Jushi Holdings Q1 2024: Cannabis Gross Margin Climbs To 49.4%, Net Loss Widens To $18.4M
Jushi Holdings Q1 2024: Cannabis Gross Margin Climbs To 49.4%, Net Loss Widens To $18.4M
Jushi Holdings Inc. (OTC:JUSHF), a leading multi-state cannabis operator, reported its financial outcomes Thursday for the first quarter of 2024, highlighting advancements in profitability and operational efficiency.
領先的多州大麻運營商巨石控股公司（場外交易代碼：JUSHF）週四公佈了2024年第一季度的財務業績，重點介紹了盈利能力和運營效率的進步。
Jim Cacioppo, CEO of Jushi, expressed satisfaction with the company's progress, noting the increased gross profit margin and successful introduction of high-margin products. "Our commitment to operational improvements and product innovation is reflected in our improved margins and Adjusted EBITDA," Cacioppo stated.
巨石首席執行官吉姆·卡西奧波對公司的進展表示滿意，他指出毛利率的提高和高利潤產品的成功推出。Cacioppo表示：“我們對運營改善和產品創新的承諾反映在利潤率的提高和調整後的息稅折舊攤銷前利潤上。”
Financial Highlights
財務要聞
In the first quarter, Jushi reported a total revenue of $65.5 million, underpinned by strategic brand and product expansions.
在第一季度，巨石公佈的總收入爲6,550萬美元，這得益於戰略品牌和產品擴張。
Despite the revenue, the company experienced a net loss of $18.4 million, marking an increase from the previous year's loss of $12.4 million in Q1 2023. This loss reflects ongoing investments in growth initiatives.
儘管收入豐厚，但該公司的淨虧損爲1,840萬美元，較上年2023年第一季度的1,240萬美元虧損有所增加。這一損失反映了對增長計劃的持續投資。
The gross profit for the period was $32.3 million, with a margin expanding to 49.4%. This improvement is attributed to Jushi's effective execution of its operational enhancement strategies.
該期間的毛利爲3,230萬美元，利潤率擴大至49.4％。這種改善歸因於巨石有效執行了其運營增強戰略。
Earnings Insights
收益洞察
The company's adjusted EBITDA was reported at $13.3 million, improving by $5.7 million year-over-year, which demonstrates a strengthened financial discipline and operational efficiency.
該公司調整後的息稅折舊攤銷前利潤爲1,330萬美元，同比增長570萬美元，這表明財務紀律和運營效率得到加強。
The adjusted EBITDA margin also saw an increase to 20.4%, signifying better profitability.
調整後的息稅折舊攤銷前利潤率也增長至20.4％，表明盈利能力有所提高。
Operational Developments
運營發展
Jushi has continued to innovate its product offerings, launching 443 new unique SKUs in Q1, a significant increase compared to Q4 2023. The company also opened its 17th Beyond Hello dispensary in Pennsylvania, expanding its retail footprint and consumer reach.
巨石繼續創新其產品供應，在第一季度推出了443個新的獨特SKU，與2023年第四季度相比大幅增加。該公司還在賓夕法尼亞州開設了第17家Beyond Hello藥房，擴大了其零售足跡和消費者覆蓋面。
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掃描大麻電子表格可能需要一些時間。要了解有關投資的更多信息，請不要錯過參加將於10月8日至9日在芝加哥舉行的第19屆Benzinga大麻資本會議的機會。與高層管理人員、投資者、政策制定者和倡導者互動，探索該行業的未來。在價格上漲之前，立即通過以下方式保護您的門票 這個鏈接。
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。