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Earnings Call Summary | Evogene(EVGN.US) Q1 2024 Earnings Conference

Earnings Call Summary | Evogene(EVGN.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Evogene (EVGN.US) 2024 年第一季度業績會議
富途資訊 ·  05/24 20:33  · 電話會議

The following is a summary of the Evogene Ltd. (EVGN) Q1 2024 Earnings Call Transcript:

以下是 Evogene Ltd. (EVGN) Q1 2024 業績會談內容摘要:

Financial Performance:

金融業績:

  • Evogene reported total revenue of approximately $4.2 million in Q1 2024, a significant increase from $0.6 million in Q1 2023.

  • Loss reduced to $3.8 million in Q1 2024, showing a decrease of 46% from the $7 million in Q1 2023.

  • Estimated cash use for 2024 excluding Biomica and Lavie Bio is predicted to be around $8 million, a 36% decrease year-over-year.

  • The closure of Canonic's operation was finalized, resulting in an annualized saving of $1.5 million.

  • Evogene 報告 Q1 2024 營業收入約爲 420 萬美元,較 Q1 2023 的 60 萬美元顯著增長。

  • Q1 2024 虧損減少至 380 萬美元,較 Q1 2023 的 700 萬美元減少了 46%。

  • 預計 2024 年除了 Biomica 和 Lavie Bio 外的現金支出預測約爲 800 萬美元,同比減少 36%。

  • Canonic 的操作關閉已經敲定,每年可節省 1.5 百萬美元。

Business Progress:

業務進展:

  • Partnerships with Verb Biotics and The Kitchen FoodTech Hub have been established and Finally Foods has been set up.

  • Casterra secured agreements with African and Brazilian seed growers to fulfill standing orders by the end of 2024.

  • Launch of Phase I clinical trial results for Biomica's BMC128 microbiome therapeutics at the 2024 ASCO Conference is in pipeline.

  • Lavie Bio initiated a new collaboration with Syngenta and received $2.5 million from Corteva.

  • AgPlenus announced a new collaboration with Bayer as operations of Canonic ceased due to challenging market conditions in the medical cannabis sector.

  • Evogene is planning to build an inventory for 2025, resourced initially by Evogene and later by partners' revenues.

  • The company conveys confidence in the uniqueness and versatility of their Computational Biology Platform (CBP) technology, aiming to enhance it through increasing number of partnerships.

  • 已經與 Verb Biotics 和 The Kitchen FoodTech Hub 建立了合作伙伴關係,成立了 Finally Foods。

  • Casterra 已經與非洲和巴西種子種植者達成協議,以滿足截至 2024 年底的備貨訂單。

  • Biomica 的 BMC128 微生物組治療項⽬的 I 期臨床試驗結果將在 2024 年 ASCO (美國臨床腫瘤學會) 大會上公佈。

  • Lavie Bio 與 Syngenta 開始了新的合作,並從 Corteva 獲得了 250 萬美元。

  • 由於醫療大麻板塊市場條件不佳,Canonic 的運營已經停止,AgPlenus 宣佈與拜耳新成立了合作關係。

  • Evogene 計劃建立 2025 年的庫存,最初由 Evogene 提供資金,後續由合作伙伴的營收支持。

  • 公司對其計算生物學平台 (CBP) 技術的獨特性和多樣性充滿信心,旨在通過增加合作伙伴的數量來增強其功能。

More details: Evogene 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.

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譯文內容由第三人軟體翻譯。


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