Investor Presentaiton
01 2020 Consolidated Results
All amounts in CAD $'000
Tonnes sold
Revenue per tonne sold $
Production cost per tonne sold $
Gross Profit per tonne sold $
Gross Margin
Q1 2020
10,170
50
(33)
18
Q1 2019
1,093
141
(45)
97
35%
68%
VERDE
AGRITECH
Revenue
Production costs
Gross Profit
Gross Margin
510
154
(331)
(49)
178
105
35%
68%
Sales increased by 830% with a total of 10,170 tonnes, compared to 1,093 in Q1 2019.
Revenue increased by 230% to $509,532, compared to $154,279 in Q1 2019.
Gross Profit per tonne reduced because most of Q1 2019 sales were exported to
international markets, where the product achieves higher Gross Margin per tonne
compared to the domestic market. Overall export volume grew by 124%, but the export
share on total sales was proportionally reduced.
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