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Earnings Call Summary | VOXX International(VOXX.US) Q4 2024 Earnings Conference

Earnings Call Summary | VOXX International(VOXX.US) Q4 2024 Earnings Conference

業績電話會議摘要 | VOXX 國際 (VOXX.US) 2024 年第四季度業績會議
富途資訊 ·  05/16 02:02  · 電話會議

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.

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譯文內容由第三人軟體翻譯。


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