Earnings Call Summary | LEATT CORPORATION(LEAT.US) Q4 2023 Earnings Conference
Earnings Call Summary | LEATT CORPORATION(LEAT.US) Q4 2023 Earnings Conference
The following is a summary of the Leatt Corporation (LEAT) Q4 2023 Earnings Call Transcript:
以下是利特公司(LEAT)2023年第四季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
In 2023, Leatt Corporation reported a total global revenue of $47.24 million, marking a 38% decrease from 2022.
The Q4 2023 revenues were 10% less than the same period in 2022, reaching $9.8 million.
The net income for the full year of 2023 was significantly lower than the previous year, decreasing by 92% to $803,000 or $0.13 per share.
Despite the lower revenues, the operating cash flows in 2023 had grown by $3.57 million, leading to a total of $6.66 million.
At the end of 2023, the company held a total cash and cash equivalent amount of $11.35 million.
2023年,利特公司公佈的全球總收入爲4724萬美元,比2022年下降了38%。
2023年第四季度的收入比2022年同期減少了10%,達到980萬美元。
2023年全年的淨收入明顯低於上一年,下降了92%,至80.3萬美元,合每股收益0.13美元。
儘管收入減少,但2023年的運營現金流增長了357萬美元,總額達到666萬美元。
到2023年底,該公司持有的現金和現金等價物總額爲1135萬美元。
Business Progress:
業務進展:
There have been promising signs of recovery in specific regions, as MOTO dealer sales in the U.S. and emerging markets in Europe showed progress in Q4 2023, marked by a double-digit growth in Leatt's e-commerce revenues.
Leatt has expanded into the broader crossover motorcycle market with the successful launch of their new line of Adventure Gear, designed for all weather and terrain conditions.
In a bid to maintain brand strength, the focus remains on efficient multi-channel distribution strategies and controlled promotional activity.
The company was recognized with its 10th Design and Innovation Award for the MTB All Mountain 5.0 jersey and All Mountain 4.0 pants.
Leatt's management is optimistic about future growth prospects, with plans to continue the development of innovative products, channel expansion, and effective management of industry turbulence.
特定地區出現了令人鼓舞的復甦跡象,因爲美國和歐洲新興市場的MOTO經銷商銷售在2023年第四季度取得了進展,Leatt的電子商務收入實現了兩位數的增長。
Leatt成功推出了專爲所有天氣和地形條件設計的新Adventure Gear系列,已將業務擴展到更廣泛的跨界摩托車市場。
爲了保持品牌實力,重點仍然是有效的多渠道分銷策略和受控的促銷活動。
該公司憑藉山地車全山5.0球衣和全山4.0褲子獲得了第十屆設計與創新獎。
Leatt的管理層對未來的增長前景持樂觀態度,並計劃繼續開發創新產品,擴大渠道並有效管理行業動盪。
More details: LEATT CORPORATION IR
更多詳情: LEATT 公司的 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。