Whole Earth Brands, Inc. (NASDAQ:FREE) Q2 2022 Earnings Conference Call May 10, 2022 8:30 AM ET
Company Representatives
Albert Manzone - Chief Executive Officer
Duane Portwood - Chief Financial Officer
Irwin Simon - Executive Chairman
Jeff Sonnek - Investor Relations, ICR
Conference Call Participants
Brian Holland - Cowen
Scott Mushkin - R5 Capital
Bobby Burleson - Canaccord
George Kelly - Roth Capital
Mark Smith - Lake Street Capital
Alex Arnold - Odeon Capital Group
Operator
Good morning and welcome to the Whole Earth Brands, First Quarter 2022 Results Conference Call. All participants will be on a listen-only mode. After today's presentation there will be an opportunity to ask questions. Please also note, today's event is being recorded.
At this time, I'd like to turn the conference over to Jeff Sonnek, Investor Relations at ICR. Thank you, sir. Please go ahead.
Jeff Sonnek
Thank you and good morning. Today's presentation will be hosted by Albert Manzone, Chief Executive Officer; and Duane Portwood, Chief Financial Officer. Executive Chairman, Irwin Simon, is also participating on the call and will be available for Q&A.
The comments during today's call and the accompanying presentation contain forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts are considered forward-looking statements. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from the results discussed in the forward-looking statements.
Some of these risks and uncertainties are identified and discussed in the company's filings with the SEC. We'll also refer to certain non-GAAP financial measures today. Please refer to the tables included in the earnings release, which can be found on our Investor Relations website, www.investor.wholeearthbrands.com for reconciliations of non-GAAP financial measures to their most directly comparable GAAP measures.
Additionally, we've provided a supplemental earnings presentation on the IR website that may be useful in your analysis of the company's performance.
With that, I'd now like to turn the call over to Albert Manzone, CEO.
Albert Manzone
Thank you, Jeff, and thanks to everyone for joining the call today. We are pleased to report our first quarter earnings results. We delivered consolidated product revenues of $130.6 million, which represents a proforma organic constant currency growth of 4.9%, and we generated EBITDA of $18.2 million at constant currency amid a fluid geopolitical, economic and supply chain backdrop.