Investor Presentaiton
9
OTHER HIGHLIGHTS
120.000
100.000
80.000
60.000
40.000
20.000
FOB vs CIF (tonnes)
Q2 2020
Q2 2021
FOB CIF ■ Total
General Expenses (C$'000)
-27
-50
-100
-150
-200
-197
-250
-300
-350
-400
-450
-349
-240
-70
-422
Q2 2020
Q2 2021
■General administrative expenses
■IT/Software expenses
Total General expenses
Sales (tonnes)
Q2 2020
FOB
66.943
CIF
Total
4.240
71.183
The Company has significantly increased the volume sold as CIF, from 6%
of total sales in Q2 2020 to 43% Q2 2021.
Q2 2021
YOY
Sales (tonnes)
Q2 2020
Q2 2021
YOY
54.923
(18%)
General administrative expenses
(197)
(240)
22%
41.300
874%
IT/Software expenses
(27)
(70)
156%
96.223
35%
Total General expenses
(349)
(422)
21%
General expenses have increased mainly due to:
•
•
Additional 29 administrative employees.
Increased number of the software licenses used by the Company.
A non-cash charge from Verde's long-term incentive programme regarding
the vesting of stock options granted to 58 employees.
VERDE
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