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Brazil Potash (GRO) investor relations material
Brazil Potash Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net loss for the six months ended June 30, 2025 was $33.2 million, a significant increase from $12.8 million in the same period last year.
Share-based compensation and professional fees were major contributors to the increased loss.
The company completed its IPO in November 2024 and began trading on the NYSE.
All 21 installation licenses for the Autazes Project were received as of August 2024.
Financial highlights
Cash and cash equivalents decreased to $8.5 million at June 30, 2025 from $18.9 million at December 31, 2024.
Working capital was $6.6 million at June 30, 2025, down from $17.9 million at year-end 2024.
Accumulated deficit increased to $191.8 million from $158.6 million at year-end.
Operating loss for the six months was $33.2 million, up from $12.7 million year-over-year.
Net cash used in operating activities was $5.7 million for the six months ended June 30, 2025.
Outlook and guidance
The company’s ability to continue as a going concern depends on securing additional financing for working capital and project development.
Management remains confident in raising necessary funds, but substantial doubt exists regarding ongoing operations without new capital.
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