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Replenish Nutrients secures financing to bolster sustainable fertilizer production at Beiseker plant

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Manage episode 480100895 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Replenish Nutrients CEO Neil Wiens joined Steve Darling to announce its full-year and fourth quarter 2024 financial results, highlighting improved operational efficiency and profitability, alongside a business update that underscores the company’s strategic momentum heading into 2025. While full-year revenues and sales volumes were modestly down compared to 2023, Replenish Nutrients reported significant year-over-year improvement in gross profit margins, gross profit percentage, and adjusted EBITDA in the fourth quarter. These gains reflect enhanced cost efficiencies and growing market validation of the company’s proprietary regenerative fertilizer products. The company’s results were buoyed by strong repeat business from a loyal customer base and incremental sales to new clients, reinforcing the strength and efficacy of Replenish’s innovative product line. With full-scale production at the Beiseker facility expected to come online by mid-2025, Replenish anticipates a step-change in revenues, margin expansion, and cash flow generation. Wiens shared a significant milestone for its expansion roadmap, Replenish successfully closed $1.15 million in debt financing. These funds will be deployed immediately to complete critical upgrades at the company’s Beiseker granulation facility, enabling it to meet rising demand for sustainable fertilizer solutions ahead of the vital 2025 spring planting season. The Beiseker facility upgrades will bring production to 20,000–25,000 metric tonnes annually of granulated regenerative fertilizer. These enhancements are scheduled for completion by early Q2 2025, ensuring Replenish is optimally positioned for the high-volume spring application window—a key revenue driver for the business. Looking ahead, the company aims to scale to 2,000 tons per month and eventually fulfil increased demand represented by expanded purchase orders totaling 24,000 tons. To date, Replenish has already secured purchase orders for the first 6,000 metric tonnes of output at an average price of $575 per tonne, generating gross margins in the 25%–35% range, consistent with previous company guidance. Demand visibility remains high, and Replenish expects to sell out its full annual capacity, resulting in robust EBITDA and positive operating cash flow on a run-rate basis. #proactiveinvestors #replenishnutrientsholdingscorp #cse #erth #otc #vvivf #RegenerativeAgriculture #FertilizerInnovation #SustainableFarming #CropGrowth #NeilWiens #AgricultureNews #Farming2025 #ProactiveInvestors #SustainableSolutions
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605 episodes

Artwork
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Manage episode 480100895 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Replenish Nutrients CEO Neil Wiens joined Steve Darling to announce its full-year and fourth quarter 2024 financial results, highlighting improved operational efficiency and profitability, alongside a business update that underscores the company’s strategic momentum heading into 2025. While full-year revenues and sales volumes were modestly down compared to 2023, Replenish Nutrients reported significant year-over-year improvement in gross profit margins, gross profit percentage, and adjusted EBITDA in the fourth quarter. These gains reflect enhanced cost efficiencies and growing market validation of the company’s proprietary regenerative fertilizer products. The company’s results were buoyed by strong repeat business from a loyal customer base and incremental sales to new clients, reinforcing the strength and efficacy of Replenish’s innovative product line. With full-scale production at the Beiseker facility expected to come online by mid-2025, Replenish anticipates a step-change in revenues, margin expansion, and cash flow generation. Wiens shared a significant milestone for its expansion roadmap, Replenish successfully closed $1.15 million in debt financing. These funds will be deployed immediately to complete critical upgrades at the company’s Beiseker granulation facility, enabling it to meet rising demand for sustainable fertilizer solutions ahead of the vital 2025 spring planting season. The Beiseker facility upgrades will bring production to 20,000–25,000 metric tonnes annually of granulated regenerative fertilizer. These enhancements are scheduled for completion by early Q2 2025, ensuring Replenish is optimally positioned for the high-volume spring application window—a key revenue driver for the business. Looking ahead, the company aims to scale to 2,000 tons per month and eventually fulfil increased demand represented by expanded purchase orders totaling 24,000 tons. To date, Replenish has already secured purchase orders for the first 6,000 metric tonnes of output at an average price of $575 per tonne, generating gross margins in the 25%–35% range, consistent with previous company guidance. Demand visibility remains high, and Replenish expects to sell out its full annual capacity, resulting in robust EBITDA and positive operating cash flow on a run-rate basis. #proactiveinvestors #replenishnutrientsholdingscorp #cse #erth #otc #vvivf #RegenerativeAgriculture #FertilizerInnovation #SustainableFarming #CropGrowth #NeilWiens #AgricultureNews #Farming2025 #ProactiveInvestors #SustainableSolutions
  continue reading

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