1、1Plant Health Care plc|2022 Annual Report&AccountsPlant Health Care plcAnnual Report&Accounts 2022AIM:PHC.OTCQB:PLHFCSupporting Sustainable Food Production2Plant Health Care plc|2022 Annual Report&AccountsFinancialRevenue$11.8m 40%(2021:$8.4m)Gross margin 61%2%(2021:59%)Operating Loss1$9.2m 45%(2021
2、:$6.4m)Adjusted LBITDA2$3.7m 20%(2021:$4.6m)Working capital3$3.1m 20%(2021:$3.9m)Company is on track to deliver long-term targeted revenue,cash breakeven and profitability.1 This is a statutory profit measure and includes$3.8 million of non-cash of fx losses2 Adjusted LBITDA:loss before interest,tax
3、.depreciation,amortisation,share-based payments and intercompany foreign exchange3 Working capital consists of inventory,trade receivables and trade payablesWho we are By 2050 the world will need 60%more foodOur products support sustainable food production by using nature to enable farmers to produc
4、e more from less land,whilst protecting soils and biodiversity and reducing reliance on chemical fertilisers.Our mission and valuesSustainabilityWe care passionately about sustainability.All of our products help farmers grow crops more sustainably.We aim to support mainstream agriculture,as well as
5、organic growers,to feed the world sustainably.Science We believe that science drives progress.All of our products are built by leading edge science.We understand how they work,so that we can make them even more effective and more sustainable.PeopleWe are a team which works together to achieve our go
6、als.We help our people develop their full potential,working with customers and other stakeholders to deliver our mission.ProsperityEconomic sustainability is essential to our success as a business.Our work should create financial benefits for our customers,partners and employees,alongside shareholde