Earnings Call Summary | Soho House(SHCO.US) Q3 2024 Earnings Conference
Earnings Call Summary | Soho House(SHCO.US) Q3 2024 Earnings Conference
Adjusted EBITDA for Q3 was $48 million, up 38% year-on-year, with adjusted EBITDA margins of approximately 14.5%.The following is a summary of the Soho House & Co Inc. (SHCO) Q3 2024 Earnings Call Transcript:
以下是Soho House & Co Inc. (SHCO) 2024年第三季度 業績會 的總結：
Financial Performance:
財務表現：
Q3 total revenues increased by 14% year-over-year to $333 million.
Membership revenues grew 17% year-over-year to $107 million.
Adjusted EBITDA for Q3 was $48 million, up 38% year-on-year, with adjusted EBITDA margins of approximately 14.5%.
Net income turned positive in Q3, improving from a negative $49 million in the same quarter last year.
第三季度總收入同比增長14%，達到33300萬。
會員收入同比增長17%，達到10700萬。
第三季度的調整後息稅折舊攤銷前利潤(EBITDA)爲4800萬，同比增長38%，調整後EBITDA利潤率約爲14.5%。
淨利潤在第三季度由去年同季度的負4900萬轉爲正值。
Business Progress:
業務進展：
Soho House & Co welcomed 4,000 new members, reaching approximately 208,000 members globally.
Opened Soho Mews House in London's Mayfair area and hosted unique events like Food Festival at Soho Farmhouse.
Continued investment in back-of-house systems and operational efficiency, including plans to replace current finance ERP software with a new cloud-based system.
Focused on enhancing membership experience and value, both through new and existing houses.
Soho House & Co歡迎了4000名新會員，全球會員人數達到約208000名。
在倫敦梅菲爾地區開放了Soho Mews House，並舉辦了獨特的活動，如Soho Farmhouse食品節。
持續投資於後台系統和運營效率，包括計劃用新的基於雲的系統替換當前的財務ERP軟件。
專注於提升會員體驗和價值，包括通過新老房屋。
Opportunities:
機會：
Strong membership growth with a continued high demand, indicated by a record-high waitlist.
Expansion in new markets with new house openings contributing significantly to growth.
強勁的會員增長，需求持續旺盛，創下了歷史最高的候補名單。
在新市場擴張，新房屋的開設對增長貢獻顯著。
Risks:
風險：
Operational changes and system overhauls leading to short-term disruptions and financial adjustments.
Geographic and macroeconomic events impacting market performance, particularly noticeable in North America during election periods.
運營變化和系統大 overhaul 導致短期干擾和財務調整。
影響市場表現的地理和宏觀經濟事件，尤其在選舉期間在北美尤爲明顯。
More details: Soho House IR
更多細節：Soho House 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：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。
