Earnings Call Summary | Lightinthebox(LITB.US) Q4 2023 Earnings Conference
Earnings Call Summary | Lightinthebox(LITB.US) Q4 2023 Earnings Conference
The following is a summary of the LightInTheBox Holding Co., Ltd. (LITB) Q4 2023 Earnings Call Transcript:
以下是LightinTheBox控股有限公司(LITB)2023年第四季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
LightInTheBox reported full year 2023 revenue of $629 million, up 25% year-over-year, with adjusted EBITDA loss narrowing by 34% year-over-year to $6.3 million.
The company's Q4 2023 revenues decreased by 13% year-over-year to $136 million due to a decrease in apparel sales.
The net loss for the year narrowed down to $9.6 million from $56.6 million in 2022, and Q4 2023 net loss was reported to be $4.3 million.
Q4 2023 saw a gross margin increase to 56%, up from 54% of the previous year, and operating expenses saw a decrease by 10% to $80 million.
LightInTheBox报告称,2023年全年收入为6.29亿美元,同比增长25%,调整后的息税折旧摊销前利润亏损同比缩小34%,至630万美元。
由于服装销售下降,该公司2023年第四季度的收入同比下降13%,至1.36亿美元。
该年度的净亏损从2022年的5,660万美元缩小至960万美元,据报道,2023年第四季度的净亏损为430万美元。
2023年第四季度的毛利率从上年的54%增长到56%,运营支出下降了10%,至8000万美元。
Business Progress:
业务进展:
Focusing on apparel significantly contributed to LightInTheBox's sales, factoring in over 80% of its total revenues.
The company plans to enhance customer experience and localize operations in key markets such as the USA.
There is also a strategic plan to increase brand visibility and awareness to gain more standing among customers and improve the brand's overall competitiveness.
考虑到其总收入的80%以上,专注于服装为LightinTheBox的销售做出了重大贡献。
该公司计划增强客户体验并实现美国等关键市场的本地化运营。
还有一项战略计划,旨在提高品牌知名度和知名度,以在客户中获得更多的地位并提高品牌的整体竞争力。
More details: Lightinthebox IR
更多详情: LightintheBox IR
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