Investor Presentaiton

Cash Cash utilised from investing activities decreased by 44% in Q1 2023, to $1.9 million compared to $3.4 million in Q1 2022. Q1 2023 Highlights Cash and other receivables held by the Company in Q1 2023 were $34.3 million, compared to $22.3 million in Q1 2022 and $4.8 million in Q1 2021. Total loans for CAPEX and working capital in March 31: $45.4 million. Profitability Sales by volume were 108,000 tonnes in Q1 2023, compared to 112,000 tonnes in Q1 2022 and 16,558 tonnes in Q1 2021. Revenue in Q1 2023 was $11.1 million, compared to $11.3 million in Q1 2022 and $0.8 million in Q1 2021. Gross margin in Q1 2023 was 76%, compared to 77% in Q1 2022. Operations EBITDA before non-cash events in Q1 2023 was $2.0 million, compared to $3.7 million in Q1 2022 and a $0.8 million loss in Q1 2021. Net loss in Q1 2023 was $0.1 million, compared to a $3.0 million profit in Q1 2022 and a $1.0 million loss in Q1 2021. Total non-current assets in Q1 2023 were $68.3 million, compared to $30.1 million in Q1 2022 and $21.4 million in Q1 2021. Verde's Plant 2 production capacity is 2.4Mtpy and Plant 1 operates at a capacity of 0.6Mtpy; therefore, Verde's current overall production capacity is 3Mtpy. TSX: NPK OTCMKTS: VNPKF со 10 10

View entire presentation