Bilibili Inc. announces results for the fourth quarter and the whole year of 2020:
The revenue of Q4 was 3.84 billion yuan, with a previous value of 2.008 billion yuan, an increase of 91% over the same period last year.
The number of monthly active users of Q4 reached 202 million, while the number of mobile users reached 186 million, up 55% and 61% respectively from the same period last year.
The number of daily active users reached 54 million, an increase of 42% over the same period last year.
Revenue in 2020 was 11.998 billion yuan, compared with 6.778 billion yuan in the same period last year.
The net loss of Q4 in 2020 was 828 million yuan, compared with 383 million yuan in the same period last year.
The adjusted net loss of Q4 in 2020 was 681 million yuan, compared with 336 million yuan in the same period last year.
The loss per share in 2020 was 8.71 yuan, compared with 3.39 yuan in the same period last year.
Q4 lost 2.34 yuan per share, compared with 1.17 yuan in the same period last year.
Apart from the number of active users, our monthly paying users doubled to a record 17.9 million in the fourth quarter, with a payment rate of 8.9 per cent, said Fan Xin, CFO of Bilibili Inc..
After the announcement of the financial results, Bilibili Inc. 's share price rose more than 4% after trading, and then narrowed down.
Attached:Bilibili Inc. Q4 performance announcement
Edit / Ray