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RUM Reports Financial Results for the First Quarter Ended March 31, 2024

RUM Reports Financial Results for the First Quarter Ended March 31, 2024

RUM 公佈截至2024年3月31日的第一季度財務業績
Accesswire ·  05/23 14:45

EDMONTON, AB / ACCESSWIRE / May 23, 2024 / Rocky Mountain Liquor Inc. (TSX-V:RUM) (the "Company" or "Rocky Mountain"), listed on the TSX Venture Exchange (the "Exchange"), today reported its financial results for the first quarter ended March 31, 2024.

2024年5月23日,Rocky Mountain Liquor Inc. (TSX-V:RUM) (以下統稱“公司”或“Rocky Mountain”) 在 TSX創業板 (以下簡稱“交易所”) 上市,今天發佈了截止於2024年3月31日的第一季度財務報告。

KEY OPERATING AND FINANCIAL HIGHLIGHTS

主要經營和財務要點

3 months ended
March 2024 March 2023
Restated (1)
Sales
$ 8,445,394 $ 8,612,540
Gross margin (2)
$ 1,923,990 $ 1,914,191
Gross margin % (2)
22.8% 22.2%
Net comprehensive loss(3)
$ (365,581) $ (290,258)
EBITDAR (2)
$ 60,579 $ 295,899
截至3個月
2024年3月 2023年3月
已調整 (1)
銷售
$ 8,445,394 $ 8,612,540
毛利率 (2)
$ 1,923,990 $ 1,914,191
毛利率 % (2)
22.8% 22.2%
綜合收益淨虧損(3)
$ (365,581) $ (290,258)
EBITDAR (2)
$ 60,579 $ 295,899

The company experienced a decline in sales compared to the same period in 2023, primarily due to intensified competition in certain markets and a dip in consumer confidence regarding the economy in Alberta. Despite the sales decrease, the company saw an improvement in profit margins, which rose to 22.8% in the first quarter of 2024, up from 22.2% in the corresponding period of the previous year. This enhancement can be attributed to the strategic focus on marketing, pricing, and promotional initiatives. By implementing competitive pricing strategies and targeted promotions, the Company has successfully supported profitable growth during this period.

與2023年同期相比,公司的銷售額下降,主要原因是某些市場的競爭加劇以及阿爾伯塔省經濟方面消費者信心下降。儘管銷售額下降,公司的利潤率有所提高,2024年第一季度利潤率達22.8%,較去年同期的22.2%有所提高。這一提高歸功於公司戰略上專注於營銷、定價和促銷活動。通過實施競爭性定價策略和有針對性促銷活動,公司在此期間成功支持了盈利增長。

The financial report also indicated a higher net comprehensive loss and a lower EBITDAR for Q1 2024 compared to Q1 2023. This change is primarily due to increased operating and administrative expenses, which were partially offset by an income tax recovery. The increase in operating and administrative expenses can be attributed to higher salary expenses resulting from annual staff salary increments, and a rise in utility expenses due to higher-rate contracts signed in 2023. Moreover, there's an uptick in non-recurring office expenses associated with the implementation of the Company's new point-of-sale system, along with increased non-recurring professional expenses linked to shareholder agreements, previously disclosed in a Company press release on March 15, 2024.

財務報告還顯示,2024年第一季度的淨綜合虧損和 EBITDAR 比 2023 年同期有所增加。這一變化主要是由於運營和管理費用增加,部分抵消了所得稅的收回。運營和管理費用的增加可以歸咎於年度員工工資增長導致的較高薪資支出,以及因簽訂高價合同而導致的水電費用上漲。此外,還出現了由公司新的銷售點系統實施引起的非經常性辦公費用的上漲,以及與股東協議有關的增加的非經常性專業費用,這些於2024年3月15日公司新聞發佈中已經披露。

Looking forward, the Company remains committed to enhancing the in-store experience. Currently twelve locations have implemented a new point-of-sale system designed to streamline operations, empower our team, and elevate the overall customer experience. The remaining stores will be completed by the end of the third quarter. This innovative system is expected to provide significant improvements in efficiency and customer satisfaction.

展望未來,本公司致力於提升店內體驗。目前,已有12個門店實施了一種新的銷售點系統,旨在簡化作業流程,賦能我們的團隊,提高整體客戶體驗。其餘門店將在第三季度結束前完成。預計這一創新系統將顯著提高效率和客戶滿意度。

"Our initiatives are designed to strengthen our market position and ensure sustainable growth," said Peter Byrne, Acting CEO. "By focusing on competitive pricing, expanding our product offerings, and enhancing our customer experience, we are confident in our ability to navigate the challenges of the current market and continue to deliver value to our shareholders and customers."

公司代理 CEO Peter Byrne 表示: “我們的舉措旨在加強我們的市場地位,確保可持續發展。通過專注於競爭性定價、擴展產品供應和提升客戶體驗,我們有信心能夠應對當前市場的挑戰並繼續爲股東和客戶提供價值。”

SUBSEQUENT EVENT

隨後的事件

Subsequent to March 31, 2024, the Company closed one underperforming store.

2024年3月31日之後,該公司關閉了一家表現不佳的門店。

Detailed information in the form of the Company's unaudited interim consolidated financial statements and Management Discussion and Analysis are available under the Company's profile on SEDAR+ at and also on the Company's website at . After accessing the website, please choose the "Investor Relations" tab to view Quarterly Reports.

有關公司未經審計的中期合併財務報表和管理討論及分析的詳細信息,請訪問 SEDAR+ 網站上的公司簡介和公司網站上的投資者關係選項卡以查看季度報告。

About Rocky Mountain

關於Rocky Mountain

Rocky Mountain is a public company whose shares are traded on the TSX Venture Exchange (TSX-V:RUM). Rocky Mountain is the parent to a wholly owned subsidiary, Andersons Liquor Inc. headquartered in Edmonton, Alberta, which owns and operates 24 private liquor stores in that province.

Rocky Mountain是一家公開上市公司,其股票在TSX-V交易所(TSX-V:RUM)上交易。Rocky Mountain是其在艾伯塔省埃德蒙頓總部的全資子公司Andersons Liquor Inc.的母公司,Andersons Liquor Inc.在該省擁有和經營24傢俬人酒類商店。

Notes:

注:

  1. The Company previously presented under cost of sales the net amount of bottle deposit charges collected from customers and the bottle deposits paid to suppliers, The Company has determined that the correct presentation is to show the collections and payments on a gross basis in sales. For the 3 months ended March 31, 2024, refer to the "CONDENSED QUARTERLY INFORMATION' heading below in this report for reconciliation of previously reported sales to restated sales.
  2. The calculation of Gross margin and EBITDAR is described under the heading "Non-IFRS Measures" section below.
  3. 'Net Loss' was used in previous reports but changed to 'Net comprehensive loss' in this year's report to be consistent with the wording used throughout this report and in the Company's unaudited interim condensed consolidated financial statements.
  1. 公司以前在銷售成本中收集的瓶子存款淨額和向供應商支付的瓶子存款淨額下進行了報告。公司已經確定正確的做法是在銷售中以毛收入的形式顯示收集和支付。有關2024年3月31日三個月的條目,請參見本報告下方的“基本報表”標題,以重組以前報告的銷售額。
  2. 毛利率和EBITDAR的計算在下文“非IFRS措施”部分中描述。
  3. 在以前的報告中,“淨虧損”這個詞被使用,但在今年的報告中被改爲“淨全面虧損”,以與本報告和公司的未經審計的中期簡明合併財務報表中使用的措辭一致。

Non-IFRS Measures

公司在評估企業表現時使用以下非實物金融指標。這些術語沒有被國際財務報告準則規定的標準化含義,因此可能與其他公司計算類似指標的方式不可比。

EBITDAR is not a measure recognized by, and does not have a standardized meaning prescribed by IFRS Accounting Standards. Investors are cautioned that these measures should not replace net comprehensive income or loss (as determined in accordance with IFRS Accounting Standards) as an indicator of the Company's performance, of its cash flows from operating, investing and financing activities or as a measure of its liquidity and cash flows.

EBITDAR不是一個被IFRS會計準則認可並擁有標準化含義的指標。投資者應該注意,這些指標不應替代按照IFRS會計準則確定的淨全面收入或虧損,作爲公司業績、經營、投資和融資活動現金流量或流動性和現金流量的指標。

Furthermore, the Company's method of calculating these measures may differ from the methods used by other issuers. Therefore, the Company's calculation of these measures may not be comparable to similar measures presented by other issuers. The Company has these measures in place as they provide information to investors, analysts, and others to aid in understanding and evaluating the Company's operating results in a similar manner to its management team.

此外,本公司計算這些指標的方法可能與其他發行人使用的方法不同。因此,本公司計算的這些指標可能與其他發行人呈現的類似指標不可比。本公司制定這些指標是爲了向投資者、分析師和其他人提供信息,以幫助他們以類似管理團隊的方式理解和評估本公司的營運結果。

EBITDAR is defined as net comprehensive income of the Company and adding back the following: rent expense, interest expense, current and deferred income tax, depreciation, amortization, non-cash items such as share-based compensation expense and issue costs of securities, deferred taxes, write down of goodwill, right-of-use assets depreciation, finance costs on lease liabilities, gain/loss on disposal of stores and property and equipment, share-based compensation, store closure costs, and non-recurring extraordinary or one-time gains or losses from any capital asset sales. EBITDAR is a useful measure as it allows management to assess the operational performance of the Company separate from non-cash expenses, financing costs, and non-recurring items.

EBITDAR定義爲公司的淨全面收益,加上以下內容:租金支出、利息支出、應納稅款和遞延所得稅、折舊、攤銷、非現金項目,如股份補償支出和證券發行費用、遞延稅款、商譽減值、租賃資產折舊、租賃負債的融資成本、處置商店和固定資產的損益、股份補償、商店關閉成本和來自任何資本資產銷售的非例行、非一次性的額外收益或損失。EBITDAR是一項有用的衡量標準,因爲它使管理層能夠評估公司如何從購買的商品成本中成功地產生收入。

Gross margin is derived by subtracting costs of sales from sales. Gross margin represents a useful measure because it allows management to assess how successfully the company can generate revenues from the cost of goods purchased.

毛利率是通過從銷售額中減去銷售成本派生出來的。毛利率代表一項有用的指標,因爲它允許管理層評估公司從購買的商品成本中成功地產生收入的能力。

Forward-Looking Statements

前瞻性聲明

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.

本新聞稿包含前瞻性聲明和前瞻性信息,符合適用證券法規的意義。這些陳述涉及未來事件或未來業績。所有與歷史事實不同的陳述可能是前瞻性陳述或信息。

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as investment decisions. In particular, results achieved in 2022 and previous periods might not be a certain indication of future performance, which is subject to other risks, including but not limited to changes in operational policies, changes in management, changes in strategic focus, market conditions and customer preferences, the impact from COVID-19 pandemic on our operations and third party suppliers. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks, the risks that these events may not materialize as well as those additional factors discussed in the section entitled "Risk Factors" in RUM's Management Discussion and Analysis, which can be obtained at . If they do materialize, there remains a risk of non-execution for any reason. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release.

前瞻性陳述和信息的目的是提供有關公司管理層有關未來的當前期望和計劃的信息。讀者應該注意,依賴這些陳述和信息可能不適用於其他目的,如投資決策。尤其是,在2022年和以前的期間取得的結果可能不是未來表現的一定指標,這受到其他風險的影響,包括但不限於經營政策的變化、管理層的變化、戰略焦點的變化、市場條件和客戶偏好、COVID-19大流行對我們的運營和第三方供應商的影響。由於前瞻性陳述和信息涉及未來事件和狀況,故而,它們本質上涉及固有的風險和不確定性。由於一系列因素和風險,實際結果可能與目前預期不同,這些風險包括這些事件可能不會實現以及那些在RUM的管理討論和分析條目“風險因素”中討論的其他因素。如果它們確實實現,仍存在因任何原因而沒有執行的風險。因此,讀者不應在本新聞稿中的前瞻性陳述、時間表和信息上過度依賴。

The forward-looking statements and information contained in this news release are made as of the date hereof, and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the TSX-V. This cautionary statement expressly qualifies the forward-looking statements or information contained in this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

本新聞稿中包含的前瞻性陳述和信息截至本日,並且不作出公開更新或修訂任何前瞻性陳述或信息的明示或暗示承諾,除非適用的證券法規或TSX-V要求,本警告陳述明確限制了本新聞稿中包含的前瞻性陳述或信息。TSX Venture Exchange及其監管服務提供者(如TSX Venture Exchange政策所定義的那樣)不承擔本發行的充分性或準確性的責任。

For further information:

進一步了解:

Allison Radford Peter Byrne
President & CFO Executive Chairman & CEO
(780) 483-8183 (780) 686-7383
Allison Radford Peter Byrne
總裁兼財務總監 執行董事長兼首席執行官
(780) 483-8183 (780) 686-7383

SOURCE: Rocky Mountain Liquor Inc.

來源:Rocky Mountain Liquor Inc。


声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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