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Earnings Call Summary | GREENLANE RENEWABLES INC(GRNWF.US) Q4 2023 Earnings Conference

Earnings Call Summary | GREENLANE RENEWABLES INC(GRNWF.US) Q4 2023 Earnings Conference

業績電話會議摘要 | GREENLANE RENEWABLES INC (GRNWF.US) 2023 年第四季度業績發佈會
富途資訊 ·  03/27 08:07  · 電話會議

The following is a summary of the Greenlane Renewables Inc. (GRNWF) Q4 2023 Earnings Call Transcript:

以下是格林蘭可再生能源公司(GRNWF)2023年第四季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Greenlane reported Q4 2023 revenue of $17.3 million, slightly higher than Q4 2022's $17 million.

  • The company experienced a downtrend in its year-over-year revenue, ending 2023 with $57.8 million, 19% less than the previous year.

  • Greenlane saw a slight dip in its Q4 2023 gross margin of 18% compared to 19% in Q4 2022. However, it reported a year-over-year improvement in its full-year gross margin excluding amortization, which was 25% in 2023 against 24% in 2022.

  • The company accrued a net loss and comprehensive loss of $17.7 million in Q4 2023 and $29.4 million for the entire fiscal year 2023.

  • As of December 31, 2023, Greenlane was debt-free with $11.8 million in cash and $16.7 million in working capital.

  • 格林蘭公佈的2023年第四季度收入爲1730萬美元,略高於2022年第四季度的1700萬美元。

  • 該公司的收入同比下降趨勢,截至2023年爲5,780萬美元,比上年減少19%。

  • 格林蘭的2023年第四季度毛利率略有下降,爲18%,而2022年第四季度爲19%。但是,該公司報告稱,不包括攤銷在內的全年毛利率同比增長,2023年爲25%,而2022年爲24%。

  • 該公司在2023年第四季度累計淨虧損和綜合虧損爲1,770萬美元,整個2023財年的淨虧損和綜合虧損爲2940萬美元。

  • 截至2023年12月31日,格林蘭沒有債務,擁有1180萬澳元的現金和1,670萬澳元的營運資金。

Business Progress:

業務進展:

  • During 2023, the company advanced 28 active biogas upgrading projects and sealed $42.5 million in new sales contracts.

  • Greenlane is shifting towards a configured-to-order business model to boost competitiveness and minimize costs.

  • Prioritizing cost management and proficiency in supply chain execution is central to the company's strategy, along with product standardization and the ZEG Biogas agreement royalties.

  • The company expects a positive adjusted EBITDA in 2024 and foresees considerable prospects in the maturing RNG market, particularly in Brazil and North America.

  • The deal with ZEG Biogas to establish local industrial-scale volume production in Brazil should contribute to the company's revenue in 2024 with a new royalty-like business model.

  • 2023年,該公司推進了28個活躍的沼氣升級項目,並簽訂了4,250萬美元的新銷售合同。

  • Greenlane正在轉向按訂單配置的業務模式,以提高競爭力並最大限度地降低成本。

  • 優先考慮成本管理和供應鏈執行的熟練程度是公司戰略的核心,產品標準化和ZEG Biogas協議特許權使用費也是公司戰略的核心。

  • 該公司預計,2024年調整後的息稅折舊攤銷前利潤將爲正數,並預計成熟的RNG市場,尤其是巴西和北美,前景可觀。

  • 與ZEG Biogas達成的在巴西建立本地工業規模批量生產的協議將通過新的類似特許權使用費的商業模式爲該公司在2024年的收入做出貢獻。

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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