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JPMorgan

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- JPMorganJPMorgan
  ·2021-08-31
  wow amazing
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- JPMorganJPMorgan
  ·2021-03-05
  uninstall qtt app
  Qutoutiao's Q4 revenue in 2020 was 1.302 billion yuan, a year-on-year decrease of 21.5%
  3月4日消息，趣头条公布2020年Q4及全年财报。财报显示：2020年Q4收入下降21.5%至13.02亿元，去年同期为16.58亿元，较2020年Q3增长15.3%；2020年Q4净亏损为8180万
  Qutoutiao's Q4 revenue in 2020 was 1.302 billion yuan, a year-on-year decrease of 21.5%
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reports. The financial report shows:</p><p><ul><li>Revenue in Q4 2020 decreased by 21.5% to 1.302 billion yuan, compared with 1.658 billion yuan in the same period last year, an increase of 15.3% from Q3 2020;</li><li>The net loss in Q4 2020 was 81.8 million yuan (US $12.5 million), compared with a net loss of 551.4 million yuan in the same period last year;</li><li>Under non-GAAP, the net profit in Q4 2020 was 50.8 million yuan (US $7.8 million), compared with a net loss of 470.2 million yuan in the same period last year;</li><li>The loss per ADS in Q4 2020 was 0.26 yuan (US $0.04); Non-GAAP earnings per ADS of 0.18 yuan ($0.03)</li><li>Revenue in 2020 is 5.285 billion yuan, market expectations are 5.229 billion yuan, and 5.57 billion yuan in the same period last year;</li><li>The loss per ADS in 2020 was 3.92 yuan, compared with a loss of 9.85 yuan in the same period last year.</li></ul>In terms of operational data,</p><p><ul><li>Consolidated average MAU was 124.7 million, a 9.6% decrease from 137.9 million in the fourth quarter of 2019 and 120.5 million in the previous quarter.</li><li>Consolidated average DAU was 32.3 million, a decrease of 29.4% from 45.7 million in the fourth quarter of 2019 and 39.7 million in the prior quarter.</li><li>The average daily time per DAU was 50.3 minutes compared to 59.4 minutes in the fourth quarter of 2019 and 55.3 minutes in the previous quarter.</li></ul>In addition, Qutoutiao said that Midu had completed US $110 million in Series C financing in the fourth quarter of last year.</p><p>2020 is a year full of challenges. Faced with the uncertainty of the epidemic and the global economic situation, Qutoutiao has continuously promoted the ecological construction and IP incubation of Midu original content by improving the health of the platform, continuously optimizing the economic model, and achieved the profit goals and commitments set at the beginning of the year.</p><p>Tan Siliang, chairman and CEO of Qutoutiao, said: \"Throughout the year, we are committed to providing users with rich and interesting content, achieving sustainable business development, and achieving returns in the fourth quarter. In 2021, we will make persistent efforts to continue to enrich the content ecology, optimize algorithm technology, and promote the strong growth of users and revenue. At the same time, we will strengthen our investment and support for Midu, achieve the goal of doubling Midu users and revenue in the second half of the year, and continue to maintain our leading position in the field of free reading.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Qutoutiao's Q4 revenue in 2020 was 1.302 billion yuan, a year-on-year decrease of 21.5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQutoutiao's Q4 revenue in 2020 was 1.302 billion yuan, a year-on-year decrease of 21.5%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-04 18:41</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>According to news on March 4, Qutoutiao announced its 2020 Q4 and full-year financial reports. The financial report shows:</p><p><ul><li>Revenue in Q4 2020 decreased by 21.5% to 1.302 billion yuan, compared with 1.658 billion yuan in the same period last year, an increase of 15.3% from Q3 2020;</li><li>The net loss in Q4 2020 was 81.8 million yuan (US $12.5 million), compared with a net loss of 551.4 million yuan in the same period last year;</li><li>Under non-GAAP, the net profit in Q4 2020 was 50.8 million yuan (US $7.8 million), compared with a net loss of 470.2 million yuan in the same period last year;</li><li>The loss per ADS in Q4 2020 was 0.26 yuan (US $0.04); Non-GAAP earnings per ADS of 0.18 yuan ($0.03)</li><li>Revenue in 2020 is 5.285 billion yuan, market expectations are 5.229 billion yuan, and 5.57 billion yuan in the same period last year;</li><li>The loss per ADS in 2020 was 3.92 yuan, compared with a loss of 9.85 yuan in the same period last year.</li></ul>In terms of operational data,</p><p><ul><li>Consolidated average MAU was 124.7 million, a 9.6% decrease from 137.9 million in the fourth quarter of 2019 and 120.5 million in the previous quarter.</li><li>Consolidated average DAU was 32.3 million, a decrease of 29.4% from 45.7 million in the fourth quarter of 2019 and 39.7 million in the prior quarter.</li><li>The average daily time per DAU was 50.3 minutes compared to 59.4 minutes in the fourth quarter of 2019 and 55.3 minutes in the previous quarter.</li></ul>In addition, Qutoutiao said that Midu had completed US $110 million in Series C financing in the fourth quarter of last year.</p><p>2020 is a year full of challenges. Faced with the uncertainty of the epidemic and the global economic situation, Qutoutiao has continuously promoted the ecological construction and IP incubation of Midu original content by improving the health of the platform, continuously optimizing the economic model, and achieved the profit goals and commitments set at the beginning of the year.</p><p>Tan Siliang, chairman and CEO of Qutoutiao, said: \"Throughout the year, we are committed to providing users with rich and interesting content, achieving sustainable business development, and achieving returns in the fourth quarter. In 2021, we will make persistent efforts to continue to enrich the content ecology, optimize algorithm technology, and promote the strong growth of users and revenue. At the same time, we will strengthen our investment and support for Midu, achieve the goal of doubling Midu users and revenue in the second half of the year, and continue to maintain our leading position in the field of free reading.\"</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/af70c22743d73f4bcac813f63bfec135","relate_stocks":{"QTT":"趣头条"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135456342","content_text":"3月4日消息，趣头条公布2020年Q4及全年财报。财报显示：2020年Q4收入下降21.5%至13.02亿元，去年同期为16.58亿元，较2020年Q3增长15.3%；2020年Q4净亏损为8180万元（1250万美元），去年同期净亏损5.514亿元；非GAAP下，2020年Q4净利润5080万元（780万美元），去年同期净亏损4.702亿元；2020年Q4每ADS亏损0.26元（0.04美元）；非GAAP下每ADS盈利0.18元（0.03美元）2020年营收52.85亿元，市场预期52.29亿元，去年同期55.7亿元；2020年每ADS亏损3.92元，去年同期亏损9.85元。运营数据方面，合并平均MAU为1.247亿，较2019年第四季度的1.379亿减少了9.6％，上一季度为1.205亿。合并平均DAU为3,230万，较2019年第四季度的4,570万减少了29.4％，上一季度为3,970万。每个DAU的平均每日时间为50.3分钟，而2019年第四季度为59.4分钟，上季度为55.3分钟。另外，趣头条称米读已在去年第四季度完成了1.1亿美元C轮融资。2020年是充满挑战的一年，面对疫情和全球经济形势的不确定性，趣头条通过提升平台健康度，持续推进米读原创内容生态建设和IP孵化，不断优化经济模型，实现了年初定下的盈利目标和承诺。趣头条董事长兼CEO谭思亮表示：“ 纵观全年，我们致力于为用户提供丰富有趣的内容，实现业务的可持续发展，并在第四季度取得了回报。2021年我们将再接再厉，继续丰富内容生态，优化算法技术，推进用户及收入规模的强劲增长。同时，我们将强化对米读的投入和支持，在下半年实现米读用户和收入翻番的目标，继续保持在免费阅读领域的领军地位。”","news_type":1,"symbols_score_info":{"QTT":0.9}},"isVote":1,"tweetType":1,"viewCount":1917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}