Earnings Call Summary | PLANET 13 HOLDINGS INC(PLNH.US) Q1 2024 Earnings Conference
Earnings Call Summary | PLANET 13 HOLDINGS INC(PLNH.US) Q1 2024 Earnings Conference
The following is a summary of the Planet 13 Holdings, Inc. (PLNH) Q1 2024 Earnings Call Transcript:
以下是Planet 13 Holdings, Inc.（PLNH）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Planet 13 reported a consistent Q1 2024 revenue of $22.9 million, very similar to the previous quarter's revenue.
Gross profit stood at $10.5 million, resulting in a gross margin of 45.8% for the quarter.
Expenditure on general and administrative costs has risen to $10 million in Q1 from $8.8 million in Q4 2023.
The cash balance at the end of Q1 was $22.8 million, while the planned CapEx for the rest of 2024 is around $9 million.
Planet 13報告稱，2024年第一季度收入持續爲2,290萬美元，與上一季度的收入非常相似。
毛利爲1,050萬美元，使該季度的毛利率達到45.8％。
一般和管理費用支出已從2023年第四季度的880萬美元增至第一季度的1000萬美元。
第一季度末的現金餘額爲2,280萬美元，而2024年剩餘時間的計劃資本支出約爲900萬美元。
Business Progress:
業務進展：
The impending acquisition of VidaCann is expected to boost flower sales due to its 26 stores.
Revenue growth is expected across SuperStore and neighborhood stores, with the latter expected to dominate due to the planned VidaCann acquisition.
The company is preparing for potential federal cannabis reform, which could positively impact financials.
The refiled amended returns of the past three years will improve the company's cash flow.
The company aims to widen its distribution network for more extensive reach and growth.
由於其26家門店，即將對VidaCann的收購預計將促進鮮花的銷售。
預計SuperStore和鄰里商店的收入將增長，由於計劃收購VidaCann，後者預計將佔據主導地位。
該公司正在爲潛在的聯邦大麻改革做準備，這可能會對財務產生積極影響。
過去三年重新提交的修正申報表將改善公司的現金流。
該公司的目標是擴大其分銷網絡，以實現更廣泛的覆蓋面和增長。
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。