Earnings Call Summary | VOXX International(VOXX.US) Q4 2024 Earnings Conference
Earnings Call Summary | VOXX International(VOXX.US) Q4 2024 Earnings Conference
The following is a summary of the VOXX International Corporation (VOXX) Q4 2024 Earnings Call Transcript:
以下是VOXX國際公司(VOXX)2024年第四季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
VOXX reported a decrease in annual net sales by 12.2% to approximately $469 million, with Q4 net sales falling by 20.8% compared to the same period last year.
The company posted operating and net losses of $44 million and $40.9 million respectively, further recording an adjusted EBITDA loss of $3.4 million.
Gross margins saw a dip of 80 basis points with the added burden of $14.2 million non-cash impairment charges and $2.1 million restructuring expenses.
Cash and cash equivalents stood at $11 million at year end, with total debt amounting to $73.3 million.
VOXX報告稱,年淨銷售額下降了12.2%,至約4.69億美元,第四季度的淨銷售額與去年同期相比下降了20.8%。
該公司公佈的營業虧損和淨虧損分別爲4400萬美元和4,090萬美元,調整後的息稅折舊攤銷前利潤虧損爲340萬美元。
毛利率下降了80個點子,其中增加了1,420萬美元的非現金減值費用和210萬美元的重組費用。
截至年底,現金及現金等價物爲1,100萬美元,債務總額爲7,330萬美元。
Business Progress:
業務進展:
VOXX has entered a 50-50 joint venture, creating a new company, BioCenturion LLC.
Sales in automotive and consumer segments declined, with the company citing a need for business restructuring to return to profitability.
VOXX plans to control inventory, monetize capital, and improve margins for profitability enhancement.
The company is working on a realignment for fiscal 2025, focusing on cost reduction and preparedness for a potentially flat sales year.
Automation and streamlining are key elements of the corporate strategy, aiming at improving processes, reducing working capital needs and bettering balance sheet.
VOXX成立了一家50比50的合資企業,成立了一家名爲BioCenturion LLC的新公司。
汽車和消費品領域的銷售額下降,該公司理由是需要進行業務重組才能恢復盈利。
VOXX計劃控制庫存,將資本貨幣化並提高利潤率以提高盈利能力。
該公司正在調整2025財年,重點是降低成本併爲可能持平的銷售年度做好準備。
自動化和精簡是企業戰略的關鍵要素,旨在改善流程,減少營運資金需求和改善資產負債表。
More details: VOXX International IR
更多詳情: VOXX 國際 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.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。