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Investor Presentaiton

Q4 AND FY 2020 FINANCIAL STATEMENTS All amounts in CAD $'000, except percentages Q4 2020 Q4 2019 YoY FY 2020 FY 2019 YoY Revenue Production costs 2,209 1,491 48% 9,167 6,029 52% -912 -960 -5% -3,515 -3,166 11% Gross Profit Gross Margin 1,297 531 144% 5,652 2,863 97% 59% 36% N/A 62% 47% N/A Sales expenses -673 -202 233% -2,270 -1,303 74% General expenses -588 -381 54% -1,791 -1,535 17% Operating Profit/(Loss) before non cash events 36 -52 N/A 1,591 25 Non Cash Events* Shared Based and Bonus Payments -18 113 N/A -425 -787 -46% Depreciation and Amortization -4 -2 73% -23 -22 4% Loss on disposal of property, plant and equipment N/A -17 ā—‹ N/A Operating Profit/(Loss) after non cash events 14 59 -77% 1,126 -784 -244% Corporation tax -79 -41 93% -330 -186 78% Interest Income/Expense -127 -29 339% -246 -137 80% Net Profit/(Loss) -192 -11 N/A 550 -1,107 N/A * 5 (included in administrative expenses in financial statements) VERDE AGRITECH
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