Investor Presentaiton
Q3 2023 highlights_
Cash
Profitability
со
verde
AGRITECH
TSX: NPK
Cash held by the Group in Q3 2023 was $9.3 million, compared to $5.1 million in Q3 2022.
Cash utilized from investing activities decreased by 104% in Q3 2023, to $504K compared to $13.7M in Q3 2022 as costs relating
to the commissioning and construction of Plant 2 were high in Q3 2022 as the Group worked towards opening Plant 2.
The Company has successfully secured a bank loan of $12.4M in Q3 2023 and an additional $5.4M in October and $4.0 in
November 2023. The funds raised will be used to replace existing debt that were at higher interest rates and provide the Group
with more favorable terms.
Sales by volume were 108K tonnes in Q3 2023, compared to 189K tonnes in Q3 2022.
Revenue in Q3 2023 was $9.4M, compared to $27.3M in Q3 2022.
EBITDA before non-cash events in Q3 2023 was -$0.6M, compared to $8.1M Q3 2022.
Net profit/loss in Q3 2023 was -$3.5M, compared to a $6.5M profit in Q3 2022.
Total non-current assets in Q3 2023 were $67.3 million, compared to $55.8 million in Q3 2022.
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