Earnings Call Summary | Ryvyl(RVYL.US) Q2 2024 Earnings Conference
Earnings Call Summary | Ryvyl(RVYL.US) Q2 2024 Earnings Conference
Gross margin for Q2 2024 was 39.9%, compared to 41.2% in Q2 2023, indicating a shift in product mix with an expectation of higher gross margins as licensing gains prominence in the revenue mix.The following is a summary of the Ryvyl Inc. (RVYL) Q2 2024 Earnings Call Transcript:
以下是Ryvyl Inc.（RVYL）2024年第二季度業績會簡報摘要：
Financial Performance:
金融業績：
Ryvyl Inc. reported Q2 2024 processing volumes across all channels totaling $1.055 billion, a 55% increase from Q2 2023, with international processing volumes at $902 million and North America processing volumes at $153 million.
Revenue for Q2 2024 was $11.9 million, a decrease from $14.8 million in Q2 2023, with international revenue contributing $8.9 million after a 134% growth.
Gross margin for Q2 2024 was 39.9%, compared to 41.2% in Q2 2023, indicating a shift in product mix with an expectation of higher gross margins as licensing gains prominence in the revenue mix.
Ryvyl Inc.報告稱，2024年第二季度所有渠道的處理量總計爲10.55億美元，比2023年第二季度增長了55％，國際處理量爲9020萬美元，北美處理量爲1530萬美元。
2024年第二季度營業收入爲1190萬美元，較2023年第二季度的1480萬美元有所下降，國際收入貢獻了890萬美元，增長了134％。
2024年第二季度毛利率爲39.9％，較2023年第二季度的41.2％有所下降，表明產品組合出現了變化，預計許可證將在營業收入組合中佔據更重要的地位，從而實現更高的毛利率。
Business Progress:
業務進展：
Ryvyl Inc. focused on expanding its European operations (RYVYL EU), which are expected to be the largest revenue generator in 2024, through initiatives such as Visa Direct integrations, expanding partnerships, and enhancing technology applications.
In the U.S., Ryvyl adapted to regulatory changes impacting certain markets by restructuring operations and expanding into new verticals with high-risk processing.
The company is actively pursuing private and white label licensing, expecting to begin transactions in Q4 2024, which will lower per-transaction fees but increase gross margins and reduce operational risk.
Ryvyl Inc.專注於通過Visa Direct集成、擴大合作伙伴關係和加強技術應用等舉措擴大其歐洲業務（RYVYL EU），預計這將成爲2024年最大的營收發生器。
在美國，Ryvyl通過重組運營和擴大高風險處理的新垂直領域適應了影響某些市場的監管變化。
該公司正在積極尋求私人和白標許可證，預計將在2024年第四季度開始交易，這將降低每筆交易費用，但提高毛利率並減少運營風險。
Opportunities:
機會：
Significant growth in international markets, particularly in Europe, driven by banking-as-a-service offerings and strategic partnerships with entities like Visa and ACI Worldwide.
Expansion into high-margin verticals and product offerings such as NanoKard and RYVYL Fabric, which are expected to enhance the company's processing capabilities and secure financial transactions.
國際市場特別是歐洲市場的快速增長，主要是由於銀行即服務（BaaS）提供和與Visa和aci環球等實體的戰略合作帶動的。
擴大高利潤垂直領域和產品供應（如NanoKard和RYVYL Fabric），預計可以增強公司的處理能力並確保安全的金融交易。
Risks:
風險：
Regulatory changes in the U.S. impacted a niche industry customer base and North American revenue, requiring operational restructuring and a strategic shift towards licensing to mitigate risks.
Economic uncertainties and regulatory challenges might affect the speed and scale of expansion, especially in high-risk verticals and new market entries.
美國的監管變化影響了一部分行業的客戶基礎和北美收入，需要進行運營重組，重點轉向許可證以減輕風險。
經濟不確定性和監管挑戰可能會影響擴展的速度和規模，特別是在高風險行業板塊和新市場進入方面。
More details: Ryvyl IR
更多詳情：Ryvyl 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。
