Turnover: 17.8 million EUR (2021)
Country: France
- Ÿnsect is a company specialized in insect-based animal feed
- The company produces these meals for pets (dogs and cats) and farmed fish
- The company acquired the Dutch company Protifarm in 2021
News
Ynsect reinvents the way animals are fed. 17/05/2022
- Ynsect raises $372 million to build its future production site
- Start-up prepares to open the world's largest insect farm
- Ynsect to eventually reach a production capacity of 200,000 tons of ingredients per year
- 250 people working in the plant
- Ynsect invests 10 million euros in a genomic selection program with several partners, including the French Atomic Energy Commission (CEA) and artificial intelligence image analysis tool provider Aprex Solutions
Ynsect continues its expansion with the acquisition of Jord in the United States 30/03/2022
- Specialist in insects for animal feed
- New plant in Tarare
- According to ADM, the insect market is worth $100 billion, with an annual growth rate of 4.5%
- Ÿnsect valued at nearly $4 billion
- Acquisition of Protifarm in 2021
- Acquisition of Jord Producers in 2022
- Jord Producer markets its products whole or dried, mainly to private individuals
Financial Data
DUNS: 534948617
Legal Name: YNSECT
Address: 1 RUE PIERRE FONTAINE , 91000 EVRY-COURCOURONNES
Number of employees: Entre 100 et 199 salariés (2020)
Capital: 2 945 887 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 17 815 327 | 10 494 545 | 137 568 | 85 434 | 38 156 | 20 507 | 8 796 |
| Gross margin (€) | 14 489 472 | 8 408 693 | -967 386 | -1 056 990 | -658 412 | 168 893 | - |
| EBITDA (€) | -35 578 406 | -26 651 810 | -25 836 208 | -15 738 922 | -9 829 651 | -4 942 993 | - |
| Operating profit (€) | -36 985 524 | -27 814 373 | -26 770 851 | -16 595 796 | -10 445 671 | -5 171 658 | - |
| Net profit (€) | -36 018 033 | -29 581 376 | -9 221 634 | -15 316 943 | -9 484 708 | -4 557 411 | -2 097 104 |
| Turnover growth rate (%) | 69,8 | 7 528,6 | 61 | 123,9 | 86,1 | 133,1 | - |
| Ebitda margin rate (%) | -199,7 | -254 | -18 780,7 | -18 422,3 | -25 761,7 | -24 103,9 | - |
| Operating margin rate (%) | -207,6 | -265 | -19 460,1 | -19 425,3 | -27 376,2 | -25 219 | - |
| Working Capital (turnover days) | 149,2 | 641,6 | 747,4 | -14 698,8 | -5 346,3 | -28 086,7 | - |
| Working Capital requirements (turnover days) | -528,4 | -147,9 | -15 313,1 | -20 130,5 | -15 335 | -43 150 | - |
| Net margin (%) | -202,2 | -281,9 | -6 703,3 | -17 928,4 | -24 857,7 | -22 223,7 | - |
| Added value / Turnover (%) | -120,1 | -153,5 | -12 586,9 | -12 501,4 | -16 562,5 | -16 870 | - |
| Wages and social charges (€) | 13 721 561 | 10 224 135 | 8 166 448 | 5 101 252 | 3 585 160 | 2 154 633 | - |
| Salaries / Turnover (%) | 77 | 97,4 | 5 936,3 | 5 971 | 9 396,1 | 10 506,8 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil d'administration | Elisabeth Anne Marie Chantal | PERRIN | 68 | |
| Président | Antoine | HUBERT | 42 | |
| Administrateur | Jean-Gabriel | LEVON | 39 | |
| Administrateur | Antoine | HUBERT | 42 | |
| Administrateur | Nicolas | BERNADI | 47 | |
| Administrateur | Eric Christian | ARCHAMBEAU | 66 | |
| Administrateur | Yves | SISTERON | 69 | |
| Administrateur | Elisabeth Anne Marie Chantal | PERRIN | 68 |
Studies mentioning this company
The edible insect market - France
Other companies mentioned:
- Micronutris (MNS FoodTech)
- La Freca - Entomovia
- Ynsect
- Agronutris (EAP Group)
- Jimini's - Entoma
- Innovafeed
- Tomojo
- Tomojo
- Reglo Pet Food
- NextAlim
- Futura Food
- Invers
- Nutriearth
The edible insects market - Spain
Other companies mentioned:
- Ynsect
- Accro (Nxtfood)
- Jimini's - Entoma
- Insectum
- BCN Insects