Earnings Call Summary | Enlight Renewable Energy(ENLT.US) Q2 2024 Earnings Conference
Earnings Call Summary | Enlight Renewable Energy(ENLT.US) Q2 2024 Earnings Conference
Despite net income dropping to $34 million, cash flow from operations saw a 4% decrease, reaching $91 million for the first half.The following is a summary of the Enlight Renewable Energy Ltd (ENLT) Q2 2024 Earnings Call Transcript:
以下是Enlight Renewable Energy Ltd (ENLT) 2024年第二季度業績會記錄摘要:
Financial Performance:
金融業績：
Enlight Renewable Energy reported a strong financial performance with a 42% increase in revenue year-over-year to $175 million for the first half of 2024, and a 61% increase in quarterly revenue to $85 million.
Adjusted EBITDA grew 33% year-over-year to $126 million for the first half, and 39% to $58 million for the quarter.
Despite net income dropping to $34 million, cash flow from operations saw a 4% decrease, reaching $91 million for the first half.
The company also revised its 2024 full-year revenue guidance upward to $345 million to $360 million, and EBITDA guidance to $245 million to $260 million.
Enlight Renewable Energy的財務表現強勁, 前半年營業收入同比增長42%至1.75億美元, 季度營業收入同比增長61%至8500萬美元。
調整後的EBITDA前半年同比增長33%至1.26億美元, 季度同比增長39%至5800萬美元。
儘管淨利潤下降至3400萬美元, 但運營現金流同比下降4%, 達到9100萬美元。
該公司還將2024年全年營收指導上調至3.45億至3.6億美元, EBITDA指導上調至2.45億至2.6億美元。
Business Progress:
業務進展：
Enlight has completed the construction of 0.5 GW and 1.4 GWh of capacity and expects this to contribute significantly to its revenue and EBITDA.
Major expansion plans include starting construction on 810 MW and over 2 GWh across three additional projects in the U.S., expected to generate substantial financial results.
The company's international projects, such as in Spain and Hungary, continue to perform well, with the Spanish Gecama project already recovering half of its equity investment in three years.
Enlight已完成0.5吉瓦和1.4吉瓦時的建設, 預計這將對其營業收入和EBITDA做出重大貢獻。
主要擴張計劃包括在美國開始810兆瓦和超過2吉瓦時的三個額外項目的建設, 預計將產生實質性的財務結果。
該公司的國際項目, 如在西班牙和匈牙利的項目, 持續良好運營, 西班牙的Gecama項目已經在三年內回收了一半的股本投資。
Opportunities:
機會：
The rapid growth in U.S. power demand, particularly from data centers, AI, and electric vehicles, presents significant opportunities for Enlight.
Lower equipment prices for panels and batteries due to a drop of 25% to 30% since early 2023 enhance project profitability.
The company sees an opportunity for attractive project returns in a tightening power market, estimating an unlevered return of approximately 10.5% on new projects, potentially leading to mid to high teen levered returns.
美國電力需求的快速增長, 特別是來自數據中心、人工智能和新能源車, 爲Enlight帶來了巨大的機遇。
面板和電池的設備價格因早在2023年初以來降低了25%至30%, 增強了項目的盈利能力。
該公司看到在緊縮的電力市場中獲得有吸引力的項目回報的機會, 預計新項目的非槓桿回報率約爲10.5%, 可能導致中高青年期的槓桿回報率。
Risks:
風險：
The gradual commencement of the Solar component of the Atrisco project indicates potential delays in project completion and achieving full commercial operation date (COD) by year-end.
Atrisco項目的光伏組件的逐步啓動表明項目完工和全面商業化運營日期(COD)可能會推遲到年底。
More details: Enlight Renewable Energy IR
更多細節: Enlight Renewable Energy 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。