Verde Agritech Ltd · TSX:NPK
Verde Agritech — Q1 2025 Earnings Presentation
17 slides from Verde Agritech's earnings presentation, May 2025
Slide 1: Q1 2025 Update
May/2025 Q1 2025 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): 5OFFQ12025. The discount codes are valid through May 31, 2025. 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: Brazilian economic scenario and currency exchange
Brazilian economic scenario and currency exchange_ TSX: NPK The Selic interest rate was 14.25% at the end of Q1 2025 and is Canadian dollar valuated by 11% versus Brazilian Real in Q1 2025 currently 14.75%. The Central Bank of Brazil projects the rate to compared to Q1 2024, with and average exchang
Slide 6: KCl Prices
KCl Prices _ TSX: NPK Certain indicators pointed to a gradual shift in market conditions. Potash prices, particularly potassium chloride (KCl), remained stable and showed an upward trend throughout the quarter. KCl Average Price (US$) 1100 900 700 500 300 100 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/2
Slide 7: KCl Prices
KCl Prices _ TSX: NPK In Q1 2025, the average potash (KCl) CFR Brazil price increased by 7.5% year-over-year, ranging from US$295 in Q1 2024 to US$340 in Q1 2025. This price adjustment reflects a rebalancing between global supply and demand, following a period of surplus and weak market sentiment in
Slide 8: Brazilian agricultural market
Brazilian agricultural market_ TSX: NPK In Q1 2025, many agricultural businesses faced severe liquidity challenges, leading to an increasing number seeking insolvency protection and limited access to credit has hindered investments and disrupted the agribusiness ecosystem, affecting suppliers and fi
Slide 9: Q1 2025 results
Q1 2025 results_ AGRITECH
Slide 10: 2025 vs 2024 Sales Orders
2025 vs 2024 Sales Orders TSX: NPK Approved and Delivered Orders vs. Full-Year 2024 Deliveries Year-to-Date Sales Orders Growth 160% 319K tons 100% 140% 90% 80% 120% 223K tons 70% 100% 60% 80% 50% 40% 60% 30% 40% 20% 20% 10% 0% 0% YTD 2025- Approved and Delivered Orders 2024 Deliveres YTD 2025 Order
Slide 11: Q1 2025 Operational and Financial Highlights
Q1 2025 Operational and Financial Highlights_ TSX: NPK • Verde's sales volume in Q1 2025 was 48,000 tons; a 44% reduction compared to Q1 2024. Additionally, revenue had a 44% decrease compared to Q1 2024, with $2.9 million in Q1 2025. • Cash held by the Company decreased by $0.7 million, from $3.2 m
Slide 12: Q1 2025 financial statements
Q1 2O25 financial statements_ TSX: NPK 3 months ended 3 months ended All amounts in CAD $’000 %Δ Mar 31, 2025 Mar 31, 2024 Tons sold (‘000) 48 85 (44%) Average revenue per ton sold $ 59 60 (1%) Average production cost per ton sold $ (16) (20) (21%) Average gross profit per ton sold $ 44 40 9% Averag
Slide 13: Operational summary
Operational summary_ TSX: NPK All amounts in CAD $’000 Q1 2025 Q1 2024 %Δ Tons sold ‘000 48 85 (44%) Average Revenue per ton sold $ 59 60 (1%) Average Production cost per ton sold $ (16) (20) (21%) Average Gross Profit per ton sold $ 44 40 (9%) Gross Margin 73% 67% N/A Operational summary – excludin
Slide 14: Sales, general and administrative expenses
Sales, general and administrative expenses_ TSX: NPK All amounts in CAD $’000, except percentages Q1 2025 Q1 2024 %Δ Sales expenses Sales and marketing expenses (768) (837) (8%) Fees paid to sales agents (83) (133) (38%) Total Sales expenses (851) (970) (12%) General expenses General administrative
Slide 15: Debt overview
Debit overview_ TSX: NPK On April 15, 2025, Verde’s Debt Renegotiation Agreement was approved, restructuring nearly 100% of the Company’s outstanding debt. Loans liabilities before renegotiation $’000 • Adherent creditors (92% of total debt): Short-term loans 32,082 • Maturity extended to 10.5 years
Slide 16: Q&A
May/2025 Q&A AGRITECH
Slide 17: Thanks
May/2025 Thanks AGRITECH