Investor Presentaiton
6
Q2 2022 Highlights
Cash
Ability to generate significant free cash flow in the long term.
Profitability
Operations
Cash utilised from investing activities increased 2,063% in Q2 2022, to $12,480,000 compared to $577,000 in Q2 2021.
Trade and other receivables increased 279% in Q2 2022, to $20,528,000 compared to $5,411,000 in Q2 2021.
Total loans for CAPEX and working capital in June 30: $8,911M.
Revenue increased by 362% in Q2 2022, to $24,861,000 compared to $5,376,000 in Q2 2021. Revenue in Brazilian Real ("R$") increased by y
327% in Q2 2022, to R$99,185,000 compared to R$23,215,000 in Q2 2021.
Sales by volume increased by 112% in Q2 2022, to 202,255 tonnes sold compared to 95,551 tonnes sold in Q2 2021.
Gross margin increased to 79% in Q2 2022, compared to 72% in Q2 2021.
EBITDA before non-cash events increased by 782% in Q2 2022 to $10,765,000, compared to $1,220,000 in Q2 2021.
Net profit increased by 3426% in Q2 2022, to $9,625,000 compared to $273,000 in Q2 2021.
Plant 2 is expected to be commissioned by the end of August 2022, revving up to an initial production capacity of 1.2 million tonnes per year
("tpy").
Plant 2's full capacity of 2,400,000 tpy is expected to be reached in early Q4 2022, four times Verde's Plant 1 current production capacity of
600,000 tpy.
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