Amyris Inc. (AMRS) stock prices were down by 3.84% as of the market closing on September 7th 2021. This brought the price per share down to USD$13.29 at the end of the trading day. Subsequent premarket fluctuations saw the stock increase by 3.01%, bringing it up to USD$13.69.
Acquisition of Beauty Labs International
September 7th 2021 saw the company announce the closing of its acquisition of Beauty Labs International on August 31st 2021. AMRS stock’s collaboration with the leading AI technology firm will accelerate the company’s growth and market leadership in clean beauty. This will be facilitated by the addition of digital innovation, machine learning, and data science to improve the customer experience of its network of consumer brands. These brands will leverage the partner’s leading AI technology to create engaging and personalized connected consumer experiences, thereby further accelerating the growth of Amyris’ ecommerce revenue.
Facilitating Further Growth
The company has initiated the combination of Beauty Labs technology into its direct-to-consumer websites. Thus far, positive results have been reported for the Rose Inc. direct-to-consumer channel of a higher conversion to purchase using the color matching technology. In addition to the acquisition of MG Empower in the previous month, AMRS stock is leveraging its strategy of deepening the beauty consumer relationship. This will result in the delivery of the best possible digital retail beauty experience.
AMRS Stock Racing Towards Commercialization
These technologies complement AMRS stock’s unique portfolio connection from the creation of differentiated sustainable ingredients by its Lab-to-Market science and technology, to the formulation into better consumer products. The company’s progress towards the manufacturing at scale and commercializing of ingredients is outpacing its peer group in synthetic biology.
AMRS Stock’s Diversification
Squalene, Hemisqualene, Biosilica, and CBG are AMRS stock’s ingredients that are naturally produced from clean fermentation. These ingredients differentiate consumer-oriented products and facilitate substantial growth in the company’s revenue. The success of the company’s vertically integrated business model is demonstrated by the bridge between ingredients, clean beauty products, and ecommerce technologies.
Future Outlook for AMRS Stock
The company reported a promising quarter, consolidated by its most recent acquisition of Beauty Labs International. AMRS stock is poised to capitalize on the opportunities afforded to it as a result of this expansive partnership. Current and potential investors are hopeful that management will be able to leverage the resources at their disposal. This is hoped to facilitate significant and sustained increases in shareholder value.
