Hemp-Focused Wellness Co. Moves Closer To Profitability, Reports Flat 2023 Revenue, Increase In Gross Profit
Hemp-Focused Wellness Co. Moves Closer To Profitability, Reports Flat 2023 Revenue, Increase In Gross Profit
Hemp-focused CV Sciences, Inc. (OTCQB:CVSI) announced its financial results on Thursday for the year ended Dec. 31, 2023.
專注於大麻的CV Sciences, Inc.（場外交易代碼：CVSI）週四公佈了截至2023年12月31日的年度財務業績。
The San Diego-based company reported a gross margin of 44.3% for fiscal year 2023, representing an improvement from 34.2% for 2022. For the fourth quarter, its gross margin was 45.8%, representing a sequential improvement from 45.1% in the third quarter.
這家總部位於聖地亞哥的公司報告稱，2023財年的毛利率爲44.3％，較2022年的34.2％有所改善。第四季度的毛利率爲45.8％，較第三季度的45.1％連續增長。
"Our 2023 progress demonstrates our continuous commitment to innovation and cost-efficient execution as we move closer to profitability and positive cash flow," Joseph Dowling, CEO of CV Sciences said. "As the CBD category consolidates, we have increased our market share in key sales channels, including the natural product retail channel. We will continue to focus our resources on new product development, as evidenced by our pet line expansion with our recent launch of pet chews for hip and joint health and calming care."
CV Sciences首席執行官約瑟夫·道林表示：“我們在2023年的進展表明，隨着我們接近盈利和正現金流，我們對創新和成本效益執行的持續承諾。”“隨着CBD類別的整合，我們在包括天然產品零售渠道在內的關鍵銷售渠道中的市場份額有所增加。我們將繼續將資源集中在新產品開發上，我們最近推出了用於臀部和關節健康及鎮靜護理的寵物咀嚼片，從而擴大了寵物產品線，就證明了這一點。”
With earnings season wrapping up, 2023 financial performance and 2024 outlook will surely be one of many hot topics at the upcoming Benzinga Cannabis Capital Conference that returns to Florida this April 16-17. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow.
隨着業績季的結束，2023年的財務表現和2024年的前景肯定將成爲即將於4月16日至17日在佛羅里達州舉行的本辛加大麻資本會議的衆多熱門話題之一。在外交官海灘度假村舉行的爲期兩天的活動將爲大小企業家提供交流、學習和成長的機會。
See also: Capitalizing On Plant-Based Trend: Cultured Foods Acquisition Allows This US Hemp Co. To Expand In Europe
另見：利用植物性趨勢：收購養殖食品使這家美國大麻公司成爲可能在歐洲擴張
FY 2023 Financial Highlights
2023 財年財務亮點
- Revenue totaled $16 million, compared to $16.2 million for 2022.
- Gross profit totaled $7 million, up from $5.5 million in the prior year.
- Total operating expenses amounted to 3.7 million, down from $12.4 million in 2022.
- Net income attributable to common stockholders was $3.1 million, compared to $9.1 million net loss in the prior year.
- Adjusted EBITDA came in negative at $2.3 million, compared to $6.1 million adjusted EBITDA loss in 2022.
- As of Dec. 31, 2023, the company had $9.2 million in total current assets, compared to $12.7 million as of Dec.31.
- Total liabilities amounted to $6.3 million, down from $13.5 million in the prior year.
- 總收入爲1,600萬美元，而2022年爲1,620萬美元。
- 毛利總額爲700萬美元，高於去年的550萬美元。
- 總運營支出爲370萬美元，低於2022年的1,240萬美元。
- 歸屬於普通股股東的淨收益爲310萬美元，而去年同期的淨虧損爲910萬美元。
- 調整後的息稅折舊攤銷前利潤爲負230萬美元，而2022年調整後的息稅折舊攤銷前利潤虧損爲610萬美元。
- 截至2023年12月31日，該公司的流動資產總額爲920萬美元，而截至12月31日爲1,270萬美元。
- 總負債爲630萬美元，低於上一年的1,350萬美元。
Related News
相關新聞
- Hemp-Focused Wellness Company: Revenue Jumps To $4.1M, Gross Margin Peaks At 45.1%
- CV Sciences FY22 Revenue Declines 19% To $16.2M
- 專注於大麻的健康公司：收入躍升至410萬美元，毛利率達到45.1％的峯值
- CV Sciences 22財年收入下降19％，至1620萬美元
CVSI Price Action
CVSI 價格走勢
CV Sciences' shares traded 1.48% lower at $0.0384 per share at the time of writing on Thursday morning.
在週四上午撰寫本文時，CV Sciences的股價下跌1.48％，至每股0.0384美元。
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
本辛加大麻資本會議將於2024年4月16日和17日在佛羅里達州好萊塢的新地點重返佛羅里達州。在外交官海灘度假村舉行的爲期兩天的活動將爲大小企業家提供交流、學習和成長的機會。這次會議以其引領潮流的能力和對大麻未來的影響而聞名，記住你的日曆——這是大麻界年度必去的活動。
Get your tickets now on bzcannabis.com – Prices will increase very soon!
立即購買門票 bzcannabis.com — 價格很快就會上漲！
譯文內容由第三人軟體翻譯。