BEIJING, Feb. 5, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO), a leading mobile social and entertainment player in China, has launched the native immersive social app inSpaze for Apple Vision Pro in the U.S. inSpaze, the brand-new app specially developed for visionOS, is now available for all Apple Vision Pro users. With technologies such as 3Ds, Reality Converter, Reality Composer Pro, etc., the native spatial computing app inSpaze allows users to connect with Apple Vision Pro users globally, along ...

One stock that might be an intriguing choice for investors right now is Hello Group Inc. (MOMO) . This is because this security in the Internet – Software space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Intern ...

Hello Group Inc. (NASDAQ:MOMO) Q3 2023 Earnings Conference Call December 8, 2023 8:00 AM ET Company Participants Ashley Jing - Head of IR Yan Tang - CEO Zhang Sichuan - COO Hui Peng - CFO Conference Call Participants Leo Chiang - Deutsche Bank Xueqing Zhang - CICC Thomas Chong - Jefferies Operator Ladies and gentlemen, thank you for standing by, and welcome to Third Quarter 2023 Hello Group Inc. Earnings Conference Call. All participants are in a listen-only mode. There will be a presentation followed by a ...

Revenue Performance - Net revenues decreased by 5.9% year over year to RMB3,042.8 million (US$417.1 million) in Q3 2023[2] - Total net revenues for Q3 2023 were RMB 3,042,847 thousand (US$ 417,057 thousand), a decrease of 5.9% compared to RMB 3,233,021 thousand in Q3 2022[34] - The company expects total net revenues for Q4 2023 to be between RMB2.9 billion to RMB3.0 billion, representing a decrease of 9.7% to 6.6% year over year[22] - Total net revenues for the first nine months of 2023 reached RMB 8,999,391 (US$ 1,233,469), with live video service contributing RMB 4,548,986 (US$ 623,490) and value-added service contributing RMB 4,327,678 (US$ 593,158)[56] - Total net revenues for the first nine months of 2022 were RMB 9,491,514 (US$ 1,334,296), with live video service contributing RMB 4,786,232 (US$ 672,838) and value-added service contributing RMB 4,557,481 (US$ 640,681)[61] Net Income and Profitability - Net income attributable to Hello Group Inc. increased to RMB546.4 million (US$74.9 million) in Q3 2023, up from RMB450.8 million in Q3 2022[2] - Net income attributable to shareholders for Q3 2023 was RMB 546,428 thousand (US$ 74,894 thousand), an increase of 21.2% compared to RMB 450,835 thousand in Q3 2022[34] - Non-GAAP net income attributable to Hello Group Inc. increased to RMB605.9 million (US$83.0 million) in Q3 2023, up from RMB535.8 million in Q3 2022[2] - Comprehensive income attributable to Hello Group Inc. for Q3 2023 was RMB 551,338 thousand (US$ 75,568 thousand), an increase of 119.9% compared to RMB 250,697 thousand in Q3 2022[36] - Net income attributable to Hello Group Inc. on a Non-GAAP basis was RMB 605.9 million (US$ 83.0 million) in Q3 2023, compared to RMB 535.8 million in 2022[42] - Non-GAAP net income for Q3 2023 was RMB 601,637 thousand, with Momo segment contributing RMB 595,876 thousand and Tantan segment contributing RMB 26,604 thousand[49] - Net income for Q3 2023 was RMB 542,165 thousand, with Momo segment contributing RMB 540,008 thousand and Tantan segment contributing RMB 23,000 thousand[46] - Non-GAAP net income for the first nine months of 2023 was RMB 1,704,103 (US$ 233,566), reflecting a strong performance despite challenges in certain segments[59] - Net income (loss) for the first nine months of 2023 was RMB 1,499,226 (US$ 205,485), with Momo contributing RMB 1,471,435 (US$ 205,485) and Tantan contributing RMB 56,577 (US$ 7,764)[56] - Non-GAAP net income for the first nine months of 2022 was RMB 1,083,001 (US$ 152,245), reflecting a decline compared to 2023 due to higher expenses and lower contributions from certain segments[63] - Total net income for the first nine months of 2022 was RMB 1,083,001 (US$ 152,245)[64] - Non-GAAP net income for Momo was RMB 1,727,382, with Tantan reporting a non-GAAP net loss of RMB 316,766[64] User Metrics - Monthly Active Users (MAU) on Tantan app were 15.7 million in September 2023, down from 20.9 million in September 2022[2] - Total paying users for Momo app were 7.8 million in Q3 2023, compared to 8.4 million in Q3 2022[2] Segment Performance - Live video service revenues decreased by 7.6% year over year to RMB1,530.8 million (US$209.8 million) in Q3 2023[5] - Value-added service revenues decreased by 4.6% year over year to RMB1,466.7 million (US$201.0 million) in Q3 2023[6] - Live video service revenue for Q3 2023 was RMB 1,530,797 thousand (US$ 209,813 thousand), a decrease of 7.6% compared to RMB 1,657,531 thousand in Q3 2022[34] - Value-added service revenue for Q3 2023 was RMB 1,466,727 thousand (US$ 201,031 thousand), a decrease of 4.6% compared to RMB 1,537,666 thousand in Q3 2022[34] - Mobile marketing revenue for Q3 2023 was RMB 30,705 thousand (US$ 4,208 thousand), an increase of 8.7% compared to RMB 28,243 thousand in Q3 2022[34] - Total net revenues for Q3 2023 reached RMB 3,042,847 thousand, with Live video service contributing RMB 1,530,797 thousand and Value-added service contributing RMB 1,466,727 thousand[46] - Cost of revenues for Q3 2023 was RMB 1,771,530 thousand, with Momo segment accounting for RMB 1,606,261 thousand and Tantan segment accounting for RMB 145,346 thousand[46] - Research and development expenses for Q3 2023 totaled RMB 201,693 thousand, with Momo segment contributing RMB 151,649 thousand and Tantan segment contributing RMB 50,044 thousand[46] - Sales and marketing expenses for Q3 2023 were RMB 373,942 thousand, with Momo segment accounting for RMB 298,919 thousand and Tantan segment accounting for RMB 71,978 thousand[46] - Non-GAAP income from operations for Q3 2023 was RMB 681,229 thousand, with Momo segment contributing RMB 674,507 thousand and Tantan segment contributing RMB 27,582 thousand[49] - Income from operations for Q3 2023 was RMB 621,757 thousand, with Momo segment contributing RMB 618,639 thousand and Tantan segment contributing RMB 23,978 thousand[46] - Operating income for Momo reached RMB 1,572,131, while Tantan reported a loss of RMB 337,521[64] - Total operating income for the first nine months of 2022 was RMB 1,218,317 (US$ 171,267)[64] - Non-GAAP operating income for Momo was RMB 1,861,408, with Tantan reporting a non-GAAP loss of RMB 315,258[64] - Net income for Momo was RMB 1,438,105, while Tantan recorded a net loss of RMB 339,029[64] Expenses and Costs - Research and development expenses for Q3 2023 were RMB 201,693 thousand (US$ 27,644 thousand), a decrease of 17.7% compared to RMB 245,105 thousand in Q3 2022[34] - Sales and marketing expenses for Q3 2023 were RMB 373,942 thousand (US$ 51,253 thousand), a decrease of 19.9% compared to RMB 467,012 thousand in Q3 2022[34] - Research and development expenses on a Non-GAAP basis were RMB 186.7 million (US$ 25.6 million) in Q3 2023, down from RMB 223.4 million in 2022[42] - General and administrative expenses on a Non-GAAP basis were RMB 76.5 million (US$ 10.5 million) in Q3 2023, compared to RMB 82.6 million in 2022[42] - Total cost and expenses for Q3 2023 were RMB 2,461,061 thousand, with Momo segment accounting for RMB 2,162,168 thousand and Tantan segment accounting for RMB 273,024 thousand[46] - Research and development expenses for the first nine months of 2023 totaled RMB 653,145 (US$ 89,521), indicating continued investment in innovation[56] - Total cost and expenses for the first nine months of 2023 amounted to RMB 7,395,656 (US$ 1,013,660), with cost of revenues being the largest component at RMB 5,255,277 (US$ 720,296)[56] - Research and development expenses for the first nine months of 2022 totaled RMB 733,562 (US$ 103,123), showing a decrease compared to 2023[61] Cash Flow and Financial Position - Net cash provided by operating activities in Q3 2023 was RMB582.5 million (US$79.8 million), up from RMB444.5 million in Q3 2022[18] - Net cash provided by operating activities increased to RMB 582.5 million (US$ 79.8 million) in Q3 2023, up from RMB 444.5 million in 2022[40] - Net cash used in investing activities was RMB 346.8 million (US$ 47.5 million) in Q3 2023, compared to a net cash outflow of RMB 24.3 million in 2022[40] - Proceeds from long-term borrowings in Q3 2023 were RMB 2.15 billion (US$ 295.2 million), contributing to a net cash inflow from financing activities of RMB 2.01 billion (US$ 275.3 million)[40] - Cash, cash equivalents, and restricted cash at the end of Q3 2023 stood at RMB 7.64 billion (US$ 1.05 billion), up from RMB 3.62 billion at the end of 2022[40] - Cash and cash equivalents decreased from RMB 5,018,129 in December 2022 to RMB 4,994,558 in September 2023, a decrease of 0.47%[38] - Short-term deposits decreased significantly from RMB 5,300,000 in December 2022 to RMB 1,885,005 in September 2023, a decrease of 64.43%[38] - Total current assets decreased from RMB 11,724,547 in December 2022 to RMB 8,109,557 in September 2023, a decrease of 30.83%[38] - Long-term deposits increased from RMB 2,600,000 in December 2022 to RMB 3,809,200 in September 2023, an increase of 46.51%[38] - Total assets increased slightly from RMB 15,829,587 in December 2022 to RMB 16,171,417 in September 2023, an increase of 2.16%[38] - Total current liabilities decreased from RMB 4,738,247 in December 2022 to RMB 2,179,949 in September 2023, a decrease of 53.99%[38] - Long-term borrowings increased from RMB 0 in December 2022 to RMB 1,938,385 in September 2023[38] - Shareholder's equity increased from RMB 10,930,638 in December 2022 to RMB 11,719,168 in September 2023, an increase of 7.21%[38] - Accounts receivable increased slightly from RMB 188,711 in December 2022 to RMB 192,849 in September 2023, an increase of 2.19%[38] - Property and equipment, net increased from RMB 172,984 in December 2022 to RMB 358,361 in September 2023, an increase of 107.17%[38] Share Repurchase and Compensation - As of December 8, 2023, the company has repurchased 16.2 million ADSs for US$86.1 million under its share repurchase program[21] - Share-based compensation for Q3 2023 was RMB 59.5 million (US$ 8.2 million), a decrease from RMB 85.0 million in 2022[42] - Share-based compensation for Q3 2023 totaled RMB 59,472 thousand, allocated across cost of revenues (RMB 1,211 thousand), R&D (RMB 14,993 thousand), sales and marketing (RMB 5,854 thousand), and general and administrative expenses (RMB 37,414 thousand)[47] - Share-based compensation allocated to cost of revenues and operating expenses for the first nine months of 2023 was RMB 204,877 (US$ 28,081)[57] - Share-based compensation for Momo was RMB 289,277, and Tantan reported RMB 22,263[64] - Total share-based compensation for the first nine months of 2022 was RMB 311,540 (US$ 43,797)[64] Depreciation and Other Financial Metrics - Depreciation of property and equipment decreased to RMB 17.5 million (US$ 2.4 million) in Q3 2023, down from RMB 27.0 million in 2022[40] - Income from operations on a Non-GAAP basis increased to RMB 681.2 million (US$ 93.4 million) in Q3 2023, up from RMB 605.1 million in 2022[42] - As of September 30, 2023, the number of ordinary shares outstanding was 379,881,912[37]

Exhibit 99.1 Hello Group Inc. Announces Unaudited Financial Results for the Second Quarter of 2023 BEIJING, CHINA, August 31, 2023 – Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced its unaudited financial results for the second quarter of 2023. Second Quarter of 2023 Highlights • Net revenues increased by 0.9% year over year to RMB3,137.7 million (US$432.7 million*) in the second quarter of 2023. • Net income attr ...

Hello Group Inc. (NASDAQ:MOMO) Q2 2023 Earnings Conference Call August 31, 2023 8:00 AM ET Company Participants Ashley Jing - Head of Investor Relations Tang Yan - Chief Executive Officer Zhang Sichuan - Chief Ooperating Officer Hui Peng - Chief Financial Officer Conference Call Participants Thomas Chong - Jefferies Raphael Chen - BOCI Research Xueqing Zhang - CICC Operator Ladies and gentlemen, thank you for standing by and welcome to Second Quarter 2023 Hello Group Inc. Earnings Conference Call. All parti ...

Exhibit 99.1 Hello Group Inc. Announces Unaudited Financial Results for the First Quarter of 2023 BEIJING, CHINA, June 6, 2023 – Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced its unaudited financial results for the first quarter of 2023. First Quarter of 2023 Highlights • Net revenues decreased by 10.5% year over year to RMB2,818.9 million (US$410.5 million*) in the first quarter of 2023. • Net income attributab ...

Hello Group Inc. (NASDAQ:MOMO) Q4 2023 Earnings Conference Call June 6, 2023 8:00 AM ET Company Participants Ashley Jing - Head of Investor Relations Tang Yan - Chief Executive Officer Peng Hui - Chief Financial Officer Conference Call Participants Xueqing Zhang - CICC Raphael Chen - BOCI Thomas Chong - Jefferies Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2023 Hello Group, Inc. Earnings Conference Call. Please note the conference is being recorded today. I wou ...

Table of Contents 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 1934 For the transition period from to or ☐ SHELL COMPANY REPORT PURSUANT TO SE ...

Hello Group Inc. (NASDAQ:MOMO) Q4 2022 Results Conference Call March 16, 2023 8:00 AM ET Company Participants Ashley Jing - Head, IR Tang Yan - CEO Peng Hui - CFO Conference Call Participants Leo Chiang - Deutsche Bank Thomas Chong - Jefferies Xueqing Zhang - CICC Henry So - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to Fourth Quarter and Fiscal Year 2022 Hello Group Inc. Earnings Conference Call. All participants are in a listen-only mode. There will be a presentation fo ...