Earnings Call Summary | SoFi Technologies(SOFI.US) Q1 2024 Earnings Conference
Earnings Call Summary | SoFi Technologies(SOFI.US) Q1 2024 Earnings Conference
The following is a summary of the SoFi Technologies, Inc (SOFI) Q1 2024 Earnings Call Transcript:
以下是SoFi科技公司(SOFI)2024年第一季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
SoFi reported Q1 revenue of $581 million, a 26% YoY growth and an adjusted EBIDTA of $144 million, a 91% increase year-on-year.
The net income achieved was $88 million, with a significant boost from a $59 million one-time benefit due to exchange of convertible notes.
SoFi's book value saw a growth of $608 million, standing at $4.1 billion now.
The company's adjusted earnings per share for Q1 was $0.02.
Despite a flat year over year result in the lending sector, a record growth of $336 million in home loan originations was reached, marking a 274% YoY increase.
SoFi报告称,第一季度收入为5.81亿美元,同比增长26%,调整后的息税折旧摊销前利润为1.44亿美元,同比增长91%。
实现的净收入为8,800万美元,这与可转换票据交换产生的5900万美元一次性收益相比得到了显著提振。
SoFi的账面价值增长了6.08亿美元,目前为41亿美元。
该公司第一季度调整后的每股收益为0.02美元。
尽管贷款行业的业绩同比持平,但住房贷款发放额仍创下了创纪录的3.36亿美元增长,同比增长了274%。
Business Progress:
业务进展:
SoFi expanded its member base to 8.1 million, a growth of 44% YoY, aided by continued investment in product development and sales strategy diversification.
SoFi Money accounts saw a 61% YoY increase, reaching 3.9 million with majority of deposits from direct deposit members.
Strategic transactions carried out in Q1 lead to structure optimization and boosted capital capacity, with sell off of $1.9 billion worth loan portions in Q1.
2024 objectives include maintaining a net interest margin above 5%, addition of minimum 2.3 million members marking a 30% growth and an adjusted net revenue between $2.39 billion and $2.43 billion.
Strong growth trends are expected due to record deposit growth in Q1, more product uptake, and the continuous development of the credit model especially in the credit card segments.
SoFi将其成员基础扩大到810万,同比增长44%,这得益于对产品开发和销售战略多元化的持续投资。
SoFi Money账户同比增长61%,达到390万个,其中大部分存款来自直接存款会员。
第一季度进行的战略交易促进了结构优化并提高了资本容量,第一季度出售了价值19亿美元的贷款。
2024年的目标包括将净利率维持在5%以上,增加至少230万名会员,实现30%的增长,调整后的净收入在23.9亿美元至24.3亿美元之间。
由于第一季度创纪录的存款增长、更多的产品吸收以及信贷模式的持续发展,尤其是信用卡领域的持续发展,预计将出现强劲的增长趋势。
More details: SoFi Technologies IR
更多详情: SoFi 科技 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多详情,请访问投资者关系网站。本文仅供投资者参考,不构成任何投资建议。
译文内容由第三方软件翻译。