Earnings Call Summary | VERDE AGRITECH LTD(VNPKF.US) Q4 2023 Earnings Conference
Earnings Call Summary | VERDE AGRITECH LTD(VNPKF.US) Q4 2023 Earnings Conference
The following is a summary of the Verde Agritech Ltd. (VNPKF) Q4 2023 Earnings Call Transcript:
以下是佛得角農業科技有限公司（VNPKF）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Verde Agritech reported a 53% drop in 2023 revenue to CAD 37.9 million due to decreased potash prices and sales volume.
Notable net loss of over CAD 6 million in 2023 due to reduced revenue, increased ECL's, depreciation, and interest expenses.
Company secured additional loans in Q3 and Q4 increasing cash by $5.8 million YoY.
Total non-current assets in 2023 were $73.1 million, up from $65.2 million in 2022.
There was a significant reduction in cash used in investing to $4 million in 2023 from $42 million in 2022, attributable to investments in Factory 2.
佛得角農業科技報告稱，由於鉀肥價格和銷量下降，2023年收入下降了53％，至3,790萬加元。
由於收入減少、ECL增加、折舊和利息支出，2023年淨虧損超過600萬加元。
公司在第三季度和第四季度獲得了額外貸款，使現金同比增加了580萬美元。
2023年的非流動資產總額爲7,310萬美元，高於2022年的6,520萬美元。
由於對第二工廠的投資，用於投資的現金從2022年的4200萬美元大幅減少至2023年的400萬美元。
Business Progress:
業務進展：
Verde Agritech is committed to adapting its strategy to overcome 2023 challenges and achieve growth objectives.
The company is working towards preselling carbon credits and exploring niche markets and new pricing strategies to boost sales.
It is changing sales approach from traditional long-distance sales to more direct field sales targeting.
Following customer reduction, the company plans for direct interactions with clients.
Verde Agritech successfully secured loans from Bank of Brazil and Banco Bradesco in Q3 and Q4.
Plans for the future involve reducing G&A, adapting product strategy and boosting sales to be cash flow positive.
The company is also negotiating with BNDS and BDMG for better terms for farmers and exploring product improvements such as granulation techniques.
佛得角農業科技致力於調整其戰略，以克服2023年的挑戰並實現增長目標。
該公司正在努力預售碳信用額度，探索利基市場和新的定價策略以促進銷售。
它正在將銷售方式從傳統的長途銷售轉變爲更直接的現場銷售目標。
在減少客戶之後，該公司計劃與客戶進行直接互動。
佛得角農業科技在第三季度和第四季度成功獲得了巴西銀行和布拉德斯科銀行的貸款。
未來的計劃包括減少併購、調整產品策略和促進銷售以實現正現金流。
該公司還在與BNDS和BDMG進行談判，爲農民爭取更好的條件，並探索造粒技術等產品改進。
More details: VERDE AGRITECH LTD IR
更多詳情： 佛得角農業科技有限公司投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。