Mountain Province Diamonds Inc. · OTC:MPVDF
Mountain Province Diamonds — Q1 2022 Earnings Presentation
11 slides from Mountain Province Diamonds's earnings presentation, May 4, 2022
Slide 1: Q1 2022 Webcast
TSX: MPVD Q1 2022 Webcas t May 4th, 2022 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 – 2022 Highlights
Q1 – 2022 HIGHLIGHTS Record Quarterly Adjusted EBITDA of C$44.6M Record average sales value per carat of US$ 132/carat Updated NI 43-101 Technical Report featuring C$1.2Bn pre-tax/royalty attributable to MPVD US$50M Junior Credit Facility closed Scotiabank Analyst recommendation upgrade from Sector
Slide 5: Q1 2022 vs 2021 Production Highlights
Q1 2022 VS 2021 PRODUCTION HIGHLIGHTS Q1 2022 Q1 2021 ∆ QoQ Ore and waste mined Tonnes ‘000s 8,168 5,605 ↑ 2,563 (46%) (100% basis) Ore mined Tonnes ‘000s 1,019 515 ↑ 504 (99%) (100% basis) Tonnes Treated ‘000s (100% basis) 708 626 ↑ 82 (13%) Grade (cts/t) 1.68 2.22 ↓ 0.55 (-25%) MPV Carats recovere
Slide 6: Q1 2022 vs 2021 Financial Highlights
Q1 2022 VS 2021 FINANCIAL HIGHLIGHTS (All figures in CAD unless otherwise specified) (‘000s) CAD Q1 2022 Q1 2021 ∆ QoQ Revenue $84,653 $54,224 ↑ 30,429 (56%) Adjusted EBITDA $44,585 $19,178 ↑ 25,407 (132%) Adjusted EBITDA Margin (%) 53% 35% ↑ 18 (51%) Net Income (Loss) (per share, diluted) $0.11 $0.
Slide 7: Q1 2022 vs 2021 Financial Highlights
Q1 2022 VS 2021 FINANCIAL HIGHLIGHTS (All figures in CAD unless otherwise specified) (‘000s) CAD Q1 2022 Q1 2021 ∆ QoQ Cash Position $17,425 $14,314 ↑ 3,111 (22%) Earnings from Mine Operations $42,815 $13,736 ↑ 29,079 (212%) Cash Cost of Production per Tonne Treated, including Capitalized Stripping
Slide 8: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE REVENUE ('000) CAD ADJUSTED EBITDA ('000) CAD $94,208 $44,585 $85,144 $84,653 $41,171 $75,147 $37,874 $37,091 $54,224 $19,178 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 CASH POSITION ('000) CAD $42,488 $34,538 $25,000 $17,425 $14,314 Q1/21 Q2/21 Q3/2
Slide 9: Global Rough Diamond Market Momentum Continues
GLOBAL ROUGH DIAMOND MARKET MOMENTUM CONTINUES Supply-Demand Dynamics Remain in the Company’s Favour Gahcho Kué Diamonds Remain in High Demand • In 2021 Producers increased production volumes and pulled from • The sales in Q1/22 have confirmed the strength in the inventories to satisfy strong demand
Slide 10: Business Strategy
BUSINESS STRATEGY 1.- Optimize the Business Focus on Safety, Operations and Costs – drive the bottom line. Realize the maximum value for the product 2.- Drive Sustainable Development Reduction in CO₂ emissions. Focus on Environmental stewardship, Indigenous capacity building & local economic develop
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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