Eco Wave Power Global AB (Publ) (WAVE) Q1 2024 Earnings Call Transcript Summary
Eco Wave Power Global AB (Publ) (WAVE) Q1 2024 Earnings Call Transcript Summary
The following is a summary of the Eco Wave Power Global AB (Publ) (WAVE) Q1 2024 Earnings Call Transcript:
以下是Eco Wave Power Global AB（Publ）（WAVE）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Eco Wave Power achieved a 3.5% cost reduction in Q1 2024 compared to the same period in 2023, contributing to a total of 26% reduction for the whole year.
Operating cost decreased from $683,000 in Q1 2023 to $659,000 in Q1 2024, with reductions evident in R&D costs.
Sales and marketing costs declined from $76,000 in Q1 2023 to $65,000 in Q1 2024.
The company recorded net financial income of $132,000 in Q1 2024, compared to $160,000 in Q1 2023.
Eco Wave Power ended Q1 2024 with $7.96 million in cash and short-term bank deposits.
與2023年同期相比，Eco Wave Power在2024年第一季度實現了3.5％的成本降低了3.5％，使全年共降低了26％。
運營成本從2023年第一季度的68.3萬美元下降到2024年第一季度的659,000美元，研發成本明顯下降。
銷售和營銷成本從2023年第一季度的76,000美元下降到2024年第一季度的65,000美元。
該公司在2024年第一季度的淨財務收入爲13.2萬美元，而2023年第一季度爲16萬美元。
截至2024年第一季度，Eco Wave Power的現金和短期銀行存款爲796萬美元。
Business Progress:
業務進展：
Eco Wave Power made Q1 progress on all projects, with key improvements in the EWP-EDF One Project in Israel and the submission of final licensing documents for its first installation in the Port of Los Angeles.
Strategic investment agreement with Shell MRE was signed in January 2024 along with identification of 77 suitable sites in the US for wave energy technology installation.
Company received approval to commence construction on its first megawatt scale project in Porto.
A US-based sales and business development team will be recruited to secure more turnkey wave energy projects, potentially boosting revenues.
Eco Wave Power在所有項目上都取得了第一季度進展，以色列的EWP-EDF One項目進行了關鍵改進，並提交了其在洛杉磯港的首次安裝的最終許可文件。
與殼牌 MRE 的戰略投資協議於 2024 年 1 月簽署，同時在美國確定了 77 個適合安裝波浪能技術的地點。
公司獲准在波爾圖開始建設其第一個兆瓦級項目。
將招募一個位於美國的銷售和業務開發團隊，以確保更多的交鑰匙波浪能項目，這有可能增加收入。
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。