Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - good natured Products Inc. (TSXV: GDNP) (OTCQX: GDNPF) (the "Company" or "good natured"), a North American leader in plant-based products, today announced its financial results for the three months ended September 30, 2023 ("Q3 2023").
Q3 2023 Highlights
- Revenue of $19.4 million compared to $26.2 million for the three months ended September 30, 2022 ("Q3 2022") and $18.3 million for the three months ended June 30, 2023 ("Q2 2023").
- Adjusted EBITDA1 of $0.7 million compared to $0.8 million in Q3 2022 and $0.1 million in Q2 2023.
- Variable gross margin1 of 37% compared to 34% in Q3 2022 and 37% in Q2 2023.
- SG&A expenses of $3.4 million compared to $4.6 million in Q3 2022 and $3.7 million in Q2 2023.
- Cash used in operating activities was $1.4 million for the nine months ended September 30, 2023 ("YTD 2023") compared to $0.5 million generated for the nine months ended September 30, 2022 ("YTD 2022").
- Ending cash balance of $11.1 million compared to $11.9 million at December 31, 2022.
Consistent with the Company's outlook anticipating a slow normalization in its Industrial business group and positive momentum in packaging revenue, Q3 2023 delivered an increase in revenue compared to Q2 2023. The Company's Packaging business group continued its growth trajectory, although comparisons are less pronounced on a year-over-year basis as the anniversary of the July 2022 FormTex acquisition was lapped and there were some average selling price adjustments amongst the national packaging segment. Revenue declines in the Industrial business group slowed in Q3 2023 compared to Q2 2023, and the Company continues to expect more of its Industrial capacity to be used in its own manufacturing facilities as Packaging business group revenue increases.
"I'm very proud of our team's unwavering dedication to deliver an increase in revenue this quarter compared to Q2 2023 while also navigating challenging economic conditions," stated Paul Antoniadis, CEO of good natured. "Our efforts over the past year to scrutinize and optimize SG&A and other costs are beginning to show results as evidenced by the rebound in EBITDA this quarter. Our outlook remains positive for continued growth in our Packaging business group, with an ongoing pipeline of opportunities taking us into next year."
Q3 2023 Financial Overview
Revenue for Q3 2023 decreased 26% to $19.4 million as compared to $26.2 million for Q3 2022. The Packaging business group realized year-over-year revenue growth of 4% driven by organic growth, but with comparisons also reflecting the first full quarter of FormTex contribution and some average selling price adjustments, as mentioned above. Industrial business group revenue declined by 46% compared to Q3 2022 and declined by 9% compared to Q2 2023.
Variable gross margin2 for Q3 2023 increased to 36.6% compared to 34.0% for Q3 2022. The increase in variable gross margin reflects the higher mix of revenue from the Packaging business group and productivity enhancements in the variable cost of products. Gross margin was 26.7% for Q3 2023 compared to 27.2% for Q3 2022.
Selling, general and administrative expenses ("SG&A") in Q3 2023 decreased by 26% compared to Q3 2022. The decrease in SG&A expenses reflects the Company's ongoing efforts to reduce costs through headcount reductions over the past 12 months, renegotiating terms across the Company's service providers and suppliers, and through process improvements designed to reduce costs and/or improve productivity. Q3 2023 SG&A excluding acquisition activity and one-time charges, declined 21% on a year-over-year basis. On an annualized basis, Q3 2023 SG&A would total $13.6 million as compared to the $17.9 million in the 2022 fiscal year, representing $4.2 million in run-rate cost savings.
The Company's Adjusted EBITDA1 declined 11% on a year-over-year basis, but increased as a percentage of revenue to 3.6% from 3.0% in Q2 2023, reflecting the higher rate of expense reduction compared to revenue decline. Compared to Q2 2023, Adjusted EBITDA1 improved almost fifteen-fold, demonstrating strong operating leverage as improved revenue and gross profit contribution were combined with the Company's efforts to adjust its cost structures, as outlined above.
The Company incurred a net loss of $3.2 million in Q3 2023 compared to a net loss of $2.1 million in Q3 2022. Excluding changes in non-cash expenses such as share-based compensation, depreciation and amortization, and foreign exchange, an increase in financing costs was the primary reason for the year-over-year increase in net loss.
Cash Flow & Balance Sheet Overview
Cash used by operating activities for YTD 2023 was $1.4 million compared to $0.5 million generated by operating activities for YTD 2022. The Company generated positive cash flow from its operations YTD 2023 excluding financing costs, which increased 55% YTD 2023. The Company generated $3.0 million in net cash from financing activities for YTD 2023 and used $2.3 million in investing activities for YTD 2023.
Cash balance as at September 30, 2023 was $11.1 million, compared to $11.9 million as at December 31, 2022 and $13.2 million as at June 30, 2023. As at September 30, 2023, net working capital was $6.9 million compared to $10.0 million as at December 31, 2022.
The Company remains committed to exploring options that will enhance its ability to execute on strategic growth over the long term. This includes a focus on ways to restructure and renegotiate its debt obligations to reduce leverage and cash interest payments.
As at September 30, 2023, the Company's total asset to liability ratio was 1.17 compared to 1.22 as at December 31, 2022.
The Company's Q3 2023 financial statements and Management's Discussion and Analysis are available on SEDAR at sedar.com and on the Company's investor website at investor.goodnaturedproducts.com.
Q3 2023 Results Conference Call
The Company will hold a conference call to discuss its financial results for Q3 2023, hosted by Paul Antoniadis, Executive Chair & CEO, and Kerry Biggs, Chief Financial Officer, on November 28, 2023 at 11:00 AM Eastern / 8:00 AM Pacific time.
Date: November 28, 2023
Time: 11:00 AM ET / 8:00 AM PT
Toll-Free: 1-888-886-7786 International: +1-416-764-8658
Conference ID: 22010070
Participants are asked to dial in 10 minutes prior to the start of the call.
A replay of the call will be available approximately two hours after its completion through to December 12, 2023. The replay will be available by dialing 1-877-674-7070 or +1-416-764-8692 and by using the passcode 010070.
The good natured corporate profile can be found at: investor.goodnaturedproducts.com
About good natured Products Inc.
good natured is passionately pursuing its goal of becoming North America's leading earth-friendly product company by offering the broadest assortment of plant-based products made from rapidly renewable resources instead of fossil fuels. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern.
good natured offers over 400 products and services through wholesale, direct to business, and retail channels. From plant-based home organization products to certified compostable food containers, bio-based industrial supplies and medical packaging, the Company is focused on making plant-based products more readily accessible to people as a means to create meaningful environmental and social impact.
For more information: goodnaturedproducts.com
On behalf of the Company:
Paul Antoniadis - Executive Chair & CEO
Contact: 1-604-566-8466
Investor Contact:
Spencer Churchill
Investor Relations
1-877-286-0617 ext. 113
invest@goodnaturedproducts.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibilities for the adequacy or accuracy of this release.
Non-GAAP Financial Measures
We have included in this press release a discussion of the Company's variable gross profit, variable gross margin, SG&A excluding acquisition activity and one-time charges, and adjusted EBITDA all non-GAAP measures, for Q2 2023, Q3 2023, YTD 2023, Q3 2022 and YTD 2022 to provide, what management believes, is a meaningful comparison of the Company's performance in Q3 2023 and YTD 2023. These non-GAAP measures do not have standardized meanings, and therefore may not be comparable to similar measures presented by other issuers. Variable gross profit, variable gross margin, SG&A excluding acquisition activity and one-time charges, and adjusted EBITDA are more fully defined and discussed in the Company's Q3 2023 Management's Discussion and Analysis under the heading "non-IFRS financial measures", which is available on the Company's SEDAR profile at and on the Company's investor website at investor.goodnaturedproducts.com.
The following table provides a reconciliation of net loss to adjusted EBITDA for the periods ended:
| 3 mon. ended Sep 30 | | | | 9 mon. ended Sep 30 | | |
|
| | 2023
| | | 2022
| | | +/-
| | | 2023
| | | 2022
| | | +/-
|
|
Net loss for the period | $ | (3,240 | ) | $ | (2,066 | ) |
| 57% |
| $ | (9,343 | ) | $ | (6,670 | ) |
| 40% |
|
Share-based compensation |
| 675 |
|
| 381 |
|
| 77% |
|
| 1,472 |
|
| 1,556 |
|
| -5% |
|
Depreciation |
| 503 |
|
| 465 |
|
| 8% |
|
| 1,743 |
|
| 1,436 |
|
| 21% |
|
Depreciation in COGS & SG&A |
| 524 |
|
| 461 |
|
| 14% |
|
| 1,586 |
|
| 1,220 |
|
| 30% |
|
Financing costs |
| 2,121 |
|
| 1,394 |
|
| 52% |
|
| 5,716 |
|
| 3,687 |
|
| 55% |
|
Foreign exchange loss (gain) |
| 169 |
|
| (611 | ) |
| -128% |
|
| 21 |
|
| 152 |
|
| -86% |
|
Gain on WINN Loan |
| - |
|
| - |
|
| -% |
|
| (42 | ) |
| (15 | ) |
| 180% |
|
Loss on financing |
| - |
|
| 445 |
|
| -100% |
|
| - |
|
| 449 |
|
| -100% |
|
Acquisition related expenses & one-time charges |
| 76 |
|
| 377 |
|
| -80% |
|
| 645 |
|
| 1,301 |
|
| -50% |
|
Deferred income taxes recovery |
| (125 | ) |
| (54 | ) |
| 131% |
|
| (375 | ) |
| (162 | ) |
| 131% | |
Adjusted EBITDA1 |
| 703 |
|
| 792 |
|
| -11% |
|
| 1,423 |
|
| 2,954 |
|
| -52% | |
The following table provides a reconciliation of variable gross profit to gross profit and variable gross margin to gross margin for the periods ended:
|
| 3 mon. ended Sep 30 |
|
| |
|
| 9 mon. ended Sep 30 |
|
| | |
|
| 2023 |
|
| 2022 |
|
| +/- |
|
| 2023 |
|
| 2022 |
|
| +/- | |
Revenue | $ | 19,397 |
| $ | 26,178 |
|
| -26% |
| $ | 57,994 |
| $ | 77,660 |
|
| -25% |
|
Variable cost of product |
| 12,303 |
|
| 17,287 |
|
| -29% |
|
| 36,607 |
|
| 52,092 |
|
| -30% | |
Variable Gross Profit1 |
| 7,094 |
|
| 8,891 |
|
| -20% |
|
| 21,387 |
|
| 25,568 |
|
| -16% | |
Variable Gross Margin %1 |
| 36.6% |
|
| 34.0% |
|
| |
|
| 36.9% |
|
| 32.9% |
|
| |
|
Fixed factory overhead |
| 1,911 |
|
| 1,759 |
|
| 9% |
|
| 5,937 |
|
| 5,054 |
|
| 17% | |
Gross profit |
| 5,183 |
|
| 7,132 |
|
| -27% |
|
| 15,450 |
|
| 20,514 |
|
| -25% | |
Gross margin % |
| 26.7% |
|
| 27.2% |
|
| |
|
| 26.6% |
|
| 26.4% |
|
| |
|
The following table provides a reconciliation of selling, general and administrative expense excluding acquisition activity and one-time charges:
|
| 3 mon. ended Sep 30 |
|
|
|
|
| 9 mon. ended Sep 30 |
|
|
| |
|
| 2023 |
|
| 2022 |
|
| +/- |
|
| 2023 |
|
| 2022 |
|
| +/- | |
SG&A Wages | $ | 2,190 |
| $ | 2,630 |
|
| -17% |
| $ | 6,805 |
| $ | 7,020 |
|
| -3% |
|
SG&A Other |
| 994 |
|
| 1,405 |
|
| -29% |
|
| 3,063 |
|
| 4,109 |
|
| -25% |
|
Product Development expense |
| 151 |
|
| 171 |
|
| -12% |
|
| 459 |
|
| 559 |
|
| -18% |
|
Acquisition related expenses & one-time charges1 |
| 76 |
|
| 377 |
|
| -80% |
|
| 645 |
|
| 1,301 |
|
| -50% | |
SG&A |
| 3,411 |
|
| 4,583 |
|
| -26% |
|
| 10,972 |
|
| 12,989 |
|
| -16% | |
SG&A % of Revenue |
| 17.6% |
|
| 17.5% |
|
| |
|
| 18.9% |
|
| 16.7% |
|
| | |
SG&A Excluding Acquisition Activity & One-Time Charges1 |
| 3,335 |
|
| 4,206 |
|
| -21% |
|
| 10,327 |
|
| 11,688 |
|
| -12% | |
SG&A % of Revenue Excluding Acquisition Activity & One-Time Charges1 |
| 17.2% |
|
| 16.1% |
|
| |
|
| 17.8% |
|
| 15.1% |
|
| | |
SG&A Wages % of Revenues |
| 11.3% |
|
| 10.0% |
|
| |
|
| 11.7% |
|
| 9.0% |
|
| | |
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking information within the meaning of securities laws including statements related to Company plans and focuses for 2023, the upcoming results conference call and management's outlook for 2023 and 2024.
By their nature, forward-looking statements involve known and unknown risks, uncertainties, changes in circumstances and other factors that are difficult to predict and many of which are outside of the Company's control which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Forward-looking information contained in this news release is based on our current estimates, expectations and projections regarding, among other things, future plans and strategies, projections, future market and operating conditions, supply conditions, end customer demand conditions, anticipated events and trends, general market conditions, the economy, financial conditions, sales volume and pricing, expenses and costs, and other future conditions which we believe are reasonable as of the current date. Important factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements include, but are not limited to: future capital needs and uncertainty of additional financing, risks relating to general economic, market and business conditions and unforeseen delays in the realization of the Company's plans, risks related to the loss of key manufacturing equipment, capability or facilities, the performance of plant-based materials and the ability of the Company's products and packaging to meet significant technical requirements, changes in raw material supply and costs, labour availability and labour costs, fluctuations in operating results, and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company's filings at . The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date.
If relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to herein will not cause such forward-looking statements and information to differ materially from actual results or events. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
Other than as required under securities laws, we do not undertake to update this information at any particular time.
All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
1 A non-GAAP financing measure. Please refer to the "Non-GAAP Financial Measures" below for an explanation of these measures and reconciliation to the Company's financial results reported in accordance with GAAP.
2 A non-GAAP financing measure. Please refer to the "Non-GAAP Financial Measures" below for an explanation of these measures and reconciliation to the Company's financial results reported in accordance with GAAP.
To view the source version of this press release, please visit
不列颠哥伦比亚省温哥华--(Newsfile Corp.,2023 年 11 月 28 日)-good nature Products Inc.(TSXV:GDNP)(OTCQX:GDNPF)(“公司” 或”善良的性情“)是北美植物基产品的领导者,今天公布了截至2023年9月30日的三个月(“2023年第三季度”)的财务业绩。
2023 年第三季度亮点
- 收入为1,940万美元,而截至2022年9月30日的三个月(“2022年第三季度”)为2620万美元,截至2023年6月30日的三个月(“2023年第二季度”)为1,830万美元。
- 调整后 EBITDA1 为70万美元,而2022年第三季度为80万美元,2023年第二季度为10万美元。
- 可变毛利率1 为37%,而2022年第三季度为34%,2023年第二季度为37%。
- 销售和收购费用为340万美元,而2022年第三季度为460万美元,2023年第二季度为370万美元。
- 截至2023年9月30日的九个月(“2023年年初至今”)中,用于经营活动的现金为140万美元,而截至2022年9月30日的九个月(“2022年年初至今”),则为50万美元。
- 期末现金余额为1,110万美元,而截至2022年12月31日的期末现金余额为1190万美元。
与公司预期其工业业务组将缓慢正常化以及包装收入呈现积极势头的前景一致,2023年第三季度的收入与2023年第二季度相比有所增加。该公司的包装业务集团继续保持增长轨迹,尽管随着2022年7月FormTex收购周年纪念日的临近,全国包装板块的平均销售价格也有所调整,同比比较并不明显。与2023年第二季度相比,工业业务集团的收入下降在2023年第三季度有所放缓,随着包装业务集团收入的增加,该公司继续预计,其更多的工业产能将用于自己的制造设施。
该公司首席执行官保罗·安东尼亚迪斯表示:“我为我们的团队坚定不移地致力于使本季度的收入与2023年第二季度相比有所增加,同时也应对了充满挑战的经济形势,这让我感到非常自豪。” 善良的性情。“在过去的一年中,我们在审查和优化销售和收购和其他成本方面的努力已开始取得成果,本季度息税折旧摊销前利润的反弹就证明了这一点。我们对包装业务组持续增长的前景仍然乐观,一系列机遇将带领我们进入明年。”
2023 年第三季度财务概览
2023年第三季度的收入下降了26%,至1,940万美元,而2022年第三季度的收入为2620万美元。在有机增长的推动下,包装业务集团实现了4%的收入同比增长,但如上所述,比较也反映了FormTex第一个完整季度的贡献以及一些平均销售价格的调整。与2022年第三季度相比,工业业务集团的收入下降了46%,与2023年第二季度相比下降了9%。
可变毛利率2 2023年第三季度增至36.6%,而2022年第三季度为34.0%。可变毛利率的增加反映了包装业务组收入的增加以及产品可变成本生产率的提高。2023年第三季度的毛利率为26.7%,而2022年第三季度的毛利率为27.2%。
销售、一般和管理费用 (”SG&A“) 与2022年第三季度相比,2023年第三季度下降了26%。销售和收购费用的减少反映了公司在过去12个月中通过裁员、重新谈判公司服务提供商和供应商之间的条款以及旨在降低成本和/或提高生产率的流程改进来持续努力降低成本。2023 年第三季度 SG&A(不包括收购活动和一次性费用)同比下降21%。按年计算,2023年第三季度的销售和收购总额为1,360万美元,而2022财年的销售和收购总额为1,790万美元,这意味着可节省420万美元的运行成本。
公司调整后的息税折旧摊销前利润1 同比下降11%,但占收入的百分比从2023年第二季度的3.0%上升至3.6%,这反映了支出减少率高于收入下降率。与2023年第二季度相比,调整后的息税折旧摊销前利润1 增长了近十五倍,如上所述,收入和毛利贡献的提高加上公司调整成本结构的努力,显示出强劲的运营杠杆作用。
该公司在2023年第三季度净亏损320万美元,而2022年第三季度的净亏损为210万美元。不包括股票薪酬、折旧和摊销以及外汇等非现金支出的变化,融资成本的增加是净亏损同比增加的主要原因。
现金流和资产负债表概述
2023年年初至今,经营活动使用的现金为140万美元,而2022年年初至今的经营活动产生的现金为50万美元。该公司在2023年年初至今的运营中产生了正现金流,其中不包括融资成本,该成本在2023年年初至今增长了55%。该公司通过2023年年初至今的融资活动产生了300万美元的净现金,并在2023年年初至今的投资活动中使用了230万美元。
截至2023年9月30日,现金余额为1,110万美元,而截至2022年12月31日为1190万美元,截至2023年6月30日为1,320万美元。截至2023年9月30日,净营运资金为690万美元,而截至2022年12月31日为1,000万美元。
公司仍然致力于探索各种选择,以增强其长期执行战略增长的能力。这包括重点研究如何重组和重新谈判其债务以降低杠杆率和现金利息支付。
截至2023年9月30日,该公司的总资产负债比率为1.17,而截至2022年12月31日为1.22。
公司2023年第三季度财务报表和管理层的讨论与分析可在SEDAR上查阅,网址为sedar.com,也可在公司的投资者网站investor.goodnaturedproducts.com上查阅。
2023 年第三季度业绩电话会议
公司将于美国东部时间2023年11月28日上午11点/太平洋时间上午8点举行电话会议,讨论其2023年第三季度的财务业绩,由执行董事长兼首席执行官保罗·安东尼亚迪斯和首席财务官凯里·比格斯主持。
日期:2023 年 11 月 28 日
时间:美国东部时间上午 11:00 /太平洋时间上午 8:00
免费电话:1-888-886-7786 国际电话:+1-416-764-8658
会议编号:22010070
要求参与者在通话开始前 10 分钟拨号。
电话会议结束后约两小时将重播,直至2023年12月12日。拨打 1-877-674-7070 或 +1-416-764-8692 并使用密码 010070 即可获得重播。
这个 善良的性情 公司简介可以在以下网址找到:investor.goodnaturedproduc
关于 good natured Product
善良的性情 通过提供由快速可再生资源而不是化石燃料制成的种类最广泛的植物基产品,正热衷于实现其成为北美领先的地球友好型产品公司的目标。该公司致力于让企业主和消费者能够轻松而负担得起地从石油转向石油 更好的日常用品 它们使用更多的可再生材料,更少的化石燃料,并且不使用任何令人担忧的化学物质。
善良的性情 通过批发、直销和零售渠道提供 400 多种产品和服务。从植物基家居用品到经过认证的可堆肥食品容器、生物基工业用品和医疗包装,该公司致力于让人们更容易获得植物基产品,以此作为创造有意义的环境和社会影响的一种手段。
欲了解更多信息: goodnaturedprod
代表公司:
保罗·安东尼奥迪斯——执行主席兼首席执行官
联系人:1-604-566-8466
投资者联系人:
斯宾塞·丘吉尔
投资者关系
1-877-286-0617 分机 113
invest@goodnaturedproducts.com
多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所风险交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
非公认会计准则财务指标
我们在本新闻稿中讨论了公司2023年第二季度、2023年第三季度、2023年第三季度和2022年年初至今的可变毛利、可变毛利率、销售和收购(不包括收购活动和一次性费用),以及调整后的息税折旧摊销前利润(所有非公认会计准则指标),以提供对公司2023年第三季度和2023年年初至今的业绩的有意义的比较。这些非公认会计准则指标没有标准化的含义,因此可能无法与其他发行人提出的类似指标相提并论。可变毛利、可变毛利率、不包括收购活动和一次性费用的销售和收购以及调整后的息税折旧摊销前利润将在公司2023年第三季度管理层的讨论与分析 “非国际财务报告准则财务指标” 标题下进行了更全面的定义和讨论,该讨论与分析可在公司的SEDAR简介中查阅 以及在该公司的投资者网站investor.goodnaturedproducts.com上。
下表显示了截至期间的净亏损与调整后的息税折旧摊销前利润的对账情况:
| 3 个月。9 月 30 日结束 | | | | 9 月 30 日结束 | | |
|
| | 2023
| | | 2022
| | | +/-
| | | 2023
| | | 2022
| | | +/-
|
|
该期间的净亏损 | $ | (3,240 | ) | $ | (2,066) | ) |
| 57% |
| $ | (9,343) | ) | $ | (6,670) | ) |
| 40% |
|
基于股份的薪酬 |
| 675 |
|
| 381 |
|
| 77% |
|
| 1,472 |
|
| 1,556 |
|
| -5% |
|
折旧 |
| 503 |
|
| 465 |
|
| 8% |
|
| 1,743 |
|
| 1,436 |
|
| 21% |
|
COGS 和 SG&A 的折旧 |
| 524 |
|
| 461 |
|
| 14% |
|
| 1,586 |
|
| 1,220 |
|
| 30% |
|
融资成本 |
| 2,121 |
|
| 1,394 |
|
| 52% |
|
| 5,716 |
|
| 3,687 |
|
| 55% |
|
外汇损失(收益) |
| 169 |
|
| (611) | ) |
| -128% |
|
| 21 |
|
| 152 |
|
| -86% |
|
WINN 贷款的收益 |
| - |
|
| - |
|
| -% |
|
| (42) | ) |
| (15) | ) |
| 180% |
|
融资损失 |
| - |
|
| 445 |
|
| -100% |
|
| - |
|
| 449 |
|
| -100% |
|
收购相关费用和一次性费用 |
| 76 |
|
| 377 |
|
| -80% |
|
| 645 |
|
| 1,301 |
|
| -50% |
|
递延所得税回收 |
| (125) | ) |
| (54) | ) |
| 131% |
|
| (375 | ) |
| (162) | ) |
| 131% | |
调整后 EBITDA1 |
| 703 |
|
| 792 |
|
| -11% |
|
| 1,423 |
|
| 2,954 |
|
| -52% | |
下表提供了截至期内可变毛利润与毛利以及可变毛利率与毛利率的对账情况:
|
| 3 个月。9 月 30 日结束 |
|
| |
|
| 9 月 30 日结束 |
|
| | |
|
| 2023 |
|
| 2022 |
|
| +/- |
|
| 2023 |
|
| 2022 |
|
| +/- | |
收入 | $ | 19,397 |
| $ | 26,178 |
|
| -26% |
| $ | 57,994 |
| $ | 77,660 |
|
| -25% |
|
产品的可变成本 |
| 12,303 |
|
| 17,287 |
|
| -29% |
|
| 36,607 |
|
| 52,092 |
|
| -30% | |
可变毛利1 |
| 7,094 |
|
| 8,891 |
|
| -20% |
|
| 21,387 |
|
| 25,568 |
|
| -16% | |
可变毛利率%1 |
| 36.6% |
|
| 34.0% |
|
| |
|
| 36.9% |
|
| 32.9% |
|
| |
|
固定工厂开销 |
| 1,911 |
|
| 1,759 |
|
| 9% |
|
| 5,937 |
|
| 5,054 |
|
| 17% | |
毛利 |
| 5,183 |
|
| 7,132 |
|
| -27% |
|
| 15,450 |
|
| 20,514 |
|
| -25% | |
毛利率% |
| 26.7% |
|
| 27.2% |
|
| |
|
| 26.6% |
|
| 26.4% |
|
| |
|
下表列出了不包括收购活动和一次性费用的销售、一般和管理费用的对账情况:
|
| 3 个月。9 月 30 日结束 |
|
|
|
|
| 9 月 30 日结束 |
|
|
| |
|
| 2023 |
|
| 2022 |
|
| +/- |
|
| 2023 |
|
| 2022 |
|
| +/- | |
SG&A 工资 | $ | 2,190 |
| $ | 2,630 |
|
| -17% |
| $ | 6,805 |
| $ | 7,020 |
|
| -3% |
|
SG&A 其他 |
| 994 |
|
| 1,405 |
|
| -29% |
|
| 3,063 |
|
| 4,109 |
|
| -25% |
|
产品开发费用 |
| 151 |
|
| 171 |
|
| -12% |
|
| 459 |
|
| 559 |
|
| -18% |
|
收购相关费用和一次性费用1 |
| 76 |
|
| 377 |
|
| -80% |
|
| 645 |
|
| 1,301 |
|
| -50% | |
SG&A |
| 3,411 |
|
| 4,583 |
|
| -26% |
|
| 10,972 |
|
| 12,989 |
|
| -16% | |
SG&A 占收入的百分比 |
| 17.6% |
|
| 17.5% |
|
| |
|
| 18.9% |
|
| 16.7% |
|
| | |
SG&A 不包括收购活动和一次性费用1 |
| 3,335 |
|
| 4,206 |
|
| -21% |
|
| 10,327 |
|
| 11,688 |
|
| -12% | |
SG&A 占收入的百分比,不包括收购活动和一次性费用1 |
| 17.2% |
|
| 16.1% |
|
| |
|
| 17.8% |
|
| 15.1% |
|
| | |
SG&A 工资占收入的百分比 |
| 11.3% |
|
| 10.0% |
|
| |
|
| 11.7% |
|
| 9.0% |
|
| | |
关于前瞻性信息的警示声明
本新闻稿包含证券法所指的前瞻性信息,包括与公司2023年计划和重点、即将举行的业绩电话会议以及管理层对2023年和2024年的展望相关的声明。
就其性质而言,前瞻性陈述涉及已知和未知的风险、不确定性、情况变化和其他难以预测的因素,其中许多因素超出了公司的控制范围,可能导致我们的实际业绩、业绩或成就或其他未来事件与此类前瞻性陈述所表达或暗示的任何未来业绩、业绩或成就存在重大差异。
本新闻稿中包含的前瞻性信息基于我们目前对未来计划和战略、预测、未来市场和运营状况、供应状况、最终客户需求状况、预期事件和趋势、总体市场状况、经济、财务状况、销量和定价、费用和成本以及我们认为截至当前日期合理的其他未来状况的估计、预期和预测。可能导致实际业绩和财务状况与前瞻性陈述中指出的存在重大差异的重要因素包括但不限于:未来的资本需求和额外融资的不确定性,与总体经济、市场和商业状况相关的风险以及公司计划实现的不可预见的延迟,与关键制造设备、能力或设施的损失、植物基材料的性能以及公司产品和包装的满足能力相关的风险重大技术要求、原材料供应和成本的变化、劳动力可用性和劳动力成本、经营业绩的波动以及其他相关风险,详见公司年度信息表和公司在文件中披露的其他文件。读者不应过分重视前瞻性信息,也不应在任何其他日期依赖这些信息。
如果依靠公司的前瞻性陈述和信息来做出决策,投资者和其他人应仔细考虑上述因素以及其他不确定性和潜在事件。公司假设此处提及的重大因素不会导致此类前瞻性陈述和信息与实际业绩或事件存在重大差异。但是,无法保证此类假设会反映这些项目或因素的实际结果。
除证券法要求外,我们不承诺在任何特定时间更新这些信息。
本警示声明对本新闻稿中包含的所有前瞻性信息进行了明确的全面限定。
1 一项非公认会计准则融资措施。有关这些指标的解释以及与根据公认会计原则报告的公司财务业绩的对账情况,请参阅下文 “非公认会计准则财务指标”。
2 一项非公认会计准则融资措施。有关这些指标的解释以及与根据公认会计原则报告的公司财务业绩的对账情况,请参阅下文 “非公认会计准则财务指标”。
要查看本新闻稿的源版本,请访问