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）報告2024財年第二季度營業收入同比增長23.0%，達到38.1億美元，超出分析師平均預期的37.2億美元。
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.
每股收益爲0.14美元，同比下降0.40美元，低於分析師平均預估的0.15美元。隨着報告發布後股價下跌，盤前交易後顯示覆蘇。
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.
數字娛樂營業收入同比下降17.7%至43556萬美元。訂購量同比增長21.1%至53680萬美元。
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.
該部門調整後的稅息折舊及攤銷前利潤爲30280萬美元，同比增長26.5%。季度活躍用戶數爲64800萬，同比增長19%。每用戶平均訂購金額爲0.83美元，而去年同期爲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.
電子商務和其他服務的營業收入同比增長30.4%，至30.3億美元。整體部門調整後的稅息折舊及攤銷前利潤爲920萬美元，而去年同期爲15030萬美元的盈利。
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.
核心市場營收同比增長41.4%，至18億美元。毛訂單同比上升40.3%。總交易金額爲233億美元，同比增長29.1%。
Digital Financial Services revenue grew 21.4% Y/Y to $519.3 million.
數字金融服務的營業收入同比增長21.4%，至51930萬美元。
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90億美元的現金和等價物。
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%."
關於Shopee的2024年展望，Sea的董事長兼首席執行官Forrest Li表示：「在上半年實現的強勁業績和我們對全年剩餘時間的展望，我們預計Shopee將從第三季度開始實現調整後的稅息折舊及攤銷利潤。我們也將Shopee 2024年全年總交易金額增長指導上調至中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.
據彭博社報道，爲了提高底線，Shopee自2024年初以來已經兩次提高了在許多核心市場向商家收取的佣金，也稱作提成率，提高了約33.33%。
Price Action: SE shares traded higher by 3.10% at $69.00 premarket at the last check Tuesday.
股票價格表現：截至上週二的最後一次檢查，SE股票以每股69.00美元的漲幅3.10%的價格在盤前交易中上漲。