Earnings Call Summary | Soho House(SHCO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Soho House(SHCO.US) Q1 2024 Earnings Conference
The following is a summary of the Soho House & Co Inc. (SHCO) Q1 2024 Earnings Call Transcript:
以下是Soho House & Co.（SHCO）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Soho House & Co reported Q1 2024 revenues of $263 million, a 3% year-on-year growth mainly due to a 20% yearly increase in membership revenues.
Adjusted EBITDA reached $19.3 million, exceeding market predictions.
Despite a dip in cash balance to $145 million due to higher Capital Expenditure, the company maintained its cash-positive status.
Soho House & Co报告称，2024年第一季度收入为2.63亿美元，同比增长3％，这主要是由于会员收入每年增长20％。
调整后的息税折旧摊销前利润达到1,930万美元，超过了市场预期。
尽管由于资本支出增加，现金余额下降至1.45亿美元，但该公司仍保持现金正状态。
Business Progress:
业务进展：
A 17% year-on-year increase in total members to 198,000, backed by a 10% growth in Soho House & Co membership.
The waitlist grew by 15% over the year, now at over 100,000 potential members.
Introduction of personalized event recommendations via its app and enhancement of member facilities are underway.
Expansion continuing with an upcoming house in Sao Paulo, following successful launches in Portland and Mexico City.
Despite cost inflation, notable progress was made in improving food and beverage margins and maintaining positive cash flow from operating activities.
会员总数同比增长17％，达到198,000人，这得益于Soho House & Co会员人数增长10％。
候补名单同比增长了15％，现在有超过100,000名潜在会员。
正在通过其应用程序引入个性化活动推荐，并增强会员设施。
继波特兰和墨西哥城成功推出之后，扩建工作仍在继续，即将在圣保罗建一座房屋。
尽管成本上涨，但在提高食品和饮料利润率以及保持经营活动产生的正现金流方面取得了显著进展。
More details: Soho House IR
更多详情： Soho House IR
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