Mountain Province Diamonds Inc. · OTC:MPVDF
Mountain Province Diamonds — Q1 2023 Earnings Presentation
11 slides from Mountain Province Diamonds's earnings presentation, May 10, 2023
Slide 1: Q1 2023 Webcast
TSX: MPVD Q1 2023 Webcast May 10th, 2023 TITLE SLIDE 1 WWW.MOUNTAINPROVINCE.COM
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT Cautionary Statement Regarding Forward Looking Information This Presentation contains certain “forward-looking statements” and “forward-looking information” under applicable Canadian and United States securities laws concerning the business, operations and financial perform
Slide 3: Notes to Investors
NOTES TO INVESTORS Non-IFRS Financial Performance Measures The Company has included non-IFRS measures in this presentation: adjusted EBITDA, adjusted EBITDA Margin (%), cash cost of production per tonne, cash cost of production per carat, and sustaining capital expenditures. The Company believes tha
Slide 4: Q1 – 2023 Highlights
Q1 – 2023 HIGHLIGHTS Record Quarterly Adjusted EBITDA of $67.5M 961,000 carats sold, with total proceeds of $128.7 million a Company Quarterly Revenue record Strong average value of $134 per carat (US$99) Net income of $28.2 million or $0.13 basic and diluted earnings per share Debt repayment of US$
Slide 5: Q1 2023 vs 2022 Financial Highlights
Q1 2023 VS 2022 FINANCIAL HIGHLIGHTS (All figures in CAD unless otherwise specified) (‘000s) CAD Q1 2023 Q1 2022 ∆ QoQ Revenue $128,657 $84,653 ↑ $44,004 (52%) Adjusted EBITDA $67,538 $44,597 ↑ $22,941 (51%) Adjusted EBITDA Margin (%) 52% 53% ↓ (1%) (-2%) Net Income (Loss) (per share, diluted) $0.13
Slide 6: Q1 2023 vs 2022 Financial Highlights
Q1 2023 VS 2022 FINANCIAL HIGHLIGHTS (All figures in CAD unless otherwise specified) (‘000s) CAD Q1 2023 Q1 2022 ∆ QoQ Cash Position $60,540 $17,425 ↑ $43,115 (247%) Earnings from Mine Operations $47,200 $42,815 ↑$ 4,385 (10%) Cash Cost of Production per Tonne Treated, including Capitalized Strippin
Slide 7: Q1 2023 vs 2022 Production Highlights
Q3 2023 VS 2022 PRODUCTION HIGHLIGHTS Q1 2023 Q1 2022 ∆ QoQ Ore and waste mined Tonnes ‘000s 8,935 8,168 ↑ 767 (9%) (100% basis) Ore mined Tonnes ‘000s 428 1,019 ↓ 591 (-58%) (100% basis) Tonnes Treated ‘000s (100% basis) 767 708 ↑ 59 (8%) Grade (cts/t) 1.72 1.68 ↑ 0.04 (2%) MPV Carats recovered ‘00
Slide 8: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE REVENUE ('000) CAD ADJUSTED EBITDA ('000) CAD $128,657 $67,538 $110,124 $97,761 $96,315 $55,127 $54,104 $85,144 $84,653 $44,597 $37,091 $23,409 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 CASH POSITION ('000) CAD $79,341 $60,540 $25,000 $2
Slide 9: Diamond Demand Forecast
DIAMOND DEMAND FORECAST • Prices of smaller diamond categories continued to outperform other categories during the final quarter of 2022 as the global supply of smaller goods remains structurally reduced since the closure of Argyle and sanctions against Russia take hold • Upstream inventories are re
Slide 10: Business Strategy
BUSINESS STRATEGY 1.- Optimize the Business Focus on safety, sustainability & operational performance at a mine level. 2.- Growth Focus on organic growth at Gahcho Kué and Kennady, both on the underground potential, reviewing options to include the 13.6 million indicated and 7.4 million inferred fro
Slide 11: Corporate Information
CORPORATE INFORMATION WWW.MOUNTAINPROVINCE.COM info@mountainprovince.com TSX & OTCQX: MPVD CORPORATE OFFICE 161 Bay Street, Suite 1410 Toronto, ON M5J 2S1 Canada MOUNTAINPROVINCE.COM TSX: MPVD 11 Tel. +1 (416) 361-3562
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