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Sea | 6-K: Report of foreign private issuer (related to financial reporting)

Sea | 6-K: Report of foreign private issuer (related to financial reporting)

Sea | 6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  11/12 16:11

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Sea Limited, a leading global consumer internet company, reported its financial results for the third quarter ended September 30, 2024. The company, which operates three core businesses in digital entertainment, e-commerce, and digital financial services, saw a significant increase in revenue and profitability. Total GAAP revenue for the group was $4.3 billion, marking a 30.8% increase year-on-year, with a net income of $153.3 million compared to a net loss of $144.0 million in the same quarter of the previous year. The e-commerce platform Shopee achieved positive adjusted EBITDA in both Asia and Brazil, with expectations to remain profitable. SeaMoney's loan book grew by over 70% year-on-year, while Garena expects Free Fire's full-year bookings to grow over 30%. The company's cash and cash equivalents, along with short-term investments, totaled $9.9 billion as of September 30, 2024. Sea Limited's Chairman and Chief Executive Officer, Forrest Xiaodong Li, expressed pride in the improved profitability alongside high growth. The company's management hosted a conference call on November 12, 2024, to discuss the results.
Sea Limited, a leading global consumer internet company, reported its financial results for the third quarter ended September 30, 2024. The company, which operates three core businesses in digital entertainment, e-commerce, and digital financial services, saw a significant increase in revenue and profitability. Total GAAP revenue for the group was $4.3 billion, marking a 30.8% increase year-on-year, with a net income of $153.3 million compared to a net loss of $144.0 million in the same quarter of the previous year. The e-commerce platform Shopee achieved positive adjusted EBITDA in both Asia and Brazil, with expectations to remain profitable. SeaMoney's loan book grew by over 70% year-on-year, while Garena expects Free Fire's full-year bookings to grow over 30%. The company's cash and cash equivalents, along with short-term investments, totaled $9.9 billion as of September 30, 2024. Sea Limited's Chairman and Chief Executive Officer, Forrest Xiaodong Li, expressed pride in the improved profitability alongside high growth. The company's management hosted a conference call on November 12, 2024, to discuss the results.
Sea Limited是一家领先的全球消费互联网公司,发布了截至2024年9月30日的第三季度财务业绩。该公司在数字娱乐、电子商务和数字金融服务三大核心业务中运营,营业收入和盈利能力显著提高。集团的总GAAP营业收入为43亿美金,同比增加30.8%,净利润为1亿5330万美金,相比之下,去年同期净亏损为1亿4400万美金。电子商务平台Shopee在亚洲和巴西均实现了正的调整后EBITDA,预计将继续保持盈利。SeaMoney的贷款组合同比增长超过70%,而Garena预计《绝地求生:刺激战场》的全年度预订将增长超过30%。截至2024年9月30日,公司的现金及现金等价物以及短期投资总额达99亿美金。Sea Limited的董事长兼首席执行官Forrest Xiaodong Li表示,对于盈利能力的改善与高速增长感到自豪。公司的管理层于2024年11月12日举行了电话会议,以讨论这一业绩。
Sea Limited是一家领先的全球消费互联网公司,发布了截至2024年9月30日的第三季度财务业绩。该公司在数字娱乐、电子商务和数字金融服务三大核心业务中运营,营业收入和盈利能力显著提高。集团的总GAAP营业收入为43亿美金,同比增加30.8%,净利润为1亿5330万美金,相比之下,去年同期净亏损为1亿4400万美金。电子商务平台Shopee在亚洲和巴西均实现了正的调整后EBITDA,预计将继续保持盈利。SeaMoney的贷款组合同比增长超过70%,而Garena预计《绝地求生:刺激战场》的全年度预订将增长超过30%。截至2024年9月30日,公司的现金及现金等价物以及短期投资总额达99亿美金。Sea Limited的董事长兼首席执行官Forrest Xiaodong Li表示,对于盈利能力的改善与高速增长感到自豪。公司的管理层于2024年11月12日举行了电话会议,以讨论这一业绩。
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