On December 10, 36 Krypton released its third quarter earnings report. In the third quarter of fiscal year 2019, the total revenue of 36 krypton was RMB 131 million (approximately US$18.3 million), an increase of 59.1% compared to RMB 82.3 million in the same period last year.
Online advertising revenue for the third quarter of fiscal year 2019 was RMB 54.1 million (approximately $7.6 million), accounting for 41.3%; corporate value-added services revenue was RMB 64 million (approximately $9 million), accounting for 48.9%; and subscription services revenue was RMB 12.9 million (approximately $1.8 million), accounting for 9.8%.
The gross profit for the third quarter of fiscal year 2019 was RMB 55.1 million (approximately US$7.7 million), up 23.3% from RMB 44.7 million in the same period last year.
The adjusted non-GAAP net profit for the third quarter of fiscal year 2019 was RMB 13.4 million (approximately USD 1.9 million), up 22.0% from RMB 11 million in the same period last year.
In the 12-month period up to September 30, 2019, the average number of monthly visits to self-operated platforms and major third-party platforms reached 389.5 million times, an increase of 167.5% over the previous year.
In the first three quarters of 2019, total revenue of 36 krypton was RMB 333 million (approximately US$46.6 million), an increase of 115.1% compared to RMB 155 million in the same period last year.
Online advertising revenue for the first three quarters of fiscal 2019 was RMB 134 million (approximately US$18.7 million), up 30.1% from the same period last year; corporate value-added services revenue was RMB 165 million (approximately US$23.1 million), up 337.4% from the same period last year; and subscription services revenue was RMB 34.2 million (approximately US$4.8 million), up 139% from the same period last year.
In the first three quarters of FY2019, online advertising revenue accounted for 40.1%, corporate value-added service revenue accounted for 49.6%, and subscription service revenue accounted for 10.3%.
The gross profit for the first three quarters of fiscal 2019 was RMB 119 million (approximately US$16.6 million), an increase of 72.1% compared to RMB 69.1 million in the same period last year.
36 Krypton is an outstanding brand and pioneering platform dedicated to serving participants in China's new economy, with the mission of empowering participants in the new economy to achieve higher achievements. On November 8, 2019, 36 krypton officially listed on the Nasdaq.