MAU

Rumble Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

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.

KE Holdings Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and a Final Cash Dividend

Retrieved on: 
Thursday, March 14, 2024

In the fourth quarter of 2023, net revenues were RMB20.2 billion (US$2.8 billion), an increase of 20.6% year-over-year.

Key Points: 
  • In the fourth quarter of 2023, net revenues were RMB20.2 billion (US$2.8 billion), an increase of 20.6% year-over-year.
  • In the fourth quarter of 2023, net income was RMB670 million (US$94 million), an increase of 80.2% year-over-year.
  • Mobile monthly active users (MAU)5 averaged 43.2 million in the fourth quarter of 2023, compared to 36.6 million in the same period of 2022.
  • Adjusted operating margin7 was 4.2% in the fourth quarter of 2023, compared to 8.0% in the same period of 2022.

KANZHUN LIMITED Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 12, 2024

Revenues for the fourth quarter of 2023 were RMB1,580.2 million (US$222.6 million), an increase of 46.0% from RMB1,082.3 million for the same quarter of 2022.

Key Points: 
  • Revenues for the fourth quarter of 2023 were RMB1,580.2 million (US$222.6 million), an increase of 46.0% from RMB1,082.3 million for the same quarter of 2022.
  • Calculated cash billings1 for the fourth quarter of 2023 were RMB1,780.4 million (US$250.8 million), an increase of 61.2% from RMB1,104.5 million for the same quarter of 2022.
  • Net income for the fourth quarter of 2023 was RMB331.2 million (US$46.7 million), compared to net loss of RMB184.8 million for the same quarter of 2022.
  • Adjusted net income4 for the fourth quarter of 2023 was RMB628.6 million (US$88.5 million), compared to RMB59.5 million for the same quarter of 2022.

Keep Inc. Announces 2023 Annual Results

Retrieved on: 
Thursday, March 28, 2024

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.

NetDragon Announces 2023 Annual Financial Results

Retrieved on: 
Wednesday, March 27, 2024

HONG KONG, March 27, 2024 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, today announced its financial results for fiscal year 2023. NetDragon's management team will hold a results presentation and webcast at 10:00am Hong Kong time on March 28, 2024, to discuss the results and recent business developments.

Key Points: 
  • In 2023, our domestic and overseas gaming revenue increased by 10.5% and 4.5% YoY, respectively.
  • NetDragon continues to consolidate the 2023 financial statements of Mynd in its financials, as it holds 74.4% of the issued share capital of Mynd as of December 31, 2023.
  • NetDragon's management team will hold a results presentation and webcast at 10:00 am Hong Kong time on March 28, 2024 to discuss the results and recent business developments.
  • Participants of the live webcast should visit the aforementioned website 10 minutes prior to the call, then click on the icon for "2023 Annual Results Presentation and Webcast" and follow the registration instructions.

Kuaishou Technology Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 20, 2024

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.

JOYY Reports Fourth Quarter and Full Year 2023 Financial Results: Third Consecutive Year of Profitability, Global MAU Resumes Growth

Retrieved on: 
Tuesday, March 19, 2024

Due to continued optimization of operational efficiencies and strong execution, JOYY delivered continued profitability for the third consecutive year.

Key Points: 
  • Due to continued optimization of operational efficiencies and strong execution, JOYY delivered continued profitability for the third consecutive year.
  • From 2020 to 2023, JOYY has in total distributed approximately US$1.38 billion in capital returns.
  • Mr. David Xueling Li, Chairman and Chief Executive Officer of JOYY, commented, "2023 proved to be a year of progress.
  • In the fourth quarter, Bigo Live maintained its user growth momentum, with MAUs increasing by 4.5% year over year to 38.4 million.

Adjust and AppLovin Unveil Winning Framework For Mobile Gaming Studios And Marketers To Ride App Growth Momentum

Retrieved on: 
Monday, March 18, 2024

SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Leading measurement and analytics company Adjust today released The Gaming App Insights Report, a first-of-its-kind resource for studios, developers and mobile marketers, pairing global mobile gaming app data with expert insights from AppLovin and its in-house creative agency SparkLabs. Notable growth in gaming app installs and in-app revenue in 2023 continued into 2024 reveals a resurgence across many subverticals and provides a window into a new framework – from leveraging AI to embracing CTV – to reach success and scale.

Key Points: 
  • "The perception that mobile gaming is stagnating due, in part, to a crowded market overlooks one positive by-product of this competition: growth," said Daniel Tchernahovsky, VP of Global Business Development, AppLovin.
  • The route to scalable mobile gaming growth has shifted and requires embracing changes in audience expectations, technological developments and measurement complexity.
  • Adjust and AppLovin's report also explores how generative AI can be utilized to streamline campaigns and how CTV is becoming a performance channel for growth.
  • And with cross-play and cross-device becoming increasingly crucial in 2024, marketers can learn more about expanding mobile gaming apps to PC and console with Adjust's new PC and Console Guide .

SOHU.COM REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 UNAUDITED FINANCIAL RESULTS

Retrieved on: 
Monday, March 4, 2024

Thanks to these efforts, our bottom-line performance hit the high end of our guidance for the fourth quarter of 2023.

Key Points: 
  • Thanks to these efforts, our bottom-line performance hit the high end of our guidance for the fourth quarter of 2023.
  • GAAP operating loss was US$25 million, compared with an operating loss of US$6 million in the fourth quarter of 2022 and an operating loss of US$21 million in the third quarter of 2023.
  • Non-GAAP operating loss was US$26 million, compared with an operating loss of US$5 million in the fourth quarter of 2022 and an operating loss of US$20 million in the third quarter of 2023.
  • GAAP income tax expense was US$14 million, compared with income tax expense of US$7 million in the fourth quarter of 2022 and income tax expense of US$15 million in the third quarter of 2023.

Life360 reports CY 2023 results

Retrieved on: 
Thursday, February 29, 2024

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- San Francisco area-based Life360, Inc. (Life360 or the Company) (ASX: 360) today reported audited financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- San Francisco area-based Life360, Inc. (Life360 or the Company) (ASX: 360) today reported audited financial results for the quarter and year ended December 31, 2023.
  • Life360 Co-founder and Chief Executive Officer Chris Hulls said: "We are incredibly proud that more than 61 million monthly active users (MAU) globally enjoy the peace of mind that comes with the location sharing and safety features of Life360.
  • "In 2023, we delivered on our commitment to balance fiscal responsibility and prudent investment to position the business for long-term success.
  • Core Life360 subscription revenue is defined as subscription revenue derived from the Life360 mobile application, excluding certain revenue adjustments related to bundled Life360 subscription and hardware offerings, for the reported period.