Benson Hill Investor Presentation Deck
2022 financial results and 2023 outlook(1)
(in $ Millions USD)
Consolidated Revenue
Proprietary
Consolidated Gross Profit
Net Loss from Continuing Operations
Total Adjusted EBITDA
CAPEX
Free Cash Flow
Cash, Restricted Cash and Marketable
Securities
(as of December 31, 2022)
Reported
(Excludes Fresh Business)
$381
$73
$3.5
$(100)
$(82)(2)
$7
$(100) (²)
$175
2022 Financial Results
Impact of Open
Mark-to-Market
Timing difference
$(3)
$(5)
$(5)
$(5)
Excluding Open
Mark-to-Market
Timing Differences
$384
(1) The Fresh business is in the process of being divested through a two-part transaction announced on January 3, 2023, the initial portion
of which was consummated on December 29, 2022, and the second portion of which is expected to close in the second quarter of
2023. The Company will record the Fresh business as discontinued operations as of December 31, 2022.
(2) See reconciliation table in the appendix.
(3) Does not exclude open mark-to-market timing differences.
$73
$8.5
$(95)
$(77)
$7
$(100)
2023 Guidance(³)
$390-$430
$100-$110
$20-$30
$(125) - $(135)
$(63) - $(68)(²)
$20-$25
$(120) - $(128)(2)
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