Group 1 - Argo Graphene Solutions Corp. announced a non-brokered private placement offering of up to 500,000 Units at a price of CDN$0.70 per unit, aiming for aggregate gross proceeds of CDN$350,000, with an over-allotment option for an additional 75,000 Units for up to CDN$52,500 [1][2] - Each unit consists of one common share and one transferable share purchase warrant, allowing the holder to purchase an additional common share at $0.80 per share for 24 months post-closing [2] - Proceeds from the offering will be used for general working capital and to continue research and development of graphene products [3] Group 2 - The company has renewed its contract with King Tide Media LLC for marketing services to enhance public awareness, budgeting up to US$50,000 for a two-month period starting August 1, 2025 [4] - Argo Graphene Solutions Corp. focuses on developing sustainable, high-performance solutions for the construction and agricultural industries through its subsidiary, Argo Green Concrete Solutions Inc. [5]

Financial Highlights - Origin Materials projects revenue of $20 million to $30 million in 2026[8] and $100 million to $200 million in 2027[8, 15] - The company anticipates achieving Adjusted EBITDA positive run rate in 2027[8, 15] - Manufacturing lines are expected to have a payback period of less than 18 months[12, 13] Market and Demand - The total addressable market for Origin closures is greater than $65 billion[8, 32, 57] - The company is currently in the $7 billion water market segment[56, 57] and is qualifying for the $6 billion carbonated soft drink (CSD) market[57, 60] - Demand currently exceeds projected manufacturing capacity for the foreseeable future[6, 72] Manufacturing and Technology - Origin Materials commenced production on its first CapFormer line in February 2025[17, 60] - The company is on track to have 8 to 10 CapFormer lines in operation in 2026[15, 17] - Origin Materials has secured over 70 patents protecting its technology and products[9, 75]

Core Insights - Allbirds, Inc. is participating in two upcoming investor conferences, indicating active engagement with the investment community [1][2] - The company emphasizes its commitment to sustainability and innovative materials in its product offerings, which is a core aspect of its brand identity [1] Company Overview - Allbirds, Inc. is a global lifestyle footwear brand founded in 2015, known for its sustainable approach to product design [1] - The company's first product, the Wool Runner, set the standard for its commitment to comfort and sustainability, and it continues to expand its product range [1] - Allbirds utilizes natural materials such as Merino wool, tree fiber, and sugarcane to differentiate its products from conventional offerings [1] Upcoming Events - Allbirds will participate in the TD Cowen 9th Annual Future of the Consumer Conference on June 3rd, 2025, with a fireside chat scheduled for 11:45 a.m. ET [2] - The company will also be featured in the Maxim Group 2025 Virtual Tech Conference on June 4th, 2025, with a fireside chat at 11:30 a.m. ET [2]

Rayonier Advanced Materials (RYAM) Update Summary Company Overview - Rayonier Advanced Materials (RYAM) is undergoing a transformation to separate its high-margin cellulose specialties (CS) business from lower-margin commodity exposure, while also highlighting its emerging biomaterials platform [1][2] Key Points and Arguments - **New Segment Reporting**: The company has updated its reporting structure to better reflect its current operations and to provide clearer visibility into its high-margin segments [1][2][10] - **Long-term Strategy**: Confidence in the long-term strategy and value creation plan remains unchanged despite recent operational challenges and market noise [2][4] - **Operational Challenges**: The recent quarter faced challenges including higher input costs, operational difficulties, and weather-related disruptions, but these do not alter the company's long-term fundamentals [3][4] - **Price Increases**: The CS business outlook is strong, with a mid-single-digit price increase secured for 2025 while maintaining market share [5][16] - **Market Position**: RYAM holds approximately 40% market share in cellulose specialties, producing both hardwoods and softwoods, which provides a competitive advantage [6] - **Maintenance and Efficiency**: Major maintenance shutdowns have been completed, and the company is focusing on efficiency gains and strategic capital deployment to enhance margins [6][8] - **Biomaterials Growth**: The biomaterials platform is positioned to benefit from growing demand for renewable materials, with investments supported by secured green financing [7][8][23] - **EBITDA Targets**: The company aims for an annual EBITDA target of $325 million, with a focus on execution of its strategy [8] Financial Performance - **EBITDA Margins**: The CS segment reported a 23% EBITDA margin, while the emerging biomaterials segment achieved a 29% EBITDA margin, indicating strong profitability in these areas [11][23] - **Sales and Guidance**: For 2025, guidance for the CS business is set between $237 million to $245 million, with earnings expected to be back-end loaded due to operational recovery [18][25] - **Overall Guidance**: The overall EBITDA guidance has been adjusted to $175 million to $185 million, reflecting challenges in non-core segments and tariff impacts [25] Competitive Landscape - **Cellulose Specialties**: This segment is crucial, accounting for 56% of sales volumes, and competes on performance with a long qualification process for products [16][17] - **Commodity Products**: The company is minimizing exposure to lower-margin commodity products, focusing instead on higher-value offerings [20][21] Strategic Initiatives - **Joint Venture with BioNova**: The creation of BioNova aims to accelerate growth in biomaterials while avoiding shareholder dilution, leveraging project-specific funding [29][30] - **Capital Allocation**: RYAM plans to generate $5 million to $15 million in free cash flow for strategic investments, with a focus on maintaining a healthy balance sheet [37][40] Macro Trends and Risks - **Tailwinds**: Strong demand for sustainable materials and favorable green funding environments are expected to benefit RYAM's operations [47] - **Risks**: Trade policy uncertainty, inflation in raw materials, and logistics challenges are potential risks that could impact performance [48][49] Conclusion - RYAM is positioned for growth through strategic focus on high-margin segments and investments in biomaterials, while navigating operational challenges and market dynamics. The company remains committed to executing its long-term strategy and achieving its financial targets [8][51]

Financial Projections - Origin Materials projects revenue of $50 million to $70 million in 2026[8, 15] - The company anticipates revenue of $150 million to $210 million in 2027[8, 15] - Adjusted EBITDA is projected to be positive on a run-rate basis by the end of 2026[8, 15] Market and Technology - The total addressable market for Origin closures is greater than $65 billion[8, 31] - Origin Materials has developed proprietary technology for 100% PET caps and closures[6, 58] - The company has secured over 70 patents protecting its technology and products[9, 61] Manufacturing and Operations - Origin commenced production of its first CapFormer line in February 2025[17, 50] - The company is aiming to have 8 to 10 CapFormer lines operating in 2026[15, 17] - The payback period for the manufacturing lines is expected to be less than 18 months[8, 12]

Core Insights - Allbirds, Inc. reported first quarter 2025 financial results that were in line with or above guidance ranges, while reiterating its full year 2025 outlook and providing second quarter guidance [1][11]. Financial Performance - Net revenue for Q1 2025 decreased by 18.3% to $32.1 million compared to $39.3 million in Q1 2024, primarily due to planned retail store closures and international distributor transitions [4][9]. - Gross profit for the quarter was $14.4 million, down from $18.5 million in Q1 2024, with gross margin declining by 210 basis points to 44.8% [5][9]. - Selling, general, and administrative expenses were $25.2 million, representing 78.5% of net revenue, a significant decrease from 101.0% in Q1 2024 [6][9]. - Marketing expenses increased to $12.0 million, or 37.4% of net revenue, compared to $7.8 million, or 19.7% in Q1 2024, driven by investments in a new brand marketing campaign [7][9]. - The net loss for Q1 2025 was $21.9 million, or $2.73 per share, an improvement from a net loss of $27.3 million in Q1 2024 [7][9]. - Adjusted EBITDA loss improved to $18.6 million from a loss of $20.9 million in Q1 2024, with adjusted EBITDA margin declining to (58.1)% [8][9]. Balance Sheet Highlights - As of March 31, 2025, Allbirds had $39.1 million in cash and cash equivalents, with no outstanding borrowings under its $50.0 million revolving credit facility [9][27]. - Inventory at the end of the quarter was $42.9 million, a decrease of 29.3% compared to the previous year [9][27]. Guidance and Strategic Initiatives - The company reiterated its financial guidance for 2025, anticipating negative impacts of approximately $18 million to $23 million in revenue due to the transition from a direct selling model to a distributor model in certain international markets and the closure of specific U.S. stores [11][17]. - Allbirds launched a new brand marketing campaign, "Cards on the Table," featuring Stanley Tucci, aimed at increasing brand awareness ahead of fall product launches [3][11].

March 13, 2025 Forward looking statements and disclaimers FORWARD-LOOKING STATEMENTS. This presentation and the accompanying oral presentation have been prepared by Origin Materials, Inc. ("Origin") for informational purposes only and not for any other purpose. Certain statements included in this presentation that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking stateme ...