Investor Presentaiton
13
Q4 & FY 2021 Highlights
Cash
Profitability
Operations
Cash utilised from investing activities increased by 1,527% in Q4 2022, to $12,6M and 1,547% in FY 2022 to $42.0M.
Trade and other receivables increased by 90% in 2022, to $28,5M.
Total loans for CAPEX and working capital in December 31: $38.1M.
Capital expenditures increased to $41,623,000 in FY 20222 compared to $2,179,000 in FY 2021.
Revenue increased by 55% in Q4 2022, to $16,8M, and by 190% in FY 2022, to $80,3M, compared the same period of 2021
Sales by volume decreased by 7% in Q4 2022, to 125,000 tonnes, compared to 134,000 tonnes sold in Q4 2021, and increased by 57% in FY
2022, to 628,000 tonnes sold, compared to 400,000 in FY 2021.
EBITDA decreased by 47% in Q4 2022 to $1,3M, compared to $2,5M in Q4 2021 and increased by 271% in FY 2022, to $23,9M compared to $6,5M
in FY 2021.
The Group suffered a net loss of $1,3M for Q4 2022, and generated a net profit of $17,8M in FY 2022.
In August 2022, Verde announced the commissioning of its Plant 2 to produce up to 1.2 Mtpy of the Product. It achieved its nameplate capacity
in October 2022. In parallel, Plant 2 was undergoing an expansion process to be capable of producing 2.4Mtpy, construction which is now
concluded. Verde's Plant 1 operates at a capacity of 0.6Mtpy; therefore, Verde's current overall production capacity is 3Mtpy.
*
All figures in this presentation are in Canadian dollars, unless stated otherwise
Average exchange rate in Q4 2022: C$1.00 = R$3.97
VERDE AGRITECHView entire presentation