Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion
Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion
Curaleaf Holdings, Inc. (OTC:CURLF), a leading international cannabis company, reported its financial results for the first quarter of 2024. Curaleaf's CEO, Matt Darin, highlighted the company's focus on expanding its brand globally, leveraging significant market catalysts such as legislative changes in key regions like New York, Germany and several U.S. states.
領先的國際大麻公司Curaleaf Holdings, Inc.（場外交易代碼：CURLF）公佈了2024年第一季度的財務業績。Curaleaf首席執行官馬特·達林強調說，該公司專注於在全球範圍內擴展其品牌，利用重要的市場催化劑，例如紐約、德國和美國幾個州的立法變革。
Financial Performance
財務業績
Curaleaf announced a first-quarter revenue of $339 million, reflecting a 2% increase year-over-year.
Curaleaf宣佈第一季度收入爲3.39億美元，同比增長2％。
The adjusted gross margin rose to 48%, showcasing efficient cost management and operational improvements.
調整後的毛利率上升至48％，顯示了有效的成本管理和運營改善。
The company's Adjusted EBITDA stood at $77 million, representing 23% of the revenue. This figure indicates a 40 basis point enhancement compared to the same period last year, illustrating subtle yet positive financial shifts.
該公司調整後的息稅折舊攤銷前利潤爲7700萬美元，佔收入的23％。該數字表明，與去年同期相比提高了40個點子，這表明了微妙而積極的財務變化。
Despite these gains, Curaleaf reported a significant net loss of $48.3 million, signaling ongoing investments and expansion costs that impact short-term profitability.
儘管取得了這些收益，但Curaleaf報告了4,830萬美元的巨額淨虧損，這表明持續的投資和擴張成本影響了短期盈利能力。
Strategic Developments
戰略發展
The quarter saw the launch of innovative products such as Stir by Zero Proof, a fast-acting THC beverage in Illinois and Stiq, a new vape product in Arizona. An there was the acquisition of Northern Green Canada (NGC).
本季度推出了創新產品，例如伊利諾伊州的速效四氫大麻酚飲料Stir by Zero Proof和亞利桑那州的新型電子煙產品Stiq。還收購了加拿大北方綠色公司（NGC）。
The company ended the quarter with $105 million in cash as well as generating $46 million in operating cash flow and $33 million in free cash flow.
該公司在本季度末擁有1.05億美元的現金，併產生了4600萬美元的運營現金流和3,300萬美元的自由現金流。
Global Expansion And Market Dynamics
全球擴張和市場動態
With the cannabis industry's landscape evolving, Curaleaf's transition from a multi-state operator (MSO) to a multi-country pperator (MCO) is timely. The company now operates in over 15 countries, with recent regulatory advancements likely to bolster its market position.
隨着大麻行業格局的發展，Curaleaf從多州運營商（MSO）向多國運營商（MCO）的過渡是及時的。該公司目前在超過15個國家開展業務，最近的監管進展可能會鞏固其市場地位。
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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。