Goodfood Market Corp. · TSX:FOOD
Goodfood Market — Q2 2021 Earnings Presentation
12 slides from Goodfood Market's earnings presentation, Apr 7, 2021
Slide 1: Q2-21 Earnings Presentation
Q2-21 Earnings Presentation April 7, 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: Key financial highlights – Q2-21
Key financial highlights – Q2-21 Goodfood delivers record quarterly revenues of over $100M, continued margin improvement and positive Adjusted EBITDA (1) for the fourth consecutive quarter (in millions of Canadian $ except for percentage information and active subscribers) Q2-21 Q2-20 Y-o-Y Active
Slide 4: Key business highlights – Q2-2021
Key business highlights – Q2-2021 Hit key milestones to deliver record financial results • Generated $100M+ of revenues in a quarter for the first time since inception − Continued strength in key metrics driving revenue growth: basket size, order frequency and customer loyalty • Generated $30M+ of g
Slide 5: Goodfood's strategy anchored in building momentum in its flywheel
Goodfood’s strategy anchored in building momentum in its flywheel 319,000 subscribers (1) & 1 Grow Subscriber Base a leader in delivered-to-home food grocery in Canada • Successful, data-driven efficient marketing Increase Profit per • Market share gain in Leading Canadian 6 online grocery Subscribe
Slide 6: Q2-21 – Subscribers and Revenue
Q2-21 – Subscribers (1) and Revenue The expansion of our product offering and faster delivery times have led to continued growth in basket sizes and order frequency, driving revenues growth at 2.4x subscribers (1) growth Active Subscribers (1) Revenues End of period C$ millions 71% $100.7 30% 319,00
Slide 7: Q2-21 – Gross Profit, Adj. EBITDA and Net Loss
Q2-21 – Gross Profit, Adj. EBITDA (1) and Net Loss Gross Profit increased to a record $30.6 million driven by strong execution, a targeted incentives strategy, and investments in technology driving operational efficiencies, all leading in large part to continued positive Adjusted EBITDA (1) Gross Pr
Slide 8: Q2-21 – CFO and CAPEX
Q2-21 – CFO and CAPEX Driven by improved profitability and our attractive working capital structure, cash flows provided by operating activities was positive to the tune of $5.4 million while capex will ramp up in coming quarters Cash Flows Provided by CAPEX Operating Activities C$ millions C$ milli
Slide 9: 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 our • Shift to e-commerce across mult
Slide 10: goodfood
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Slide 11: 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 12: Company Contact – Investor Relations & Media
COMPANY CONTACT – INVESTOR RELATIONS & MEDIA Rania Lawandi, Roslane Aouameur, Interim Chief Financial Officer Senior Director, Financial Planning & Investor Relations 1 (855) 515-5191 1 (855) 515-5191 IR@makegoodfood.ca IR@makegoodfood.ca