Investor Presentaiton
Q2 2021 FINANCIAL STATEMENTS
All amounts in CAD $'000, except percentages
Q2 2021
Q2 2020
YOY
2021 YTD
2020 YTD
YOY
5.376
2.492
116%
6.207
3.001
107%
Revenue
Production costs
Gross Profit
(1.498)
(955)
57%
(1.988)
(1.286)
55%
3.878
1.537
152%
4.219
1.715
146%
72%
62%
Gross Margin
N/A
68%
57%
N/A
Sales expenses
(2.236)
(604)
270%
(2.767)
(1.026)
170%
General expenses
(422)
(349)
21%
(1.119)
(768)
46%
Operating Profit/(Loss) before non cash events
1.220
584
109%
333
(80)
(518%)
Non Cash Events 1,2
Shared Based and Bonus Payments²
(887)
(28)
3056%
(905)
(68)
1229%
Depreciation and Amortization²
(10)
(3)
202%
(16)
(15)
7%
○
○
N/A
9
О
N/A
Loss on disposal of property, plant and equipment
Operating Profit/(Loss) after non cash events
323
553
(42%)
(579)
(163)
256%
Corporation tax³
(188)
(98)
92%
(219)
(116)
88%
Interest Income/Expense
(56)
(11)
383%
(131)
(70)
89%
79
444
Net Profit/(Loss)
(82%)
(929)
(348)
167%
1 One time, non-cash charge from Verde's long-term incentive programme regarding the vesting of stock options granted to 58 employees.
2- Included in General and Administrative expenses in the Financial Statements.
5
3 - For further details please refer to Q2 2021 Management's Discussion and Analysis.
VERDE
AGRITECHView entire presentation