Investor Presentaiton
17
2022 guidance
The revised guidance already contemplated a 55% increase in diesel prices. However, during Q2 2022, the real average diesel price increased by
an additional 23%, for a total of 78% year-on-year increase. This negatively impacted Verde's EBITDA and EPS as compared to the revised
guidance. Q2 2022 revenue and sales were, however, higher than expected for the period. For Q3 and Q4 2022, the Company expects it will
meet the overall revised guidance for the year
2023 guidance
For 2023, Verde's updated sales volume target is 2,000,000 tonnes. This target represents a potential 100% growth Year-on-Year ("YoY”).
Period
Guidance
Sales target (tonnes)
FY 2023
Original Jan 2022
1,400,000
Revised May 2022
2,000,000
The original sales volume target for 2023 was for sales of 1,400,000 tonnes. For 2023, Verde's updated target is 2,000,000 tonnes, which
represents a potential 100% growth Year-on-Year.
VERDE AGRITECHView entire presentation