Retrieved on:
Wednesday, April 24, 2024
SHANGHAI, April 24, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the United States Securities and Exchange Commission (the “SEC”) on April 24, 2024.
Key Points:
- SHANGHAI, April 24, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the United States Securities and Exchange Commission (the “SEC”) on April 24, 2024.
- The annual report can be accessed on the Company’s investor relations website at https://ir.enmonster.com/ and on the SEC’s website at www.sec.gov.
- The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
- Requests should be directed to Investor Relations, 6th Floor, 799 Tianshan W Road, Changning District, Shanghai, 200335, the People’s Republic of China.
SHANGHAI, China, March 28, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023.
Key Points:
- Cost of revenues increased by 41.0% to RMB198.7 million (US$28.0 million) for the fourth quarter of 2023, from RMB141.0 million in the same period last year.
- Research and development expenses increased by 77.1% to RMB27.6 million (US$3.9 million) for the fourth quarter of 2023, from RMB15.6 million in the same period last year.
- Sales and marketing expenses decreased by 60.8% to RMB248.8 million (US$35.0 million) for the fourth quarter of 2023 from RMB635.2 million in the same period last year.
- Net income for the fourth quarter of 2023 was RMB2.4 million (US$0.3 million), compared to a net loss of RMB334.5 million in the same period last year.
Retrieved on:
Wednesday, March 20, 2024
SHANGHAI, China, March 20, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited fourth quarter and fiscal year 2023 financial results on Thursday, March 28, 2024, before the U.S. market opens.
Key Points:
- SHANGHAI, China, March 20, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited fourth quarter and fiscal year 2023 financial results on Thursday, March 28, 2024, before the U.S. market opens.
- Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Thursday, March 28, 2024 (8:00 P.M. Beijing Time on Thursday, March 28, 2024) to discuss the financial results.
- Upon registration, each participant will receive dial-in details to join the conference call.
- Participants may also access the call via webcast: https://edge.media-server.com/mmc/p/ibx8vz3c
A telephone replay will be available through April 4, 2024.
SHANGHAI, China, March 11, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that its Board of Directors approved a special cash dividend of US$0.015 per ordinary share, or US$0.03 per American Depositary Share (“ADS”), to holders of ordinary shares and holders of ADSs of record as of the close of business on May 31, 2024, U.S. Eastern Time, payable in U.S. dollars.
Key Points:
- SHANGHAI, China, March 11, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that its Board of Directors approved a special cash dividend of US$0.015 per ordinary share, or US$0.03 per American Depositary Share (“ADS”), to holders of ordinary shares and holders of ADSs of record as of the close of business on May 31, 2024, U.S. Eastern Time, payable in U.S. dollars.
- Dividend to be paid to the Company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement.
- The total amount of cash to be distributed for the dividend is expected to be approximately US$8 million, which will be funded by surplus cash on the Company’s balance sheet.
- As of September 30, 2023, the Company had approximately RMB3.3 billion in cash and cash equivalents, short-term investments and restricted cash.
SHANGHAI, China, March 06, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced the launch of its new power bank sustainability campaign.
Key Points:
- SHANGHAI, China, March 06, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced the launch of its new power bank sustainability campaign.
- Energy Monster’s power bank sustainability campaign is designed to enhance the utilization of power banks by incentivizing users to recycle back previously purchased power banks.
- While the Company’s mobile device charging service has already demonstrated a net positive environmental impact by facilitating power bank sharing and reducing individual ownership, power banks purchased by users are sometimes underutilized.
- The power bank sustainability campaign serves as an avenue to redeploy power banks from users back to Energy Monster's mobile device charging service network.
Retrieved on:
Thursday, December 21, 2023
The transfer of the Company’s listing to the Nasdaq Capital Market is not expected to have any impact on trading in the Company’s ADSs.
Key Points:
- The transfer of the Company’s listing to the Nasdaq Capital Market is not expected to have any impact on trading in the Company’s ADSs.
- In response, the Company submitted an application to transfer the listing of its ADSs from the Nasdaq Global Select Market to the Nasdaq Capital Market.
- In connection with the transfer to the Nasdaq Capital Market, Nasdaq granted the Company a second period of 180 calendar days, or until June 17, 2024, to regain compliance with the minimum bid price requirement for continued listing.
- The Company intends to continue to actively monitor the bid price of its ADSs and, as appropriate, will consider available options to regain compliance with the minimum bid price requirement.
Retrieved on:
Monday, November 27, 2023
SHANGHAI, China, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended September 30, 2023.
Key Points:
- SHANGHAI, China, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended September 30, 2023.
- As of September 30, 2023, the Company’s services were available in 1,189 thousand POIs, compared with 1,109 thousand as of June 30, 2023.
- As of September 30, 2023, 65.5% of POIs were operated under our network partner model, compared with 62.0% as of June 30, 2023.
- As of September 30, 2023, the Company’s available-for-use power banks3 were 8.7 million, compared with 8.0 million as of June 30, 2023.
Retrieved on:
Monday, November 20, 2023
SHANGHAI, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited third quarter 2023 financial results on Monday, November 27, 2023, before the U.S. market opens.
Key Points:
- SHANGHAI, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited third quarter 2023 financial results on Monday, November 27, 2023, before the U.S. market opens.
- Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Monday, November 27, 2023 (9:00 P.M. Beijing Time on Monday, November 27, 2023) to discuss the financial results.
- Upon registration, each participant will receive dial-in details to join the conference call.
- Participants may also access the call via webcast: https://edge.media-server.com/mmc/p/jnrnuvch
A telephone replay will be available through December 5, 2023.
Retrieved on:
Monday, September 18, 2023
SHANGHAI, China, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced the extension of its share repurchase program and changes to management team.
Key Points:
- SHANGHAI, China, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced the extension of its share repurchase program and changes to management team.
- The Company’s board of directors (the “Board”) authorized a further 12-month extension to its existing share repurchase program (the “Share Repurchase Program”) through September 27, 2024.
- On September 28, 2022, the Company announced that the Share Repurchase Program was extended through September 27, 2023 as authorized by the Board.
- The extension of the share repurchase program reiterates our confidence in the outlook of Energy Monster, as we remain committed to delivering value for our stakeholders.”
SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended June 30, 2023.
Key Points:
- SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended June 30, 2023.
- Net income for the second quarter of 2023 was RMB24.5 million, compared to a net loss of RMB184.5 million in the same period last year.
- As of June 30, 2023, 62.0% of POIs were operated under our network partner model, compared with 58.8% as of March 31, 2023.
- As of June 30, 2023, cumulative registered users3 reached 362.5 million, with 15.4 million newly registered users acquired during the quarter.
