Earnings Call Summary | Sky Harbour Group(SKYH.US) Q1 2024 Earnings Conference
Earnings Call Summary | Sky Harbour Group(SKYH.US) Q1 2024 Earnings Conference
The following is a summary of the Sky Harbour Group Corporation (SKYH) Q1 2024 Earnings Call Transcript:
以下是天港集团公司（SKYH）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Sky Harbour Group Corporation reported increased revenues in Q1 and expects further growth in Q2, as all three campuses are fully leased.
The operating expenses remained stable, resulting in positive cash flow from operations. Sky Harbour expects this trend to continue and accelerate in the first half of next year with the opening of campuses in Denver, Phoenix, and Dallas.
On a consolidated basis, earnings in Q1 were similar to results from Sky Harbour Capital. A significant increase in revenue is predicted in Q2 with the opening of the new San Jose de Janeiro International Airport campus, leading to positive cash flow by summer 2025.
At quarter's end, Sky Harbour held nearly $160M in cash and U.S. treasuries.
天港集团公司报告称，第一季度收入增加，预计第二季度将进一步增长，因为所有三个园区均已全部出租。
运营费用保持稳定，从而带来了正的运营现金流。Sky Harbour预计，随着丹佛、凤凰城和达拉斯校区的开放，这种趋势将在明年上半年持续并加速。
综合来看，第一季度的收益与天港资本的业绩相似。随着圣何塞·德热内卢国际机场新园区的开放，预计第二季度收入将大幅增长，到2025年夏季将实现正现金流。
在本季度末，天港持有近1.6亿美元的现金和美国国债。
Business Progress:
业务进展：
The company is focusing on site acquisition, targeting airports with the most square footage and best airfields.
In development, there's a move toward standardization and setting up for scale, aiming for high run rate and parallel processing.
On the leasing side, Sky Harbour is working on brand awareness and national burgeoning.
The goal in operations is to provide the shortest time to takeoff and customization to all residents focusing on their privacy and safety.
Sky Harbour continues to receive proposals for equity and debt funding to meet its growth capital needs and is fully funded for the first 10 airports.
The company anticipates signing three ground leases in 2H 2024 and six in 2025, focusing significantly on Tier 1 airports.
Despite anticipated future competition, Sky Harbour believes it has a first-mover advantage in site acquisition, and the company is optimizing its business structure for the niche industry.
The company plans to negotiate individually with tenants, targeting major corporations or high network individuals, offering a unique experience by bundling rent and fuel costs.
该公司专注于场地采购，目标是占地面积最大、机场最好的机场。
在开发过程中，正朝着标准化和规模化设置迈进，目标是实现高运行率和并行处理。
在租赁方面，Sky Harbour正在努力提高品牌知名度和全国蓬勃发展。
运营的目标是为所有居民提供最短的起飞和定制时间，重点关注他们的隐私和安全。
Sky Harbour继续收到股权和债务融资提案，以满足其增长资本需求，前10个机场的资金已全部到位。
该公司预计将在2024年下半年签署三份地面租约，在2025年签署六份地面租约，主要集中在一级机场。
尽管预计未来会有竞争，但Sky Harbour认为其在场地收购方面具有先发优势，并且该公司正在优化利基行业的业务结构。
该公司计划与租户进行单独谈判，目标是大公司或网络较高的个人，通过捆绑租金和燃料成本来提供独特的体验。
More details: Sky Harbour Group IR
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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：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。