Benson Hill — Star Peak Corp II — Q2 2021 Earnings Presentation

5 slides from Benson Hill's earnings presentation, Aug 10, 2021

Slide 1: Q2 2021 Financial Results
August 10, 2021 Q2 2021 Financial Results
Slide 2: Forward-Looking Statements
Forward - Looking Statements Certain statements in this communication may be considered “forward - looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward - looking statements generally relate to future eve
Slide 3: Q2 2021 Revenue Highlights
Q2 2021 Revenue Highlights 3 $31.0 $39.7 Q2 2020 Q2 2021 $27.0 $39.7 $4.0 Q2 2020 Q2 2021 REVENUES (in millions) REVENUE ON A NORMALIZED BASIS (in millions) Revenues Non - Core Barley Business (Divested in late 2020)
Slide 4: Segment Revenue Results
$13.8 $22.7 $4.0 Q2 2020 Q2 2021 Segment Revenue Results 4 Performance driven by commercial launch of Veri Ρ cooking oil, high protein and lower anti - nutrient soybean meal and higher average selling prices for conventional yellow pea ingredients $12.2 $16.9 Q2 2020 Q2 2021 Performance driven by hi
Slide 5: Q2 2021 Gross Profit and Margin
13.9% 0.0% 7.0% Q2 2020 Q2 2021 5 $4.3 $(0.1) Q2 2020 Q2 2021 $4.3 $(0.1) $2.8 Q2 2020 Q2 2021 *Excludes $2.8 million in non - recurring seed production costs in the second quarter of 2021, including freight, to accelerate th e plantings of the Ultra - High Protein soybean seed and drive future grow