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    Dick Williams • Williams Resource Group

    Dick Williams is an Analyst at Williams Resource Group, where he provides financial research and industry analysis for corporate clients, with recent coverage including companies like Dyadic International. Williams is known for in-depth financial due diligence and active participation in public company earnings calls, though publicly documented performance metrics such as published success rates or TipRanks rankings are not currently available. He has been with Williams Resource Group for several years, holding the analyst role and serving as a key principal, and has an extensive background in consulting and professional financial analysis. While specific professional credentials such as FINRA registration or securities licenses are not explicitly listed, he is recognized as a senior consultant with a significant history of analytical work in the sector.

    Dick Williams's questions to Dyadic International Inc (DYAI) leadership

    Dick Williams's questions to Dyadic International Inc (DYAI) leadership • Q2 2025

    Question

    Dick Williams from Williams Resource Group asked for more details on the FermBox partnership, specifically concerning the market for agricultural waste conversion, current customer activity, and expansion opportunities in India and the United States.

    Answer

    President & COO Joe Hazelton described the bioindustrial enzyme market for biofuels as a roughly $10 billion opportunity. He noted that the most aggressive customer adoption is currently in India and the Asia Pacific region. While interest in the U.S. is growing, it is not as strong, but Dyadic is evaluating U.S. manufacturing options for enzyme cocktails with broader applications, including pulp, paper, and textiles.

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    Dick Williams's questions to Dyadic International Inc (DYAI) leadership • Q1 2025

    Question

    Dick Williams of Williams Resource Group asked about the potential for Fermbox Bio to secure additional contracts beyond the initial one, and Dyadic's participation in those future opportunities.

    Answer

    COO Joe Hazelton confirmed that the initial bid is not a "one and done" deal. He stated that Dyadic and Fermbox are evaluating further opportunities in both the government and private sectors, expressing hope for continued growth in the bioindustrial market.

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