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LQR House Inc., a Nevada-based company operating in the beverage alcohol industry, reported its financial performance for the quarter ended September 30, 2024. The company's total revenues increased significantly to $624,464, a 266% rise from the previous year's quarter, primarily due to product revenues from the CWS Platform post-acquisition in November 2023. However, the company experienced a gross loss of $62,051 compared to a gross profit of $7,619 in the same quarter of the previous year, as it transitions its strategy towards the CWS Platform. Operating expenses decreased by 36% to $3,441,910, with general and administrative expenses dropping by 68% to $1,522,785, and sales and marketing expenses increasing by 234% to $1,919,125. The net loss for the quarter was $3,363,380, a 39% improvement from the previous year's quarter. LQR House...Show More
LQR House Inc., a Nevada-based company operating in the beverage alcohol industry, reported its financial performance for the quarter ended September 30, 2024. The company's total revenues increased significantly to $624,464, a 266% rise from the previous year's quarter, primarily due to product revenues from the CWS Platform post-acquisition in November 2023. However, the company experienced a gross loss of $62,051 compared to a gross profit of $7,619 in the same quarter of the previous year, as it transitions its strategy towards the CWS Platform. Operating expenses decreased by 36% to $3,441,910, with general and administrative expenses dropping by 68% to $1,522,785, and sales and marketing expenses increasing by 234% to $1,919,125. The net loss for the quarter was $3,363,380, a 39% improvement from the previous year's quarter. LQR House Inc. continues to explore strategies to increase customer acquisition and partnerships to improve gross margins and profitability. The company's cash and cash equivalents stood at $247,913, with an additional $3,439,467 in marketable securities. LQR House Inc. has identified the need for additional capital to fund operations and is actively seeking investment and acquisition opportunities to support its business plan.
LQR House Inc.は、飲料用アルコール業種で事業を展開しているネバダ州の企業で、2024年9月30日に終了した四半期の財務成績を報告しました。会社の総収入は、2023年11月にCWSプラットフォームの買収に起因し、前年度の四半期と比べて266%増の624,464ドルに大幅に増加しました。しかし、会社はCWSプラットフォームへの戦略転換に伴い、前年同四半期の粗利益7,619ドルに対して62051ドルの粗損失を経験しました。営業費用は36%減の3,441,910ドルで、一般管理費は68%減の1,522,785ドル、販売及びマーケティング費用は234%増の1,919,125ドルに達しました...すべて展開
LQR House Inc.は、飲料用アルコール業種で事業を展開しているネバダ州の企業で、2024年9月30日に終了した四半期の財務成績を報告しました。会社の総収入は、2023年11月にCWSプラットフォームの買収に起因し、前年度の四半期と比べて266%増の624,464ドルに大幅に増加しました。しかし、会社はCWSプラットフォームへの戦略転換に伴い、前年同四半期の粗利益7,619ドルに対して62051ドルの粗損失を経験しました。営業費用は36%減の3,441,910ドルで、一般管理費は68%減の1,522,785ドル、販売及びマーケティング費用は234%増の1,919,125ドルに達しました。四半期の純損失は3,363,380ドルで、前年同四半期から39%の改善が見られました。LQR House Inc.は、粗利益率と収益性を改善するために顧客獲得とパートナーシップを増やす戦略を探求し続けています。会社の現金及び現金同等物は247,913ドルで、追加の市場性証券が3,439,467ドルありました。LQR House Inc.は、事業運営を資金調達するための追加資本の必要性を特定しており、ビジネス計画を支援するための投資および買収の機会を積極的に探しています。
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