BEIJING, Aug. 31,
2023 /PRNewswire/ -- 36Kr Holdings Inc.
("36Kr" or the "Company" or "We") (NASDAQ: KRKR), a prominent brand
and a pioneering platform dedicated to serving New Economy
participants in China, today
announced its unaudited financial results for the second quarter
ended June 30, 2023.
Second Quarter 2023 Highlights
- Number of followers[1] as of June
30, 2023 reached 30.5 million, an increase of 21.5% from
25.1 million as of June 30,
2022.
- Total revenues increased by 3.2% to RMB84.4 million (US$11.6
million) in the second quarter of 2023, from RMB81.7 million in the same period of 2022.
- Revenues from online advertising
services were RMB57.0 million (US$7.9 million) in the second quarter of 2023,
compared to RMB57.8 million in the same period of 2022.
- Revenues from enterprise value-added
services increased by 16.8% to RMB16.8 million (US$2.3
million) in the second quarter of 2023, from
RMB14.3 million in the same period of
2022.
- Revenues from subscription services increased by
11.4% to RMB10.6 million
(US$1.5 million) in the second
quarter of 2023, compared to RMB9.5
million in the same period of 2022.
[1] "Number
of followers" refers to the aggregate number of followers across
the official accounts we own and/or operate on various social media
and online platforms, including but not limited to Weixin, Weibo,
Zhihu, Toutiao, Xinhua Net, Douyin and Bilibili.
|
Selected Operating Data
|
|
For the Three Months
Ended
June
30,
|
|
|
2022
|
|
2023
|
Online advertising
services
|
|
|
|
|
Number of online
advertising services end customers
|
|
212
|
|
183
|
Average revenue per
online advertising services end
customer (RMB'000)[2]
|
|
272.8
|
|
311.5
|
|
|
|
|
|
Enterprise
value-added services
|
|
|
|
|
Number of enterprise
value-added services end customers
|
|
48
|
|
52
|
Average revenue per
enterprise value-added services end
customer (RMB'000)[3]
|
|
298.8
|
|
322.1
|
|
|
|
|
|
Subscription
services
|
|
|
|
|
Number of individual
subscribers
|
|
105
|
|
32
|
Average revenue per
individual subscriber (RMB)[4]
|
|
119.2
|
|
42,101.7
|
|
|
|
|
|
Number of institutional
investors
|
|
154
|
|
127
|
Average revenue per
institutional investor (RMB'000)[5]
|
|
61.7
|
|
72.9
|
|
|
|
|
|
Mr. Dagang Feng, Co-chairman and
CEO of 36Kr, commented, "In the second quarter of 2023, we
maintained a solid growth trajectory as our total revenues
continued to increase year over year amid the macro economy's
nascent recovery. Our relentless efforts to optimize our diverse
content offerings and omni-channel distribution drove the number of
our followers to over 30 million as of the end of the second
quarter of 2023, representing an increase of 21% year over year.
Moreover, we accelerated the application of AI and other
cutting-edge technologies across our business, effectively
enhancing our operational efficiency and optimizing costs.
Specifically, our application-level product, 36Kr Enterprise
Service Review Platform, provided users with more interactive,
user-friendly intelligent customer service through AI applications
and empowerment. Looking ahead, we will remain committed to
stepping up our content creation capabilities, further expanding
the depth and breadth of our service offerings, and actively
exploring AI-empowered product innovation as we gear up to seize
tremendous future growth opportunities."
Ms. Lin Wei, Chief Financial
Officer of 36Kr, added, "Our solid financial performance in the
second quarter of 2023 is a testament to our businesses' resilience
and vitality given the uncertain and evolving external environment.
Our total revenues increased by 3% year over year while our gross
margin rebounded to above the 50% level. Notably, our enterprise
value-added services and subscription services both recorded a
substantial increase year over year, growing 17% and 11%
respectively, as we made great strides in diversifying our service
offerings. While our advertising revenues remained largely stable
compared to the same period of last year, our non-advertising
revenues are contributing an increasing portion of total revenues
year over year, enhancing our business' overall balance and
structure. Moving forward, we will continue to apply innovative
technologies including generative AI and large language models to
drive our revenue growth and enhance our profitability, thereby
generating long-term sustainable value for shareholders, customers
and society as a whole."
[2] Equals
revenues generated from online advertising services for a period
divided by the number of online advertising services end customers
in the same period.
[3] Equals
revenues generated from enterprise value-added services for a
period divided by the number of enterprise value-added services end
customers in the same period.
[4] Equals
revenues generated from individual subscription services for a
period divided by the number of individual subscribers in the same
period.
[5] Equals
revenues generated from institutional investor subscription
services for a period divided by the number of institutional
investors in the same period.
|
Second Quarter 2023 Financial Results
Total revenues increased by 3.2% to RMB84.4 million (US$11.6
million) in the second quarter of 2023, from RMB81.7 million in the same period of 2022.
- Online advertising services revenues decreased by 1.4%
to RMB57.0 million (US$7.9 million) in the second quarter of 2023,
from RMB57.8 million in the same
period of 2022. The decrease was primarily because the macro economy is still
in the early stage of recovery.
- Enterprise value-added services revenues increased by
16.8% to RMB16.8 million
(US$2.3 million) in the second
quarter of 2023, from RMB14.3 million
in the same period of 2022, as we continuously developed various
proactive enterprise-level services for our customers.
- Subscription services revenues increased by 11.4% to
RMB10.6 million (US$1.5 million) in the second quarter of 2023,
compared to RMB9.5 million in the
same period of 2022. The increase was primarily attributable to our
continuous efforts to offer high-quality subscription products to
our subscribers.
Cost of revenues was RMB37.6
million (US$5.2 million) in
the second quarter of 2023, compared to RMB30.8 million in the same period of 2022. The
increase was primarily attributable to higher fulfillment costs and
content costs.
Gross profit was RMB46.7
million (US$6.4 million) in
the second quarter of 2023, compared to RMB50.9 million in the same period of 2022.
Gross profit margin was 55.4% in the second quarter of 2023,
compared to 62.3% in the same period of 2022.
Operating expenses were RMB65.1
million (US$9.0 million)
in the second quarter of 2023, compared to RMB64.6 million in the same period of 2022.
- Sales and marketing expenses were RMB33.9
million (US$4.7 million) in the
second quarter of 2023, an increase of 23.5% from RMB27.4 million in the same period of 2022. The
increase was primarily attributable to the increase in
payroll-related expenses, business travel related expenses and
share-based compensation expenses.
- General and administrative expenses were RMB17.7 million (US$2.4
million) in the second quarter of 2023, a 25.8% decrease
compared to RMB23.8 million in the
same period of 2022. The decrease was primarily attributable
to the decrease in payroll-related expenses, professional
fees, share-based compensation expenses and allowance for credit
losses.
- Research and development expenses were RMB13.6 million (US$1.9
million) in the second quarter of 2023, an increase of 1.7%
from RMB13.4 million in the same
period of 2022. The increase was primarily attributable to the
increase in payroll-related expenses as well as bandwidth and
server expenses, partially offset by the decrease in share-based
compensation expenses.
Share-based compensation expenses recognized in cost of
revenues, sales and marketing expenses, research and development
expenses, as well as general and administrative expenses totaled
RMB1.8 million (US$0.2 million) in the second quarter of 2023,
compared to RMB2.6 million in the
same period of 2022.
Other income was RMB4.8
million (US$0.7 million) in
the second quarter of 2023, compared to RMB22.7 million in the same period of 2022. The
decrease was primarily attributable to the Company's
recognition of approximately RMB 18.5
million of investment income arising from fair value change
of long-term investments in the second quarter of 2022.
Income tax expenses were RMB0.05
million (US$0.01 million) in
the second quarter of 2023, compared to RMB0.01 million in the same period of 2022.
Net loss was RMB13.7
million (US$1.9
million) in the second quarter of 2023, compared to net
income of RMB9.0 million in the same
period of 2022. Non-GAAP adjusted net loss[6] was RMB11.9 million (US$1.6
million) in the second quarter of 2023, compared to non-GAAP
adjusted net income of RMB11.6
million in the same period of 2022.
Net loss attributable to 36Kr Holdings Inc.'s ordinary
shareholders was RMB13.9
million (US$1.9
million) in the second quarter of 2023, compared to net
income attributable to 36Kr Holdings Inc.'s ordinary shareholders
of RMB8.0 million in the same period
of 2022.
Basic and diluted net loss per ADS were both
RMB0.335 (US$0.046) in the second quarter of 2023,
compared to basic and diluted net income per ADS of RMB0.195 in the same period of 2022.
Certain Balance Sheet Items
As of June 30, 2023, the Company
had cash, cash equivalents, restricted cash and short-term
investments of RMB136.5 million
(US$18.8 million), compared to
RMB169.8 million as of March 31, 2023. The decrease was mainly
attributable to net cash outflow from operating activities.
[6] Non-GAAP
adjusted income/(loss) represents net income/(loss) excluding
share-based compensation expenses.
|
Conference Call
The Company's management will host an earnings conference call
at 7:00 AM U.S. Eastern Time on
August 31, 2023 (7:00 PM Beijing/Hong Kong Time on August 31, 2023).
For participants who wish to join the call by phone, please
access the link provided below to complete the pre-registration and
dial in 5 minutes prior to the scheduled call start time. Upon
registration, each participant will receive dial-in details to join
the conference call.
Event Title:
|
36Kr Holdings Inc.
Second Quarter 2023 Earnings Conference Call
|
Pre-registration
link:
|
https://s1.c-conf.com/diamondpass/10033186-r1g0ax.html
|
Additionally, a live and archived webcast of the conference call
will be available on the Company's investor relations website
at http://ir.36kr.com.
A replay of the conference call will be available for one week
from the date of the conference, by dialing the following telephone
numbers:
United
States:
|
+1-855-883-1031
|
International:
|
+61-7-3107-6325
|
Hong Kong,
China:
|
800-930-639
|
Mainland
China:
|
400-120-9216
|
Replay PIN:
|
10033186
|
About 36Kr Holdings Inc.
36Kr Holdings Inc. is a prominent brand and a pioneering
platform dedicated to serving New Economy participants in
China with the mission of
empowering New Economy participants to achieve more. The Company
started its business with high-quality New Economy-focused content
offerings, covering a variety of industries in China's New Economy with diverse distribution
channels. Leveraging traffic brought by high-quality content, the
Company has expanded its offerings to business services, including
online advertising services, enterprise value-added services and
subscription services to address the evolving needs of New Economy
companies and upgrading needs of traditional companies. The Company
is supported by comprehensive database and strong data analytics
capabilities. Through diverse service offerings and the significant
brand influence, the Company is well-positioned to continuously
capture the high growth potentials of China's New Economy.
For more information, please visit: http://ir.36kr.com.
Use of Non-GAAP Financial Measures
In evaluating its business, the Company considers and uses two
non-GAAP measures, adjusted net income/(loss) and adjusted EBITDA,
as supplemental measures to review and assess its operating
performance. The presentation of these two non-GAAP financial
measures is not intended to be considered in isolation or as a
substitute for the financial information prepared and presented in
accordance with U.S. GAAP. The Company presents these non-GAAP
financial measures because they are used by the Company's
management to evaluate its operating performance and formulate
business plans. The Company also believes that the use of these
non-GAAP measures facilitates investors' assessment of its
operating performance.
These non-GAAP financial measures are not defined under U.S.
GAAP and are not presented in accordance with U.S. GAAP. These
non-GAAP financial measures have limitations as analytical tools.
One of the key limitations of using these non-GAAP financial
measures is that they do not reflect all items of income and
expense that affect our operations. Further, these non-GAAP
measures may differ from the non-GAAP information used by other
companies, including peer companies, and therefore their
comparability may be limited.
The Company compensates for these limitations by reconciling
these non-GAAP financial measures to the nearest U.S. GAAP
performance measure, all of which should be considered when
evaluating the Company performance. The Company encourages
investors to review its financial information in its entirety and
not rely on a single financial measure.
Adjusted net loss represents net loss excluding share-based
compensation expenses.
Adjusted EBITDA represents adjusted net income/(loss) before
interest income, interest expenses, income tax expense/(credit),
depreciation of property and equipment and amortization of
intangible assets.
For more information on these non-GAAP financial measures,
please see the table captioned "Reconciliations of GAAP and
non-GAAP results" set forth at the end of this press release.
Exchange Rate Information
This announcement contains translations of certain RMB amounts
into U.S. dollars at a specified rate solely for the convenience of
the reader. Unless otherwise noted, all translations from
Renminbi to U.S. dollars and from U.S. dollars to Renminbi are made
at a rate of RMB7.2513 to
US$1.00, the exchange rate set forth
in the H.10 statistical release of the Federal Reserve Board on of
June 30, 2023.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements.
Statements that are not historical facts, including statements
about the Company's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: the
Company's goal and strategies; the Company's future business
development, results of operations and financial condition;
relevant government policies and regulations relating to our
business and industry; the Company's expectations regarding the use
of proceeds from this offering; the Company's expectations
regarding demand for, and market acceptance of, its services; the
Company's ability to maintain and enhance its brand; the Company's
ability to provide high-quality content in a timely manner to
attract and retain users; the Company's ability to retain and hire
quality in-house writers and editors; the Company's ability to
maintain cooperation with third-party professional content
providers; the Company's ability to maintain relationship with
third-party platforms; general economic and business condition in
China; possible disruptions in
commercial activities caused by natural or human-induced disasters;
and assumptions underlying or related to any of the foregoing.
Further information regarding these and other risks is included in
the Company's filings with the SEC. All information provided in
this press release and in the attachments is as of the date of this
press release, and the Company undertakes no obligation to update
any forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
In China:
36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 8965-0708
E-mail: ir@36kr.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com
36Kr Holdings
Inc.
|
UNAUDITED CONDENSED
CONSOLIDATED BALANCE SHEETS
|
|
|
March
31,
|
|
June
30,
|
|
June
30,
|
2023
|
2023
|
2023
|
|
RMB'000
|
|
RMB'000
|
|
US$'000
|
|
|
|
|
|
|
Assets
|
|
|
|
|
|
Current
assets:
|
|
|
|
|
|
Cash and cash
equivalents
|
109,717
|
|
98,106
|
|
13,529
|
Restricted
cash
|
100
|
|
100
|
|
14
|
Short–term
investments
|
59,949
|
|
38,245
|
|
5,274
|
Accounts receivable,
net
|
138,588
|
|
156,858
|
|
21,632
|
Receivables due from
related parties
|
319
|
|
320
|
|
45
|
Prepayments and other
current assets
|
19,053
|
|
28,384
|
|
3,914
|
Total current
assets
|
327,726
|
|
322,013
|
|
44,408
|
Non–current
assets:
|
|
|
|
|
|
Property and
equipment, net
|
2,300
|
|
2,269
|
|
313
|
Intangible assets,
net
|
1,210
|
|
1,193
|
|
165
|
Long-term
investments
|
139,943
|
|
139,718
|
|
19,268
|
Operating lease
right-of-use assets, net
|
26,600
|
|
24,547
|
|
3,385
|
Total non–current
assets
|
170,053
|
|
167,727
|
|
23,131
|
Total
assets
|
497,779
|
|
489,740
|
|
67,539
|
|
|
|
|
|
|
Liabilities
|
|
|
|
|
|
Current
liabilities:
|
|
|
|
|
|
Accounts
payable
|
45,141
|
|
43,055
|
|
5,938
|
Salary and welfare
payables
|
28,969
|
|
38,412
|
|
5,297
|
Taxes
payable
|
6,993
|
|
4,740
|
|
654
|
Deferred
revenue
|
25,920
|
|
27,781
|
|
3,831
|
Amounts due to related
parties
|
1,077
|
|
1,067
|
|
147
|
Accrued liabilities
and other payables
|
25,636
|
|
18,410
|
|
2,539
|
Short-term bank
loan
|
9,950
|
|
14,950
|
|
2,062
|
Operating lease
liabilities
|
34,363
|
|
34,477
|
|
4,755
|
Total current
liabilities
|
178,049
|
|
182,892
|
|
25,223
|
Non-current
liabilities:
|
|
|
|
|
|
Operating lease
liabilities
|
11,326
|
|
8,667
|
|
1,195
|
Other non-current
liabilities
|
505
|
|
394
|
|
54
|
Total non-current
liabilities
|
11,831
|
|
9,061
|
|
1,249
|
Total
liabilities
|
189,880
|
|
191,953
|
|
26,472
|
|
|
|
|
|
|
Shareholders'
equity
|
|
|
|
|
|
Ordinary
shares
|
694
|
|
694
|
|
96
|
Treasury
stock
|
(12,010)
|
|
(11,578)
|
|
(1,597)
|
Additional paid-in
capital
|
2,063,432
|
|
2,063,375
|
|
284,552
|
Accumulated
deficit
|
(1,744,580)
|
|
(1,758,517)
|
|
(242,510)
|
Accumulated other
comprehensive loss
|
(6,259)
|
|
(4,707)
|
|
(649)
|
Total 36Kr Holdings
Inc.'s shareholders' equity
|
301,277
|
|
289,267
|
|
39,892
|
Non-controlling
interests
|
6,622
|
|
8,520
|
|
1,175
|
Total shareholders'
equity
|
307,899
|
|
297,787
|
|
41,067
|
Total liabilities
and shareholders' equity
|
497,779
|
|
489,740
|
|
67,539
|
|
|
|
|
|
|
36Kr Holdings
Inc.
|
UNAUDITED CONDENSED
CONSOLIDATED STATEMENTS OF COMPREHENSIVE
INCOME/(LOSS)
|
|
|
Three Months Ended
|
|
Six Months Ended
|
|
June 30,
|
|
June 30,
|
|
June 30,
|
|
June 30,
|
|
June 30,
|
|
June 30,
|
2022
|
|
2023
|
|
2023
|
2022
|
|
2023
|
|
2023
|
|
RMB'000
|
|
RMB'000
|
|
US$'000
|
|
RMB'000
|
|
RMB'000
|
|
US$'000
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
Online
advertising services
|
57,844
|
|
57,009
|
|
7,862
|
|
95,440
|
|
98,888
|
|
13,637
|
Enterprise
value-added services
|
14,342
|
|
16,750
|
|
2,310
|
|
23,679
|
|
26,768
|
|
3,691
|
Subscription services
|
9,522
|
|
10,604
|
|
1,462
|
|
12,195
|
|
14,232
|
|
1,963
|
Total revenues
|
81,708
|
|
84,363
|
|
11,634
|
|
131,314
|
|
139,888
|
|
19,291
|
Cost of
revenues
|
(30,792)
|
|
(37,648)
|
|
(5,192)
|
|
(54,681)
|
|
(70,049)
|
|
(9,660)
|
Gross
profit
|
50,916
|
|
46,715
|
|
6,442
|
|
76,633
|
|
69,839
|
|
9,631
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
Sales and
marketing expenses
|
(27,415)
|
|
(33,852)
|
|
(4,668)
|
|
(57,099)
|
|
(64,836)
|
|
(8,941)
|
General
and administrative expenses
|
(23,818)
|
|
(17,673)
|
|
(2,437)
|
|
(13,814)
|
|
(34,866)
|
|
(4,808)
|
Research
and development expenses
|
(13,353)
|
|
(13,579)
|
|
(1,873)
|
|
(27,122)
|
|
(29,037)
|
|
(4,004)
|
Total operating
expenses
|
(64,586)
|
|
(65,104)
|
|
(8,978)
|
|
(98,035)
|
|
(128,739)
|
|
(17,753)
|
Loss from
operations
|
(13,670)
|
|
(18,389)
|
|
(2,536)
|
|
(21,402)
|
|
(58,900)
|
|
(8,122)
|
Other income/(expenses):
|
|
|
|
|
|
|
|
|
|
|
|
Share of
(loss)/income from equity method investments
|
1,040
|
|
(38)
|
|
(5)
|
|
354
|
|
(307)
|
|
(42)
|
Gain on
disposal of a subsidiary
|
-
|
|
-
|
|
-
|
|
38,019
|
|
-
|
|
-
|
Long-term
investment income
|
18,464
|
|
-
|
|
-
|
|
18,464
|
|
-
|
|
-
|
Short-term
investment income
|
558
|
|
450
|
|
62
|
|
1,186
|
|
776
|
|
107
|
Government
grant
|
1,644
|
|
315
|
|
43
|
|
2,435
|
|
795
|
|
110
|
Others,
net
|
1,008
|
|
4,051
|
|
559
|
|
2,604
|
|
4,763
|
|
657
|
(Loss)/income before income
tax
|
9,044
|
|
(13,611)
|
|
(1,877)
|
|
41,660
|
|
(52,873)
|
|
(7,290)
|
Income tax
(expenses)/credit
|
(10)
|
|
(45)
|
|
(6)
|
|
(5)
|
|
190
|
|
26
|
Net (loss)/income
|
9,034
|
|
(13,656)
|
|
(1,883)
|
|
41,655
|
|
(52,683)
|
|
(7,264)
|
Net
loss/(income) attributable to non-controlling interests
|
(1,001)
|
|
(281)
|
|
(39)
|
|
(640)
|
|
375
|
|
52
|
Net (loss)/income attributable to 36Kr Holdings
Inc.'s
ordinary
shareholders
|
8,033
|
|
(13,937)
|
|
(1,922)
|
|
41,015
|
|
(52,308)
|
|
(7,212)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net (loss)/income
|
9,034
|
|
(13,656)
|
|
(1,883)
|
|
41,655
|
|
(52,683)
|
|
(7,264)
|
Other comprehensive income
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency
translation adjustments
|
1,999
|
|
1,552
|
|
214
|
|
1,832
|
|
1,153
|
|
159
|
Total other comprehensive
income
|
1,999
|
|
1,552
|
|
214
|
|
1,832
|
|
1,153
|
|
159
|
Total comprehensive
(loss)/income
|
11,033
|
|
(12,104)
|
|
(1,669)
|
|
43,487
|
|
(51,530)
|
|
(7,105)
|
Comprehensive
loss/(income) attributable to non-
controlling interests
|
(1,001)
|
|
(281)
|
|
(39)
|
|
(640)
|
|
375
|
|
52
|
Comprehensive
(loss)/income attributable to 36Kr
Holdings Inc.'s ordinary
shareholders
|
10,032
|
|
(12,385)
|
|
(1,708)
|
|
42,847
|
|
(51,155)
|
|
(7,053)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net (loss)/income per ordinary share
(RMB)
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
0.008
|
|
(0.013)
|
|
(0.002)
|
|
0.040
|
|
(0.050)
|
|
(0.007)
|
Diluted
|
0.008
|
|
(0.013)
|
|
(0.002)
|
|
0.040
|
|
(0.050)
|
|
(0.007)
|
Net (loss)/income per ADS (RMB)
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
0.195
|
|
(0.335)
|
|
(0.046)
|
|
0.996
|
|
(1.258)
|
|
(0.173)
|
Diluted
|
0.195
|
|
(0.335)
|
|
(0.046)
|
|
0.996
|
|
(1.258)
|
|
(0.173)
|
Weighted average number of ordinary shares used
in
per share calculation
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
1,029,808,877
|
|
1,040,044,317
|
|
1,040,044,317
|
|
1,029,197,448
|
|
1,039,599,446
|
|
1,039,599,446
|
Diluted
|
1,029,808,877
|
|
1,040,044,317
|
|
1,040,044,317
|
|
1,029,197,448
|
|
1,039,599,446
|
|
1,039,599,446
|
Weighted average number of ADS used in per ADS
calculation
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
41,192,355
|
|
41,601,773
|
|
41,601,773
|
|
41,167,898
|
|
41,583,978
|
|
41,583,978
|
Diluted
|
41,192,355
|
|
41,601,773
|
|
41,601,773
|
|
41,167,898
|
|
41,583,978
|
|
41,583,978
|
36Kr Holdings
Inc.
|
UNAUDITED
RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS
|
|
|
Three Months
Ended
|
|
Six Months
Ended
|
|
June
30,
2022
|
|
June
30,
2023
|
|
June
30,
2023
|
|
June
30,
2022
|
|
June
30,
2023
|
|
June
30,
2023
|
|
RMB'000
|
|
RMB'000
|
|
US$'000
|
|
RMB'000
|
|
RMB'000
|
|
US$'000
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
(loss)/income
|
9,034
|
|
(13,656)
|
|
(1,883)
|
|
41,655
|
|
(52,683)
|
|
(7,264)
|
Share-based
compensation expenses
|
2,581
|
|
1,766
|
|
244
|
|
6,693
|
|
3,707
|
|
511
|
Non-GAAP adjusted
net (loss)/income
|
11,615
|
|
(11,890)
|
|
(1,639)
|
|
48,348
|
|
(48,976)
|
|
(6,753)
|
Interest income,
net
|
(108)
|
|
(320)
|
|
(44)
|
|
(241)
|
|
(684)
|
|
(94)
|
Income tax
expenses/(credit)
|
10
|
|
45
|
|
6
|
|
5
|
|
(190)
|
|
(26)
|
Depreciation and
amortization expenses
|
471
|
|
343
|
|
47
|
|
944
|
|
693
|
|
96
|
Non-GAAP adjusted
EBITDA
|
11,988
|
|
(11,822)
|
|
(1,630)
|
|
49,056
|
|
(49,157)
|
|
(6,777)
|
View original
content:https://www.prnewswire.com/news-releases/36kr-holdings-inc-reports-second-quarter-2023-unaudited-financial-results-301914597.html
SOURCE 36Kr Holdings Inc.