Eastside Distilling, Inc. (EAST) Q3 2024 Earnings Call Transcript Summary
Eastside Distilling, Inc. (EAST) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Eastside Distilling, Inc. (EAST) Q3 2024 Earnings Call Transcript:
以下是东区蒸馏公司(东部)2024年第三季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Eastside Distilling reported Q3 sales of $783,000.
Spirits division generated $46,000 in positive EBITDA before corporate expenses.
Company raised $440,000 through a direct equity placement.
Eastside Distilling报告称,第三季度销售额为78.3万美元。
烈酒部门在扣除公司支出前的息税折旧摊销前利润为46,000美元。
公司通过直接股权配售筹集了44万美元。
Business Progress:
业务进展:
Successfully restructured the spirits business leading to positive EBITDA for the quarter.
Acquired Beeline Financial Holdings, Inc., a digital mortgage technology company.
Potentially selling Craft and focusing on reducing debt.
成功重组烈酒业务,使该季度的息税折旧摊销前利润为正。
收购了数字抵押贷款技术公司Beeline Financial Holdings, Inc.
可能出售Craft并专注于减少债务。
Opportunities:
机会:
With the acquisition of Beeline, Eastside has an opportunity to capitalize on the $1.5 trillion annual mortgage origination market in the U.S.
Lower interest rates and pent-up demand may favor growth in the mortgage sector.
通过收购Beeline,Eastside有机会利用美国每年1.5万亿美元的抵押贷款发放市场。
较低的利率和被压抑的需求可能有利于抵押贷款行业的增长。
Risks:
风险:
Azuñia brand continues to face challenges due to distribution issues.
Company faces substantial headwinds in the spirits market.
由于分销问题,Azua±IA品牌继续面临挑战。
公司在烈酒市场面临巨大阻力。
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