Ag Growth International Inc (TSX:AFN)
C$ 52.63 -0.37 (-0.7%) Market Cap: 1.00 Bil Enterprise Value: 1.80 Bil PE Ratio: 44.23 PB Ratio: 3.12 GF Score: 86/100
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Q4 2022 Ag Growth International Inc Earnings Call Transcript

Mar 08, 2023 / 01:00PM GMT
Release Date Price: C$61.04 (+9.72%)
Operator

Thank you for standing by. This is the conference operator. Welcome to the AGI Fourth Quarter 2022 Results Conference Call. (Operator Instructions) The conference is being recorded. (Operator Instructions)

I would now like to turn the conference over to Paul Householder, President and CEO of AGI. Please go ahead, sir.

Paul David Householder
Ag Growth International Inc. - CEO, President & Director

Good morning. Thank you, operator. And welcome everyone to AGI's Fourth Quarter 2022 Results Call. I'm joined today by our CFO, Jim Rudyk. I'll start the call by providing an overview of our quarterly results and share my outlook for 2023 before passing the call over to Jim who will review some of our financial results and key metrics in more detail. Our financial results were a record for the fourth quarter and capped another banner year for AGI with 2022 marking 3 consecutive years of record results. Sales and adjusted EBITDA were up 22% and 33% in 2022, as the momentum from a broad set of operational initiatives and robust customer demand combined to

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