TerrAscend's Q2 2024 Results: Keeps 48.6% Of Revenue As Profit, EBITDA Margin Increases
TerrAscend's Q2 2024 Results: Keeps 48.6% Of Revenue As Profit, EBITDA Margin Increases
The company's gross profit for the quarter was $37.7 million, resulting in a gross margin of 48.6%, slightly down from 50.2% in Q2 2023.TerrAscend Corp. (OTC:TSNDF) reported net revenue of $77.5 million for the second quarter of 2024, reflecting a 7.5% increase compared to $72.1 million in the same period in 2023.
TerrAscend公司(OTC:TSNDF)報告2024年第二季度淨收入爲$77.5百萬美元，與2023年同期的$72.1百萬美元相比增長了7.5%。
Executive chairman Jason Wild highlighted the company's material revenue and EBITDA growth, positive free cash flow and a strategic focus on geographic expansion supported by a recently secured $140 million term loan.
執行主席Jason Wild強調了公司實質性的收入和EBITDA增長，自由現金流是正的，戰略重心在地理擴張上，這得到了最近獲得的1.4億美元的長期貸款的支持。
"We are closing in on multiple transactions to expand our geographic footprint and the recent closing of our $140 million term loan provides financial flexibility and fuel to execute this growth strategy. We can't wait to share more details, when appropriate," Wild stated in a press release.
Wild在一份新聞發佈中表示:"我們正在接近多宗交易以擴大我們的地理範圍，最近獲得的1.4億美元的長期貸款爲執行這一增長戰略提供了財務靈活性和資金支持。適當時我們將分享更多細節。"
Gross Profit And Margin
毛利潤與毛利率
The company's gross profit for the quarter was $37.7 million, resulting in a gross margin of 48.6%, slightly down from 50.2% in Q2 2023.
本季度公司的毛利潤爲$37.7百萬美元，導致毛利率爲48.6%，略低於2023年第二季度的50.2%。
Net Loss
淨虧損
TerrAscend recorded a net loss from continuing operations of $6.2 million, an improvement from the net loss of $12.9 million in the second quarter of 2023.
TerrAscend的持續經營淨損失爲$62百萬美元，相比於2023年第二季度的淨虧損129百萬美元有所改善。
Adjusted EBITDA
調整後的EBITDA
Adjusted EBITDA from continuing operations grew by 21.9% year-over-year to $15.6 million, with an adjusted EBITDA margin of 20.2%, up from 17.8% in the same quarter of the previous year.
持續經營的調整後EBITDA同比增長21.9%，達到156百萬美元，調整後EBITDA的毛利率爲20.2%，高於去年同季度的17.8%。
Price Action: TSNDF closed at $1.35, up 11.57% for the day.
股票價格：TSNDF收盤價爲1.35美元，日漲幅爲11.57%。
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Photo: AI-generated image.
圖片：由人工智能生成的圖像。
譯文內容由第三人軟體翻譯。
