Earnings Call Summary | Hall Of Fame Resort & Entertainment(HOFV.US) Q2 2024 Earnings Conference
Earnings Call Summary | Hall Of Fame Resort & Entertainment(HOFV.US) Q2 2024 Earnings Conference
The following is a summary of the Hall of Fame Resort & Entertainment Co. (HOFV) Q2 2024 Earnings Call Transcript:
以下是名人堂度假村和娛樂公司(HOFV)2024財年第二季度業績會交易報告摘要:
Financial Performance:
金融業績:
Q2 2024 revenue was reported at $4.7 million, a decrease from $6.1 million in Q2 2023, largely due to the mix of events.
Adjusted EBITDA improved to a loss of $4.2 million from a loss of $6.2 million in the previous year, attributed to reduced operating expenses and increased efficiency.
Reported a net loss of $15.8 million for the quarter, with increased interest expenses due to higher debt balances.
The company continues to work towards stabilizing its balance sheet, having restructured $21 million of community loans and secured additional financing of $11 million.
2024財年第二季度營業收入報告爲470萬美元,較2023年第二季度的610萬美元下降,這主要是由於活動混合的影響。
調整後的EBITDA虧損從上一年的620萬美元降至420萬美元,這歸因於減少營業費用和提高效率。
本季度淨虧損達1580萬美元,由於債務餘額較高,利息費用增加。
公司繼續致力於穩定其資產負債表,重組了2100萬美元的社區貸款,並獲得了1100萬美元的額外融資。
Business Progress:
業務進展:
Hosted a variety of events including NFL flag football, American Cornhole League Championships, and concerts, significantly activating the campus and utilizing its diverse facilities.
Achievements in media production with projects like 'Hometown Heroes' and 'The GOAT Code', and strategic growth in the gaming vertical.
Development efforts in Phase 2 continue with plans to complete Gameday Bay Waterpark and an on-site hotel by mid to late 2025.
Enhanced sponsorships and strategic partnerships boosting long-term revenue possibilities.
舉辦了各種活動,包括NFL旗幟橄欖球,美國Cornhole聯賽錦標賽和音樂會,顯著激活了校園並利用了它多樣化的設施。
在媒體制作方面取得了成績,推出了《家鄉英雄》和《The GOAt Code》等項目,並在遊戲領域實現了戰略性增長。
第二階段的開發工作正在繼續進行,計劃在2025年中期至晚期完工遊戲日灣水上樂園和現場酒店。
增強贊助和戰略合作伙伴關係,提高長期營收可能性。
Opportunities:
機會:
The company sees opportunities in expanding its event scheduling and synergy model to optimize revenue from various sources like hotel stays, food and beverage, and gaming.
Continued development of media content and sponsorship avenues provides additional revenue streams.
The completion of Gameday Bay Waterpark and on-site hotel expected to significantly boost guest experience and operational capacities.
公司看到擴大其活動安排和協同模型的機會,以優化來自各種來源例如酒店住宿,餐飲和遊戲的營收。
繼續開發媒體內容和贊助途徑,提供額外的營收來源。
遊戲日灣水上樂園和現場酒店的完成,預計將顯著提升客戶體驗和運營能力。
Risks:
風險:
Revenue for 2024 projected to be lower than the previous year, reflecting challenges in stabilizing event programming and dependency on successful completion of the ongoing capital projects.
Macro-economic conditions affecting consumer spending could impact attendance and profitability.
預計2024財年的營業收入將低於上一年,反映出穩定活動程序和依賴性成功完成正在進行的資本項目所面臨的挑戰。
宏觀經濟狀況影響消費者支出,可能影響出席活動和盈利能力。
More details: Hall Of Fame Resort & Entertainment IR
更多細節請參見名人堂度假村與娛樂公司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。