Grown Rogue Reports Record Q1 Revenue, CEO Calls These Two States 'Primary Growth Drivers'
Grown Rogue Reports Record Q1 Revenue, CEO Calls These Two States 'Primary Growth Drivers'
Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF) reported its first-quarter 2024 results on Thursday for the three months ended March 31, 2024.
Grown Rogue International Inc.（CSE: GRIN）（场外交易代码：GRUSF）周四公布了截至2024年3月31日的三个月的2024年第一季度业绩。
The Oregon-based company reported record quarterly revenue of $6.7 million, compared to $6 million in the three months ended April 30, 2023, representing a year-over-year increase of 11%.
这家总部位于俄勒冈州的公司报告了创纪录的季度收入为670万美元，而截至2023年4月30日的三个月为600万美元，同比增长11％。
Grown Rogue noted the comparison period for 2023 is the three months ended April 30, 2023, due to the recent fiscal year-end change from Oct. 31 to Dec. 31.
Grown Rogue指出，由于最近的财年年终变化从10月31日到12月31日，2023年的比较期是截至2023年4月30日的三个月。
"This was another exciting quarter with record revenue and aEBITDA despite the year-ago comparison period including April instead of January; April is seasonally a stronger month for the industry," CEO Obie Strickler said. "In addition, we achieved record indoor revenue in Michigan and Oregon during the quarter and are thrilled that an increasing number of customers in competitive markets are choosing our products which means we are continuing to bring them value."
首席执行官奥比·斯特里克勒说：“尽管去年同期的比较期包括4月而不是1月，但这是又一个令人兴奋的季度，收入和息税折旧摊销前利润均创历史新高；4月是该行业的季节性强劲月份。”“此外，我们在本季度在密歇根州和俄勒冈州实现了创纪录的室内收入，在竞争激烈的市场中，越来越多的客户选择了我们的产品，这意味着我们将继续为他们带来价值，这让我们感到非常兴奋。”
Q1 2024 Financial Highlights
2024 年第一季度财务摘要
- Gross profit totaled $3.2 million, up from $2.6 million in the prior year's period.
- Total expenses amounted to $2.7 million, up from $1.8 million, in the first quarter of fiscal 2023.
- Net loss amounted to $4.2 million, compared to net income of $411,979 in the quarter ended April 30, 2023.
- Adjusted EBITDA came in positive at $2.4 million, compared to a positive adjusted EBITDA of $2.1 million in the prior year's period.
- Adjusted EBITDA margin was 36.9%, compared to 35.1% in the same quarter of last year.
- 毛利总额为320万美元，高于去年同期的260万美元。
- 总支出为270万美元，高于2023财年第一季度的180万美元。
- 净亏损为420万美元，而截至2023年4月30日的季度净收入为411,979美元。
- 调整后的息税折旧摊销前利润为正数，为240万美元，而去年同期调整后的息税折旧摊销前利润为210万美元。
- 调整后的息税折旧摊销前利润率为36.9％，而去年同期为35.1％。
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What's Next
下一步是什么
The company continues to augment its presence in New Jersey. Strickler reiterated the company's "primary growth drivers in 2024 and 2025 continue to be our expansion efforts in New Jersey and Illinois."
该公司继续扩大其在新泽西州的业务。斯特里克勒重申，该公司 “2024年和2025年的主要增长动力仍然是我们在新泽西州和伊利诺伊州的扩张努力。”
"The construction of New Jersey Phase I is substantially on time and on budget and we continue to expect sales to New Jerseyans in the back half of this year," he explained. "Grown Rogue recently obtained initial state licensing approval in New Jersey and will share additional information on that shortly."
他解释说：“新泽西州第一阶段的建设基本按时按预算进行，我们仍然预计今年下半年将向新泽西人销售。”“Grown Rogue最近在新泽西州获得了初步的州许可批准，并将很快分享这方面的更多信息。”
The company announced its debut in Illinois earlier this year via a partnership with EBC Ventures, establishing Rogue EBC LLC, a joint venture poised to reshape craft cannabis segment statewide.
该公司于今年早些时候宣布通过与EBC Ventures合作在伊利诺伊州首次亮相，成立了Rogue EBC LLC，这是一家合资企业，准备重塑全州的精制大麻细分市场。
"Illinois design and engineering is underway, and we are targeting sales starting in the second half of 2025," Strickler said.
斯特里克勒说：“伊利诺伊州的设计和工程正在进行中，我们的目标是从2025年下半年开始销售。”
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