Goodfood Market Corp. · TSX:FOOD
Goodfood Market — Q4 2021 Earnings Presentation
11 slides from Goodfood Market's earnings presentation, Nov 17, 2021
Slide 1: FY-21 & Q4-21 Earnings Presentation
FY-21 & Q4-21 Earnings Presentation November 17, 2021
Slide 2: Caution Regarding Forward-Looking Statements
Caution Regarding Forward-Looking Statements This presentation contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward- looking information includes, but is not limited to, information with respect to our objectives and the strategies to
Slide 3: Key Business Highlights
Key Business Highlights Delivered record annual net sales and strong year-over-year growth • Generated record net sales and gross profit of $379 million and $116 million, respectively − 33% net sales growth and 34% gross profit growth in the context of last year’s significantly positively impacted d
Slide 4: Subscribers, Active Customers and Net Sales
Subscribers (1), Active Customers (1) and Net Sales The expansion of our product offering and faster delivery times have led to continued growth in basket sizes and order frequency, driving strong net sales growth for Fiscal 2021, while fourth quarter was seasonally slow and impacted by re-opening S
Slide 5: Gross Profit, Adj. EBITDA and Net Loss
Gross Profit, Adj. EBITDA (1) and Net Loss Gross Profit and Gross Margin increased to a record $116 million and 30.6% for the year driven by operating leverage in the first three quarters of the year, cost-effective delivery and automation investments, while lower volume in Q4 and inflation particul
Slide 6: CFO and CAPEX
CFO and CAPEX Cash flow from operations turned negative as investments in on-demand grocery led to a net loss; capital expenditure spend increased to support on-demand penetration Cash Flows Provided by CAPEX Operating Activities C$ millions C$ millions $30.0 $7.2 $0.6 $20.0 $18.8 4.9% 4.9% $10.0 $8
Slide 7: Key Financial Highlights
Key Financial Highlights Goodfood delivers record annual net sales of $379M (in millions of Canadian $ except for percentage information and active subscribers) Q4-21 Q4-20 Y-o-Y D FY-21 FY-20 Y-o-Y D Net Sales $79.4 $83.7 -5% $379.2 $285.4 33% Gross profit 18.2 27.5 -34% 116.1 86.4 34% Gross margin
Slide 8: Why On-Demand?
Why On-Demand? On-demand offers all the key characteristics to bring a superior value proposition to customers… Traditional Grocery Online Grocery On-Demand Grocery Experience Physical Trip Order & Wait Order & Receive 60 minutes + 2h – 48h 60 min. or Time less Avg.: 36 min. Own inventory / li
Slide 9: Q&A
Q&A » goodfood
Slide 10: Metrics and non-IFRS financial measures
Metrics and non-IFRS financial measures The table below defines metrics and non-IFRS financial measures used by the Company throughout this presentation. Non-IFRS financial measures do not have standardized definitions prescribed by IFRS and, therefore, may not be comparable to similar measures pres
Slide 11: Company Contact – Investor Relations & Media
COMPANY CONTACT – INVESTOR RELATIONS & MEDIA Jonathan Roiter, Roslane Aouameur, Chief Financial Officer Senior Director, Financial Planning & Investor 1 (855) 515-5191 Relations IR@makegoodfood.ca 1 (855) 515-5191 IR@makegoodfood.ca