Earnings Call Summary | Ryvyl(RVYL.US) Q1 2024 Earnings Conference
Earnings Call Summary | Ryvyl(RVYL.US) Q1 2024 Earnings Conference
The following is a summary of the Ryvyl Inc. (RVYL) Q1 2024 Earnings Call Transcript:
以下是Ryvyl Inc.（RVYL）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Ryvyl reported Q1 2024 revenue growth of 49% over Q1 2023, largely driven by international results which saw 185% growth, although revenue experienced a sequential decline due to near-term impacts on their North American business.
Q1 2024 processing volume was $994 million, a rise of 5% from Q4 2023.
Estimated full-year adjusted EBITDA to range between $1 million and $5 million.
The company ended Q1 2024 with a cash and restricted cash balance of $88.2 million.
Ryvyl報告稱，2024年第一季度的收入比2023年第一季度增長了49％，這主要是由國際業績推動的，增長了185％，儘管由於短期對其北美業務的影響，收入連續下降。
2024 年第一季度的處理量爲 9.94 億美元，比 2023 年第四季度增長了 5%。
預計全年調整後的息稅折舊攤銷前利潤在100萬至500萬美元之間。
截至2024年第一季度，該公司的現金和限制性現金餘額爲8,820萬美元。
Business Progress:
業務進展：
Ryvyl navigated regulatory changes and compliance issues in high-risk verticals in the US by exploring new verticals and enhancing product offerings with a transition to app-based processing.
Recovery of North American business volume expected by Q3 2024.
The company is continuously investing in tech development and has initiated strategic international partnerships.
Mobile app payment channel and MPOS capability for delivery businesses have been officially launched.
The company is transitioning from hardware to software, expecting improved margins and better inventory management.
Regulatory changes have prompted the company to adapt its business practices, especially moving towards more secure and transparent technologies.
Several new products and services are in the pipeline, including mobile apps for Europe and Ryvyl Block. Coyni is set to expand to Europe after receiving required licenses.
While focusing on growth in Europe, Ryvyl is mindful of opportunities beyond Europe but is focusing on efficient revenue growth before targeting niche markets.
Ryvyl通過探索新的垂直領域和通過過渡到基於應用程序的處理來增強產品供應，從而應對了美國高風險垂直領域的監管變化和合規問題。
預計到2024年第三季度，北美業務量將恢復。
該公司不斷投資於技術開發，並已啓動戰略國際合作夥伴關係。
交付業務的移動應用程序支付渠道和MPOS功能已正式啓動。
該公司正在從硬件過渡到軟件，預計利潤率會提高，庫存管理也將得到改善。
監管變化促使該公司調整其業務慣例，尤其是轉向更安全和透明的技術。
幾種新產品和服務正在研發中，包括適用於歐洲的移動應用程序和Ryvyl Block。Coyni在獲得所需許可證後將業務擴展到歐洲。
在專注於歐洲增長的同時，Ryvyl注意到了歐洲以外的機會，但在瞄準利基市場之前，Ryvyl專注於有效的收入增長。
More details: Ryvyl IR
更多詳情： Ryvyl 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：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。