Singapore's Sea Reports Mixed Bag Of Q2 Earnings, Expects Shopee To Become Adjusted EBITDA Positive From Q3
Singapore's Sea Reports Mixed Bag Of Q2 Earnings, Expects Shopee To Become Adjusted EBITDA Positive From Q3
Sea Limited (NYSE:SE) reported fiscal second-quarter 2024 revenue growth of 23.0% year-on-year to $3.81 billion, beating the analyst consensus estimate of $3.72 billion.
Sea Limited （NYSE:SE）报告2024财年第二季度营业收入同比增长23.0%，达到38.1亿美元，超出分析师平均预期的37.2亿美元。
EPS of $0.14, down from $0.54 Y/Y, missed the analyst consensus estimate of $0.15. The stock price slid after the print followed by a recovery in the premarket trading session.
每股收益为0.14美元，同比下降0.40美元，低于分析师平均预估的0.15美元。随着报告发布后股价下跌，盘前交易后显示复苏。
Digital Entertainment revenue decreased 17.7% year over year to $435.56 million. Bookings improved to $536.8 million, up 21.1% year over year.
数字娱乐营业收入同比下降17.7%至43556万美元。订购量同比增长21.1%至53680万美元。
The segment's adjusted EBITDA was $302.8 million, up 26.5% Y/Y. Quarterly active users were 648.0 million, up 19% year over year. Average bookings per user were $0.83 versus $0.81 year over year.
该部门调整后的税息折旧及摊销前利润为30280万美元，同比增长26.5%。季度活跃用户数为64800万，同比增长19%。每用户平均订购金额为0.83美元，而去年同期为0.81美元。
E-commerce and other services revenue increased 30.4% Y/Y to $3.03 billion. Adjusted EBITDA for the segment overall was a $9.2 million loss versus $150.3 million a year back.
电子商务和其他服务的营业收入同比增长30.4%，至30.3亿美元。整体部门调整后的税息折旧及摊销前利润为920万美元，而去年同期为15030万美元的盈利。
Core marketplace revenue grew 41.4% year over year to $1.8 billion. Gross orders rose 40.3% year over year. GMV was $23.3 billion, increasing by 29.1% year over year.
核心市场营收同比增长41.4%，至18亿美元。毛订单同比上升40.3%。总交易金额为233亿美元，同比增长29.1%。
Digital Financial Services revenue grew 21.4% Y/Y to $519.3 million.
数字金融服务的营业收入同比增长21.4%，至51930万美元。
Sea Ltd held $9.0 billion in cash and equivalents as of June 30, 2024.
截至2024年6月30日，Sea Ltd持有90亿美元的现金和等价物。
On Shopee's 2024 outlook, Forrest Li, Sea's Chairman and Chief Executive Officer, said, "With the strong results delivered in the first half and our outlook for the rest of the year, we expect that Shopee will become adjusted EBITDA positive from the third quarter. We are also revising up our guidance for Shopee's 2024 full year GMV growth to mid-20%."
关于Shopee的2024年展望，Sea的董事长兼首席执行官Forrest Li表示：“在上半年实现的强劲业绩和我们对全年剩余时间的展望，我们预计Shopee将从第三季度开始实现调整后的税息折旧及摊销利润。我们也将Shopee 2024年全年总交易金额增长指导上调至中20%左右。”
Shopee increased the commissions it charged merchants in many core markets, also known as take rates, by about 33.33% since 2024 beginning to boost its bottom line, Bloomberg reports. It raised its commissions twice in 2024 for many of its core markets in Southeast Asia.
据彭博社报道，为了提高底线，Shopee自2024年初以来已经两次提高了在许多核心市场向商家收取的佣金，也称作提成率，提高了约33.33%。
Price Action: SE shares traded higher by 3.10% at $69.00 premarket at the last check Tuesday.
股票价格表现：截至上周二的最后一次检查，SE股票以每股69.00美元的涨幅3.10%的价格在盘前交易中上涨。