Slide 1: Q2 2024 Update
August /2024 Q2 2024 Update AGRITECH
Slide 2: We are not good enough for you to invest if you
If you are risk averse don’t buy our stock. Don’t rely on anything on this We are not good enough for you to invest if you: TSX: NPK presentation. This presentation contains certain forward-looking information, which includes but is not limited to, statements with respect Are risk averse. to Verde A
Slide 3: Buy Super Greensand at Amazon
TSX: NPK Buy Super Greensand® at Amazon: Estados unidos - ícones de bandeiras grátis 5% OFF Coupon (USA): 5OFFQ32024 The discount codes are valid through August 31, 2024. The codes are limited to a single unit per order and to a single order. 3
Slide 4: Market overview
market overview _ AGRITECH
Slide 5: KCl prices
KCl prices_ TSX: NPK After the historic high reached in 2022, average KCl CFR price in the second quarter of 2024 declined by 17% compared to the same period of 2023, and by 74% compared to 2022. KCl Average Price (US$) 1400 1200 1000 800 600 400 200 0 Oct/21 Mar/22 Oct/22 Oct/23 Aug/21 Feb/22 Aug/2
Slide 6: Brazilian agricultural market
90 110 130 150 170 190 50 60 70 80 90 100 110 Source: 03/01/2022 19/01/2022 04/02/2022 22/02/2022 14/03/2022 0 30/03/2022 18/04/2022 05/05/2022 0 23/05/2022 08/06/2022 27/06/2022 0 13/07/2022 29/07/2022 levels observed in Q2 2022 and Q2 2023. 16/08/2022 0 01/09/2022 1 - EPEA – ESALQ / USP. Available
Slide 7: Brazilian economic scenario and currency exchange
brazilian economic scenario and currency exchange_ TSX: NPK The current SELIC interest rate is 10.50%. The Central Bank of Brazil projects the Canadian dollar valuated by 4% versus Brazilian Real in Q2 2024 compared to the same SELIC rate to be 10.50% by the end of 2024, 9.75% by the end of 2025, an
Slide 8: Q2 2024 results
Q2 2024 results_ UZ AGRITECH
Slide 9: Q2 2024 highlights
Q2 2024 highlights_ TSX: NPK Cash Cash and other receivables held by the Group in Q2 2024 were $15.3M, compared to $23.8M in Q2 2023. The Group has secured bank loans of $0.8M in Q2 2024. As of June 30, 2024, the Group's total loan balance was $41.0M. Profitability Sales in Q2 2024 were 85K tonnes,
Slide 10: Q2 2024 financial statements
Q2 2024 financial statements_ TSX: NPK All amounts in CAD $’000 Q2 2024 Q2 2023 %Δ 2024 YTD 2023 YTD %Δ Revenue 6,480 10,305 (37%) 11,548 21,430 (46%) Production costs (1,815) (1,914) (5%) (3,486) (4,623) (25%) Gross Profit 4,665 8,391 (44%) 8,062 16,807 (52%) Gross Margin 72% 82% N/A 70% 79% N/A Sa
Slide 11: Operational summary
operational summary_ TSX: NPK All amounts in CAD $’000 Q2 2024 Q2 2023 %Δ 2024 YTD 2023 YTD %Δ Tons sold ‘000 85 107 (21%) 170 215 (21%) Average Revenue per ton sold $ 76 96 (21%) 68 99 (31%) Average Production cost per ton sold $ (21) (18) 17% (21) (26) (19%) Average Gross Profit per ton sold $ 55
Slide 12: Sales, general and administrative expenses
sales, general and administrative expenses_ TSX: NPK All amounts in CAD $’000, except Q2 2024 Q2 2023 %Δ 2024 YTD 2023 YTD %Δ percentages Sales expenses Sales and marketing expenses (896) (1.030) (13%) (1.733) (2.100) (17%) Fees paid to sales agents (83) (94) (12%) (216) (231) (6%) Total Sales expen
Slide 13: Logistics
logistics_ TSX: NPK FOB vs CIF (tons sold) 120,000 , 107,816 , 100,000 , 84,954 , 77,954 , 80,000 , 68,683 , • The volume sold as CIF in Q2 2024 represented 81% of total sales, 60,000 , compared to 72% in Q2 2023. 40,000 , 29,862 , • Average freight cost per ton for products sold on a CIF basis 20,0
Slide 14: Q2 Results: CAGR in the last 5 years
Q2 Results: CAGR in the last 5 years_ TSX: NPK Q2 Total Sales Volume (tonnes) Q2 Total Revenue 250,000 30,000,000 202,000 24,861,000 25,000,000 200,000 20,000,000 150,000 15,000,000 107,000 100,000 96,000 85,000 10,305,000 71,000 10,000,000 6,480,000 50,000 5,376,000 5,000,000 2,492,000 - - 2020 202
Slide 15: Cash flow and debt overview
cash flow and debit overview_ TSX: NPK • Cash held by the Group in Q2 2024 was $2.7M compared to $6.2M in Q2 2023 a decrease of 56%, and trade receivables was $12.8M in Q2 2024, compared to $17.6M in Q2 2023. • As of June 30, the Group's total loan balance was $41.0M compared to $38.4M in Q2 2023, w
Slide 16: AGRITECH
AGRITECH
Slide 17: AGRITECH
AGRITECH