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Investor Presentaiton

10 OTHER HIGHLIGHTS -500 -1000 -1500 -2000 -2500 Sales Expenses (C$'000) -57 -145 -202 -196 -478 -673 -932 -371 300,000 250,000 200,000 FOB vs CIF (tonnes) -1137 -1133 150,000 -1303 117,413 119,809 100,000 50,000 -2270 Q4 2019 Q4 2020 FY 2019 FY 2020 ■Sales and marketing expenses Product delivery freight expenses Total Sales expenses Total Sales Expenses Sales and marketing expenses Product delivery freight expenses Q4 YoY 233% 244% 229% FY YOY 74% 22% 205% 212,025 31,682 2,396 FY 2019 FY 2020 FOB CIF ■ Total 243,707 Sales (tonnes) FY 2019 FY 2020 YOY FOB 117,413 212,025 81% CIF 2,396 31,682 1222% Total 119,809 243,707 103% Expenses increased mainly due to additional sales and marketing staff to support the Company growth from an average of 13 employees in 2019 to an average of 32 employees in 2020, along with increased commissions paid to consultants. The Company has significantly increased the volume sold as CIF, from 2% of total sales in 2019 to 13% in 2020. VERDE AGRITECH
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