According to the financial report released by so-young international, the company's revenue in the third quarter decreased by 3.5% year-on-year to 53 million dollars, exceeding market expectations by 0.83 million dollars; earnings per ADS were 0.03 dollars.
In the third quarter, the monthly active users (MAU) on a moving average were 1.4 million, compared to 3.1 million in the same period last year; the number of medical service providers subscribing to information services on the so-young platform was 1,322, compared to 1,397 last year. The total number of users purchasing through appointment services was 0.1149 million, and the total amount of medical beauty trades facilitated by the so-young platform was 0.346 billion yuan.
As of September 30, 2024, the company had cash and cash equivalents, restricted cash and time deposits, and short-term investments amounting to 0.1785 billion dollars.
Looking ahead, the company expects total revenue in the fourth quarter to be between 49.9 million dollars and 52.7 million dollars (equivalent to 0.35 billion yuan to 0.37 billion yuan), while market expectations are 62.3 million dollars.