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Earnings Call Summary | Hello Group(MOMO.US) Q1 2024 Earnings Conference

Earnings Call Summary | Hello Group(MOMO.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Hello Group (MOMO.US) 2024 年第一季度業績發佈會
moomoo AI ·  05/28 14:21  · 電話會議

The following is a summary of the Hello Group Inc. (MOMO) Q1 2024 Earnings Call Transcript:

以下是Hello Group Inc.(MOMO)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Hello Group Inc. reported a total Q1 2024 group revenue of RMB2.56 billion, down 9% year-over-year and 17% sequentially.

  • The profit margin slightly increased by 1.8 percentage points year-over-year to 20.1%, but sequentially it saw a decrease of 2 percentage points.

  • Non-GAAP operating income was RMB515 million, representing a decrease of 0.6% from Q1 2023.

  • Revenue from Tantan decreased 22% year-over-year to RMB241 million. However, its adjusted operating income went up by 92% year-over-year.

  • They reported non-GAAP net income of RMB59.9 million, but excluding one-off tax expenses, the net income would have been RMB508.5 million, up 8% year-over-year.

  • Hello Group Inc.報告稱,2024年第一季度集團總收入爲人民幣25.6億元,同比下降9%,環比下降17%。

  • 利潤率同比略有增長1.8個百分點至20.1%,但連續下降了2個百分點。

  • 非公認會計准則營業收入爲 RMB515 百萬美元,比 2023 年第一季度下降了 0.6%。

  • 坦坦的收入同比下降22%,至 RMB241 百萬美元。但是,其調整後的營業收入同比增長了92%。

  • 他們報告的非公認會計准則淨收入爲人民幣5,990萬元,但不包括一次性稅收支出,淨收入將爲人民幣5.085億元,同比增長8%。

Business Progress:

業務進展:

  • On strategic priorities, the firm is focusing on maintaining Q4 progress, upgrading core gamified play, and enriching the brand portfolio.

  • Tantan, their dating app, is working on an upgraded version for long-term improvements in user experiences.

  • The firm is focusing on expanding organically through improving brand recognition, enhancing anti-spam capabilities, and increasing communication efficiency of matching users.

  • Overseas business is growing rapidly, significantly contributing to the 52% year-over-year increase in standalone app revenue, achieved through improved collaboration with KOLs, and product localization.

  • Hello Group plans to mitigate future challenges by entering new markets and beefing up the operational team, even if it may put pressure on short-term overseas business profits.

  • Q1 2024 revenue is expected to range from RMB2.65 billion to RMB2.75 billion, a decrease of 15.5% to 12.4% year-on-year, or an increase of 3.5% to 7.4% quarter-on-quarter.

  • 在戰略優先事項方面,該公司專注於保持第四季度的進展、升級核心遊戲化遊戲和豐富品牌組合。

  • 他們的約會應用程序Tantan正在開發升級版本,以長期改善用戶體驗。

  • 該公司專注於通過提高品牌知名度、增強反垃圾郵件能力和提高匹配用戶的溝通效率來實現有機擴張。

  • 海外業務快速增長,這爲獨立應用程序收入同比增長52%做出了重大貢獻,這是通過改善與KOL的合作和產品本地化實現的。

  • Hello Group計劃通過進入新市場和加強運營團隊來緩解未來的挑戰,即使這可能會給短期海外業務利潤帶來壓力。

  • 2024年第一季度收入預計將在人民幣26.5億元至27.5億元人民幣之間,同比下降15.5%至12.4%,同比增長3.5%至7.4%。

More details: Hello Group IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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