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Wildpack Beverage Announces Q3 2023 Financial Results

Wildpack Beverage Announces Q3 2023 Financial Results

Wildpack Beverage 公布 2023 年第三季度
Accesswire ·  2023/11/30 11:40

Third Quarter 2023 Highlights (in USD):

2023 年第三季度亮点(以美元计):

  • Q3 2023 Sales Revenue grew 80.9% to $14.78 million compared to $8.17 million in Q3 2022.
  • Production volume for Q3 2023 grew 96.4% to 34.85 million cans compared to 17.75 million cans in Q3 2022.
  • Plant Utilization in Q3 2023 grew to 40.7% from 24.2% in Q3 2022.
  • Gross Profit in Q3 2023 was 8.5% compared to a Gross Loss of 6.1% in Q3 2022.
  • Confirmed Customer Orders grew 37.5% in Q3 2023 to $14.58 million from $10.60 million Q3 2022.
  • 2023年第三季度的销售收入增长了80.9%,达到1,478万美元,而2022年第三季度为817万美元。
  • 2023年第三季度的产量增长了96.4%,达到3485万罐,而2022年第三季度为1775万罐。
  • 2023年第三季度的工厂利用率从2022年第三季度的24.2%增长到40.7%。
  • 2023年第三季度的毛利为8.5%,而2022年第三季度的总亏损为6.1%。
  • 2023年第三季度的已确认客户订单从2022年第三季度的1,060万美元增长了37.5%,达到1,458万美元。

VANCOUVER, BC / ACCESSWIRE / November 29, 2023 / Wildpack Beverage Inc. (TSXV:CANS)(OTC PINK:WLDPF) ("Wildpack Beverage" or the "Company") a leading US middle market co-packer of canned goods announces unaudited financial results for the third quarter ("Q3") ending September 30, 2023. All currencies referenced herein are US Dollars, unless otherwise indicated.

不列颠哥伦比亚省温哥华/ACCESSWIRE/2023年11月29日/美国领先的罐装食品中间市场联合包装商Wildpack Beverage Inc.(多伦多证券交易所:CANS)(场外交易PINK: WLDPF)(“Wildpack Beverage” 或 “公司”)公布了截至2023年9月30日的第三季度(“第三季度”)未经审计的财务业绩。除非另有说明,否则此处提及的所有货币均为美元。

"In Q3, our year-over-year results are promising. Despite ongoing production challenges in Baltimore due to the line upgrade, we remain optimistic about the overall positive trajectory," commented Mitch Barnard, CEO of Wildpack Beverage. "This period of transformation is a testament to our commitment to constant improvement, and we are confident that overcoming these hurdles will lead to even greater success in the future."

“在第三季度,我们的同比业绩令人鼓舞。尽管由于生产线升级,巴尔的摩的生产一直面临挑战,但我们对整体乐观态势仍然持乐观态度。” Wildpack Beverage首席执行官米奇·巴纳德评论道。“这段转型期证明了我们对持续改进的承诺,我们相信,克服这些障碍将在未来取得更大的成功。”

Q3 2023 Condensed Consolidated Interim Statements of Loss & Comprehensive Loss (Unaudited)

2023 年第三季度简明合并中期亏损和综合亏损报表(未经审计)


Three months ended September 30, Nine months ended September 30,
Note 2023
2022
(Restated, note 21)
2023
2022
(Restated, note 21)





Sales
13 $ 14,776 $ 8,171 $ 42,570 $ 25,611
Cost of sales
Production costs
14 12,894 7,662 36,397 23,358
Depreciation and amortization
6, 7, 8 633 1,004 1,796 2,313
Cost of sales
13,527 8,666 38,193 25,671
Gross profit
1,249 (495) 4,377 (60)
Operating expenses
Selling
857 673 2,752 1,979
Salaries, wages, and benefits
1,136 1,587 4,561 5,254
Depreciation and amortization
6, 7, 8 1,007 968 2,840 2,858
Office and administrative
613 552 1,796 1,472
Share-based compensation
12 494 116 1,026 297
Professional fees
52 294 939 1,216
Bad debt
350 529 730 655
Other operating
136 199 428 11
Operating expenses
4,645 4,918 15,072 13,742
Other expenses
Bank and finance charges
10 1 4 157 25
Interest on long-term debt
10 2,627 1,233 5,754 3,753
Interest on lease obligations
9 156 177 415 570
Loss on derivative asset
11 - (2) - 151
Foreign exchange loss
2 - 11 -
Other expenses
2,786 1,412 6,337 4,499
Net loss
$ (6,182) $ (6,825) $ (17,032) $ (18,301)
Other comprehensive income (loss)
Items that may be reclassified to profit or loss:
Foreign currency on translation (loss) gain
588 1,613 (53) 2,434
TOTAL COMPREHENSIVE LOSS
$ (5,594) $ (5,212) $ (17,085) $ (15,867)
Weighted average number of common shares outstanding
112,508,461 101,241,490 112,042,214 101,442,205
Loss per share - basic
$ (0.05) $ (0.07) $ (0.15) $ (0.18)
Loss per share - diluted
$ (0.05) $ (0.07) $ (0.15) $ (0.18)

截至9月30日的三个月 截至9月30日的九个月
注意 2023
2022
(重述,附注21)
2023
2022
(重述,附注21)





销售
13 $ 14,776 $ 8,171 $ 42,570 $ 25,611
销售成本
制作成本
14 12,894 7,662 36,397 23,358
折旧和摊销
6、7、8 633 1,004 1,796 2,313
销售成本
13,527 8,666 38,193 25,671
毛利
1,249 (495) 4,377 (60)
运营费用
卖出
857 673 2752 1,979
工资、工资和福利
1,136 1,587 4,561 5,254
折旧和摊销
6、7、8 1,007 968 2,840 2,858
办公室和行政
613 552 1,796 1,472
基于股份的薪酬
12 494 116 1,026 297
专业费用
52 294 939 1,216
坏账
350 529 730 655
其他操作
136 199 428 11
运营费用
4,645 4,918 15,072 13,742
其他开支
银行和财务费用
10 1 4 157 25
长期债务的利息
10 2,627 1,233 5,754 3,753
租赁债务的利息
9 156 177 415 570
衍生资产亏损
11 - (2) - 151
外汇损失
2 - 11 -
其他开支
2,786 1,412 6,337 4,499
净亏损
$ (6,182) $ (6,825) $ (17,032) $ (18,301)
其他综合收益(亏损)
可能被重新归类为损益的项目:
外币折算(亏损)收益
588 1,613 (53) 2,434
综合损失总额
$ (5,594) $ (5,212) $ (17,085) $ (15,867)
已发行普通股的加权平均数
112,508,461 101,241,490 112,042,214 101,442,205
每股亏损-基本
$ (0.05) $ (0.07) $ (0.15) $ (0.18)
每股亏损-摊薄
$ (0.05) $ (0.07) $ (0.15) $ (0.18)

Q3 2023 Condensed Consolidated Interim Statement of Cashflows (Unaudited)

2023 年第三季度简明合并中期现金流量表(未经审计)

Nine months ended Nine months ended
September 30, September 30,
Note 2023
2022
(Restated, note 21)
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
$ (17,032) $ (18,301)
Adjustments for items not affecting cash:
Depreciation and amortization
4,534 4,730
Interest expense
6,161 2,397
Share-based compensation
12 1,026 297
Unrealized loss on derivative asset
11 - 301
Changes in non-cash working capital:
Accounts receivable
(6,685) (68)
Sales taxes recoverable
67 (107)
Inventories
(863) 3,618
Prepaid expenses and deposits
(1,062) 109
Other deposits
(30) 175
Accounts payable and accrued liabilities
(3,396) 2,924
Deferred revenue
15 1,050
Cash used in operating activities
(17,265) (2,875)
CASH FLOWS FROM FINANCING ACTIVITIES
Line of credit
10 - (1,016)
Repayments of long-term debt
10 (7,948) (1,305)
Net proceeds from convertible debentures
10, 11 24,920 4,727
Proceeds from promissory notes
10 - 996
Payments of lease obligations
9 (2,094) (2,402)
Proceeds from long-term debt
10 6,745 2,348
Interest paid
(2,222) (2,088)
Cash generated by financing activities
19,401 1,260
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of equipment
(2,255) (136)
Proceeds from sale of equipment
267 -
Cash used in investing activities
(1,988) (136)
Net increase (decrease) in cash
148 (1,751)
Cash, beginning of period
943 1,450
Effect of foreign exchange rate changes on cash
(16) 814
CASH, END OF PERIOD
$ 1,075 $ 513
九个月已结束 九个月已结束
9月30日 9月30日
注意 2023
2022
(重述,附注21)
来自经营活动的现金流
净亏损
$ (17,032) $ (18,301)
对不影响现金的项目的调整:
折旧和摊销
4,534 4,730
利息支出
6,161 2,397
基于股份的薪酬
12 1,026 297
衍生资产的未实现亏损
11 - 301
非现金营运资金的变化:
应收账款
(6,685) (68)
销售税可收回
67 (107)
库存
(863) 3,618
预付费用和押金
(1,062) 109
其他存款
(30) 175
应付账款和应计负债
(3,396) 2,924
递延收入
15 1,050
用于经营活动的现金
(17,265) (2,875)
来自融资活动的现金流量
信用额度
10 - (1,016)
偿还长期债务
10 (7,948) (1,305)
可转换债券的净收益
10、11 24,920 4,727
期票的收益
10 - 996
租赁债务的支付
9 (2,094) (2,402)
长期债务的收益
10 6,745 2,348
支付的利息
(2,222) (2,088)
融资活动产生的现金
19,401 1,260
来自投资活动的现金流
购买设备
(2,255) (136)
出售设备的收益
267 -
用于投资活动的现金
(1,988) (136)
现金净增加(减少)
148 (1,751)
现金,期初
943 1,450
外汇汇率变动对现金的影响
(16) 814
现金,期末
$ 1,075 $ 513

Q3 2023 Condensed Consolidated Interim Statement of Financial Position

2023 年第三季度简明合并中期财务状况表

September 30, December 31,
Note 2023 2022
ASSETS
Current assets
Cash
$ 1,075 $ 943
Cash held in trust
658 658
Accounts receivable
17 11,823 5,138
Sales taxes recoverable
237 302
Inventories
5 5,715 4,852
Prepaid expenses and deposits
1,202 140
$ 20,710 $ 12,033
Property, plant, and equipment
6 9,914 6,375
Right of use assets
8 8,047 9,503
Derivative asset
11 12 12
Intangible assets
7 18,875 20,498
Goodwill
7 4,965 4,965
Other deposits
347 317
TOTAL ASSETS
$ 62,870 $ 53,703
LIABILITIES
Current liabilities
Accounts payable and accrued liabilities
15,168 16,002
Deferred revenue
2,015 2,000
Current portion of lease obligations
9 1,929 2,107
Current portion of long-term debt
10 4,916 7,422
$ 24,028 $ 27,531
Lease obligations
9 6,974 8,168
Long term debt
10 46,964 26,228
TOTAL LIABILITIES
$ 77,966 $ 61,927
SHAREHOLDERS' EQUITY
Share capital
12 38,024 37,853
Equity reserve
17,809 8,765
Contributed surplus
5,074 4,076
Accumulated deficit
(77,054) (60,022)
Accumulated other comprehensive loss
1,051 1,104
TOTAL SHAREHOLDERS' EQUITY (DEFICIENCY)
$ (15,096) $ (8,224)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIENCY)
$ 62,870 $ 53,703
11920
9月30日 十二月三十一日
注意 2023 2022
资产
流动资产
现金
$ 1,075 $ 943
以信托形式持有的现金
658 658
应收账款
17 11,823 5,138
销售税可收回
237 302
库存
5 5,715 4,852
预付费用和押金
1,202 140
$ 20,710 $ 12,033
不动产、厂房和设备
6 9,914 6,375
使用权资产
8 8,047 9,503
衍生资产
11 12 12
无形资产
7 18,875 20,498
善意
7 4,965 4,965
其他存款
347 317
总资产
$ 62,870 $ 53,703
负债
流动负债
应付账款和应计负债
15,168 16,002
递延收入
2,015 2,0
租赁债务的当前部分
9 1,929 2,107
长期债务的当前部分
10 4,916 7,422
$ 24,028 $ 27,531
租赁义务
9 6,974 8,168
长期债务
10 46,964 26,228
负债总额
$ 77,966 $ 61,927
股东权益
股本
12 38,024 37,853
股权储备
17,809 8,765
缴款盈余
5,074 4,076
累计赤字
(77,054) (60,022)
累计其他综合亏损
1,051 1,104
股东权益总额(亏损)
$ (15,096) $ (8,224)
负债总额和股东权益(亏损)
$ 62,870 $ 53,703
11920

The accompanying notes are an integral part of these condensed consolidated interim financial statements (unaudited), please refer to the full condensed consolidated interim financial statements (unaudited) for the three and nine months ended September 30, 2023 and September 30, 2022, and the Management's Discussion and Analysis of the Financial Condition and Results of Operations for the three and nine months ended September 30, 2023, as filed on SEDAR on November 29, 2023.

随附附注是这些简明合并中期财务报表(未经审计)不可分割的一部分,请参阅2023年11月29日向SEDAR提交的截至2023年9月30日和2022年9月30日的三个月和九个月的完整简明合并中期财务报表(未经审计),以及管理层对截至2023年9月30日的三个月和九个月的财务状况和经营业绩的讨论与分析。

Per: "Mitch Barnard"

Per:“Mitch Barnard”

Mitch Barnard
Chief Executive Officer and Board Director

米奇·巴纳德
首席执行官兼董事会董事

For further information, please contact us at:

欲了解更多信息,请通过以下方式联系我们:

invest@wildpackbev.com

invest@wildpackbev.com

or

要么

Elijah Clare
Vice President, Investor Relations
elijah@wildpackbev.com

以利亚·克莱尔
投资者关系副总裁
elijah@wildpackbev.com

Advisors

顾问

Fasken Martineau DuMoulin LLP is the legal advisor to Wildpack Beverage Inc.

Fasken Martineau Dumoulin LLP 是 Wildpack Beverage Inc. 的法律顾问

Visit our investor website at:

访问我们的投资者网站,网址为:

About Wildpack Beverage

关于 Wildpack 饮料

Wildpack Beverage provides beverage manufacturing and packaging to the middle market by providing sustainable aluminum can filling, decorating, packaging, brokering, sleeve/label printing services, and logistics to brands throughout the United States. Wildpack Beverage currently operates indirectly through its wholly owned subsidiaries and out of five facilities in Baltimore, Maryland; Grand Rapids, Michigan; Atlanta, Georgia; Sacramento, California; and Las Vegas, Nevada with a focus on digital innovation and green ready-to-drink packaging. Wildpack Beverage commenced trading on the TSX Venture Exchange under the symbol "CANS" on May 19, 2021.

Wildpack Beverage通过向美国各地的品牌提供可持续的铝罐灌装、装饰、包装、经纪、封套/标签印刷服务和物流,为中间市场提供饮料制造和包装。Wildpack Beverage目前通过其全资子公司以及位于马里兰州巴尔的摩、密歇根州大急流城、乔治亚州亚特兰大、加利福尼亚州萨克拉门托和内华达州拉斯维加斯的五家工厂间接运营,重点是数字创新和绿色即饮包装。2021年5月19日,Wildpack Beverage在多伦多证券交易所创业交易所开始交易,股票代码为 “CANS”。

Cautionary Statement on Forward Looking Information

关于前瞻性信息的警示声明

This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws, including, but not limited to, statements with respect to the timing, review, completion and filing of the Required Filings, Wildpack Beverage's plans, investments, anticipated revenue from manufacturing agreements, plans to build additional facilities, financial performance and operating performance, anticipated growth in co-packing business, the estimation of revenue, the timing and targets of M&A activity, costs, future capital expenditures, and the success of scaling up production. Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks including but not limited to: the risk of the Company not filing the Required Filings on time, risks related to the successful integration of acquisitions; risks related to operations; risks related to general economic conditions and credit availability, ability to obtain sufficient and suitable financing, actual results of current production and decorating, fluctuations in prices of aluminum; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the co-packaging industry; delays in the completion of capex activities, changes in national and local government regulation of manufacturing operations and labour laws particularly in light of the COVID pandemic, tax rules and regulations, and political and economic developments where Wildpack Beverage operates. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe", or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Wildpack Beverage to be materially different from any future results, performance, or achievements expressed, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements expressed or implied by Wildpack Beverage are subject to a number of risks, uncertainties, and conditions, many of which are outside of Wildpack Beverage's control, and undue reliance should not be placed on such statements. Although Wildpack Beverage has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties related to Wildpack's business, including that Wildpack Beverage's assumptions in making forward-looking statements may prove to be incorrect; delays in filing of financial information; adverse market conditions; risks inherent in the beverage manufacturing and packaging sector in general; that future results may vary from historical results; and competition in the markets where Wildpack Beverage operates. Except as required by securities law, Wildpack Beverage does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

本新闻稿可能包含适用的加拿大证券法所指的 “前瞻性陈述”,包括但不限于与所需申报的时间安排、审查、完成和提交有关的陈述,Wildpack Beverage的计划,投资,制造协议的预期收入,增建设施的计划,财务业绩和经营业绩,代加工业务的预期增长,收入估算,并购活动的时间和目标,成本,未来资本支出,和成功扩大产量。前瞻性陈述基于许多估计和假设,尽管管理层认为这些估计和假设是合理的,但本质上会面临重大的商业、经济和竞争风险,包括但不限于:公司未按时提交必要申报的风险、与成功整合收购相关的风险;与总体经济状况和信贷供应相关的风险;与总体经济状况和信贷可用性相关的风险;获得充足和适当融资的能力;当前生产和装饰的实际业绩,铝价格的波动;工厂、设备或流程未能按预期运行;事故、劳资纠纷、产权纠纷、保险范围的索赔和限制以及联合包装行业的其他风险;资本支出活动延迟完成,国家和地方政府对制造业务的监管和劳动法的变化,尤其是鉴于COVID疫情、税收规则和法规以及Wildpack Beverage运营的政治和经济发展。这些陈述通常可以通过使用前瞻性词语来识别,例如 “可能”、“应该”、“将”、“可以”、“打算”、“估计”、“计划”、“预期”、“期望”、“相信” 或 “继续”,或者其否定词或类似变体。前瞻性陈述涉及已知和未知的风险、不确定性和其他因素,这些因素可能导致Wildpack Beverage的实际业绩、业绩或成就与这些前瞻性陈述所表达或暗示的任何未来业绩、业绩或成就、业绩或成就存在重大差异,前瞻性陈述不能保证未来的业绩。Wildpack Beverage表达或暗示的前瞻性陈述受许多风险、不确定性和条件的影响,其中许多是Wildpack Beverage无法控制的,不应过分依赖此类陈述。尽管Wildpack Beverage试图确定可能导致实际业绩与前瞻性陈述中包含的结果存在重大差异的重要因素,但可能还有其他因素导致业绩与预期、估计或预期不符。前瞻性陈述完全受与Wildpack业务相关的固有风险和不确定性的限制,包括Wildpack Beverage在做出前瞻性陈述时的假设可能不正确;财务信息提交的延迟;不利的市场状况;整个饮料制造和包装行业固有的风险;未来业绩可能与历史业绩有所不同;以及Wildpack Beverage运营市场的竞争。除非证券法要求,否则Wildpack Beverage不承担任何更新或修改任何前瞻性陈述的义务,无论是由于新信息、事件还是其他原因。

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

SOURCE: Wildpack Beverage Inc.

来源:怀尔德帕克饮料公司


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在 accesswire.com 上查看源代码版本:

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    抢沙发