AgroFresh Results Presentation Deck
Gross Profit
Focused on Driving
Gross Profit Dollar Growth
2Q22
Gross profit increased
$1.7 million or
+11.4% versus the
prior year period
Gross margin 63.9%
Strong post-harvest margins supported by
Direct selling and service model
Asset-light operating model
Leveraging R&D investment to innovate
products with an attractive margin profile
ā
1H22
Gross profit increased
$0.9 million or
+2.1% versus the prior
year period
Gross margin 67.7%
ā
Operating Expenses
db
ross
Resource Reallocation to Support Growth
Continued focus on expense discipline and thoughtful resource allocation -
steering organization toward growth and revenue generating activities
Research & Development
1H22 decreased
$0.9 million versus
the prior year period
2Q22 decreased
$0.6 million versus the
prior year period
Lower R&D costs
due primarily to the
timing of projects
Selling, General and Administrative
1H22 decreased
3.5% versus the
prior year period
2Q22 increased
5.1% versus the
prior year period
Fluctuations in SG&A
expenses due primarily by
the timing of expenses
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