特海国际(09658) - 2024 Q1 - 季度业绩

Revenue and Sales Performance - Revenue for Q1 2024 was $187.6 million, a 16.6% increase from $160.9 million in Q1 2023[3] - Total revenue for the three months ended March 31, 2024, was $187.65 million, an increase from $160.94 million in the same period of 2023, representing a growth of approximately 16.6%[15] - Same-store sales growth rate was 10.0%, up from 8.8% for the entire year of 2023[3] - Same-store sales for the three months ended March 31, 2024, totaled $166.72 million, compared to $151.53 million in the same period of 2023, reflecting an increase of about 10%[10] - Average daily revenue per restaurant for the overall business was $17.5 thousand, up from $15.9 thousand in the same period last year, indicating a growth of approximately 10.1%[10] - Takeout business revenue increased by 61.1% to $2.9 million, up from $1.8 million in Q1 2023[5] Customer Traffic and Engagement - Total customer traffic exceeded 7.3 million, representing a 21.7% growth compared to 6.0 million in the same period last year[3] - The average table turnover rate increased to 3.9 times per day from 3.3 times per day in the same period last year[3] - The average table turnover rate for the overall business increased to 3.9 times per day, compared to 3.3 times in the same period last year, showing an improvement of approximately 18.2%[10] Profitability and Costs - Operating profit was $12.4 million, a 9.7% increase from $11.3 million in Q1 2023, with an operating profit margin of 6.6%[6] - Employee costs rose to $63.6 million, a 19.8% increase from $53.1 million in the same period last year, accounting for 33.9% of revenue[6] - The net loss for the three months ended March 31, 2024, was $4.55 million, compared to a profit of $5.56 million in the same period of 2023[15] - The total comprehensive income for the period was $1.56 million, down from $6.65 million in the same period last year[15] - The company reported a basic and diluted loss per share of $0.01 for the three months ended March 31, 2024, consistent with the previous year[15] Assets and Liabilities - Non-current assets decreased from $357,921 thousand as of December 31, 2023, to $346,046 thousand as of March 31, 2024, representing a decline of approximately 3.5%[16] - Current assets increased slightly from $218,962 thousand to $221,085 thousand, showing a growth of about 1.0%[16] - Current liabilities decreased from $128,571 thousand to $123,648 thousand, a reduction of approximately 3.0%[16] - Net current assets improved from $90,391 thousand to $97,437 thousand, reflecting an increase of about 7.9%[16] - Total non-current liabilities decreased from $176,191 thousand to $169,798 thousand, a decline of approximately 3.5%[17] - Cash and cash equivalents decreased significantly from $152,908 thousand to $90,031 thousand, a drop of about 41.1%[18] - The company's total liabilities decreased from $304,762 thousand to $293,496 thousand, a reduction of about 3.7%[17] Cash Flow - Net cash provided by operating activities for the three months ended March 31, 2024, was $24,018 thousand, compared to $27,732 thousand for the same period in 2023, a decrease of approximately 13.0%[18] - The company reported a net cash outflow from investing activities of $73,548 thousand for the three months ended March 31, 2024, compared to an outflow of $17,182 thousand in the same period of 2023[18] Strategic Initiatives - The company plans to focus on customer satisfaction, employee contributions, and explore new business models and strategic acquisitions for future growth[4] - The company successfully listed on the NASDAQ, enhancing its global market visibility and growth resources[4] Expansion and Locations - The company opened 4 new Haidilao restaurants, increasing the total from 115 to 119 locations[3] - The number of same-store locations as of March 31, 2024, was 104, with a total of 119 self-operated restaurants across 13 countries[10][13] -