Earnings Call Summary | Sea(SE.US) Q1 2024 Earnings Conference
Earnings Call Summary | Sea(SE.US) Q1 2024 Earnings Conference
The following is a summary of the Sea Limited (SE) Q1 2024 Earnings Call Transcript:
以下是Sea Limited（SE）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Sea Limited reported a total Q1 2024 revenue of $3.7 billion, representing an increase of 23% year-on-year largely due to GMV growth in e-commerce and credit business developments.
Shopee, their e-commerce platform, saw a revenue growth of 33% year-on-year and narrowed its adjusted EBITDA loss to $22 million.
The digital financial services sector observed a revenue increase of 21% and a growth in adjusted EBITDA of 50%.
Garena, under the digital entertainment sector, registered bookings increased by 11% year-on-year.
However, Sea Limited experienced a loss of $23 million in net income versus Q1 2023's net income of $87 million.
Sea Limited報告稱，2024年第一季度總收入爲37億美元，同比增長23％，這主要是由於電子商務和信貸業務發展的GMV增長。
他們的電子商務平台Shopee的收入同比增長33％，並將調整後的息稅折舊攤銷前利潤虧損縮小至2200萬美元。
數字金融服務行業收入增長了21％，調整後的息稅折舊攤銷前利潤增長了50％。
數字娛樂領域的Garena的註冊預訂量同比增長了11％。
但是，Sea Limited的淨收入虧損了2300萬美元，而2023年第一季度的淨收入爲8700萬美元。
Business Progress:
業務進展：
Shopee achieved its maximum ever quarterly order, GMV, and revenue, and is the leading live streaming e-commerce platform in Indonesia.
Priorities for 2024 includes improving price competitiveness, enhancing the content ecosystem, and progressing buyer services.
The credit business of SeaMoney has been instrumental to the company's revenue and profit growth.
The company expects GMV growth in high single-digits in 2024 and foresees a 2-3% long-term EBITDA.
Sea Limited plans to expand its financial operations outside the Shopee ecosystem by introducing new lending products.
Efforts are being made to attract more users to their game, Free Fire, and to optimize unit economics in Shopee.
Investments are being made in technology to enhance the efficiency of the supply chain and the rollout of new services such as on-time guaranteed deliveries.
Shopee實現了有史以來最大的季度訂單、GMV和收入，是印度尼西亞領先的直播電子商務平台。
2024年的優先事項包括提高價格競爭力、增強內容生態系統和推進買家服務。
SeaMoney的信貸業務對公司的收入和利潤增長起到了重要作用。
該公司預計，2024年的GMV將實現高個位數的增長，並預計長期息稅折舊攤銷前利潤爲2-3％。
Sea Limited計劃通過推出新的貸款產品來擴大其在Shopee生態系統之外的金融業務。
正在努力吸引更多用戶使用他們的遊戲《Free Fire》，並優化Shopee中的單位經濟性。
正在對技術進行投資，以提高供應鏈的效率，並推出保證按時交付等新服務。
More details: Sea IR
更多詳情： 海上紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。