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BILIBILI(BILI) - 2023 Q2 - Earnings Call Presentation
2023-08-17 12:13
Investor Presentation August 2023 ...
BILIBILI(BILI) - 2023 Q2 - Quarterly Report
2023-06-01 16:00
Exhibit 99.1 Bilibili Inc. Announces First Quarter 2023 Financial Results SHANGHAI, June 1, 2023 — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights: • Total net revenues were RMB5.1 billion (US$738.2 million), representing an increase of 0.3% from the same period of 2022. Revenues from ...
BILIBILI(BILI) - 2023 Q1 - Earnings Call Transcript
2023-06-01 15:38
Financial Data and Key Metrics Changes - Total net revenue for Q1 2023 was RMB5.1 billion, flat compared to the same period last year [17] - Gross profit increased by 37% year-over-year to RMB1.1 billion, with gross margin improving to 22% from 16% [17][18] - Net loss narrowed by 72% year-over-year to RMB630 million, with a net loss ratio of 12%, down from 45% a year ago [18] Business Line Data and Key Metrics Changes - Advertising revenue grew by 22% year-over-year to RMB1.3 billion, driven by improvements in ad infrastructure [13][17] - VAS revenue increased by 5% year-over-year to RMB2.2 billion, primarily due to growth in live broadcasting [12] - Game revenue for Q1 was RMB1.1 billion, with plans to release eight new titles in domestic markets [14] - Revenue from IP derivatives decreased by 15% year-over-year to RMB510 million, but margins improved significantly [15] Market Data and Key Metrics Changes - Daily Active Users (DAUs) grew by 18% year-over-year to 93.7 million, while Monthly Active Users (MAUs) reached 315 million [5][17] - The DAU to MAU ratio improved to 29.7% from 27% a year ago [5] - Average daily time spent on the platform remained stable at 96 minutes, with monthly interactions up 15% year-over-year to 14.2 billion [10] Company Strategy and Development Direction - The company aims to improve commercialization efficiency and narrow losses, focusing on high-quality DAU growth [4][22] - Plans to expand the creator base and enhance monetization opportunities for content creators [6][8] - Continued investment in ad infrastructure, live broadcasting integration, and exploring AIGC opportunities [6][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving break-even targets and improving financial metrics [4] - The advertising market in China is expected to achieve double-digit growth, with Bilibili capturing more market share [26] - The gaming industry is anticipated to see regular issuance of licenses, benefiting Bilibili's distribution capabilities [50] Other Important Information - The company has a strong cash position with RMB19.4 billion (US$2.8 billion) available to cover liabilities and fund operations [18] - The 2022 annual ESG report highlights the company's commitment to social responsibility and community building [15] Q&A Session Summary Question: User growth outlook and strategy - Management emphasized a quality-oriented approach to user growth, focusing on DAU rather than MAU, with a goal to improve retention and engagement [22][23] Question: Advertisement growth and strategy - Management noted a 22% year-over-year growth in ad revenue, driven by improvements in ad products and efficiency, and expressed confidence in capturing more market share [26][27] Question: Live streaming business strategy - Management highlighted the integration of live streaming with video content, noting significant growth in both areas and optimistic about future prospects [35][39] Question: Monetization for content creators - Management clarified efforts to improve monetization for creators, stating that 1.5 million creators earned income in Q1, up 50% year-over-year [43][45] Question: Gaming pipeline and outlook - Management shared plans for launching 13 games in the coming quarters, with a focus on high-quality self-developed titles [50][51] Question: Measures for improving gross profit margin - Management outlined strategies for improving gross margin through operational efficiency and cost control, with a focus on maintaining a healthy revenue mix [56]
BILIBILI(BILI) - 2022 Q4 - Annual Report
2023-04-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...
BILIBILI(BILI) - 2023 Q1 - Quarterly Report
2023-03-02 16:00
Exhibit 99.1 Bilibili Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results SHANGHAI, March 2, 2023 — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter and Fiscal Year 2022 Highlights: • Total net revenues were RMB6.1 billion (US$890.6 million) in the fourth quarter ...
BILIBILI(BILI) - 2022 Q4 - Earnings Call Transcript
2023-03-02 14:05
Bilibili Inc. (NASDAQ:BILI) Q4 2022 Earnings Conference Call March 2, 2023 7:00 AM ET Company Participants Juliet Yang - Executive Director, Investor Relations Sam Fan - Chief Financial Officer Rui Chen - Chairman of the Board & Chief Executive Officer Carly Li - Vice Chairwoman of the Board & Chief Operating Officer Conference Call Participants Daniel Chen - JPMorgan Xueqing Zhang - CICC Yiwen Zhang - China Renaissance Lei Zhang - Bank of America Merrill Lynch Lincoln Kong - Goldman Sachs Operator Good day ...
BILIBILI(BILI) - 2022 Q4 - Earnings Call Presentation
2023-03-02 13:30
Investor Presentation March 2023 ...
BILIBILI(BILI) - 2022 Q2 - Earnings Call Transcript
2022-09-08 16:44
Bilibili Inc. (NASDAQ:BILI) Q2 2022 Results Conference Call September 8, 2022 8:00 AM ET Company Participants Juliet Yang - SD, IR Ni Li - VC of the Board of Directors, COO Rui Chen - Chairman of the Board, CEO Xin Fan - CFO Conference Call Participants Brian Gong - Citi Lei Zhang - Bank of America Daniel Chen - JP Morgan Xueqing Zhang - CICC Operator Good day, and welcome to Bilibili's Second Quarter 2022 Financial Results and Business Update Conference Call. Today's conference is being recorded. At this t ...
BILIBILI(BILI) - 2022 Q3 - Quarterly Report
2022-09-08 16:00
Exhibit 99.1 Bilibili Inc. Announces Second Quarter 2022 Financial Results SHANGHAI, September 8, 2022 — Bilibili Inc. ("Bilibili" or the "Company") (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights: • Total net revenues reached RMB4.9 billion (US$732.9 million), a 9% increase from the same period in 2021. • Average monthly acti ...
BILIBILI(BILI) - 2022 Q1 - Earnings Call Presentation
2022-06-09 18:20
انطاناتط 1 Investor Presentation June 2022 Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue," or other similar expressions. Among other things, the Effect ...