Verde Agritech Ltd · TSX:NPK
Verde Agritech — FY2024 Earnings Presentation
18 slides from Verde Agritech's earnings presentation, March 2025
Slide 1: Q4 & FY 2024 Update
March/2025 Q4 & FY 2024 Update
Slide 2: We are not good enough for you to invest if you:
If you are risk averse don’t buy our stock. Don’t rely on anything on this We are not good enough for you to invest if you: TSX: NPK presentation. This presentation contains certain forward-looking information, which includes but is not limited to, statements with respect Are risk averse. to Verde A
Slide 3: Buy Super Greensand at Amazon
TSX: NPK Buy Super Greensand® at Amazon: Estados unidos - ícones de bandeiras grátis 5% OFF Coupon (USA): 5OFFQ12025. The discount codes are valid through April 17, 2025. The codes are limited to a single unit per order and to a single order. 3
Slide 4: Market Overview_ AGRITECH
Market Overview_ AGRITECH
Slide 5: Brazilian agricultural market_
100 120 140 180 200 220 160 30 80 130 03/01/2022 03/01/2022 Source: inputs. 19/01/2022 19/01/2022 04/02/2022 04/02/2022 22/02/2022 22/02/2022 14/03/2022 14/03/2022 30/03/2022 30/03/2022 18/04/2022 18/04/2022 05/05/2022 05/05/2022 23/05/2022 23/05/2022 08/06/2022 08/06/2022 27/06/2022 27/06/2022 13/0
Slide 6: KCl Prices_
KCl Prices _ TSX: NPK While input costs remained high, commodity prices started to decline, leaving farmers who bought fertilizers at high prices in a financially difficult situation. KCl Average Price (US$) 1200 1100 1000 900 800 700 600 500 400 300 200 After the historic high reached in 2022, aver
Slide 7: Brazilian economic scenario_
Brazilian economic scenario_ TSX: NPK The Selic interest rate was 12.25% at the end of 2024 and is currently 14.25%. The Central Bank of Brazil projects the rate to increase to 15.00% by the end of the year, with a potential decrease to 12.50% by 2026. Annual inflation is forecasted at 5.5% for 2025
Slide 8: Currency exchange_
Currency exchange_ TSX: NPK Canadian dollar valuated by 6.2% versus Brazilian Real in FY 2024 compared to FY 2023, with and average exchange rate of R$4.17 in Q4 2024. As of March 20, 2024, C$1.00 = R$3.95 CAD/BRL Exchange Rate 4.40 4.27 4.20 4.15 4.15 4.09 4.08 4.04 4.06 4.02 3.98 4.00 3.93 3.87 3.
Slide 9: Brazilian agricultural market_
Brazilian agricultural market_ TSX: NPK In 2024, many agricultural businesses faced severe liquidity challenges, leading to an increasing number seeking insolvency protection and limited access to credit has hindered investments and disrupted the agribusiness ecosystem, affecting suppliers and finan
Slide 10: Q4 and FY 2024 results_ AGRITECH
Q4 and FY 2024 results_ AGRITECH
Slide 11: Full Year 2024 highlights_
Full Year 2024 highlights_ TSX: NPK Cash Cash held by the Group decreased by $3.5 million, from $6.9 million in FY 2023 to $3.4 million in FY 2024. Additionally, the Group has $6.9 million in short-term receivables. The total Cash and other receivables were $10.3 million in FY 2024. Profitability Sa
Slide 12: 2025 YTD Sales and Orders vs 2024 FY Total Sales
2025 YTD Sales and Orders vs 2024 FY Total Sales TSX: NPK 2024 FY Sales and 2025 YTD total orders (Tonnes) 100% 60% 2024 2024 FY Sales 2025 2025 Orders In 2025, after only 79 days, Verde already has orders and delivered products representing over 60% of all products delivered in 2024. 12
Slide 13: Q4 & FY 2024 financial statements_
Q4 & FY 2024 financial statements_ TSX: NPK All amounts in CAD $’000 Q4 2024 Q4 2023 %Δ FY 2024 FY 20223 %Δ Revenue 2,888 7,058 (59%) 21,597 37,863 (43%) Production costs (986) (2,230) (56%) (6,302) (9,689) (35%) Gross Profit 1,902 4,828 (61%) 15,295 28,174 (46%) Gross Margin 66% 68% n/a 71% 74% n/a
Slide 14: Operational summary_
Operational summary_ TSX: NPK All amounts in CAD $’000 Q4 2024 Q4 2023 %Δ 2024 FY 2023 FY %Δ Tons sold ‘000 48 104 (54%) 319 428 (25%) Average Revenue per ton sold $ 60 68 (12%) 89 (24%) 68 Average Production cost per ton sold $ (21) (21) 0% (20) (23) (13%) Average Gross Profit per ton sold $ 39 47
Slide 15: Sales, general and administrative expenses_
Sales, general and administrative expenses_ TSX: NPK All amounts in CAD $’000, except 3 months ended 3 months ended %Δ 2024 FY 2023 FY %Δ percentages Dec 31, 2024 Dec 31, 2023 Sales expenses Sales and marketing expenses (20%) (3,246) (3,912) (17%) (740) (923) Fees paid to sales agents 40% (440) (110
Slide 16: Debit overview_
Debit overview_ TSX: NPK Loans liabilities before renegotiation $’000 As of December 31, 2024, the Group's total loan balance was $39.7 million compared to $46.1M in 2023. Verde's average current loan rate is 16.2% per annum. Short-term loans 27,184 Long-term loans 12,562 Total 39,746 The Group rene
Slide 17: Q&A
March/2025 Q&A
Slide 18: Thanks
March/2025 Thanks