Investor Presentaiton
7
Q2 2022 Financial Statements
All amounts in C$'000
Q2 2022
Q2 2021
YOY
2022 YTD
2021 YTD
YOY
Revenue
24,861
5,376
362%
36,165
6,207
483%
Production costs
(5,332)
(1,498)
(256%)
(7,987)
(1,988)
(302%)
Gross Profit
19,529
3,878
404%
28,178
4,219
568%
Gross Margin
79%
72%
N/A
78%
68%
N/A
Sales and product delivery freight expenses
(8,110)
(2,236)
263%
12,041
2,767
335%
General and administrative expenses
(655)
(422)
(55%)
1,696
1,119
(52%)
EBITDA (1)
10,765
1,220
782%
14,441
333
4241%
Share Based and Bonus Payments (Non-Cash Event) (2)
(40)
(693)
94%
104
1,514
93%
Depreciation and Amortisation (2)
(38)
(10)
(267%)
(64)
(16)
(299%)
Profit on disposal of plant and equipment (2)
N/A
9
N/A
Operating Profit / (loss) after non-cash events
10,686
(517)
N/A
14,273
(1,188)
N/A
Interest Income/Expense
Net Profit/(Loss) before tax
Income tax
(245)
(56)
(336%)
(430)
(131)
(228%)
10,441
(461)
N/A
13,843
(1,319)
N/A
(816)
(188)
(335%)
(1,186)
(219)
(443%)
Net Profit / (Loss)
(1)
Non GAAP measure
(2)
Included in General and Administrative expenses in financial statements
9,625
273
3432%
12,657
(1,538)
N/A
(3) - Please see Income Tax notes
VERDE AGRITECHView entire presentation