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Earnings Call Summary | GREENLANE RENEWABLES INC(GRNWF.US) Q1 2024 Earnings Conference

Earnings Call Summary | GREENLANE RENEWABLES INC(GRNWF.US) Q1 2024 Earnings Conference

業績電話會議摘要 | GREENLANE RENEWABLES INC (GRNWF.US) 2024 年第一季度業績會議
富途資訊 ·  05/11 05:42  · 電話會議

The following is a summary of the Greenlane Renewables Inc. (GRNWF) Q1 2024 Earnings Call Transcript:

以下是格林蘭可再生能源公司(GRNWF)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Greenlane Renewables reported Q1 2024 revenue of $18.1 million, 23% higher than the previous year.

  • The company reported an improved gross margin of 26.5%, up 250 basis points from Q1 2023 due to changes in product mix.

  • Adjusted EBITDA loss decreased from $1.7 million in Q4, 2023 to $0.5 million in Q1, 2024.

  • Greenlane Renewables experienced a reduced net loss and comprehensive loss from continuing operations of $800,000 from $2 million in Q1 2023.

  • 格林蘭可再生能源公司報告稱,2024年第一季度收入爲1,810萬美元,比上年增長23%。

  • 該公司報告稱,由於產品組合的變化,毛利率提高了26.5%,較2023年第一季度增長了250個點子。

  • 調整後的息稅折舊攤銷前利潤虧損從2023年第四季度的170萬美元下降到2024年第一季度的50萬美元。

  • 格林蘭可再生能源公司的持續經營淨虧損和綜合虧損從2023年第一季度的200萬美元減少了80萬美元。

Business Progress:

業務進展:

  • The company foresees positive growth in its adjusted EBITDA, premised on strong ongoing sales activity and a refilled sales pipeline.

  • They have begun recognizing royalty revenue from their collaboration with ZEG Biogas in Brazil, expected to improve margin and business performance.

  • Greenlane Renewables sold its U.K. subsidiary to focus more on growing the core parts of its business, particularly its Cascade products.

  • Greenlane's sales order backlog at the end of the quarter stood at $24 million.

  • 該公司預計,調整後的息稅折舊攤銷前利潤將實現正增長,這要歸因於強勁的持續銷售活動和充足的銷售渠道。

  • 他們已開始確認與巴西ZEG Biogas合作的特許權使用費收入,預計這將提高利潤率和業務績效。

  • Greenlane Renewables出售了其英國子公司,以更多地專注於發展其業務的核心部分,尤其是其Cascade產品。

  • 截至本季度末,Greenlane的銷售訂單積壓爲2400萬美元。

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。


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