Major Drilling Group International Inc. (MJDLF) Q2 2024 Earnings Call Transcript Summary
Major Drilling Group International Inc. (MJDLF) Q2 2024 Earnings Call Transcript Summary
The following is a summary of the Major Drilling Group International Inc. (MJDLF) Q2 2024 Earnings Call Transcript:
以下是美国主要钻探集团国际公司（MJDLF）2024年第二季度财报电话会议记录摘要：
Financial
金融
Highest revenue in a decade, Q2 revenue of $207 million, up 3% YoY.
Steady gross margin at 31% YoY.
Improvement in foreign exchange loss by $200,000 YoY.
Slight increase in EBITDA to $43.6 million.
Major capital expenditure of $17.4 million, yet net cash up by $23.4 million.
Spent $7.3 million on share buyback, cancelling over 875,000 shares.
十年来收入最高，第二季度收入为2.07亿美元，同比增长3％。
毛利率稳定，同比增长31％。
外汇亏损同比减少20万美元。
息税折旧摊销前利润略有增加至4,360万美元。
主要资本支出为1,740万美元，但净现金增加了2340万美元。
花费730万美元进行股票回购，取消了超过87.5万股股票。
Business
商业
Increased revenue from copper and lithium, 30% of operations; gold dominates at 40%.
South American operations generating higher revenue than North American.
Rising global demand driving copper investment emphasis.
Added six new drill rigs; decommissioned five, maintaining industry dominance.
Anticipating a busy fiscal year 2024, high capital expenditure budget of $80 million.
Implemented financial risk protection in Argentina.
铜和锂收入增加，占业务的30％；黄金占主导地位，占40％。
南美业务产生的收入高于北美业务。
全球需求的上升推动了对铜的投资重视。
增加了六台新的钻机；退役了五台，保持了行业主导地位。
预计2024财年将非常繁忙，资本支出预算高达8000万美元。
在阿根廷实施金融风险保护。
Financial Performance:
财务业绩：
Major Drilling achieved its highest revenue in over a decade, reporting Q2 revenue of $207 million, a 3% increase YoY.
Gross margins remained steady at 31% year-over-year.
A foreign exchange loss of $900,000 was noted, an improvement from the loss of $1.1 million in the same period last year.
EBITDA slightly increased to $43.6 million compared to last year's $43 million.
Major capital expenditures of $17.4 million were made. Despite this, the company increased its net cash position by $23.4 million, ending the quarter with a total of $84.2 million.
The company repurchased and cancelled over 875,000 shares, spending $7.3 million on its share buyback program.
Major Drilling实现了十多年来的最高收入，第二季度收入为2.07亿美元，同比增长3％。
毛利率同比稳定在31％。
外汇亏损为90万美元，比去年同期的110万美元有所改善。
与去年的4,300万美元相比，息税折旧摊销前利润略有增加至4,360万美元。
主要资本支出为1,740万美元。尽管如此，该公司的净现金状况还是增加了2340万美元，到本季度末总额为8,420万美元。
该公司回购并取消了超过87.5万股股票，在其股票回购计划上花费了730万美元。
Business Progress:
业务进展：
Revenue from copper and lithium increased by 40% YoY, representing over 30% of the company's operations, while gold still accounts for 40% of revenue.
Refined operations in South America witnessed higher generation of revenue than the North American segment.
The ongoing demand for most mineral commodities is expected to remain strong, feeding into the company's revenue.
Emphasis on copper investment is anticipated due to increasing global demand for electrification.
The company added six new drill rigs to its fleet, whilst decommissioning five older ones, maintaining its position as the operator and employer of choice in the industry.
Major Drilling anticipates a busy fiscal year in 2024 and has set a higher capital expenditure budget of $80 million, showing readiness to benefit from a potential upturn in mining.
The company has implemented hedging in Argentina to protect itself from financial risks, indicating sound business management.
铜和锂收入同比增长40％，占公司业务的30％以上，而黄金仍占收入的40％。
南美的精炼业务创造的收入高于北美细分市场。
预计对大多数矿产商品的持续需求将保持强劲，从而增加公司的收入。
由于全球对电气化的需求增加，预计铜投资将受到重视。
该公司在其机队中增加了六台新的钻机，同时退役了五台旧钻机，从而保持了其作为业内首选运营商和雇主的地位。
Major Drilling预计，2024财年将很繁忙，并将资本支出预算提高到8000万美元，这表明愿意从矿业的潜在回升中受益。
该公司已在阿根廷实施套期保值以保护自己免受金融风险的影响，这表明业务管理良好。
More detailed: MAJOR DRILLING GROUP INTL INC IR
更详细： 大型钻探集团 INTL INC IR
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