Stocks in play: Verde AgriTech Plc
Announced its financial results for the full year ended December 31, 2022 and the fourth quarter 2022. Revenue increased by 190% in FY 2022, to $80,271,000 compared to $27,709,000 in FY 2021. EBITDA before non-cash events increased by 271% in FY 2022, to $23,912,000 compared to $6,450,000 in FY 2021. Net profit increased by 405%, to $17,804,000 in FY 2022 compared to $3,522,000 in FY 2021. Capital expenditures increased to $41,623,000 in FY 20222 compared to $2,179,000 in FY 2021. Verde AgriTech Plc shares T.NPK are trading down $1.58 at $3.70.
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