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

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

有道 | 6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  2024/11/14 19:21

Moomoo AI 已提取核心信息

Youdao achieved total revenues of RMB1.6B in Q3 2024, up 2.2% YoY, with a historic first Q3 operating profit of RMB107.3M. Online marketing services grew 45.6% to RMB489.4M, while learning services declined 19.2% to RMB767.9M. Smart devices revenue increased 25.2% to RMB315.3M driven by new product launches.Gross margin decreased to 50.2% from 55.9% YoY, mainly due to reduced learning services scale. Operating expenses dropped significantly to RMB682.2M from RMB917.3M last year through optimized marketing spending and reduced headcount. The company recorded net income of RMB86.3M versus a net loss of RMB102.9M in Q3 2023.Looking ahead, Youdao plans to enhance user experience through its LLM Ziyue implementation across digital content services, AI subscriptions and smart devices. The company maintains strong financial support from NetEase Group, including RMB878M in short-term loans and a US$300M revolving facility, with US$128.4M drawn as of September 2024.
Youdao achieved total revenues of RMB1.6B in Q3 2024, up 2.2% YoY, with a historic first Q3 operating profit of RMB107.3M. Online marketing services grew 45.6% to RMB489.4M, while learning services declined 19.2% to RMB767.9M. Smart devices revenue increased 25.2% to RMB315.3M driven by new product launches.Gross margin decreased to 50.2% from 55.9% YoY, mainly due to reduced learning services scale. Operating expenses dropped significantly to RMB682.2M from RMB917.3M last year through optimized marketing spending and reduced headcount. The company recorded net income of RMB86.3M versus a net loss of RMB102.9M in Q3 2023.Looking ahead, Youdao plans to enhance user experience through its LLM Ziyue implementation across digital content services, AI subscriptions and smart devices. The company maintains strong financial support from NetEase Group, including RMB878M in short-term loans and a US$300M revolving facility, with US$128.4M drawn as of September 2024.
有道在2024年第三季度实现了营业收入16亿人民币,同比增长2.2%,并取得了历史上首次第三季度营业利润10730万人民币。在线营销服务增长了45.6%,达到了48940万人民币,而学习服务下降了19.2%,为76790万人民币。智能设备的营业收入因新产品发布增长了25.2%,达到了31530万人民币。毛利率同比下降至50.2%,低于55.9%,主要是由于学习服务规模的缩减。营业费用显著下降,从去年的91730万人民币减少至68220万人民币,得益于优化的营销支出和减少的员工人数。公司记录了8630万人民币的净利润,而2023年第三季度则为10290万人民币的净亏损。展望未来,有道计划通过其LLM Ziyue实施提升用户体验,覆盖数字内容服务、人工智能订阅和智能设备。公司获得了来自网易集团的强大财务支持,包括87800万人民币的短期贷款和30000万美金的周转贷款,截至2024年9月已提取12840万美金。
有道在2024年第三季度实现了营业收入16亿人民币,同比增长2.2%,并取得了历史上首次第三季度营业利润10730万人民币。在线营销服务增长了45.6%,达到了48940万人民币,而学习服务下降了19.2%,为76790万人民币。智能设备的营业收入因新产品发布增长了25.2%,达到了31530万人民币。毛利率同比下降至50.2%,低于55.9%,主要是由于学习服务规模的缩减。营业费用显著下降,从去年的91730万人民币减少至68220万人民币,得益于优化的营销支出和减少的员工人数。公司记录了8630万人民币的净利润,而2023年第三季度则为10290万人民币的净亏损。展望未来,有道计划通过其LLM Ziyue实施提升用户体验,覆盖数字内容服务、人工智能订阅和智能设备。公司获得了来自网易集团的强大财务支持,包括87800万人民币的短期贷款和30000万美金的周转贷款,截至2024年9月已提取12840万美金。
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