Earnings Call Summary | GREENLANE RENEWABLES INC(GRNWF.US) Q1 2024 Earnings Conference
Earnings Call Summary | GREENLANE RENEWABLES INC(GRNWF.US) Q1 2024 Earnings Conference
Adjusted EBITDA loss decreased from $1.7 million in Q4, 2023 to $0.5 million in Q1, 2024.The following is a summary of the Greenlane Renewables Inc. (GRNWF) Q1 2024 Earnings Call Transcript:
以下是格林蘭可再生能源公司（GRNWF）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Greenlane Renewables reported Q1 2024 revenue of $18.1 million, 23% higher than the previous year.
The company reported an improved gross margin of 26.5%, up 250 basis points from Q1 2023 due to changes in product mix.
Adjusted EBITDA loss decreased from $1.7 million in Q4, 2023 to $0.5 million in Q1, 2024.
Greenlane Renewables experienced a reduced net loss and comprehensive loss from continuing operations of $800,000 from $2 million in Q1 2023.
格林蘭可再生能源公司報告稱，2024年第一季度收入爲1,810萬美元，比上年增長23％。
該公司報告稱，由於產品組合的變化，毛利率提高了26.5％，較2023年第一季度增長了250個點子。
調整後的息稅折舊攤銷前利潤虧損從2023年第四季度的170萬美元下降到2024年第一季度的50萬美元。
格林蘭可再生能源公司的持續經營淨虧損和綜合虧損從2023年第一季度的200萬美元減少了80萬美元。
Business Progress:
業務進展：
The company foresees positive growth in its adjusted EBITDA, premised on strong ongoing sales activity and a refilled sales pipeline.
They have begun recognizing royalty revenue from their collaboration with ZEG Biogas in Brazil, expected to improve margin and business performance.
Greenlane Renewables sold its U.K. subsidiary to focus more on growing the core parts of its business, particularly its Cascade products.
Greenlane's sales order backlog at the end of the quarter stood at $24 million.
該公司預計，調整後的息稅折舊攤銷前利潤將實現正增長，這要歸因於強勁的持續銷售活動和充足的銷售渠道。
他們已開始確認與巴西ZEG Biogas合作的特許權使用費收入，預計這將提高利潤率和業務績效。
Greenlane Renewables出售了其英國子公司，以更多地專注於發展其業務的核心部分，尤其是其Cascade產品。
截至本季度末，Greenlane的銷售訂單積壓爲2400萬美元。
More details: GREENLANE RENEWABLES INC IR
更多詳情： GREENLANE 可再生能源公司
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。
