Green Rise Foods Announces Full Year 2022 Financial Results and 2023 Crop Update
Green Rise Foods Announces Full Year 2022 Financial Results and 2023 Crop Update
Toronto, Ontario--(Newsfile Corp. - April 20, 2023) - Green Rise Foods Inc. (TSXV: GRF) ("Green Rise" or the "Company") is pleased to announce the release of its consolidated financial results for the year ended December 31, 2022.
安大略省多倫多--(Newsfile Corp.——2023年4月20日)- 綠色崛起食品公司 多倫多證券交易所股票代碼:GRF)(“Green Rise” 或 “公司”)欣然宣佈發佈截至2022年12月31日的年度合併財務業績。
The Company generated record produce revenue of $22.4 million with Adjusted EBITDA1 of $4.2 million for the fiscal year ended December 31, 2022.
公司通過調整後的息稅折舊攤銷前利潤創造了創紀錄的2,240萬美元的生產收入1 截至2022年12月31日的財年爲420萬美元。
Year-to-Date Financial Results
年初至今的財務業績
Achieved record revenues of $23.1 million for the fiscal year ended December 31, 2021, a 31% increase over $17.7 million realized in the prior year period.
Generated Adjusted EBITDA1 of $4.2 million for the fiscal year ended December 31, 2022, compared to $0.5 million realized in the prior year period.
截至2021年12月31日的財年實現了創紀錄的2310萬美元收入,比上一年同期的1770萬美元增長了31%。
調整後的息稅折舊攤銷前利潤1 截至2022年12月31日的財年爲420萬美元,而去年同期爲50萬美元。
The complete audited consolidated financial statements and associated Management's Discussion and Analysis ("MD&A") are available under the Company's profile at .
完整的經審計的合併財務報表和相關管理層的討論與分析(“MD&A”)可在公司簡介下查閱,網址爲。
Fiscal 2023 Crop Update:
財年 2023 作物更新:
"We completed planting our 2023 crop program in Q1 of this year. Specifically, 27 acres of specialty medley tomatoes, 9 acres of piccolo specialty tomatoes, 20 acres of beefsteak tomatoes and 16 acres of specialty mini-sweet peppers. The growers, along with our crop consultants and our greenhouse staff continually monitor the controlled environment to ensure that the high-quality produce is picked, packed, and then shipped at the optimal point. The procurement team has worked diligently with our marketing partner, Mastronardi Produce Ltd., to manage costs and ensure the highest quality of inputs are used to produce Sunset branded fresh produce for the North American Market. Our Operational Team continues to efficiently manage our labor while stabilizing packaging and utility costs to better serve our shareholders. Conditions look positive and we look forward to a bountiful year," said Vincent Narang, Chief Executive Officer of Green Rise.
“我們在今年第一季度完成了2023年作物種植計劃。具體而言,27英畝的特種混合番茄、9英畝的piccolo特色番茄、20英畝的牛排番茄和16英畝的特種迷你甜椒。種植者以及我們的作物顧問和溫室工作人員持續監控受控環境,以確保高質量的農產品被採摘、包裝,然後在最佳地點運輸。採購團隊與我們的營銷合作伙伴 Mastronardi Produce Ltd. 一起努力管理成本,確保使用最高質量的投入爲北美市場生產 Sunset 品牌的新鮮農產品。我們的運營團隊繼續高效管理我們的勞動力,同時穩定包裝和公用事業成本,以便更好地爲股東服務。情況看起來樂觀,我們期待着豐收的一年。” Green Rise首席執行官文森特·納朗說。
ABOUT GREEN RISE
關於綠色崛起
Green Rise is a grower of fresh produce with 72 acres of greenhouse ranges located in Leamington and Kingsville, Ontario. The "best-in-class" contract grower of fresh produce, the Company takes pride in providing high-quality, consistent, and reliable product to meet the growing consumer demand for locally grown fresh produce. The Company is proud to be an environmentally sustainable investment, producing locally grown, bee-pollinated fresh produce using less water than field grown produce.
Green Rise是一家新鮮農產品的種植者,在安大略省的利明頓和金斯維爾擁有72英畝的溫室。作爲 “同類最佳” 的新鮮農產品合同種植商,該公司以提供高質量、穩定和可靠的產品來滿足消費者對當地種植的新鮮農產品不斷增長的需求而感到自豪。該公司很自豪能夠成爲一項環境可持續的投資,用比田間種植的農產品更少的水來生產當地種植的蜜蜂授粉新鮮農產品。
Contact Information
聯繫信息
For further information, please contact:
欲瞭解更多信息,請聯繫:
George Hatzoglou, Chief Financial Officer
Phone: +1-416-551-5015
E-mail: info@greenrisefoods.ca
George Hatzoglou,首席財務官
電話:+1-416-551-5015
電子郵件:info@greenrisefoods.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws. Any such forward-looking statements may be identified by words such as "expects", "anticipates", "believes", "projects", "plans" and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements. The statements in this news release are made as of the date of this release. Green Rise undertakes no obligation to update any such forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on any such forward-looking statements. Green Rise undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Green Rise or their respective financial or operating results or (as applicable), their securities.
前瞻性陳述
本新聞稿包含適用證券法所指的 “前瞻性信息”。任何此類前瞻性陳述都可以用 “期望”、“預期”、“相信”、“項目”、“計劃” 等詞語和類似表述來識別。提醒讀者不要過分依賴前瞻性陳述。實際結果和發展可能與這些陳述所設想的有重大差異。本新聞稿中的聲明自本新聞稿發佈之日起作出。除非適用的證券法要求,否則如果情況或管理層的估計或意見發生變化,Green Rise沒有義務更新任何此類前瞻性陳述。提醒讀者不要過分依賴任何此類前瞻性陳述。Green Rise沒有義務對第三方對Green Rise或其各自的財務或經營業績或(如適用)證券的分析、預期或陳述發表評論。
1. The Company utilizes Adjusted EBITDA to measure its financial performance. Adjusted EBITDA is a non-IFRS financial measure. The definition of Adjusted EBITDA is included on page 18 of the December 31, 2022, MD&A.
1。公司利用調整後的息稅折舊攤銷前利潤來衡量其財務業績。調整後的息稅折舊攤銷前利潤是非國際財務報告準則的財務指標。調整後息稅折舊攤銷前利潤的定義包含在2022年12月31日的MD&A第18頁中。
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譯文內容由第三人軟體翻譯。