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Greenlane Holdings Q1 2023 Revenue Surges 9% Thanks To New Products & Reduced Operating Expenses

Greenlane Holdings Q1 2023 Revenue Surges 9% Thanks To New Products & Reduced Operating Expenses

Greenlane Holdings 2023 年第一季度收入激增 9%,這要歸功於新產品和運營支出的減少
Benzinga ·  2023/05/16 09:20

Greenlane Holdings, Inc.,(NASDAQ:GNLN) a leading distributor of cannabis accessories and vaporization products, reported its financial results for the first quarter of 2023 late Monday. The company experienced a 9.0% increase in revenue, reaching $24.0 million, and significantly reduced operating expenses by 32%.

格林蘭控股有限公司,(納斯達克股票代碼:GNLN)是大麻配件和蒸發產品的領先分銷商,週一晚些時候公佈了其2023年第一季度的財務業績。該公司的收入增長了9.0%,達到2400萬美元,並將運營費用大幅減少了32%。

Key Takeaways

關鍵要點

  • Growth can be attributed to the successful launch of 16 new products, including offerings from Groove, Eyce, and DaVinci.
  • Moreover, Greenlane demonstrated its commitment to optimizing operational efficiency by reducing operating expenses by a notable $7.1 million or 32% compared to the previous quarter.
  • Although Greenlane reported a net loss of $10.2 million, the adjusted EBITDA loss for the quarter improved to $6.8 million, indicating positive strides in the company's financial performance.
  • 增長可以歸因於16款新產品的成功推出,其中包括Groove、Eyce和DaVinci的產品。
  • 此外,與上一季度相比,Greenlane將運營支出顯著減少了710萬美元或32%,從而表明了其對優化運營效率的承諾。
  • 儘管Greenlane報告淨虧損1,020萬美元,但本季度調整後的息稅折舊攤銷前利潤虧損提高至680萬美元,這表明該公司的財務業績取得了積極的進步。

Highlights

亮點

  • Q1 2023 revenue increased 9.0% to $24.0 million compared to Q4 2022 ($22.0 million).
  • Q1 2023 operating expenses were down $7.1 million or 32% compared to Q4 2022, including a $4.6 million intangible assets impairment charge.
  • Q1 2023 net loss attributed to Greenlane Holdings, Inc. was $10.2 million compared to Q4 2022 ($13.3 million), including the $4.6 million intangible assets impairment charge. The basic and diluted net loss per share was $0.64 compared to $1.02 for the prior quarter.
  • Q1 2023 adjusted EBITDA loss was $6.8 million compared to Q4 2022 ($7.6 million).
  • The Company launched 16 new products: 12 from Groove, 3 from Eyce, and the MIQRO-C from DaVinci.
  • Q1 2023 net sales were $24.0 million, a 9.0% increase over the prior quarter.
  • The gross margin was 23.0% during the quarter, lower than the 26.7% in Q4 2022.
  • 與 2022 年第四季度(2,200 萬美元)相比,2023 年第一季度的收入增長了 9.0%,達到 240 萬美元。
  • 與2022年第四季度相比,2023年第一季度的運營支出下降了710萬美元,下降了32%,其中包括460萬美元的無形資產減值費用。
  • 2023年第一季度歸因於格林蘭控股公司的淨虧損爲1,020萬美元,而2022年第四季度(1,330萬美元),其中包括460萬美元的無形資產減值費用。每股基本和攤薄後的淨虧損爲0.64美元,而上一季度爲1.02美元。
  • 2023年第一季度調整後的息稅折舊攤銷前利潤虧損爲680萬美元,而2022年第四季度(760萬美元)。
  • 該公司推出了16款新產品:12款來自Groove,3款來自Eyce,以及來自達芬奇的MIQRO-C。
  • 2023 年第一季度的淨銷售額爲 240 萬美元,比上一季度增長 9.0%。
  • 本季度的毛利率爲23.0%,低於2022年第四季度的26.7%。

Price Action

價格走勢

GNLN shares were trading 13.89% higher on Monday after the bell at $0.33 per share.

週一,GNLN股價上漲了13.89%,此前收於每股0.33美元。

See Also

另見

  • Greenlane's Q4 Revenue Plummets 23% Sequentially, Company Weighs In
  • EXCLUSIVE: Strategies And Insights For Sustainable Success From 4 Cannabis Industry Leaders

  • Greenlane的第四季度收入連續下降23%,公司對此進行了權衡
  • 獨家:來自4位大麻行業領導者的可持續成功策略和見解

Photo by 3D Animation Production Company via Pixabay.

照片由 3D 動畫製作公司通過 Pixabay 拍攝。

譯文內容由第三人軟體翻譯。


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