock18.93M18.93M18.93M18.93M
RetainedEarnings-86.09M-80.28M-73.48M-63.75M
AdditionalPaidInCapital107.44M105.04M103.46M101.03M
CapitalStock42.09K41.06K40.82K40.48K
CommonStock42.09K41.06K40.82K40.48K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest7.46M2.34M2.63M2.91M
TotalNonCurrentLiabilitiesNetMinorityInterest5.01M88.87K176.47K352.94K
NonCurrentDeferredLiabilities0.00176.47K352.94K
NonCurrentDeferredRevenue0.00176.47K352.94K
LongTermDebtAndCapitalLeaseObligation5.01M88.87K0.00
LongTermCapitalLeaseObligation34.62K88.87K0.00
LongTermDebt4.98M
CurrentLiabilities2.45M2.25M2.45M2.56M
CurrentDeferredLiabilities833.81K490.11K217.21K298.21K
CurrentDeferredRevenue0.00176.47K147.06K
CurrentDebtAndCapitalLeaseObligation54.25K48.06K
CurrentCapitalLeaseObligation54.25K48.06K0.00
PensionandOtherPostRetirementBenefitPlansCurrent580.26K405.76K
PayablesAndAccruedExpenses1.56M1.71M2.23M1.85M
CurrentAccruedExpenses1.08M1.06M955.08K303.80K
InterestPayable107.17K0.00
Payables482.32K656.45K1.28M1.55M
AccountsPayable482.32K656.45K1.28M1.55M
TotalAssets9.93M8.22M13.71M21.30M
TotalNonCurrentAssets102.61K151.90K290.75K290.83K
OtherNonCurrentAssets10.40K10.46K6.04K6.12K
InvestmentsAndAdvances0.00284.71K284.71K
LongTermEquityInvestment0.00284.71K284.71K
NetPPE92.21K141.44K0.00
GrossPPE92.21K141.44K0.00
OtherProperties92.21K141.44K
CurrentAssets9.83M8.07M13.42M21.01M
OtherCurrentAssets303.07K327.77K375.83K
PrepaidAssets327.77K392.24K375.83K
Receivables261.27K476.24K388.29K372.21K
OtherReceivables63.03K55.54K214.53K176.66K
AccruedInterestReceivable24.25K10.08K58.28K94.38K
AccountsReceivable173.99K410.62K115.47K101.17K
CashCashEquivalentsAndShortTermInvestments9.26M7.26M12.64M20.26M
OtherShortTermInvestments2.76M748.29K6.85M4.51M
CashAndCashEquivalents6.51M6.52M5.79M15.75M
CashEquivalents5.58M6.49M5.77M14.37M
CashFinancial926.29K25.77K26.78K1.38M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-3.97M-6.73M-8.08M-11.28M
IssuanceOfDebt5.82M0.00
InterestPaidSupplementalData257.78K0.00
EndCashPosition6.51M6.52M5.79M15.75M
BeginningCashPosition6.52M5.79M15.75M20.64M
EffectOfExchangeRateChanges-5.80K-2.38K-44.74K-63.26K
ChangesInCash-2.48K723.14K-9.91M-4.83M
FinancingCashFlow5.85M0.00543.59K1.23M
CashFlowFromContinuingFinancingActivities5.85M0.00543.59K1.23M
ProceedsFromStockOptionExercised24.25K0.00543.59K1.23M
NetIssuancePaymentsOfDebt5.82M0.00
NetLongTermDebtIssuance5.82M0.00
LongTermDebtIssuance5.82M0.00
InvestingCashFlow-1.88M7.45M-2.37M5.22M
CashFlowFromContinuingInvestingActivities-1.88M7.45M-2.37M5.22M
NetInvestmentPurchaseAndSale-1.88M7.45M-2.37M5.22M
SaleOfInvestment5.47M10.45M7.50M16.51M
PurchaseOfInvestment-7.34M-3.00M-9.87M-11.28M
OperatingCashFlow-3.97M-6.73M-8.08M-11.28M
CashFlowFromContinuingOperatingActivities-3.97M-6.73M-8.08M-11.28M
ChangeInWorkingCapital754.53K-143.21K-321.17K1.19M
ChangeInOtherWorkingCapital344.87K91.92K-257.46K528.13K
ChangeInPayablesAndAccruedExpense179.66K-206.90K-2.61K769.39K
ChangeInAccruedExpense359.84K444.27K245.52K219.82K
ChangeInInterestPayable107.17K0.00
ChangeInPayable-180.18K-651.17K-248.13K549.56K
ChangeInAccountPayable-180.18K-651.17K-248.13K549.56K
ChangeInPrepaidAssets24.74K64.90K-13.93K-95.37K
ChangeInReceivables205.26K-93.13K-47.17K-13.92K
ChangesInAccountReceivables219.43K-141.33K-83.27K-31.79K
OtherNonCashItems63.02K
StockBasedCompensation1.13M1.24M1.89M1.78M
AmortizationOfSecurities-71.06K-53.03K33.79K329.61K
OperatingGainsLosses-38.42K-979.17K49.92K-1.51M
EarningsLossesFromEquityInvestments0.00-1.61M
GainLossOnInvestmentSecurities-1.61M
NetForeignCurrencyExchangeGainLoss22.56K38.42K49.92K96.89K
GainLossOnSaleOfBusiness-60.98K-1.02M0.00
NetIncomeFromContinuingOperations-5.81M-6.80M-9.74M-13.07M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for DYAI
Date User Asset Broker Type Position Size Entry Price Patterns