Earnings Call Summary | DouYu(DOYU.US) Q1 2024 Earnings Conference
Earnings Call Summary | DouYu(DOYU.US) Q1 2024 Earnings Conference
The following is a summary of the DouYu International Holdings Limited (DOYU) Q1 2024 Earnings Call Transcript:
以下是鬥魚國際控股有限公司（DOYU）2024年第一季度業績電話會議實錄摘要：
Financial Performance:
金融業績：
DouYu reported Q1 2024 total net revenues of RMB1.04 billion, a 29.9% decrease year-over-year.
Livestreaming revenues were RMB0.8 billion, down 41.5% from RMB1.37 billion in Q1 2023.
Advertising and other revenues increased by 109.3% to RMB238.8 million.
Gross profit was RMB109.0 million, compared to RMB176.5 million in Q1 2023, with gross margin at 10.5%.
Operating loss expanded to RMB166.9 million from an operating income of RMB27.3 million in the same quarter last year.
Net loss was RMB88 million, compared to a net income of RMB14.5 million in Q1 2023.
鬥魚報告2024年第一季度淨營業收入爲10.4億元人民幣，同比下降29.9%。
直播營收爲人民幣8億元，較去年同期的13.7億元下降41.5%。
廣告及其他收入增長109.3%，達到人民幣2.38億元。
毛利爲人民幣1.09億元，較去年同期的1.765億元下降，毛利率爲10.5%。
經營虧損從去年同期的人民幣2730萬元擴大到人民幣1.669億元。
淨虧損爲人民幣8800萬元，去年同期淨利潤爲人民幣1450萬元。
Business Progress:
業務進展：
DouYu focused on leveraging its strengths with game developers and optimizing its organizational structure.
Broadcasted nearly 30 large-scale official tournaments, enhancing gaming event content.
Implemented innovative operational strategies such as game prompt sales and a customer loyalty points system to improve user engagement.
Upgraded the app's content categorization adding a tournaments category to elevate user experience and average viewing hours.
鬥魚專注於發揮與遊戲開發者的優勢並優化其組織結構。
直播近30場大型官方比賽，增加了遊戲賽事內容。
實施創新運營策略，如遊戲快速銷售和用戶忠誠度積分體系，以提高用戶參與度。
升級應用程序的內容分類，添加了比賽類別，以提高用戶體驗和平均觀看時間。
Opportunities:
機會：
DouYu plans to significantly expand its collaboration approaches with game developers, focusing on game prompts sales and updating its game promotion model.
Intends to grow its advertising and other revenues, with an expectation that the revenue share will exceed 20% in 2024.
鬥魚計劃大幅擴大與遊戲開發者的合作方式，重點關注遊戲快速銷售和更新其遊戲推廣模式。
計劃增加廣告及其他收入，並預計其收入佔比將在2024年超過20%。
Risks:
風險：
The platform faces intense market competition, mainly from short video platforms impacting its MAUs.
Soft macroeconomic conditions continue to pose risks affecting consumer spending and livestreaming revenue.
該平台面臨着激烈的市場競爭，主要來自短視頻平台對其月活動用戶數的影響。
軟的宏觀經濟狀況繼續帶來風險，影響消費和直播收入。
More details: DouYu IR
更多詳情：鬥魚IR
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。