Earnings Call Summary | SLANG WORLDWIDE INC(SLGWF.US) Q1 2024 Earnings Conference
Earnings Call Summary | SLANG WORLDWIDE INC(SLGWF.US) Q1 2024 Earnings Conference
The following is a summary of the SLANG Worldwide Inc. (SLGWF) Q1 2024 Earnings Call Transcript:
以下是SLANG Worldwide Inc.（SLGWF）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Q1 2024 revenue was $7.03 million, a 35% decrease year-over-year primarily due to declines in core market sales.
Gross profit for Q1 2024 was $3.36 million with a gross margin of 48%, representing a 5% decrease in gross margin year-over-year.
Adjusted EBITDA loss for Q1 2024 was $1.06 million, compared to a profit in Q1 2023.
2024年第一季度收入爲703萬美元，同比下降35％，這主要是由於核心市場銷售額的下降。
2024年第一季度的毛利爲336萬美元，毛利率爲48％，毛利率同比下降5％。
2024年第一季度調整後的息稅折舊攤銷前利潤虧損爲106萬美元，而2023年第一季度爲盈利。
Business Progress:
業務進展：
Expansion in higher-margin revenue channels, particularly in the e-commerce sales of Alchemy Naturals CBD gummies and wholesale sales in Vermont.
Continuous improvement in operational efficiency seen in the reduction of total operating expenses by 4% year-over-year and 16% quarter-over-quarter.
Exploring strategic initiatives potentially involving mergers, acquisitions, or other business combinations.
擴大利潤率更高的收入渠道，特別是在Alchemy Naturals CBD軟糖的電子商務銷售和佛蒙特州的批發銷售方面。
運營效率的持續改善體現在總運營支出同比減少4％，同比減少16％。
探索可能涉及合併、收購或其他業務合併的戰略舉措。
Opportunities:
機會：
New regulatory possibilities following DEA's proposed rule to move cannabis to a Schedule III drug, potentially relieving burdensome taxes.
Expansion of the e-commerce business segment as a growth catalyst.
在緝毒局提出將大麻轉爲附表三藥物的規定之後，新的監管可能性，這可能會減輕沉重的稅收。
擴大電子商務業務板塊作爲增長催化劑。
Risks:
風險：
Continuing market saturation in Vermont and ongoing softening of sales in the Colorado market.
佛蒙特州的市場持續飽和，科羅拉多市場的銷售持續疲軟。
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譯文內容由第三人軟體翻譯。