Earnings Call Summary | Sky Harbour Group(SKYH.US) Q1 2024 Earnings Conference
Earnings Call Summary | Sky Harbour Group(SKYH.US) Q1 2024 Earnings Conference
The following is a summary of the Sky Harbour Group Corporation (SKYH) Q1 2024 Earnings Call Transcript:
以下是天港集團公司（SKYH）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Sky Harbour Group Corporation reported increased revenues in Q1 and expects further growth in Q2, as all three campuses are fully leased.
The operating expenses remained stable, resulting in positive cash flow from operations. Sky Harbour expects this trend to continue and accelerate in the first half of next year with the opening of campuses in Denver, Phoenix, and Dallas.
On a consolidated basis, earnings in Q1 were similar to results from Sky Harbour Capital. A significant increase in revenue is predicted in Q2 with the opening of the new San Jose de Janeiro International Airport campus, leading to positive cash flow by summer 2025.
At quarter's end, Sky Harbour held nearly $160M in cash and U.S. treasuries.
天港集團公司報告稱，第一季度收入增加，預計第二季度將進一步增長，因爲所有三個園區均已全部出租。
運營費用保持穩定，從而帶來了正的運營現金流。Sky Harbour預計，隨着丹佛、鳳凰城和達拉斯校區的開放，這種趨勢將在明年上半年持續並加速。
綜合來看，第一季度的收益與天港資本的業績相似。隨着聖何塞·德熱內盧國際機場新園區的開放，預計第二季度收入將大幅增長，到2025年夏季將實現正現金流。
在本季度末，天港持有近1.6億美元的現金和美國國債。
Business Progress:
業務進展：
The company is focusing on site acquisition, targeting airports with the most square footage and best airfields.
In development, there's a move toward standardization and setting up for scale, aiming for high run rate and parallel processing.
On the leasing side, Sky Harbour is working on brand awareness and national burgeoning.
The goal in operations is to provide the shortest time to takeoff and customization to all residents focusing on their privacy and safety.
Sky Harbour continues to receive proposals for equity and debt funding to meet its growth capital needs and is fully funded for the first 10 airports.
The company anticipates signing three ground leases in 2H 2024 and six in 2025, focusing significantly on Tier 1 airports.
Despite anticipated future competition, Sky Harbour believes it has a first-mover advantage in site acquisition, and the company is optimizing its business structure for the niche industry.
The company plans to negotiate individually with tenants, targeting major corporations or high network individuals, offering a unique experience by bundling rent and fuel costs.
該公司專注於場地採購，目標是佔地面積最大、機場最好的機場。
在開發過程中，正朝着標準化和規模化設置邁進，目標是實現高運行率和並行處理。
在租賃方面，Sky Harbour正在努力提高品牌知名度和全國蓬勃發展。
運營的目標是爲所有居民提供最短的起飛和定製時間，重點關注他們的隱私和安全。
Sky Harbour繼續收到股權和債務融資提案，以滿足其增長資本需求，前10個機場的資金已全部到位。
該公司預計將在2024年下半年簽署三份地面租約，在2025年簽署六份地面租約，主要集中在一級機場。
儘管預計未來會有競爭，但Sky Harbour認爲其在場地收購方面具有先發優勢，並且該公司正在優化利基行業的業務結構。
該公司計劃與租戶進行單獨談判，目標是大公司或網絡較高的個人，通過捆綁租金和燃料成本來提供獨特的體驗。
More details: Sky Harbour Group IR
更多詳情： 天港集團投資者關係
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。