DOYU Q1 2020 Earnings Report — DouYu International Holdings Limited Revenue & Financial Results | Market Cap Arena

DouYu International Holdings LimitedDOYU

Q1 2020 Earnings

Reported April 28, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2020	Q4 2019	Q1 2019	QoQ Change	YoY Change
Revenue	$333M	$301M	—	10.4%	—
Op. Income	$32M	$18M	—	75.4%	—
Gross Margin	21.3%	18.2%	—	3.1pp	—
Net Margin	11.4%	7.8%	—	3.6pp	—
EPS (Diluted)	$1.15	$0.69	—	66.3%	—

Revenue Flow

Item	Amount
REVENUE	$333M
Cost of Revenue	$262M
GROSS PROFIT	$71M
R&D Expenses	$14M
Selling & Marketing	$16M
General & Administrative	$12M
SG&A Expenses	$28M
Other Expenses	-$1M
Operating Expenses	$39M
Cost & Expenses	$301M
OPERATING INCOME	$32M
Interest Income	$7M
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$29M
Income Tax Expense	-$8M
Net Income from Continuing Ops	$37M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$38M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$3M
EBIT	$32M
EBITDA	$35M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$333M
Cost of Revenue	$262M
GROSS PROFIT	$71M
R&D Expenses	$14M
Selling & Marketing	$16M
General & Administrative	$12M
SG&A Expenses	$28M
Other Expenses	-$1M
Operating Expenses	$39M
Cost & Expenses	$301M
OPERATING INCOME	$32M
Interest Income	$7M
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$29M
Income Tax Expense	-$8M
Net Income from Continuing Ops	$37M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$38M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$3M
EBIT	$32M
EBITDA	$35M
EPS	$1
EPS Diluted	$1

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$0
Net Receivables	$35M
Inventory	$13M
Other Current Assets	$42M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$18M
Goodwill	$5M
Intangible Assets	$28M
Long-Term Investments	$41M
Tax Assets	$0
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$94M
TOTAL ASSETS	$1.3B
Account Payables	$166M
Short-Term Debt	$0
Deferred Revenue	$30M
Other Current Liabilities	$66M
TOTAL CURRENT LIABILITIES	$291M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$6M
TOTAL NON-CURRENT LIABILITIES	$13M
TOTAL LIABILITIES	$304M
Common Stock	$3.2K
Additional Paid-In Capital	$1.5B
Retained Earnings	-$451M
Treasury Stock	-$102M
Accum. Other Comp. Income	$78M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$633.0K
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$12M
Net Debt	-$1.1B