Earnings Call Summary | Arcadia Biosciences(RKDA.US) Q4 2023 Earnings Conference
Earnings Call Summary | Arcadia Biosciences(RKDA.US) Q4 2023 Earnings Conference
The following is a summary of the Arcadia Biosciences, Inc. (RKDA) Q4 2023 Earnings Call Transcript:
以下是阿卡迪亞生物科學公司（RKDA）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Arcadia reported Q4 revenues of $1.2 million, up 57% compared to Q4 2022, driven by expansion of GoodWheat while Zola's revenue remained steady.
The company experienced two consecutive years of gross profit growth - a first in its history.
SG&A expenses have consistently declined since 2019, reaching their lowest level in 2023.
Cash used in operations declined substantially by 41% from 2021 to 2023.
Arcadia brought in a gross profit growth of 54% to over $2 million in 2023, despite seeing a drop in revenue to $5.3 million.
The company targets to conclude 2024 with a net operating loss below $10 million, another first for Arcadia.
阿卡迪亞報告稱，第四季度收入爲120萬美元，與2022年第四季度相比增長57％，這得益於GoodWheat的擴張，而佐拉的收入保持穩定。
該公司連續兩年實現毛利增長，這是其歷史上的第一次。
自2019年以來，銷售和收購支出持續下降，在2023年達到最低水平。
從2021年到2023年，運營中使用的現金大幅下降了41％。
儘管收入下降至530萬美元，但阿卡迪亞在2023年仍實現了54％的毛利增長，達到200萬美元以上。
該公司的目標是在2024年底將淨營業虧損降至1000萬美元以下，這是阿卡迪亞的又一首例。
Business Progress:
業務進展：
GoodWheat showed considerable growth in 2023, extending its distribution by 300% from 1,200 to over 3,500 stores.
The brand widened to new categories and boosted its in-store presence in Q4 2023.
The company looks to grow sales velocity and per store dollar sales in 2024 by focusing on strengthening distribution.
Arcadia is proactively searching for partnerships to monetize technology and optimize the wheat supply chain.
A distribution growth of up to 50% is expected for Zola Coconut Water in 2024, supported by new flavor innovations and increased unit sales.
The company is considering several strategic alternatives for maximizing shareholder value.
GoodWheat 在 2023 年表現出可觀的增長，其分銷範圍從 1,200 家門店擴大到 3,500 多家，增長了 300%。
該品牌在 2023 年第四季度擴展到新品類並擴大了店內影響力。
該公司希望通過專注於加強分銷，在2024年提高銷售速度和每門店的美元銷售額。
阿卡迪亞正在積極尋找合作伙伴關係，以通過技術獲利並優化小麥供應鏈。
在新的口味創新和單位銷售增加的支持下，預計2024年，佐拉椰子水的分銷量將增長多達50％。
該公司正在考慮幾種戰略替代方案，以最大限度地提高股東價值。
More details: Arcadia Biosciences IR
更多詳情： 阿卡迪亞生物科學紅外線
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。