On March 28, Monster Charging (EM.US) announced unaudited performance reports for the fourth quarter and full year of 2023:2023 revenue was 3 billion yuan.
The Zhitong Finance App learned that on March 28, Monster Charging (EM.US) released an unaudited performance report for the fourth quarter and full year of 2023:2023 revenue was 3 billion yuan (note: Starting from the second quarter of 2023, confirmation of Monster Charging Agency business revenue was adjusted from full amount to net amount), an increase of 4.2% over the previous year. Under non-US accounting standards (Non-Gaap), Monster Charging's adjusted net profit in 2023 was 108 million yuan. Compared with a net loss of 683 million yuan in 2022, it strongly turned a loss into a profit.
As of December 31, 2023, Monster Charging had a total of 1,234,000 POI (points) nationwide, with a cumulative total of 391.5 million registered users and 9.2 million online shared power banks. In 2023, the mobile charging business GMV increased by more than 27% year-on-year, and the annual order volume reached 656 million.