Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion
Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion
Curaleaf Holdings, Inc. (OTC:CURLF), a leading international cannabis company, reported its financial results for the first quarter of 2024. Curaleaf's CEO, Matt Darin, highlighted the company's focus on expanding its brand globally, leveraging significant market catalysts such as legislative changes in key regions like New York, Germany and several U.S. states.
领先的国际大麻公司Curaleaf Holdings, Inc.（场外交易代码：CURLF）公布了2024年第一季度的财务业绩。Curaleaf首席执行官马特·达林强调说，该公司专注于在全球范围内扩展其品牌，利用重要的市场催化剂，例如纽约、德国和美国几个州的立法变革。
Financial Performance
财务业绩
Curaleaf announced a first-quarter revenue of $339 million, reflecting a 2% increase year-over-year.
Curaleaf宣布第一季度收入为3.39亿美元，同比增长2％。
The adjusted gross margin rose to 48%, showcasing efficient cost management and operational improvements.
调整后的毛利率上升至48％，显示了有效的成本管理和运营改善。
The company's Adjusted EBITDA stood at $77 million, representing 23% of the revenue. This figure indicates a 40 basis point enhancement compared to the same period last year, illustrating subtle yet positive financial shifts.
该公司调整后的息税折旧摊销前利润为7700万美元，占收入的23％。该数字表明，与去年同期相比提高了40个基点，这表明了微妙而积极的财务变化。
Despite these gains, Curaleaf reported a significant net loss of $48.3 million, signaling ongoing investments and expansion costs that impact short-term profitability.
尽管取得了这些收益，但Curaleaf报告了4,830万美元的巨额净亏损，这表明持续的投资和扩张成本影响了短期盈利能力。
Strategic Developments
战略发展
The quarter saw the launch of innovative products such as Stir by Zero Proof, a fast-acting THC beverage in Illinois and Stiq, a new vape product in Arizona. An there was the acquisition of Northern Green Canada (NGC).
本季度推出了创新产品，例如伊利诺伊州的速效四氢大麻酚饮料Stir by Zero Proof和亚利桑那州的新型电子烟产品Stiq。还收购了加拿大北方绿色公司（NGC）。
The company ended the quarter with $105 million in cash as well as generating $46 million in operating cash flow and $33 million in free cash flow.
该公司在本季度末拥有1.05亿美元的现金，并产生了4600万美元的运营现金流和3,300万美元的自由现金流。
Global Expansion And Market Dynamics
全球扩张和市场动态
With the cannabis industry's landscape evolving, Curaleaf's transition from a multi-state operator (MSO) to a multi-country pperator (MCO) is timely. The company now operates in over 15 countries, with recent regulatory advancements likely to bolster its market position.
随着大麻行业格局的发展，Curaleaf从多州运营商（MSO）向多国运营商（MCO）的过渡是及时的。该公司目前在超过15个国家开展业务，最近的监管进展可能会巩固其市场地位。
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扫描大麻电子表格可能需要一些时间。要了解有关投资的更多信息，请不要错过参加将于10月8日至9日在芝加哥举行的第19届Benzinga大麻资本会议的机会。与高层管理人员、投资者、政策制定者和倡导者互动，探索该行业的未来。在价格上涨之前，立即通过以下方式保护您的门票 这个链接。
Photo: AI-Generated Image.
照片：人工智能生成的图像。