Fourth Quarter

2021

Certain information set forth in this presentation contains "forward-looking information". Except for statements of historical fact, information contained herein constitutes forward-looking statements and may include, but is not limited to, the projected financial performance and financial position of the Company; the expected development of the Company's business, projects and joint ventures; the execution of the Company's vision and growth strategy; the renewal of the Company's current customer, supplier and other material agreements; the completion of the Company's projects that are currently underway, in development or otherwise under consideration; and the Company's future liquidity, working capital, and capital requirements. These statements are not guaranteeing of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

FORWARD-LOOKING STATEMENT DISCLAIMER

4Q21: Revenue, EBITDA and Net Income reach record highs

Forus Consolidado:

4Q21

% Revenues

4Q20

% Revenues

YoY

Th Ch$

Th Ch$

Revenues

96,662,112

67,337,717

43.5%

Cost of Sales

(43,355,786)

-44.9%

(32,672,467)

-48.5%

32.7%

Gross Profit

53,306,326

55.1%

34,665,250

51.5%

53.8%

Distribution Expenses

(668,432)

-0.7%

(853,300)

-1.3%

-21.7%

Administrative Expenses

(33,624,539)

-34.8%

(25,702,130)

-38.2%

30.8%

Selling, General and Administrative Expenses

(34,292,971)

-35.5%

(26,555,430)

-39.4%

29.1%

Operating Income

19,013,355

19.7%

8,109,820

12.0%

134.4%

Other income

430,108

230,960

86.2%

Other expenses

(85,397)

65,516

NM

Financial Income

991,454

124,061

699.2%

Financial Expenses

(540,611)

(371,727)

45.4%

Participation in gains (losses) of joint venture businesses

142,785

84,023

69.9%

accounted by using the proportional value of participation

FX Differences

631,610

(3,037,637)

-120.8%

Result of Indexation units

75,372

795,443

-90.5%

Other gains and losses

(1,939,042)

(713,602)

171.7%

Non-Operating Income

(293,721)

-0.3%

(2,822,963)

-4.2%

-89.6%

Profit before income tax

18,719,634

19.4%

5,286,857

7.9%

254.1%

Income Taxes

(4,833,004)

120,322

-4116.7%

Profit (Loss)

13,886,630

14.4%

5,407,179

8.0%

156.8%

Profit (loss) attributable to equity holders of parent

13,760,180

5,345,054

157.4%

Profit (loss) attributable to minority interest

126,450

62,125

103.5%

Profit (loss)

13,886,630

14.4%

5,407,179

8.0%

156.8%

EBITDA

25,560,040

26.4%

12,321,595

18.3%

107.4%

Forus Revenue, EBITDA & Net Income

120.00

100.00

96.6621

80.00

60.00

40.00

25.5600

20.00

13.8866

.00

2Q10

4Q10

2Q11

4Q11

2Q12

4Q12

2Q13

4Q13

2Q14

4Q14

2Q15

4Q15

2Q16

4Q16

2Q17

4Q17

2Q18

4Q18

2Q19

4Q19

2Q20

4Q20

2Q21

4Q21

-20.00

Revenues

EBITDA

Net income

4Q21

Stores

Digital

Wholesale

Wholesale

22%

Digital

Stores

59%

19%

3

2021: Forus' best year ever in Sales, EBITDA and Profitability

Forus Consolidado:

2021

% Revenues

2020

% Revenues

YoY

Th Ch$

Th Ch$

Revenues

294,690,496

184,449,186

59.8%

Cost of Sales

(131,606,883)

-44.7%

(92,216,598)

-50.0%

42.7%

Gross Profit

163,083,613

55.3%

92,232,588

50.0%

76.8%

Logistic costs

(2,818,622)

-1.0%

(2,477,999)

-1.3%

13.7%

Administrative Expenses

(107,893,817)

-36.6%

(83,435,789)

-45.2%

29.3%

Selling, General and Administrative Expenses

(110,712,439)

-37.6%

(85,913,788)

-46.6%

28.9%

Operating Income

52,371,174

17.8%

6,318,800

3.4%

728.8%

Other income

952,663

799,192

19.2%

Other expenses

(281,360)

(212,808)

32.2%

Financial Income

1,591,730

(58,569)

-2817.7%

Financial Expenses

(1,589,534)

(2,107,823)

-24.6%

Participation in gains (losses) of joint venture businesses

160,461

(47,238)

-439.7%

accounted by using the proportional value of participation

FX Differences

2,902,328

(1,035,915)

-380.2%

Result of Indexation units

422,200

669,577

-36.9%

Other gains and losses

(3,043,982)

(635,463)

379.0%

Non-Operating Income

1,114,506

0.4%

(2,629,047)

-1.4%

-142.4%

Profit before income tax

53,485,680

18.1%

3,689,753

2.0%

1349.6%

Income Taxes

(14,100,315)

848,541

-1761.7%

Profit (Loss)

39,385,365

13.4%

4,538,294

2.5%

767.8%

Profit (loss) attributable to equity holders of parent

39,349,616

4,719,619

733.7%

Profit (loss) attributable to minority interest

35,749

(181,325)

-119.7%

Profit (loss)

39,385,365

13.4%

4,538,294

2.5%

767.8%

EBITDA

71,596,823

24.3%

24,764,884

13.4%

189.1%

Forus Revenue, EBITDA & Net Income

350.00

300.00

294.6905

250.00

200.00

150.00

100.00

50.00

71.5968

39.3854

.00

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

Revenues

EBITDA

Net income

2021

Stores

Digital

Wholesale

Wholesale

21%

Stores

53%

Digital

26%

4

Omnichannel Transformation

DIGITAL SALES &

MARKETING

  • 42 e-commerce websites
  • 16 marketplaces (3rd party)
  • +7.5 million likes /followers
  • Eventos de Live Shopping

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Forus SA published this content on 04 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2022 14:05:10 UTC.