Maus

Rumble Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 27, 2024
Research, MAU, Acquisition, Interview, Software, Insurance, News, GA4, Maus, RAC, Marketing, Advertising, Video game

LONGBOAT KEY, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (Nasdaq: RUM) ("Rumble" or the "Company”), the video sharing platform and cloud services provider, today announced financial results for the fiscal quarter and full year ended December 31, 2023.

Key Points: 
  • For the fourth quarter of 2023, revenue was $20.4 million compared to $20.0 million in the fourth quarter of 2022, an increase of 2%.
  • Cost of services was $39.5 million for the quarter compared to $23.5 million in the fourth quarter of 2022.
  • General and administrative expense was $9.6 million for the quarter, compared to $9.9 million in the fourth quarter of 2022.
  • Research and development expense was $3.6 million for the quarter, compared to $2.6 million in the fourth quarter of 2022.

JOYY Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Monday, March 18, 2024
Bigo Live, Growth, ADS10, Sale, Acquisition, ADS, Hago, Direct, Investment, YY, Maus, Likee, Share repurchase, Marketing, Advertising, Video game

SINGAPORE, March 19, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2023.

Key Points: 
  • SINGAPORE, March 19, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2023.
  • Gross profit was US$201.5 million in the fourth quarter of 2023, compared to US$212.3 million in the corresponding period of 2022.
  • Gross margin was 35.4% in the fourth quarter of 2023, compared to 35.1% in the corresponding period of 2022.
  • Operating expenses were US$199.4 million in the fourth quarter of 2023, compared to US$231.2 million in the corresponding period of 2022.

Skillz Reports 2023 Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024
Electronic Games, Entertainment, Mobile Entertainment, PIN, Skillz, Inc., CFO, Webcast, Acquisition, Adjustment, Maus, GAAP, Marketing, Video game

Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Fourth Quarter 2023 Financial Highlights:
    Full Year 2023 Financial Highlights:
    Cash, cash equivalents, and marketable securities of $302.0 million as of December 31, 2023
    Total outstanding debt of $123.9 million as of December 31, 2023
    “We made steady progress throughout 2023 with our strategic initiatives to position Skillz to deliver consistent top-line growth and positive Adjusted EBITDA,” said Andrew Paradise, Skillz’ CEO.
  • Importantly, after declines in our paying audience throughout 2023, we significantly slowed the decline in the beginning of 2024, and are tracking to a more stable audience.
  • Our continued execution on our strategic initiatives puts Skillz on track to achieve our goal of generating positive Adjusted EBITDA on a run-rate basis by the fourth quarter of this year.”
    Gaetano Franceschi, Skillz’ CFO, added, “We continue to demonstrate prudent management of the business as reflected in the quarterly sequential improvements in our Adjusted EBITDA loss for every quarter of 2023, with the fourth quarter loss being 41% less than in the first quarter.

Benjamin Capital Partners Secures Seed Round To Ignite Future Growth

Retrieved on: 
Thursday, March 28, 2024
Growth, Face, CNET, General partnership, Knowledge, Social media, Sale, Acquisition, IPO, F4, AT&T, Maus, Ecosystem, Starbucks, AOL, Marketing, Interactivity, Video game

NEW YORK and OULU, Finland, March 28, 2024 /PRNewswire/ -- Benjamin Capital Partners announced today the closing of a seed round, raising a total of $5.5 mil. from Play Ventures & F4 Fund. Other prominent investors in the round include inventor, investor, and serial entrepreneur Anton Gauffin; tech CEO and 20-year payment veteran Shane Happach; and Ilkka Teppo, founder of Reworks. The raise will serve to aggressively fuel growth for the Benjamin cash rewards app, which has generated robust consumer demand and revenue growth since its launch in October 2023. Since coming out of beta in October, the Benjamin app already has over 300,000 installs and 195,000 monthly active users (MAUs). Many users are already earning over $100 per month; some are over $1,000 per month in earnings. Moreover, more than 50% of installs are staying as MAUs. Revenue growth has also been very strong, growing north of 40% month over month since October.

Key Points: 
  • NEW YORK and OULU, Finland, March 28, 2024 /PRNewswire/ -- Benjamin Capital Partners announced today the closing of a seed round, raising a total of $5.5 mil.
  • The raise will serve to aggressively fuel growth for the Benjamin cash rewards app, which has generated robust consumer demand and revenue growth since its launch in October 2023.
  • Since coming out of beta in October, the Benjamin app already has over 300,000 installs and 195,000 monthly active users (MAUs).
  • "Play Ventures is very excited to lead the seed round of Benjamin as they continue to build category-defining consumer reward products.

Keep Inc. Announces 2023 Annual Results

Retrieved on: 
Thursday, March 28, 2024
Research, PIN, Growth, Environment, Call Me, MAU, Acquisition, Maus, Cloud computing, Marketing, Advertising, Total

Supported by the continuous growth of our virtual sports events, average monthly revenues per MAU also increased by 17.6% year-over-year in 2023.

Key Points: 
  • Supported by the continuous growth of our virtual sports events, average monthly revenues per MAU also increased by 17.6% year-over-year in 2023.
  • Revenues from self-branded fitness products were RMB946.1 million in 2023, a decrease of 16.8% from RMB1,137.0 million in 2022.
  • Cost of revenues was RMB1,176.2 million in 2023, a decrease of 10.3% from RMB1,311.2 million in 2022.
  • Adjusted net loss (non-IFRS measure) was RMB295.4 million in 2023, compared with adjusted net loss of RMB666.9 million in 2022.

Zhihu Inc. Reports Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
Research, Growth, Environment, Accounting, Stock exchange, Yan, ADS, Overalls, Investment, Maus, GAAP, ID, Share repurchase, Marketing, Advertising, Total, Repurchase agreement, Video game

BEIJING, March 26, 2024 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023.

Key Points: 
  • BEIJING, March 26, 2024 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023.
  • Total revenues were RMB1,138.3 million (US$160.3 million) in the fourth quarter of 2023, representing a 2.2% increase from the same period of 2022.
  • Net loss was RMB103.1 million (US$14.5 million) in the fourth quarter of 2023, narrowed by 42.6% from the same period of 2022.
  • Adjusted net loss (non-GAAP)[1] was RMB91.3 million (US$12.9 million) in the fourth quarter of 2023, narrowed by 31.9% from the same period of 2022.

DouYu International Holdings Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, March 26, 2024
Research, LOL, Esports, Growth, Acquisition, Investment, Maus, Ecosystem, Share repurchase, Marketing, DouYu, Advertising, Total, Development, Video game

Total net revenues in the fourth quarter of 2023 were RMB1,296.0 million (US$182.5 million), compared with RMB1,681.1 million in the same period of 2022.

Key Points: 
  • Total net revenues in the fourth quarter of 2023 were RMB1,296.0 million (US$182.5 million), compared with RMB1,681.1 million in the same period of 2022.
  • Gross profit in the fourth quarter of 2023 was RMB126.2 million (US$17.8 million), compared with RMB186.1 million in the same period of 2022.
  • Adjusted net loss[1] in the fourth quarter of 2023 was RMB5.0 million (US$0.7 million), compared with RMB4.3 million in the same period of 2022.
  • In the fourth quarter of 2023, our mobile MAUs remained stable at 51.7 million compared with the previous quarter.

Kuaishou Technology Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 20, 2024
Online, Astral, Real estate, Algorithm, Ecosystem, UAL, MAU, Sale, Shithead (card game), Investment, Maus, Depreciation, Cosmetics, Marketing, Employment, Education, City, Nio, Social Security, Sport, Average cost, Agriculture, KOL, Acquisition, Role, Video, Telephone numbers in Hungary, GMV, Double, Health, Culture, Growth, Operating cost, DAU, Social, Music, Total, Video game

Users continue to choose Kuaishou, and our MAUs exceeded 700 million in the fourth quarter, marking a new record high.

Key Points: 
  • Users continue to choose Kuaishou, and our MAUs exceeded 700 million in the fourth quarter, marking a new record high.
  • Revenue from our live streaming business remained stable at RMB10.0 billion for the fourth quarter of 2023 and 2022, respectively.
  • In the fourth quarter of 2023, average MAUs on the Kuaishou App exceeded 700 million, marking another new record.
  • Based on our refined operation strategy, the subsidy cost per DAU of Kuaishou Express declined year-over-year in the fourth quarter of 2023.

HUYA Inc. Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and Announces Special Cash Dividend

Retrieved on: 
Tuesday, March 19, 2024
Research, The Company, Growth, Operating cost, ADS, Senior, Tencent, Investment, ASC, Maus, Interest, GAAP, ID, Advertising, Share repurchase, Marketing, Huya Live, Video game

Total net revenues for the fourth quarter of 2023 were RMB1,529.8 million (US$215.5 million), compared with RMB2,119.4 million for the same period of 2022.

Key Points: 
  • Total net revenues for the fourth quarter of 2023 were RMB1,529.8 million (US$215.5 million), compared with RMB2,119.4 million for the same period of 2022.
  • Net loss attributable to HUYA Inc. for fiscal year 2023 was RMB204.5 million (US$28.8 million), compared with RMB547.7 million for 2022.
  • Average mobile MAUs of Huya Live for fiscal year 2023 was 84.1 million, compared with 84.3 million for 2022.
  • As a result, Huya Live's user base remained stable during the quarter, with average mobile MAUs of 85.5 million.

Tencent Music Entertainment Group Announces Fourth Quarter and Full-Year 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, March 19, 2024
Atmos, Venus, Online, TME, Growth, H.10, RMB, Media, Music, Light, Internet of things, Universal Music Group, Economic development, Dolby Atmos, American depositary receipt, ADS, Translation, Bank statement, Advertising, Investment, Maus, Tourism, QQ Music, USD, Marketing, Video game

For example, we renewed multi-year strategic cooperation with Universal Music Group to provide users with ongoing access to its world-class music catalog with expanded privileges.

Key Points: 
  • For example, we renewed multi-year strategic cooperation with Universal Music Group to provide users with ongoing access to its world-class music catalog with expanded privileges.
  • Capitalized on rising live music opportunities by hosting a growing number of offline music events in multi-faceted performance formats in 2023.
  • Effective tax rate for the fourth quarter of 2023 was 17.3% compared to 12.2% in the same period of 2022.
  • [2] Starting from the first quarter of 2023, online music MAUs include unique mobile and certain IoT devices.