Rubicon Organics, Inc. · TSXV:ROMJ
Rubicon Organics — Investor Presentation (May 2023)
18 slides from Rubicon Organics's investor presentation, May 2023
Slide 1: Investor Presentation
TSXV: ROMJ | OTCQX: ROMJF Investor Presentation May 2023
Slide 2: Disclaimer
Disclaimer This presentation is not, and under no circumstances is to be construed as, a prospectus, or advertisement or a public offering of securities of Rubicon Organics Inc. (“Rubicon Organics" or the "Company"). This presentation contains forward-looking information within the meaning of applic
Slide 3: Rubicon Organics at a Glance
To check footnotes and update with latest Rubicon Organics hyfire data at a Glance 2.1% 5.3% Market Share1 Premium Market Share2 125,000 ft2 11,000 kg Rubicon’s 100%-owned hybrid greenhouse in Delta, BC Hybrid Greenhouse Annual Production in Delta, BC Capacity 97% Adj. EBITDA Coverage of the Positiv
Slide 4: Hybrid Greenhouse
Hybrid Greenhouse 100%-owned 20-acre property in Delta, British Columbia 125,000 sq. ft. hybrid greenhouse with annual production capacity of 11,000 kg/year Indoor quality with greenhouse costs 1. Blended average across SKUs and provinces at full operational run rate | |44 TM 2. Source: https:
Slide 5: Building Our Brand Promise
Building Our Brand Promise Consistent Premium Quality = Loyal Customer + New Strains |5 TM
Slide 6: Well-Rounded Brand Portfolio Launched Nationally
Well-Rounded Brand Portfolio Launched Nationally Generating positive gross margin on every SKU Mainstream Premium Brand Positioning Super-Premium Premium Mainstream (Topicals) (Concentrates) Dried Flower Dried Flower Dried Flower CBD Relief Stick Diamonds Pre-Rolls Pre-Rolls Pre-Roll
Slide 7: Key Financial Milestones Achieved
Key Financial Milestones Achieved Q4 2021 Q3 2022 • 1st Month • 1st Adjusted Quarter Q4 2022 EBITDA1 Free • Full Year Profitable Cash Operating • 1st Quarter Flow2 Cash Flow Operating Cash Positive Positive Flow Positive Q2 2022 Q4 2022 Q1 2023 • 1st • Full Year • 4th consecutive Quarter Adjusted qu
Slide 8: Q1 2023 Financial Results
Q1 2023 Financial Results Adjusted EBITDA (C$M) Poised for Significant Adjusted Operating Leverage: EBITDA1 Growth Increasing Revenues Over a Fixed Cost Base 1.9 M 1.3 M In Q1 2023, the Company achieved record net 0.3 M 0.2 M revenue of $8.8M and Adjusted EBITDA of $0.2M1 − One of only a handful o
Slide 9: Q1 2023 Financial Results (Cont'd)
Q1 2023 Financial Results (Cont’d) Complete brand portfolio launch and market expansion providing growth and positive gross profit Net Revenue and Gross Profit for the 3 months ended: Seasonality $11.0 M $10.5 M $8.8 M $8.8 M Seasonality $5.1 M $4.5 M $4.1 M $2.8 M $3.0 M $0.7 M Q1 2022 Q2 2022 Q3 2
Slide 10: Premium Sales Driving Market Growth
Premium Sales Driving Market Growth Premium market growing faster than total market % Growth – All Sales vs Premium Sales 140% 120% 105% 113% 103% 109% 105% 88% 94% 79% 94% 89% 92% 75% 69% 66% 65% 62% 46% 54% 39% 41% 41% 37% 52% 45% 33% 29% 30% 28% 43% 40% 26% 24% 23% 26% 25% 22% 36% 37% 33% 17% 31%
Slide 11: 2023 Key Priorities – Drive Profitability & Growth
2023 Key Priorities – Drive Profitability & Growth Optimize Yield: Maximize Canadian Premium • Achieve 40g per sq ft Opportunity: • Increase ratio of larger, high-quality flower to • Maximize gross margin from each gram total harvested yield per crop produced from Delta Facility • Achieve consistent
Slide 12: Key Milestones & Growth Opportunities
Key Milestones & Growth Opportunities Key Milestones Launch Wildflower™ CBD sticks Q1 2021 Launch 1964™ outside Quebec Q2 2021 Launch mainstream flower brand Homestead™ Q3 2021 Launch new Simply Bare™ Organic and 1964™ SKUs Q4 2021 Extend existing debt arrangement or refinance Q2 2022 Qu
Slide 13: Expected Cannabis Sector Catalysts
Expected Cannabis Sector Catalysts Consistent profitability and cash flow from Canadian companies More profitable companies emerge in the sector differentiating ‘have’s’ and ‘have-not’s Consolidation and / or CCAA of weak companies Major regulatory moves in Canada, the US or internationally
Slide 14: Leadership Team
Leadership Team Management Independent Directors Margaret Brodie, CPA, CA Melanie Ramsey David Donnan, P.Eng., MBA Interim CEO, CFO & Director Chief Commercial Officer & Director Director 20+ years in Finance 20+ years in Brand Development & 35+ years in Management, 10 years with KPMG & expe
Slide 15: Market Information
Market Information As at May 19, 2023 # of Shares % Research Coverage Management & Insiders 29,613,217 53% Neal Gilmer Public Float 27,511,777 47% Total Outstanding 56,124,994 100% Options 3,974,949 Rahul Sarugaser / Michael Freeman Warrants 4,815,315 Restricted Share Units 2,123,333 Deferred Share
Slide 16: ESG Leadership is Core to Executing our Strategy
ESG Leadership is Core to Executing our Strategy 1st Cannabis Producer in the World to issue an ESG Report We hold ourselves to the highest standards of governance, sustainability and ethical business practices We believe ESG is a journey and we are committed to sharing our progress transparentl
Slide 17: Mission Vision Values
| grow the best cannabis MISSION on earth, for the earth | be the global brand leader VISION in organic cannabis growth, sustainability, VALUES | freedom, impact
Slide 18: Contact Us
CONTACT US Investor Relations IR@rubiconorganics.com +1-437-929-1964 Please visit us at: www.rubiconorganics.com TM Rubicon Organics Inc. 505 – 744 W. Hastings Street Vancouver, BC V6C 1A5 TSXV: ROMJ | OTCQX: ROMJF