Software Company Springbig Banks On Loyalty Programs, Reaps $28.1M Revenue, Shrinks Net Loss With EBITDA Revival
Software Company Springbig Banks On Loyalty Programs, Reaps $28.1M Revenue, Shrinks Net Loss With EBITDA Revival
In its latest financial disclosure on Tuesday, Springbig (OTC:SBIG), a leader in SaaS-based marketing solutions and loyalty programs, reported a modest but noteworthy revenue increase to $6.8 million -1% year-on-year growth for the fourth quarter ending December 31, 2023.
在週二的最新財務披露中，基於SaaS的營銷解決方案和忠誠度計劃的領導者Springbig（場外交易代碼：SBIG）報告稱，截至2023年12月31日的第四季度收入略有但值得注意的增長，達到680萬美元，同比增長1％。
This period also saw a notable 10% rise in subscription revenue. The gross profit for the quarter stood at $4.8 million, translating into a robust gross margin of 70%.
在此期間，訂閱收入也顯著增長了10％。該季度的毛利潤爲480萬美元，相當於70％的強勁毛利率。
Despite these gains, the company faced a net loss of $3.2 million, an improvement from the $4.5 million loss in the previous year.
儘管取得了這些收益，但該公司仍面臨320萬美元的淨虧損，較去年的450萬美元虧損有所改善。
Adjusted EBITDA also showed signs of recovery, with a minor loss of $0.2 million compared to a $3.2 million loss the year before.
調整後的息稅折舊攤銷前利潤也顯示出復甦的跡象，小幅虧損20萬美元，而前一年的虧損爲320萬美元。
Paul Sykes, Springbig's CFO, stated, "Completing our $8 million debt financing has significantly strengthened our balance sheet, fully funding our operations and allowing for expansion without additional capital in the near term. Despite 2023's challenges, we're proud of our revenue growth and, with our recent initiatives and streamlined expenses, anticipate Adjusted EBITDA margins of 12% to 15% in 2024."
Springbig首席財務官保羅·賽克斯表示：“完成800萬美元的債務融資極大地增強了我們的資產負債表，爲我們的業務提供了充足的資金，並允許在短期內無需額外資本即可進行擴張。儘管2023年面臨挑戰，但我們爲收入增長感到自豪，通過我們最近的舉措和精簡的支出，預計2024年調整後的息稅折舊攤銷前利潤率將達到12％至15％。”
Yearly Performance: A Path to Recovery
年度業績：復甦之路
Looking at the broader picture for 2023, Springbig reported revenues of $28.1 million, a 5% increase from 2022. Subscription services continued to be a strong revenue driver, with a 14% year-on-year increase to $22.3 million, now accounting for 79% of total revenue.
從2023年的總體情況來看，Springbig公佈的收入爲2810萬美元，比2022年增長了5％。訂閱服務仍然是強勁的收入驅動力，同比增長14％，達到2,230萬美元，目前佔總收入的79％。
The year's gross profit was impressive at $21.6 million, reflecting a gross margin of 77%.
該年度的毛利潤令人印象深刻，達到2160萬美元，毛利率爲77％。
However, the company's journey towards profitability is ongoing, with a net loss of $10.2 million, albeit a significant reduction from the $13.1 million loss in 2022.
但是，該公司的盈利之旅仍在繼續，淨虧損爲1,020萬美元，儘管較2022年的1310萬美元虧損大幅減少。
Adjusted EBITDA losses narrowed to $3.6 million from $12.6 million, indicating efficient cost management and operational optimization.
調整後的息稅折舊攤銷前利潤虧損從1,260萬美元縮小至360萬美元，這表明了有效的成本管理和運營優化。
Forward Outlook
前瞻展望
With an $8 million debt financing initiative bolstering its balance sheet, Springbig anticipates an upward trajectory in 2024, forecasting revenue between $29 to $32 million and a positive Adjusted EBITDA of $3.5 to $5.0 million.
隨着800萬澳元的債務融資計劃鞏固了其資產負債表，Springbig預計2024年將呈上升趨勢，預計收入在2900萬至3200萬美元之間，調整後的息稅折舊攤銷前利潤爲350萬至500萬美元。
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Photo: AI-Generated Image.
照片：人工智能生成的圖像。
譯文內容由第三人軟體翻譯。