Goodfood Market Corp. · TSX:FOOD
Goodfood Market — Q2 2025 Earnings Presentation
11 slides from Goodfood Market's earnings presentation, Apr 22, 2025
Slide 1: Q2-2025 Earnings Presentation
Q2-2025 EARNINGS PRESENTATION April 22, 2025
Slide 2: Forward-looking information
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 achieve these objectives, as well as informati
Slide 3: What We Achieved this Quarter
What We Achieved this Quarter Consistent Profitability … 6 Adjusted EBITDA1 & Margin 1 8.9% 9.2% 5 7.8% C$ millions and % 7.2% 4 3 4.7% 4.5% 3.6% 2 $4 $4 $3 $3 1 1.9% $1 1.5% $2 $1 $1 $1 0 -1 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 -2 Adj. EBITDA Adj. EBITDA margin % -3 Nine consecutiv
Slide 4: Net Sales and Active Customers
Net Sales and Active Customers1 Second quarter of 2025 marked by increased focus on high-value, more profitable customers helping drive record order value through macroeconomic headwinds and stronger than expected winter holiday seasonality Net Sales Quarterly Active Customers1 C$ millions End of pe
Slide 5: Gross Profit, Adj. EBITDA and Net Income (Loss)
Gross Profit, Adj. EBITDA1 and Net Income (Loss) Operational improvements & cost efficiencies drove Gross Margin2 stability in tough environment, driving positive Adj. EBITDA1 for a ninth consecutive quarter Gross Profit Adjusted EBITDA1 Net Income & Gross Margin2 & Margin1 (Loss) C$ millions and %
Slide 6: Cash Flows
Cash Flows CFO ended negative, while lower y-o-y as a result of timing of Accounts Payables payments related to SG&A; Capex remains low and with Term Loan repaid, net leverage remains in good position with further deleverage post-repayment of 2025 Debentures subsequent to quarter end Cash Flows From
Slide 7: Key Financial Highlights
Key Financial Highlights Continued strength in gross margin1 and consistent Adjusted EBITDA2 generation on the back of cost discipline driving resiliency (in millions of Canadian $ except for percentage information) Q2-25 Q2-24 Y-o-Y ∆ Net Sales $30.5 $39.8 -23% Gross Profit 13.0 17.1 -24% Gross Mar
Slide 8: Outlook: Customer centricity while navigating macro headwinds
Outlook: Customer centricity while navigating macro headwinds 1 Doing more for the customer, driving record basket sizes: → Launched our Heat & Eat offering in select geographies → Value Plan as entry point, global cuisine to give sense of adventure to customers 2 Additional growth avenues, includin
Slide 9: Q&A
3 Anco epeddtood Q&A
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: makegoodfood.ca
Roslane Aouameur CHIEF FINANCIAL OFFICER IR@makegoodfood.ca COMPANY CONTACT – INVESTOR RELATIONS & MEDIA Roslane Aouameur, Chief Financial Officer makegoodfood.ca 1 (855) 515-5191 IR@makegoodfood.ca