Bioceres Crop Solutions Corp. · NASDAQ:BIOX
Bioceres Crop Solutions — Bank of America Merrill Lynch Global Agriculture & Materials Conference 2020
22 slides from Bioceres Crop Solutions's conference presentation, February 2020
Slide 1: Bank of America Merrill Lynch Global Agriculture & Materials Conference
Bank of America Merrill Lynch Global Agriculture & Materials Conference February 2020
Slide 2: Disclaimer and forward-looking statement
Disclaimer and forward-looking statement This Presentation is for informational purposes only and does not constitute an offer or invitation to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, assets, business, debt or other financial instruments of the Company or
Slide 3: Climate change and environmental resources
Climate change and environmental resources In 2050 we will need 2.1 planets of resources In 2019 we used 1,7 planets of resources In 1970 we used 1 planet of resources 3
Slide 4: Climate change and agriculture
Climate change and agriculture Climate change impact on crop yields Agriculture-related activities account for 24% will be negative from 2030s onwards of the global greenhouse gas emissions Agriculture, Forestry and other land use STUDIES WITH GIVEN YIELD RANGE (%) Industry 21% 24% DISTRIBUTION OF T
Slide 5: The challenge
The challenge Increase agricultural productivity while bringing global agriculture to carbon neutrality 5
Slide 6: About us
About us Bioceres is an Ag-tech Company developing solutions to enable the transition of agriculture towards carbon neutrality Bioceres Crop Solutions listing in NYSE American. Micro-beaded fertilizers technology Regulatory Founded by leaders of the incorporated approval of HB4® soybean in Conservat
Slide 7: Developing solutions for...
Developing solutions for... by developing technologies that improve productivity by originating grain produced with and improved while preserving environmental resources – creating environmental footprint and partnering with selected intrinsic economic value to enable farming transition to processor
Slide 8: HB4 technology
HB4 technology Only available technology for drought tolerance in soybean-wheat cropping systems 8
Slide 9: Abiotic stress is key to improving crop yields
Abiotic stress is key to improving crop yields EcoSoy EcoWheat HB4 prepares the plant to better withstand Combines validated HB4 technology with adverse environmental conditions Glufosinate herbicide tolerance (HT) CONTROL CONTROL Drought & Salinity tolerance Drought & Salinity tolerance +13% impact
Slide 10: EcoWheat and EcoSoy addressable hectares
34 Mha 29 Mha 20 Mha 160 $/ha 55 $/ha Combination of EcoWheat and EcoSoy for Argentina. Brazil and US, EcoSoy only 10
Slide 11: HB4 regulatory approvals
HB4 regulatory approvals Regulatory approval in over 80% of the global soybean market (AR, BR and US), and pending approvals in 6 other countries 11
Slide 12: HB4 and the EcoSeed concept
HB4 and the EcoSeed concept Isolated and characterized microbial Integration of strains into HB4 varieties Integrated/customized strains that promote growth for and other biological assets, to create seed product with data different environments non-replicable seed products interface 12
Slide 13: HB4 go-to-market strategy
HB4 go-to-market strategy Technology licensed to seed Varieties licensed to seed Proprietary EcoSeed channel to companies distributors farmers/partners 13
Slide 14: The HB4 program: from farmers to partners
The HB4 program: from farmers to partners Wheat - Soybean Monoculture HB4® None No-till Variable tillage Biological + Conventional microbeaded fertilizers macronutrients Biologicals + high performance Conventional adjuvants and molecules agrochemicals OKT monitoring + scouting None ASC Certified Unc
Slide 15: Data gathering - the key for unlocking A.I. value
Data gathering - the key for unlocking A.I. value 15
Slide 16: Data uses through A.I., M.L and block-chain
Data uses through A.I., M.L and block-chain – A path to in silico agriculture 16
Slide 17: Our business stages
Our business stages START-UP PHASE (2001-2011) JV´s and ACQUISITIONS (2012 – today) FROM BUSINESS AS USUAL… MANUFACTURE SALES SUPPLY USE DISPOSAL RESOURCES DEVELOPING OF KEY TECHNOLOGIES AND PARTNERSHIP AND COMPLEMENTARY COMPETITIVE MOAT ASSETS …TO VALUE CHAIN TRANSFORMATION 17
Slide 18: Proven track-record in delivering solid financial performance
Proven track-record in delivering solid financial performance Substantial portion of revenues linked to US dollar, with the exception of Brazil which represents roughly 10% of our top line Revenue ($M) Adjusted EBITDA ($M) Continued and sustained revenue growth Adj. EBITDA 16% 16% 26% 25% Margin 168
Slide 19: Unaudited consolidated statement of comprehensive income
Unaudited consolidated statement of comprehensive income Figures in $ Three-month period Three-month period Six-month period Six-month period ended ended ended ended 12/31/2018 12/31/2019 12/31/2018 12/31/2019 Total revenue 62,459,242 62,994,288 92,071,466 99,245,946 Cost of sales (33,153,669) (32,9
Slide 20: Unaudited consolidated statement of financial position
Unaudited consolidated statement of financial position Figures in $ ASSETS 12/31/2019 06/30/2019 LIABILITIES 12/31/2019 06/30/2019 CURRENT ASSETS CURRENT LIABILITIES Cash and cash equivalents 10,568,858 3,450,873 Trade and other payables 55,356,154 40,578,494 Other financial assets 5,018,453 4,683,5
Slide 21: Annex I - Corporate structure
Annex I - Corporate structure Bioceres SA (ARG) 36.1M 100% Outstanding Warrants structure Bioceres LLC shares 11,5m publicly trade warrants (NYSE: BIOX) (USA) (NYSE: BIOX) - Strike Price. 11,5 x share 76,9%* - Maturity: Five years after business combination - Can be redeem by the company at any time
Slide 22: Contact us
Contact us Investor Relations Investorrelations@biocerescrops.com (54) 0341 4861100 Investors.biocerescrops.com