Investor Presentation October 2021
INVESTOR PRESENTATION / OCTOBER 2023
NEAR-TERM CUSTOMER BACKLOG
POTENTIAL OF OVER $250 MILLION
Verde is in various stages of product development and testing with
potential customers, including Fortune 500 brands, plastics manufacturers,
and plastics packaging players. Some have started transition to production.
Rigid Disposable
Packaging
. Single use, secondary
packaging
. Food container
applications
FINANCIAL FORECAST¹
($ in mm)
Year 1
Year 2
Durable Goods
Flexible Packaging
ADJUSTED
SALES
60.0 -
11.5
80.02
Reusable storage
containers
.
Candy bags
GROSS
PROFIT
5.1
28.8-38.4
•
Reusable retail
Household
products
bags
EBITDA
-3.3
9.0-15.8
Golf tees
Shipping
envelopes
1. Note: The financial forecast is dependent on the closing date of the Proposed transaction ("T") due to capital requirement. Therefore, in above Year 1 represents the 12 month period from T minus six months (T-6) to T
plus six months (T+6), where T is the closing date of the Proposed Transaction. Yr 2 from T plus six months (T+6) to T plus eighteen months (T+18) For example, if the Proposed Transaction were to close on December 31,
2023 then Year 1 would be between July 1, 2023 to June 30, 2024.
2. Subject to raising expansion capital of at least $15M by the beginning of Yr 1 H2 (i.e., at the closing of the Proposed Transaction)
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