Goodfood Market Corp. · TSX:FOOD
Goodfood Market — Q1 2021 Earnings Presentation
11 slides from Goodfood Market's earnings presentation, Jan 13, 2021
Slide 1: Q1-21 Earnings Presentation
Q1-21 Earnings Presentation January 13, 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 a
Slide 3: Q1-21 – Key financial highlights
Q1-21 – Key financial highlights Goodfood continues to deliver consistently strong growth in revenues and margin expansion leading to improved profitability metrics and cementing industry leadership (in millions of Canadian $ except for percentage information and active subscribers) Q1-21 Q1-20 Y-o-
Slide 4: Key business highlights
Key business highlights Goodfood continued to achieve strong growth and margin expansion… Growth underpinning continued …while consistently adding to our members’ strong results… experience… • Reaching 306,000 active subscribers (1) • Launching Goodfood WOW: Unlimited Same-Day o +33% y-o-y Grocery D
Slide 5: Subscribers and Revenue
Q1-21 – Subscribers (1) and Revenue Increased order rates and basket sizes led to revenue growth surpassing significantly subscriber growth Active Subscribers (1) Revenues End of period C$ millions 62% $91.4 33% 306,000 230,000 $56.3 126,000 $29.6 Q1-19 Q1-20 Q1-21 Q1-19 Q1-20 Q1-21 (1) This is a Me
Slide 6: Gross Profit, Adj. EBITDA and Net Loss
Q1-21 – Gross Profit, Adj. EBITDA (1) and Net Loss Gross Profit increased substantially on the back of strong execution, investments in automation and technology driving operational efficiencies, and increased scale, leading in large part to positive Adjusted EBITDA (1) Gross Profit Adjusted EBITDA
Slide 7: CFO and CAPEX
Q1-21 – CFO and CAPEX Driven by improved profitability and our attractive working capital structure, Cash Flow Provided by Operations was positive to the tune of $2.1 million while capex will ramp up in coming quarters Cash Flows Provided by CAPEX Operating Activities C$ millions C$ millions $3. 0 $
Slide 8: Outlook
Outlook Adapt to changing times… …and to permanent …while keeping focus on trends… our strategy The pandemic brought habit Strong secular trends are Building Canada’s #1 grocery changes across multiple markets crystallizing and Goodfood delivery platform remains #1 • Shift to e-commerce across multi
Slide 9: goodfood
goodfood
Slide 10: Metrics and non-IFRS financial measures
Metrics and non-IFRS financial measures Goodfood reports its financial results in accordance with International Financial Reporting Standards ("IFRS"). Goodfood also uses non-IFRS measures in this presentation that do not have any standardized meaning prescribed by IFRS, including revenue run-rate,
Slide 11: Company Contact – Investor Relations & Media
COMPANY CONTACT – INVESTOR RELATIONS & MEDIA Philippe Adam, Roslane Aouameur, Chief Financial Officer Senior Director, Financial Planning & Investor Relations 1 (855) 515-5191 1 (855) 515-5191 IR@makegoodfood.ca IR@makegoodfood.ca