Earnings Call Summary | WildBrain Ltd.(WLDBF.US) Q3 2024 Earnings Conference
Earnings Call Summary | WildBrain Ltd.(WLDBF.US) Q3 2024 Earnings Conference
The following is a summary of the WildBrain Ltd. (WLDBF) Q3 2024 Earnings Call Transcript:
以下是WildBrain Ltd.（WLDBF）2024年第三季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
WildBrain reported Q3 consolidated revenue of $100 million, a 29% decrease, primarily due to reduced output in studio business.
Gross margins increased by over 250 basis points as global licensing and audience engagement became a higher proportion of total revenues.
The company demonstrated a net loss of $15 million, mainly due to lower gross margin dollars and a reduction in the change of fair value and embedded derivatives.
Free cash flow for the quarter was negative $3 million, showing an improvement from the previous year's negative free cash flow of $5 million.
WildBrain報告稱，第三季度合併收入爲1億美元，下降29％，這主要是由於工作室業務產出減少。
隨着全球許可和受衆參與度在總收入中所佔的比例越來越高，毛利率增長了250多個點子。
該公司的淨虧損爲1500萬美元，這主要是由於毛利率下降以及公允價值和嵌入式衍生品變動的減少。
該季度的自由現金流爲負300萬美元，與去年的負500萬美元自由現金流相比有所改善。
Business Progress:
業務進展：
The company has several projects greenlit for fiscal 2025 and 2026, with a significant increase in hiring for its Vancouver studio.
A global premiere of the new series Yo Gabba GabbaLand! is expected in Q3 2024.
YouTube networks watched over 60 billion minutes of videos in Q3, up 30% from last year.
The progress into Fast and non-YouTube AVOD channels across various platforms has demonstrated consistent growth.
The content library saw a growth of over 85 channels and increased U.S. viewership from 300 million minutes in 2019 to over 5.5 billion minutes in 2023.
The company plans to seed the licensing market for its Gabba brand and sees significant potential in the China market for Teletubbies.
The company revealed plans to reduce leverage, simplify company structure and address the convertible on a timely basis.
該公司已批准2025年和2026財年的多個項目，其溫哥華工作室的招聘人數大幅增加。
新劇集的全球首映禮 Yo Gabba GabbaLand！預計將在2024年第三季度推出。
YouTube網絡在第三季度觀看了超過600億分鐘的視頻，比去年增長了30％。
跨平台的快速和非YouTube AVOD頻道的進展顯示出持續的增長。
該內容庫增加了超過85個頻道，美國的收視時間從2019年的3億分鐘增加到2023年的超過55億分鐘。
該公司計劃爲其Gabba品牌的許可市場提供種子，並認爲天線寶寶在中國市場的巨大潛力。
該公司透露了降低槓桿率、簡化公司結構和及時解決可轉換貨幣問題的計劃。
More details: WildBrain Ltd. IR
更多詳情： WildBrain 有限公司投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。