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Yangaroo Announces Q3'2023 Results

Yangaroo Announces Q3'2023 Results

Yangaroo 公佈 2023 年第三季度業績
newsfile ·  2023/11/29 21:00

Fourth Consecutive Quarterly Positive Normalized EBITDA

連續第四個季度正的正常化息稅折舊攤銷前利潤

Toronto, Ontario--(Newsfile Corp. - November 29, 2023) - YANGAROO Inc. (TSXV: YOO) (OTC Pink: YOOIF) ("Yangaroo", "Company"), a software leader in media asset workflow and distribution solutions, today announced its financial results for the third quarter ended September 30, 2023. The full text of the Financial Statements and Management Discussion & Analysis is available at and at . Please note that all currency in this press release is denominated in United States dollars, unless otherwise noted.

安大略省多倫多--(Newsfile Corp.,2023 年 11 月 29 日)-YANGAROO Inc.(多倫多證券交易所:YOOO)(場外交易粉紅:YOOIF)(”Yangaroo“,”公司“)是媒體資產工作流程和分發解決方案領域的軟件領導者,今天公佈了截至2023年9月30日的第三季度財務業績。財務報表和管理層討論與分析的全文可在以下網址和網址查閱。請注意,除非另有說明,否則本新聞稿中的所有貨幣均以美元計價。

Yangaroo is pleased to announce that during the third quarter of 2023 the Company realized significant improvements with respect to operating income and cash-flow generation, as compared to losses incurred in prior periods. These improvements are largely attributable to a modest increase in sales volumes combined with stringent cost controls across the business.

Yangaroo很高興地宣佈,與前幾個時期的虧損相比,在2023年第三季度,公司在營業收入和現金流創造方面實現了顯著改善。這些改善在很大程度上歸因於銷售量的適度增長以及整個業務的嚴格成本控制。

Historically, the Company's Q3 is a seasonally slow period. During the period, Advertising Division revenue remained flat year-over-year. The Awards Division results were behind compared to this time in the prior year, which is attributed to the timing of the award shows. The Music Division revenue continues to remain down year-over-year, which is mainly due to fewer audio and music video deliveries by our major record label clients.

從歷史上看,該公司的第三季度是一個季節性低迷時期。在此期間,廣告部門的收入同比持平。與去年同期相比,獎項部門的業績落後,這要歸因於頒獎晚會的時機。音樂部門的收入繼續同比下降,這主要是由於我們的主要唱片公司客戶的音頻和音樂視頻交付量減少。

  • Advertising Division

    • Revenue of $1,054,157 in Q3'23 versus revenue of $1,065,204 in Q3'22

  • Entertainment Group (Music & Awards Divisions)

    • Revenue of $654,774 in Q3'23 versus revenue of $667,936 in Q3'22

  • Operating Expenses and Normalized EBITDA

    • The Company completed additional head-count reductions in the first half of the year and resulted in current quarter salary expenses of $1,097,390 or a savings of $236,108 versus the third quarter of 2023.

    • General and administrative expenses continued to decline with savings of $109,682 versus the third quarter of 2023 resulting from continued efforts to reduce over-head expenditures.

    • The Company generated $247,900 of normalized EBITDA in Q3'23 vs $2,205 in Q3'22.

    • Fourth consecutive quarter of significant Normalized EBITDA; the Company has now generated $247,900 of Normalized EBITDA in Q3'23, $526,202 of Normalized EBITDA in Q2'23, $116,143 of Normalized EBITDA in Q1'23 and $833,974 of Normalized EBITDA in Q4'22.

  • 廣告部

    • 23 年第三季度的收入爲 1,054,157 美元,而 22 年第三季度的收入爲 1,065,204 美元

  • 娛樂集團(音樂與獎項部)

    • 23 年第三季度的收入爲 654,774 美元,而 22 年第三季度的收入爲 667,936 美元

  • 運營費用和標準化息稅折舊攤銷前利潤

    • 與2023年第三季度相比,該公司在上半年完成了額外的裁員,使本季度的薪資支出爲1,097,390美元,節省了236,108美元。

    • 由於持續努力減少間接支出,一般和管理費用繼續下降,與2023年第三季度相比節省了109,682美元。

    • 該公司在23年第三季度的正常息稅折舊攤銷前利潤爲247,900美元,而22年第三季度爲2,205美元。

    • 連續第四個季度實現可觀的標準化息稅折舊攤銷前利潤;該公司現已在23年第三季度創造了247,900美元的標準化息稅折舊攤銷前利潤,在23年第二季度創造了526,202美元的標準化息稅折舊攤銷前利潤,在23年第一季度創造了116,143美元的標準化息稅折舊攤銷前利潤。

Grant Schuetrumpf, CEO of Yangaroo, stated, "We're pleased to provide consecutive and sequential quarters of Normalized EBITDA generation, primarily derived from stabilizing our operations whilst maintaining services for our valued clients. We are now focused on growth opportunities organically and through our continual interest in M&A. We continue to manage modest advancements in business development and sales opportunities compared to prior years and are hopeful some of the larger business development prospects will start to convert.

Yangaroo首席執行官Grant Schuetrumpf表示:“我們很高興連續幾個季度實現標準化息稅折舊攤銷前利潤的產生,這主要源於穩定我們的運營,同時維持爲尊貴的客戶提供服務。現在,我們通過對併購的持續興趣,有機地專注於增長機會。與往年相比,我們在業務發展和銷售機會方面繼續取得適度進展,並希望一些更大的業務發展前景能夠開始轉變。

"On November 9, 2023, Yangaroo announced an asset purchase transaction with Millenia 3 Communications, Inc., Millenia3 has been a trusted partner to major global entertainment companies, media agencies, and consumer brands, providing tailor-made ad operations services, including media and traffic management, which will continue into the foreseeable future. This expansion extends Yangaroo's advertising service capabilities with premium multi-year contracted clients and will further utilize Yangaroo's technology to streamline the Millenia 3 service offering.

“2023年11月9日,Yangaroo宣佈與Millenia 3 Communications, Inc.進行資產購買交易,Millenia3一直是全球主要娛樂公司、媒體機構和消費品牌值得信賴的合作伙伴,提供量身定製的廣告運營服務,包括媒體和流量管理,這些服務將持續到可預見的將來。此次擴張擴展了Yangaroo的廣告服務能力,吸引了多年的優質簽約客戶,並將進一步利用Yangaroo的技術來簡化Millenia 3的服務供應。

"The advertising division managed a modest increase in the volume of clients while seeking opportunities to expand current client's use of services. Our ancillary production services, including short-form versioning for the Direct Response customers, and long-form digitization, continues to bring in new project-based opportunities. Our closed captioning and analytics complete a full-service offering to the market where we are integrating Millenia 3 clients use of the workflows and technology. Innovation is always a priority, and with our development team, we continue improving the DMDS platform to streamline business-to-business workflows whilst expanding our platform capabilities for improved self-serve use. In particular, we have focused on our TV Traffic Instruction workflow and improved our TV Legal Clearance offering, connecting the required broadcasters across North America. Our advertising platform is becoming a one-stop solution for managing advertising logistics across linear and digital destinations.

“廣告部門在尋求機會擴大現有客戶對服務的使用範圍的同時,設法使客戶數量略有增加。我們的輔助製作服務,包括爲Direct Response客戶提供簡短版本控制和長格式數字化,繼續帶來新的基於項目的機會。我們的隱藏字幕和分析爲市場提供了全方位服務,我們正在整合 Millenia 3 客戶對工作流程和技術的使用。創新始終是當務之急,通過我們的開發團隊,我們將繼續改進DMDS平台,以簡化企業對企業的工作流程,同時擴展我們的平台功能以改善自助服務的使用。特別是,我們專注於電視交通指導工作流程,改進了我們的電視法律許可服務,連接了北美各地所需的廣播公司。我們的廣告平台正在成爲管理線性和數字目的地廣告物流的一站式解決方案。

"Our music promotion service has stabilized on the earlier 2023 quarterly reports of reduced orders, and we are actively seeking new growth opportunities. The Award Shows services remain consistent and to budget expectations as we move clients to the V3 platform, opening our capabilities to new clients in 2024.

“我們的音樂推廣服務已穩定在2023年早些時候的訂單減少季度報告基礎上,我們正在積極尋找新的增長機會。隨着我們將客戶轉移到V3平台,在2024年向新客戶開放我們的能力時,Award Shows的服務保持不變,符合預算預期。

"These results reflect our dedication to continuous improvement and strategic adaptation to the current market conditions. We are confident in our ability to navigate challenges and capitalize on opportunities as we work towards achieving our long-term goals."

“這些結果反映了我們致力於持續改進和戰略適應當前市場條件的決心。我們相信,在努力實現長期目標的過程中,我們有能力應對挑戰並抓住機遇。”

Q3'2023 Financial Highlights

2023 年第三季度財務摘要

  • Revenue in Q3'2023 was $1,708,931 compared to $2,172,530 and $1,733,140 in the second quarter of 2023 and the third quarter of 2022, respectively.

    • Revenue decreased by $463,599 or 21% versus Q2'2023. The decrease in revenue was due to decreased Advertising revenue of $529,652 or 50%, offset by increased Music and Awards revenue of $66,053 or 10%. The increase in Advertising revenue is attributed to a decrease in revenue recognized from one of the Company's existing customers. The increase in Awards revenue is primarily attributed to cyclicality in our customer's award show schedules which typically peak in the summer periods.

    • Revenue decreased by $24,209 or 1% versus Q3'2022. The decrease in revenue is the result of decreased Advertising revenue of $11,047 or 1% and a decline in Awards and Music revenue of $13,162 or 2%.

  • Operating expenses in Q3'2023 were $1,696,777 compared to $1,905,839 and $1,987,591 in the second quarter of 2023 and the third quarter of 2022, respectively.

    • Operating expenses decreased by $209,662 or 12% versus Q2'2023. The decrease in operating expenses is primarily attributed a lower head count in the current quarter compared to the previous quarter.

    • Operating expenses decreased by $290,814 or 17% versus Q2'2022. The decrease in operating expenses is primarily attributed to a reduction of employee headcount earlier in the year in addition to the reversal of previously recorded bad debts.

  • Normalized EBITDA in Q3'2023 was $247,900 in comparison to normalized EBITDA of $526,202 in the second quarter of 2023 and normalized EBITDA of $2,205 in the third quarter of 2022.

    • Normalized EBITDA decreased by $278,302 compared to Q2'2023. The decrease is primarily attributed to a decrease in revenue, partially offset by reductions in the Company's operating expenses, as discussed in further detail above.

    • Normalized EBITDA increased by $245,695 compared to Q3'2022. The increase is primarily attributed to significantly lower operating expenses, primarily attributed to reduced salaries, general and administrative costs and restructuring expenses, as discussed in further detail above.

  • 2023年第三季度的收入爲1,708,931美元,而2023年第二季度和2022年第三季度的收入分別爲2,172,530美元和1,733,140美元。

    • 與2023年第二季度相比,收入下降了463,599美元,下降了21%。收入減少是由於廣告收入減少了529,652美元,佔50%,但被音樂和獎勵收入增加66,053美元(10%)所抵消。廣告收入的增加歸因於公司現有客戶確認的收入減少。獎項收入的增長主要歸因於客戶頒獎晚會的週期性,通常在夏季達到頂峯。

    • 與2022年第三季度相比,收入減少了24,209美元,下降了1%。收入減少是廣告收入減少11,047美元(合1%)以及獎項和音樂收入下降13,162美元(佔2%)的結果。

  • 2023年第三季度的運營支出爲1,696,777美元,而2023年第二季度和2022年第三季度的運營支出分別爲1,905,839美元和1,987,591美元。

    • 與2023年第二季度相比,運營費用減少了209,662美元,下降了12%。運營費用的減少主要是由於本季度員工人數與上一季度相比有所減少。

    • 與2022年第二季度相比,運營費用減少了290,814美元,下降了17%。運營開支的減少主要歸因於今年早些時候員工人數的減少,此外還清了先前記錄的壞賬。

  • 2023年第三季度的正常息稅折舊攤銷前利潤爲247,900美元,而2023年第二季度的正常息稅折舊攤銷前利潤爲526,202美元,2022年第三季度的正常息稅折舊攤銷前利潤爲2,205美元。

    • 與2023年第二季度相比,標準化息稅折舊攤銷前利潤下降了278,302美元。如上所述,減少的主要原因是收入減少,但部分被公司運營費用的減少所抵消。

    • 與2022年第三季度相比,標準化息稅折舊攤銷前利潤增加了245,695美元。增長的主要原因是運營費用大幅降低,這主要歸因於工資、一般和管理成本以及重組費用的減少,如上文詳述的那樣。

Financial Highlights

財務要聞



Q3 2023

Q2 2023

Q1 2023

Q4 2022
Cash and cash equivalents $ 254,720
$ 284,178
$ 204,604
$ 296,748
Working capital $ (115,884) $ (94,749) $ (224,819) $ 217,710
Liquidity $ 975,794
$ 552,960
$ 781,378
$ 737,680








Revenue $ 1,708,931
$ 2,172,530
$ 1,845,253
$ 2,097,353
Operating expenses $ 1,696,777
$ 1,905,839
$ 2,100,123
$ 1,426,919
Other expenses (income) $ 20,217
$ 230,473
$ 109,749
$ 148,123
Income (loss) for the period $ (8,063) $ 36,218
$ (364,619) $ 522,311
Income (loss) per share - basic $ (0.00) $ 0.00
$ (0.01) $ 0.01
Income (loss) per share - diluted $ (0.00) $ 0.00
$ (0.01) $ 0.01








EBITDA $ 304,210
$ 368,740
$ (13,324) $ 816,075
EBITDA Margin %
17.80%

16.97%

-0.72%

38.91%
Normalized EBITDA (loss) $ 247,900
$ 526,202
$ 116,143
$ 833,974
Normalized EBITDA Margin %
14.51%

24.22%

6.29%

39.76%




















Q3 2022

Q2 2022

Q1 2022

Q4 2021
Cash and cash equivalents $ 346,744
$ 607,289
$ 783,159
$ 768,251
Working capital $ (1,701,222) $ (1,517,889) $ (1,649,976) $ 911,861
Liquidity $ 639,320
$ 1,033,533
$ 1,862,483
$ 2,148,594








Revenue $ 1,733,140
$ 1,915,307
$ 1,989,042
$ 2,305,594
Operating expenses $ 1,987,591
$ 2,259,186
$ 2,492,222
$ 2,611,535
Other expenses (income) $ (109,995) $ (2,133,145) $ 94,395
$ 24,783
Income (loss) for the period $ (144,456) $ 1,789,266
$ (597,575) $ (330,724)
Income (loss) per share - basic $ (0.00) $ 0.03
$ (0.01) $ (0.01)
Income (loss) per share - diluted $ (0.00) $ 0.03
$ (0.01) $ (0.01)








EBITDA $ 108,087
$ 2,047,149
$ (340,172) $ (99,125)
EBITDA Margin %
6.24%

106.88%

-17.10%

-4.30%
Normalized EBITDA (loss) $ 2,205
$ (42,766) $ (259,847) $ (164,899)
Normalized EBITDA Margin %
0.13%

-2.23%

-13.06%

-7.15%


2023 年第三季度

2023 年第二季度

2023年第一季度

2022 年第四季度
現金和現金等價物 $ 254,720
$ 284,178
$ 204,604
$ 296,748
營運資金 $ (115,884) $ (94,749) $ (224,819) $ 217,710
流動性 $ 975,794
$ 552,960
$ 781,378
$ 737,680








收入 $ 1,708,931
$ 2,172,530
$ 1,845,253
$ 2,097,353
運營費用 $ 1,696,777
$ 1,905,839
$ 2,100,123
$ 1,426,919
其他費用(收入) $ 20,217
$ 230,473
$ 109,749
$ 148,123
該期間的收入(虧損) $ (8,063) $ 36,218
$ (364,619) $ 522,311
每股收益(虧損)-基本 $ (0.00) $ 0.00
$ (0.01) $ 0.01
每股收益(虧損)——攤薄 $ (0.00) $ 0.00
$ (0.01) $ 0.01








EBITDA $ 304,210
$ 368,740
$ (13,324) $ 816,075
息稅折舊攤銷前利潤率%
17.80%

16.97%

-0.72%

38.91%
標準化息稅折舊攤銷前利潤(虧損) $ 247,900
$ 526,202
$ 116,143
$ 833,974
標準化息稅折舊攤銷前利潤率%
14.51%

24.22%

6.29%

39.76%




















2022 年第三季度

2022 年第二季度

2022年第一季度

2021 年第四季度
現金和現金等價物 $ 346,744
$ 607,289
$ 783,159
$ 768,251
營運資金 $ (1,701,222) $ (1,517,889) $ (1,649,976) $ 911,861
流動性 $ 639,320
$ 1,033,533
$ 1,862,483
$ 2,148,594








收入 $ 1,733,140
$ 1,915,307
$ 1,989,042
$ 2,305,594
運營費用 $ 1,987,591
$ 2,259,186
$ 2,492,222
$ 2,611,535
其他費用(收入) $ (109,995) $ (2,133,145) $ 94,395
$ 24,783
該期間的收入(虧損) $ (144,456) $ 1,789,266
$ (597,575) $ (330,724)
每股收益(虧損)-基本 $ (0.00) $ 0.03
$ (0.01) $ (0.01)
每股收益(虧損)——攤薄 $ (0.00) $ 0.03
$ (0.01) $ (0.01)








EBITDA $ 108,087
$ 2,047,149
$ (340,172) $ (99,125)
息稅折舊攤銷前利潤率%
6.24%

106.88%

-17.10%

-4.30%
標準化息稅折舊攤銷前利潤(虧損) $ 2,205
$ (42,766) $ (259,847) $ (164,899)
標準化息稅折舊攤銷前利潤率%
0.13%

-2.23%

-13.06%

-7.15%

About YANGAROO

關於 YANGAROO

Yangaroo is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. Yangaroo's Digital Media Distribution System ("DMDS") platform is a patented cloud-based platform that provides customers with a centralised and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralised digital asset management, delivery and promotion. DMDS is used across the advertising, music, and entertainment awards show markets.

Yangaroo是媒體和娛樂行業的技術提供商,爲管理和分發數字媒體內容提供基於雲的軟件平台。Yangaroo的數字媒體分發系統(“DMDS”)平台是一個基於雲的專利平台,它爲客戶提供集中和完全集成的工作流程,直接連接廣播電視廣播公司、數字顯示網絡和視頻發行商,以實現集中的數字資產管理、交付和推廣。DMDS 用於廣告、音樂和娛樂頒獎晚會市場。

YANGAROO Inc. is a publicly listed company incorporated on July 28, 1999 under the laws of Ontario as Musicrypt.com Inc. and changed to its present name on July 17, 2007. YANGAROO trades on the TSX Venture Exchange ("TSX-V") under the symbol YOO and in the U.S. under OTCPK: YOOIF.

YANGAROO Inc. 是一家上市公司,於1999年7月28日根據安大略省法律註冊成立,名爲Musicrypt.com Inc.,並於2007年7月17日更名爲現在的名稱。YANGAROO在多倫多證券交易所風險投資交易所(“多倫多證券交易所-V”)上市,代碼爲YOOO,在美國的OTCPK上市:YOOIF。

The address of the Company's corporate office and principal place of business is 360 Dufferin Street, Suite 203, Toronto, Ontario, M6K 3G1.

公司辦公室和主要營業地點的地址爲安大略省多倫多市達弗林街360號203套房,M6K 3G1。

# # #

# #

For YANGAROO Investor Inquiries:
Grant Schuetrumpf
Ph: (416) 534 0607
grant.schuetrumpf@yangaroo.com

如需諮詢 YANGAROO 投資者:
格蘭特·舒特魯姆普夫
Ph:(416) 534 0607
grant.schuetrumpf@yangaroo.com

Neither the TSX Venture Exchange nor Its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.

多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所風險交易所的政策中定義)均不對本新聞稿的準確性承擔責任。

Cautionary Note Regarding Forward-looking Statements

關於前瞻性陳述的警示說明

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.

本新聞稿包含適用的加拿大證券法所指的某些前瞻性陳述和前瞻性信息(此處統稱爲 “前瞻性陳述”)。除當前或歷史事實陳述外,所有陳述均爲前瞻性陳述。前瞻性陳述通常但並非總是通過使用諸如 “預期”、“實現”、“可以”、“相信”、“計劃”、“打算”、“目標”、“持續”、“持續”、“估計”、“展望”、“預期”、“可能”、“將”、“應該” 或類似詞語來識別,包括其負面信息,暗示未來結果。

Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of YANGAROO, that may cause the actual results, level of activity, performance or achievements of YANGAROO to be materially different from those expressed or implied by such forward looking statements, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of the technology industry. Although YANGAROO has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

前瞻性陳述受已知和未知的風險、不確定性和其他因素的影響,其中許多是YANGAROO無法控制的,這些因素可能導致YANGAROO的實際業績、活動水平、業績或成就與此類前瞻性陳述所表達或暗示的存在重大差異,包括但不限於:發行收益的使用、發行的所有必要批准、一般業務、經濟、競爭、政治和社會的不確定性;談判的不確定性和科技行業的其他風險。儘管YANGAROO試圖確定可能導致實際結果與前瞻性陳述中包含的結果存在重大差異的重要因素,但可能還有其他因素導致結果與預期、估計或預期的結果不符。

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause YANGAROO's actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither YANGAROO assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

前瞻性陳述不能保證未來的表現,涉及許多風險和不確定性,其中一些將在本文中介紹。此類前瞻性陳述必然涉及已知和未知的風險和不確定性,這可能導致YANGAROO的實際表現和業績與此類前瞻性陳述所表達或暗示的對未來業績或結果的任何預測存在重大差異。任何前瞻性陳述均截至本文發佈之日作出,除非法律要求,否則YANGAROO均沒有義務公開更新或修改此類陳述以反映後續或其他方面的新信息。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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