Redwood Trust (NYSE:RWT) Q3 2025 Earnings Call October 29, 2025 05:00 PM ET Company ParticipantsEric Hagen - Managing DirectorDash Robinson - PresidentChris Abate - CEODon Fandetti - Managing DirectorKaitlyn Mauritz - Head of Investor RelationsBrooke Carillo - CFOBose George - Managing DirectorConference Call ParticipantsRick Shane - Research Division AnalystSteve Delaney - Managing Director and Senior Equity AnalystDoug Harter - Equity Research AnalystOperatorGood afternoon and welcome to the Redwood Trust ...

Redwood Trust (NYSE:RWT) Q3 2025 Earnings Call October 29, 2025 05:00 PM ET Company ParticipantsEric Hagen - Managing DirectorDash Robinson - PresidentChris Abate - CEODon Fandetti - Managing DirectorKaitlyn Mauritz - Head of Investor RelationsBrooke Carillo - CFOBose George - Managing DirectorConference Call ParticipantsRick Shane - Research Division AnalystSteve Delaney - Managing Director and Senior Equity AnalystDoug Harter - Equity Research AnalystOperatorGood afternoon and welcome to the Redwood Trust ...

Redwood Trust (NYSE:RWT) Q3 2025 Earnings Call October 29, 2025 05:00 PM ET Speaker3Good afternoon and welcome to the Redwood Trust Third Quarter 2025 Financial Results Conference Call. Today's conference is being recorded. I will now turn the call over to Kaitlyn Mauritz, Redwood Trust's Head of Investor Relations. Please go ahead, ma'am.Speaker5Thank you, Operator. Hello everyone, and thank you for joining us today for Redwood Trust's Third Quarter 2025 Earnings Conference Call. With me on today's call ar ...

The company-owned stores and e-commerce posted double-digit growth, even as revenue fell 4% in local currencies, primarily reflecting lower sell-in as monobrand partners reduced inventories. Like-for-like sell-out increased by 1%. The strategic transition continued according to plan with investments in future growth through retail excellence, marketing and product development. “We continued our strategy execution in Q1 by investing in future profitable growth. Although revenue declined by 4%, we are pleased ...

核心财务表现 - 2025年第二季度净收入4052万美元 同比下降15% 主要因大连基地产品升级过渡期导致住宅能源供应领域收入下滑[2] - 电池业务收入2109万美元 同比暴跌408% 毛利率从363%收缩至162% 净亏损207万美元[3] - 上半年总收入7546万美元 同比下降292% 电池业务收入4145万美元 同比下滑485%[6][7] - 第二季度营业亏损353万美元 去年同期为盈利595万美元 每股亏损003美元[4][5] 产品结构转型 - 大连基地正从26650型号向40135型号升级 客户处于测试验证阶段 预计9月开始量产[2][10] - 南京一期32140型号产能满载 二期扩建延期至第四季度 投产后将显著提升供应能力[2][10] - 轻型电动车领域收入表现亮眼 第二季度收入243万美元 同比增长33%[3] - 住宅能源供应收入1852万美元 同比下滑448% 反映产品过渡期影响[3] 管理层战略展望 - 首席执行官预计第四季度大连基地将逐步复苏 新模型获得客户积极反馈[10] - 财务总监透露正与多家国际知名客户敲定协议 客户涵盖印度两三轮车头部厂商、移动电源前五强企业及储能行业主要参与者[10] - 公司强调全球化客户结构 致力于通过产能扩张和技术升级实现反弹[10] 资产负债状况 - 现金及等价物568万美元 较2024年底672万美元有所下降[18] - 存货增至3744万美元 较2024年底2285万美元增长64% 反映产能准备[18] - 在建工程7164万美元 较2024年底4253万美元大幅增长68% 显示产能扩张投入[18] - 总负债增至217亿美元 主要因贸易应付账款9763万美元及短期银行借款3389万美元增加[18][19]