Leafly(LFLY)
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Leafly(LFLY) - 2024 Q1 - Quarterly Results
2024-05-10 04:04
Exhibit 99.1 Leafly Holdings, Inc. Reports First Quarter 2024 Financial Results Delivered Q1 2024 revenue of $9.0 million Reported net loss of $2.4 million and adjusted EBITDA1 loss of $0.9 million Hires financial advisors, PGP and Benchmark, to explore financing and strategic opportunities SEATTLE--(BUSINESS WIRE)-- May 9, 2024 --Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced financial re ...
Top Ancillary Cannabis Companies Revolutionizing the Industry
MarijuanaStocks· 2024-05-09 22:02
Ancillary Cannabis Companies Enhancing Industry InfrastructureThe US cannabis industry and marijuana stocks are experiencing rapid growth, with a market value expected to reach $41 billion by 2025. Ancillary cannabis companies are playing a crucial role in this expansion. These firms provide essential services and products such as packaging, technology, and online marketplaces. This support allows core cannabis businesses to thrive without handling every aspect of the operation. Recent headlines highlight ...
Leafly(LFLY) - 2023 Q4 - Annual Report
2024-04-02 05:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-K _____________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 001-39119 _____________________________ (Exact nam ...
Leafly(LFLY) - 2023 Q4 - Earnings Call Transcript
2024-03-29 10:08
Leafly Holdings Inc (NASDAQ:LFLY) Q4 2023 Results Conference Call March 28, 2024 4:30 PM ET Company Participants Josh deBerge - IR Yoko Miyashita - President, CEO & Director Suresh Krishnaswamy - Chief Financial Officer Operator Good afternoon. Thank you for attending today's Leafly Fourth Quarter 2023 Earnings Call. My name is Tamia, and I will be your moderator for today's call. I would now like to pass the conference over to your host, Josh deBerge with Leafly. You may proceed. Josh deBerge Good afternoo ...
Leafly(LFLY) - 2023 Q3 - Quarterly Report
2023-11-14 05:00
Table of Contents FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39119 Leafly Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 84-2266022 (State or other jurisdiction of incorporation or organization) 113 Cherry ...
Leafly(LFLY) - 2023 Q3 - Earnings Call Transcript
2023-11-12 04:46
财务数据和关键指标变化 - 第三季度收入为1060万美元,同比下降10.2% [29] - 零售收入930万美元,品牌收入130万美元 [29] - 毛利率提升至89%,同比提升1.9个百分点 [34] - 经营费用同比下降33%,调整后EBITDA为-20万美元,优于指引 [34][35] - 现金余额1450万美元,与上季度持平 [36] 各条业务线数据和关键指标变化 - 零售客户数量下降,主要是来自低收入客户的流失 [15][31] - 零售客户ARPA同比增长16%至644美元 [32] - 品牌业务收入持续疲软,公司保持谨慎态度 [33] 各个市场数据和关键指标变化 - 加州、俄克拉荷马州和俄勒冈州是受影响最大的地区 [14] - 马里兰州成人使用市场开放后,公司在该市场的订单量和收入均实现大幅增长 [22] - 纽约成人使用市场开放后,公司通过诉讼获得暂时性胜利,可以提供广告服务和展示零售商价格信息 [23] 公司战略和发展方向及行业竞争 - 公司将重点放在提高盈利能力,与大客户建立更紧密的合作关系,优化平台使用体验 [8][28] - 公司将继续优化成本,维持现金水平,致力于实现盈利 [51][52] - 公司专注于执行,发挥自身在行业中的独特地位,为消费者、零售商和品牌提供差异化的服务 [54] 管理层对经营环境和未来前景的评论 - 行业面临多重挑战,包括通胀压力、价格下降、监管瓶颈等,导致客户预算收缩和倒闭 [10][11] - 但消费者对大麻的需求依然强劲,行业长期前景看好 [12] - 公司将继续专注于提升Leafly品牌价值,维护健康的客户群 [8][26] 问答环节重要的提问和回答 问题1 **Seamus Cassidy 提问** 价格上调与客户流失情况 [41] **Yoko Miyashita 回答** 公司采取了有针对性的价格上调策略,预期会有一定程度的客户流失,主要集中在低收入客户群体 [42][43] 问题2 **Jason Helfstein 提问** 未来是否还有更多成本优化空间,以及公司是否有并购计划 [49] **Suresh Krishnaswamy 和 Yoko Miyashita 回答** 公司已经实现了33%的运营费用同比下降,未来将继续专注于盈利能力,维持现金水平,同时也在关注潜在的并购机会 [51][52][54] 问题3 **Casey Ryan 提问** 被停止服务的客户会如何应对,以及公司在新兴市场的表现如何 [58][66] **Yoko Miyashita 和 Suresh Krishnaswamy 回答** 被停服的客户通常会在财务状况好转后重新接入平台,公司也在开发针对性的低价产品吸引他们回归 [63][64][75][76] 新兴市场如马里兰州表现良好,公司在当地进行了积极的市场开拓和客户培育 [69][70]
Leafly(LFLY) - 2023 Q2 - Quarterly Report
2023-08-12 04:19
Table of Contents UNITEDR OC STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39119 Leafly Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 84-2266022 ( Sta ...
Leafly(LFLY) - 2023 Q2 - Earnings Call Transcript
2023-08-11 07:42
财务数据和关键指标变化 - 公司Q2 2023年收入为10.7百万美元,略高于5月份的指引 [7] - 公司实现了正的调整后EBITDA 80,000美元,大幅降低了现金消耗,从第一季度的近1000万美元降至约850,000美元 [8][9] - 公司零售收入为8.8百万美元,品牌收入为1.8百万美元 [34] - 零售客户数量环比下降8%至52,610家,但ARPA保持稳定 [35][36] - 公司毛利率保持在88%的水平,预计全年将保持在类似水平 [37] - 公司Q3 2023年预计收入约11百万美元,调整后EBITDA亏损约50万美元 [41] 各条业务线数据和关键指标变化 - 零售业务方面,公司正在实施价格调整以更好地与提供的价值相匹配,预计将导致部分低收益客户流失,但有助于建立更健康的客户群 [14][15][36] - 品牌广告业务方面,公司仍受到行业普遍疲软的影响,未预计2023年会有复苏 [37] 各个市场数据和关键指标变化 - 明尼苏达州和佛罗里达州等新兴成人使用市场的开放为公司带来了长期机遇 [29] - 公司在马里兰州成人使用市场开放时,凭借既有的医疗市场客户关系和服务,迅速抓住了市场机遇 [48][49] 公司战略和发展方向及行业竞争 - 公司正在通过新的销售团队架构、产品和技术升级等措施,提升客户体验,增强客户粘性和收入 [11][18][19][20][22][23][24][26] - 公司将继续专注于提升转化率和订单量,而非单纯追求MAU增长 [27][28] - 公司正在应对行业整合和不稳定的挑战,采取措施提高运营效率和盈利能力 [10][31][33] 管理层对经营环境和未来前景的评论 - 行业整体环境仍然充满挑战,但公司采取的措施正在发挥作用,看到一些积极迹象 [10] - 公司将继续专注于提升客户体验和转化率,并通过价格调整等措施建立更健康的客户群 [11][14][15][36] - 新兴成人使用市场的开放为公司带来长期发展机遇 [29] 问答环节重要的提问和回答 问题1 **Seamus Cassidy 提问** Mastercard禁止在大麻店使用借记卡是否会影响公司的零售客户及其广告支出 [44] **Yoko Miyashita 回答** 这是联邦非法状态下行业面临的又一挑战,但公司没有直接受到影响,客户也能够应对这些挑战 [45][46] 问题2 **Seamus Cassidy 提问** 公司在新兴成人使用市场如马里兰州和明尼苏达州的表现如何 [47] **Yoko Miyashita 回答** 公司在马里兰州市场有良好的基础,能够充分利用现有医疗市场客户关系迅速抓住机遇 [48][49] 明尼苏达州市场明年将开放零售销售,公司已做好准备 [50] 问题3 **Steven Hromin 提问** 1) 公司在实施价格调整后,客户保留率如何 2) 公司未来是否还有进一步的成本削减计划 [52] **Yoko Miyashita 回答** 1) 公司正在实施价格调整,尚未完全掌握低收益客户流失情况,但对于主要客户,公司已做好充分沟通 [54][55] **Suresh Krishnaswamy 回答** 2) 公司将继续保持成本纪律,预计未来几个季度的季度平均运营费用将与Q2相当 [58][59]
Leafly(LFLY) - 2023 Q1 - Earnings Call Transcript
2023-05-14 16:46
Leafly Holdings, Inc. (NASDAQ:LFLY) Q1 2023 Earnings Conference Call May 11, 2023 6:00 PM ET Company Participants Keenan Zopf - Investor Relations, The Blueshirt Group Yoko Miyashita - Chief Executive Officer Suresh Krishnaswamy - Chief Financial Officer Conference Call Participants Operator Good morning. Thank you for attending today's Leafly First Quarter 2023 Earnings Call. [Operator Instructions] I'd now like to pass the conference over to your host Keenan Zopf, with The Blueshirt Group. You may procee ...
Leafly(LFLY) - 2023 Q1 - Quarterly Report
2023-05-13 07:57
Table of Contents UNITEDR OC STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39119 Leafly Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 84-2266022 ( St ...