Verde Agritech Ltd T.NPK

Alternate Symbol(s): VNPKF

Chemicals Basic Materials

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.

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Verde Agritech Ltd > revenue estimate for Q1

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Comment by Benedictuson May 13, 2023 1:19am

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Post# 35446699

RE:RE:RE:revenue estimate for Q1

Cris stated emphatically on the last cc that Q1 22 was a product demand outlier. If we use the Q1 21 YoY growth rate of about 60% and apply that forward then we could assume sales of perhaps 40 - 45Kt. That's likely a low end conservative estimate but we should be prepared for trend normalization imo. Visibility will be the crucial factor on the call since Cris already prepared us for a disappointing Q1 on the last cc.

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