Hour Loop Q3 EPS $(0.0004) Up From $0.01 YoY, Sales $29.15M Up From $17.56M YoY
Hour Loop Q3 EPS $(0.0004) Up From $0.01 YoY, Sales $29.15M Up From $17.56M YoY
Third Quarter 2023 Financial Results
2023 年第三季度財務業績
Net revenues in the third quarter of 2023 were $29.2 million, compared to $17.6 million in the year-ago period. The increase was primarily due to continued growth and maturity in our personnel and operating model, despite intense competition.
2023年第三季度的淨收入爲2920萬美元，而去年同期爲1760萬美元。增長的主要原因是儘管競爭激烈，但我們的人員和運營模式仍在持續增長和成熟。
Gross profit percentage decreased 5.8% to 50.7%, compared to 56.5%, of net revenues in the comparable period a year ago. The decrease was a function of increased market competition, and higher Amazon fees.
毛利百分比下降了5.8％，至50.7％，而去年同期淨收入爲56.5％。下降是市場競爭加劇和亞馬遜費用增加的結果。
Operating expenses percentage decreased 1.7% to 52.5%, compared to 54.2%, of net revenues in the year-ago period. The decrease reflected better management of shipping charges and labor costs.
運營費用佔淨收入的百分比下降了1.7％，至52.5％，而去年同期爲54.2％。下降反映了對運費和勞動力成本的更好管理。
Net loss in the third quarter of 2023 was $0.02 million, or $0.0004 per diluted share, compared to net income $0.15 million, or $0.01 per diluted share, in the comparable year-ago period. The decrease was driven by decreased gross margin as a result of the reasons mentioned above despite efforts made for expense management.
2023年第三季度的淨虧損爲02萬美元，攤薄每股虧損0.0004美元，而去年同期的淨收益爲15萬美元，攤薄每股虧損0.01美元。儘管在費用管理方面做出了努力，但毛利率下降是由於上述原因造成的。
As of September 30, 2023, the Company had $0.6 million in cash, compared to $4.6 million as of December 31, 2022. This decrease was driven by inventory purchases in view of the revenue potential for the upcoming holiday season.
截至2023年9月30日，該公司擁有60萬美元的現金，而截至2022年12月31日爲460萬美元。鑑於即將到來的假日季的收入潛力，庫存購買量推動了這一下降。
Inventories as of September 30, 2023, were $23.8 million, compared to $18.8 million as of December 31, 2022. The increase is due to the preparation of revenue potential for the upcoming holiday season.
截至2023年9月30日，庫存爲2380萬美元，而截至2022年12月31日爲1,880萬美元。增長是由於爲即將到來的假日季做好了收入潛力的準備。