The total revenue in the first quarter reached 5.66 billion yuan, and Bilibili's gross profit margin has increased month on month for seven consecutive quarters
吖咩嘚咩s
发表于 2024-5-24 18:19:02
1277
0
0
On the evening of May 23rd, Bili (NASDAQ: BILI), HKEX:9626; Bilibili (hereinafter referred to as "Bilibili") has released its unaudited financial report for the first quarter ended March 31, 2024. In the first quarter, The total revenue of Bilibili increased by 12% year-on-year, reaching 5.66 billion yuan, of which the advertising business performed well, with a year-on-year increase of 31%, reaching 1.67 billion yuan; The revenue from value-added services business was 2.53 billion yuan, a year-on-year increase of 17%.
"In the first quarter, while ensuring the healthy development of the community ecology, we achieved high-quality revenue growth, opening up a new era for the company's annual development." Chen Rui, Chairman and CEO of Bilibili, stated that in 2024, the company will continue to promote the healthy development of the content ecology and community, bringing users more diverse and high-quality content. With the improvement of commercialization ability and operational efficiency, the company will continue to convert high-quality community traffic into high-quality revenue growth, steadily moving towards profitability goals.
Along with high-quality revenue growth, the company continuously improves operational efficiency and overall financial performance. According to the financial report, the company's gross profit increased by 45% year-on-year in the first quarter, reaching RMB 1.6 billion; The gross profit margin has increased to 28.3% month on month for seven consecutive quarters. In terms of loss reduction, the company's adjusted operating losses and net losses have significantly narrowed by 52% and 56% year-on-year, respectively, and have achieved positive operating cash flow for three consecutive quarters. As of March 31, 2024, the total amount of cash and cash equivalents, fixed deposits, and short-term investments held by the company was 12.9 billion yuan.
In terms of user data, financial reports show that, Bilibili users continued to remain highly active in the first quarter, with daily active users increasing by 9% year-on-year, reaching 102 million; The average daily usage time reached a historic high of 105 minutes; The daily average video playback is nearly 5 billion times, a year-on-year increase of 22%. The continuous enrichment of the content ecosystem has led to a year-on-year increase of over 20% in the views of categories such as knowledge, games, film and entertainment on the platform in the first quarter; The daily average playback volume of categories such as home decoration, travel, and fitness increased by more than 45% year-on-year; The daily average playback volume of the fashion category increased by over 40% year-on-year, while the daily average playback volume of the mother, baby, and parent-child category increased by over 110% year-on-year.
The continuous enrichment of content has also brought about an increase in income for creators. The financial report shows that in the first quarter, over 1.5 million UP owners earned revenue on Bilibili, with the number of UP owners earning revenue through commercial advertising increasing by 51% year-on-year; The number of UPs earning revenue through sales increased by 105% year-on-year. Meanwhile, UP owners also have more diverse ways of income, such as the number of UP owners who rely on workshops to earn income, which has increased by over 40% year-on-year. Next, Bilibili has stated that it will focus on identifying and supporting high-quality creators, and through traffic strategy support, submission tool optimization, intelligent operation tools, and other means, assist potential and talented UP owners to grow better on Bilibili and achieve commercial value.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Weibo Q3 revenue of 3.294 billion yuan, adjusted operating profit of 1.159 billion yuan
- Xiaopeng Motors achieved a third quarter revenue of 10.1 billion yuan and a gross profit margin of 15.3%, setting a new historical high for a single quarter
- Xiaopeng Motors' third quarter revenue growth is 18.4%, and delivery volume in November is expected to exceed 30000 vehicles
- NIO: Q3 revenue of 18.67 billion yuan, up 7.0% month on month
- All Things New Life (Love Recycling) achieved a revenue of 4.05 billion yuan in the third quarter, with non GAAP operating profit exceeding 100 million yuan
- Selling more and losing more? NIO's third quarter revenue decreased by 2.1% year-on-year, with an adjusted net loss of 4.413 billion yuan
- Nvidia's third quarter revenue reached $35.082 billion
- Under revenue pressure, iQiyi will invest more resources in operating micro dramas
- Pinduoduo's Q3 revenue was 99.4 billion yuan, and it continues to increase investment in the construction of "new quality supply" and "e-commerce westward"
- The revenue growth rate of Greater China region exceeds 50%. Amalfin Sports turned losses in the first three quarters and searched for the next "ancestor bird"
-
知名做空机构香橼研究(Citron Research)周四(11月21日)在社交媒体平台X上发布消息称,该公司已决定做空“比特币大户”微策略(Microstrategy)这家公司,并认为该公司已经将自己变身成为一家比特币投资基金 ...
- caffycat
- 昨天 11:18
- 支持
- 反对
- 回复
- 收藏
-
每经AI快讯,11月20日,文远知行宣布旗下自动驾驶环卫车S6与无人扫路机S1分别在新加坡滨海湾海岸大道与滨海艺术中心正式投入运营。据介绍,这是新加坡首个商业化运营的自动驾驶环卫项目。 ...
- star8699
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
上证报中国证券网讯(记者王子霖)11月20日,斗鱼发布2024年第三季度未经审计的财务报告。本季度斗鱼依托丰富的游戏内容生态,充分发挥主播资源和新业务潜力,持续为用户提供高质量的直播内容及游戏服务,进一步 ...
- goodfriendboy
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
人民网北京11月22日电 (记者栗翘楚、任妍)2024广州车展,在新能源汽车占据“半壁江山”的同时,正加速向智能网联新能源汽车全面过渡,随着“端到端”成为新宠,智能驾驶解决方案成为本届广州车展各大车企竞 ...
- 3233340
- 昨天 17:06
- 支持
- 反对
- 回复
- 收藏