Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the
“Company”), a consumer tech company providing mobile device
charging service, today announced its unaudited financial results
for the quarter and fiscal year ended December 31, 2022.
HIGHLIGHTS FOR THE FOURTH QUARTER OF
2022
- As of December 31, 2022, the
Company’s services were available in 997 thousand POIs, compared
with 956 thousand as of September 30, 2022.
- As of December 31, 2022, 52.5% of
POIs were operated through our network partner model, compared with
47.4% as of September 30, 2022.
- As of December 31, 2022, the
Company’s available-for-use power banks2 were 6.7 million, compared
with 6.4 million as of September 30, 2022.
- As of December 31, 2022, cumulative
registered users reached 333.7 million, with 8.4 million newly
registered users acquired during the quarter.
“The year 2022 presented our operation with
significant challenges due to the impact of COVID-19 outbreaks,”
said Mars Guangyuan Cai, Chairman and Chief Executive Officer.
“Despite this, we remained committed to our customers and partners,
delivering high-quality services throughout the pandemic. Our
team's adaptability and dedication allowed us to emerge stronger
than ever coming out of the three-year pandemic. The lifting of
COVID-19 restrictions in China in mid-December 2022 marked a
turning point for our industry, setting the stage for a strong
recovery and growth in 2023. We are confident in the outlook
of the mobile device charging service industry in China and remain
committed to delivering sustainable and long-term value to our
stakeholders.”
“We continued to focus on expanding our mobile
device charging network through a combination of the direct and
network partner models in 2022 and throughout the pandemic,” said
Peifeng Xu, Chief Operating Officer. “These models provide us with
the flexibility we need to navigate through challenging conditions
and expand the coverage of our service. Our network effect
continued to benefit from economies of scale, allowing us to more
efficiently attract users, location partners, and network partners.
We have also been innovating new synergies between the two models
to promote collaboration and extract higher levels of operating
efficiency. As we move forward, we will continue to leverage the
strengths of both models to drive growth and innovation in the
industry.”
“Despite the impact of COVID-19, we maintained a
strong financial health in 2022 with our positive operating cash
flow and robust balance sheet,” said Maria Yi Xin, Chief Financial
Officer. “We achieved this by reducing the amount of fixed expenses
across our operation which negatively weigh-down our profitability
during periods of external impact on revenue. We also continue to
find ways to improve the economics of our operation. Notably,
the production and implementation of the new version of our cabinet
featuring improved functionality and
significantly reduced cost allow us to increase the efficiency
of our operation under the direct model and attract more partners
under the network partner model. With the recovery from COVID-19 in
progress, we are confident that we can gradually return to our
pre-COVID-19 levels of efficiency and create value for our
shareholders.”
FINANCIAL RESULTS FOR THE FOURTH QUARTER
OF 2022
Revenues were RMB595.6 million
(US$86.4 million3) for the fourth quarter of 2022, representing a
28.8% decrease from the same period in 2021. The decrease was
primarily due to the decrease in revenues from mobile device
charging business as a result of the impact of COVID-19 during the
quarter.
- Revenues from mobile device
charging business decreased by 29.5% to RMB572.7 million
(US$83.0 million) for the fourth quarter of 2022 from RMB812.1
million in the same period of 2021. The decrease was primarily
attributable to the impact of COVID-19 during the fourth quarter of
2022, which resulted in a significant decline in general offline
foot traffic in China due to COVID-19 restrictions and infections
in certain regions of China.
- Revenues from power bank
sales decreased by 20.1% to RMB15.1 million (US$2.2
million) for the fourth quarter of 2022 from RMB18.9 million in the
same period of 2021. The decrease was primarily attributable to the
impact of COVID-19 during the fourth quarter of 2022, which
resulted in a significant decline in general offline foot traffic
in China due to COVID-19 restrictions and infections in certain
regions of China.
- Revenues from other
revenues, which mainly comprise of revenue from
advertising services and new business initiatives, increased by
49.4% to RMB7.8 million (US$1.1 million) for the fourth quarter of
2022 from RMB5.2 million in the same period of 2021. The increase
was primarily attributable to the increase in advertisement
efficiency and new business initiatives.
Cost of revenues decreased by
8.5% to RMB141.0 million (US$20.4 million) for the fourth quarter
of 2022 from RMB154.1 million in the same period last year. The
decrease was primarily due to the decrease in maintenance costs,
accessory cost and cost of power banks sold, which was partially
offset by the increase in depreciation cost.
Research and development
expenses decreased by 34.1% to RMB15.6 million (US$2.3
million) for the fourth quarter of 2022 from RMB23.6 million in the
same period last year. The decrease was primarily due to the
decrease in personnel related expenses.
Sales and marketing expenses
decreased by 9.8% to RMB635.2 million (US$92.1 million) for the
fourth quarter of 2022 from RMB704.3 million in the same period
last year. The decrease was primarily due to the decrease in entry
fees and incentive fees paid to location partners and personnel
related expenses, which was partially offset by the increase in
incentive fees paid to network partners.
General and administrative
expenses decreased by 13.9% to RMB27.1 million (US$3.9
million) for the fourth quarter of 2022 from RMB31.5 million in the
same period last year. The decrease was primarily due to the
decrease in personnel related expenses.
Loss from operations for the
fourth quarter of 2022 was RMB233.9 million (US$33.9 million),
compared to a loss from operations of RMB69.4 million in the same
period last year. The loss from operations was attributable to the
impact of COVID-19 during the fourth quarter of 2022, which
resulted in a significant decline in general offline foot traffic
in China due to COVID-19 restrictions and infections in certain
regions of China.
Income tax expenses for the
fourth quarter of 2022 was RMB114.5 million (US$16.6 million),
compared to nil in the same period last year. The increase was
primarily due to the change in reserves for uncertain tax
positions.
Net loss for the fourth quarter
of 2022 was RMB334.5 million (US$48.5 million), compared to a net
loss of RMB68.5 million in the same period last year.
Adjusted net
loss4 for the fourth quarter of 2022 was
RMB327.2 million (US$47.4 million), compared to an adjusted net
loss of RMB61.3 million in the same period last year.
Net loss attributable to ordinary
shareholders for the fourth quarter of 2022 was RMB334.5
million (US$48.5 million), compared to a net loss attributable to
ordinary shareholders of RMB68.5 million in the same period last
year.
As of December 31, 2022, the Company
had cash and cash equivalents, restricted cash and
short-term investments of RMB3.1
billion (US$445.9 million).
FINANCIAL RESULTS FOR FISCAL YEAR
2022
Revenues were RMB2.8 billion
(US$411.5 million) in 2022, representing a 20.8% year-over-year
decrease. The decrease was primarily due to the decrease in
revenues from mobile device charging business as a result of the
impact of COVID-19 during the fiscal year 2022.
- Revenues from mobile device
charging business decreased by 20.3% to RMB2.8 billion
(US$399.3 million) in 2022, compared to RMB3.5 billion in 2021. The
decrease was primarily due to the impact of COVID-19 in 2022, which
resulted in a significant decline in general offline foot traffic
in China due to COVID-19 restrictions and infections in certain
regions of China.
- Revenues from power bank
sales decreased by 42.2% to RMB59.5 million (US$8.6
million) in 2022, compared to RMB102.9 million in 2021. The
decrease was primarily due to the impact of COVID-19 in 2022, which
resulted in a significant decline in general offline foot traffic
in China due to COVID-19 restrictions and infections in certain
regions of China.
- Revenues from other
revenues, which mainly comprise of revenue from
advertising services and new business initiatives, decreased by
8.1% to RMB24.6 million (US$3.6 million) in 2022, compared to
RMB26.7 million in 2021. The decrease was primarily due to the
decrease in user traffic as a result of the impact of COVID-19 in
2022.
Cost of revenues remained
stable at RMB556.9 million (US$80.7 million) in 2022, compared to
RMB557.2 million in 2021.
Research and development
expenses decreased by 3.4% to RMB90.7 million (US$13.1
million) in 2022, compared to RMB93.9 million in 2021. The decrease
was primarily due to the decrease in system and personnel related
expenses.
Sales and marketing expenses
decreased by 8.1% to RMB2.7 billion (US$393.3 million) in 2022,
compared to RMB3.0 billion in 2021. The decrease was primarily due
to the decrease in entry fees and incentive fees paid to location
partners and, personnel related expenses, which was partially
offset by the increase in incentive fees paid to network
partners.
General and administrative
expenses decreased by 5.5% to RMB112.4 million (US$16.3
million) in 2022, compared to RMB119.0 million in 2021. The
decrease was primarily due to the decrease in personnel related
expenses, which was partially offset by the increase in
professional service expenses.
Loss from operations was
RMB621.2 million (US$90.1 million) in 2022, compared to a loss from
operations of RMB109.0 million in 2021. The loss from operations
was primarily attributable to the impact of COVID-19 in 2022, which
resulted in a significant decline in general offline foot traffic
in China due to COVID-19 restrictions and infections in certain
regions of China.
Income tax expenses was
RMB114.5 million (US$16.6 million) in 2022, compared to nil in
2021. The increase was primarily due to the change in reserves for
uncertain tax positions.
Net loss was RMB711.2 million
(US$103.1 million) in 2022, compared to a net loss of RMB124.6
million in 2021.
Adjusted net loss was RMB683.0
million (US$99.0 million) in 2022, compared to an adjusted net loss
of RMB93.9 million in 2021.
Net loss attributable to ordinary
shareholders was RMB711.2 million (US$103.1 million) in
2022, compared to a net loss attributable to ordinary shareholders
of RMB5.0 billion in 2021.
BUSINESS OUTLOOKFor the first
quarter of 2023 ended March 31, 2023, the Company expects to
generate RMB815 million of revenues. This forecast considers the
potential impact of the ongoing COVID-19 outbreaks and reflects the
Company’s current and preliminary views on the market and
operational conditions, which are subject to change, particularly
as to the potential impact of COVID-19 on the economy in China.
CONFERENCE CALL INFORMATIONThe
company will hold a conference call at 8:00 A.M. Eastern Time on
Friday, April 21, 2023 (8:00 P.M. Beijing Time on Friday, April 21,
2023) to discuss the financial results. Upon registration, each
participant will receive dial-in details to join the conference
call.
Event Title: Energy Monster Fourth Quarter and
Fiscal Year 2022 Earnings Conference CallPre-registration link:
https://s1.c-conf.com/diamondpass/10030191-j03g2t.html
Participants may also access the call via
webcast: https://edge.media-server.com/mmc/p/kap3vxyo
A telephone replay will be available through
April 28, 2023. The dial-in details are as follows:
International: |
+61-7-3107-6325 |
United States: |
+1-855-883-1031 |
Mainland China: |
+86-400-120-9216 |
China Hong Kong: |
+852-800-930-639 |
|
|
Access Code: |
10030191 |
A live and archived webcast of the conference
call will also be available at the Company's investor relations
website at https://ir.enmonster.com/
ABOUT SMART SHARE GLOBAL
LIMITEDSmart Share Global Limited (Nasdaq: EM), or Energy
Monster, is a consumer tech company with the mission to energize
everyday life. The Company is the largest provider of mobile device
charging service in China with the number one market share. The
Company provides mobile device charging service through its power
banks, which are placed in POIs such as entertainment venues,
restaurants, shopping centers, hotels, transportation hubs and
public spaces. Users may access the service by scanning the QR
codes on Energy Monster’s cabinets to release the power banks. As
of December 31, 2022, the Company had 6.7 million power banks in
997,000 POIs across more than 1,800 counties and county-level
districts in China.
CONTACT USInvestor
RelationsHansen Shiir@enmonster.com
SAFE HARBOR STATEMENTThis press
release contains forward-looking statements. These statements are
made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. In some cases,
forward-looking statements can be identified by words or phrases
such as "may," "will," "expect," "anticipate," "target," "aim,"
"estimate," "intend," "plan," "believe," "potential," "continue,"
"is/are likely to," or other similar expressions. Among other
things, the business outlook and quotations from management in this
announcement, as well as the Company’s strategic and operational
plans, contain forward-looking statements. The Company may also
make written or oral forward-looking statements in its reports
filed with, or furnished to, the U.S. Securities and Exchange
Commission ("SEC"), in its annual reports to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. 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, and 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: Energy
Monster’s strategies; its future business development, financial
condition and results of operations; the impact of technological
advancements on the pricing of and demand for its services;
competition in the mobile device charging service industry; Chinese
governmental policies and regulations affecting the mobile device
charging service industry; changes in its revenues, costs or
expenditures; the risk that COVID-19 or other health risks in China
or globally could adversely affect its operations or financial
results; general economic and business conditions globally and in
China and assumptions underlying or related to any of the
foregoing. Further information regarding these and other risks,
uncertainties or factors is included in the Company’s filings with
the SEC. All information provided in this press release is as of
the date of this press release, and the Company does not undertake
any duty to update such information, except as required under
applicable law.
NON-GAAP FINANCIAL MEASUREIn
evaluating its business, the Company considers and uses non-GAAP
adjusted net income/(loss) in reviewing and assessing its operating
performance. The presentation of this non-GAAP financial measure 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 this non-GAAP financial
measure because it is used by management to evaluate operating
performance and formulate business plans. The Company believes that
this non-GAAP financial measure helps identify underlying trends in
its business, provide further information about its results of
operations, and enhance the overall understanding of its past
performance and future prospects.
Non-GAAP financial measures are not defined
under U.S. GAAP and are not presented in accordance with
U.S. GAAP, and have limitations as analytical tools. The
Company’s non-GAAP financial measure does not reflect all items of
expenses that affect its operations and does not represent the
residual cash flow available for discretionary expenditures.
Further, the Company’s non-GAAP measure may differ from the
non-GAAP information used by other companies, including peer
companies, and therefore its comparability may be limited. The
Company compensates for these limitations by reconciling its
non-GAAP financial measure to the nearest U.S. GAAP
performance measure, which should be considered when evaluating
performance. Investors and others are encouraged to review the
Company’s financial information in its entirety and not rely on a
single financial measure.
The Company defines non-GAAP adjusted net
income/(loss) as net income/(loss) excluding share-based
compensation expenses. For more information on the non-GAAP
financial measure, please see the table captioned “Unaudited
Reconciliation of GAAP and Non-GAAP Results” set forth at the end
of this press release.
______________________________________________
1 The Company defines number of points of
interests, or POIs, as of a certain day as the total number of
unique locations whose proprietors (location partners) have entered
into contracts with the Company or its network partners on that
day.2 The Company defines available-for-use power banks as of a
certain date as the number of power banks in circulation on that
day.3 The U.S. dollar (US$) amounts disclosed in this press
release, except for those transaction amounts that were actually
settled in U.S. dollars, are presented solely for the convenience
of the readers. The conversion of Renminbi (RMB) into US$ in this
press release is based on the exchange rate set forth in the H.10
statistical release of the Board of Governors of the Federal
Reserve System as of December 30, 2022, which was RMB6.8972 to
US$1.0000. The percentages stated in this press release are
calculated based on the RMB amounts.4 See the sections entitled
“Non-GAAP Financial Measure” and “Unaudited Reconciliation of GAAP
and Non-GAAP Results” in this press release for more
information.
|
Smart Share
Global Limited |
Unaudited
Consolidated Balance Sheets |
(In
thousands, except share and per share data, unless otherwise
noted) |
|
|
|
|
|
|
|
|
|
December 31, 2021 |
|
December 31, 2022 |
|
December 31, 2022 |
RMB |
RMB |
US$ |
|
|
|
ASSETS |
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
Cash and cash equivalents |
|
1,296,924 |
|
|
948,773 |
|
|
137,559 |
|
Restricted cash |
|
19,671 |
|
|
14,608 |
|
|
2,118 |
|
Short-term investments |
|
1,418,721 |
|
|
2,091,198 |
|
|
303,195 |
|
Accounts receivable, net |
|
14,881 |
|
|
16,482 |
|
|
2,390 |
|
Notes receivable |
|
5,622 |
|
|
- |
|
|
- |
|
Inventory |
|
4,373 |
|
|
1,051 |
|
|
152 |
|
Prepayments and other current assets |
|
487,540 |
|
|
228,672 |
|
|
33,154 |
|
|
|
|
|
|
|
|
Total current assets |
|
3,247,732 |
|
|
3,300,784 |
|
|
478,568 |
|
|
|
|
|
|
|
|
Non-current assets: |
|
|
|
|
|
|
Long-term restricted cash |
|
20,000 |
|
|
21,000 |
|
|
3,045 |
|
Property, equipment and software, net |
|
945,226 |
|
|
886,460 |
|
|
128,525 |
|
Long-term prepayments to related parties |
|
20,037 |
|
|
71 |
|
|
10 |
|
Right-of-use assets, net* |
|
- |
|
|
12,442 |
|
|
1,804 |
|
Other non-current assets |
|
164,986 |
|
|
35,898 |
|
|
5,204 |
|
Deferred tax assets, net |
|
- |
|
|
30,986 |
|
|
4,493 |
|
|
|
|
|
|
|
|
Total non-current assets |
|
1,150,249 |
|
|
986,857 |
|
|
143,081 |
|
|
|
|
|
|
|
|
Total assets |
|
4,397,981 |
|
|
4,287,641 |
|
|
621,649 |
|
|
|
|
|
|
|
|
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS'
EQUITY |
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
Accounts and notes payable |
|
551,751 |
|
|
810,197 |
|
|
117,468 |
|
Amounts due to related parties-current |
|
23,290 |
|
|
- |
|
|
- |
|
Salary and welfare payable |
|
120,444 |
|
|
111,274 |
|
|
16,133 |
|
Taxes payable |
|
10,195 |
|
|
147,367 |
|
|
21,366 |
|
Financing payable-current |
|
84,175 |
|
|
76,272 |
|
|
11,058 |
|
Current portion of lease liabilities* |
|
- |
|
|
9,761 |
|
|
1,415 |
|
Accruals and other current liabilities |
|
238,510 |
|
|
268,007 |
|
|
38,858 |
|
|
|
|
|
|
|
|
Total current liabilities |
|
1,028,365 |
|
|
1,422,878 |
|
|
206,298 |
|
|
|
|
|
|
|
|
Non-current liabilities: |
|
|
|
|
|
|
Financing payable-non-current |
|
85,658 |
|
|
32,281 |
|
|
4,680 |
|
Non-current lease liabilities* |
|
- |
|
|
854 |
|
|
124 |
|
Amounts due to related parties-non-current |
|
1,000 |
|
|
1,000 |
|
|
145 |
|
Other non-current liabilities |
|
16,489 |
|
|
189,323 |
|
|
27,449 |
|
Deferred tax liabilities, net |
|
34,445 |
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
Total non-current liabilities |
|
137,592 |
|
|
223,458 |
|
|
32,398 |
|
|
|
|
|
|
|
|
Total liabilities |
|
1,165,957 |
|
|
1,646,336 |
|
|
238,696 |
|
|
|
|
|
|
|
|
SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
Ordinary shares |
|
347 |
|
|
347 |
|
|
50 |
|
Treasury stock |
|
(27,784 |
) |
|
(6,816 |
) |
|
(988 |
) |
Additional paid-in capital |
|
11,799,301 |
|
|
11,786,482 |
|
|
1,708,879 |
|
Statutory reserves |
|
16,593 |
|
|
16,593 |
|
|
2,406 |
|
Accumulated other comprehensive income |
|
51,556 |
|
|
163,928 |
|
|
23,767 |
|
Accumulated deficit |
|
(8,607,989 |
) |
|
(9,319,229 |
) |
|
(1,351,161 |
) |
|
|
|
|
|
|
|
Total shareholders' equity |
|
3,232,024 |
|
|
2,641,305 |
|
|
382,953 |
|
|
|
|
|
|
|
|
Total liabilities and shareholders' equity |
|
4,397,981 |
|
|
4,287,641 |
|
|
621,649 |
|
|
|
|
|
|
|
|
* On 1 January
2022, the Company adopted ASC 842, Leases and used the additional
transition method to initially apply this new lease standard at the
adoption date. Right-of-use assets and lease liabilities were
recognized on the Company's consolidated financial
statements. |
|
Smart Share
Global Limited |
Unaudited
Consolidated Statements of Comprehensive
Income/(Loss) |
(In
thousands, except share and per share data, unless otherwise
noted) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended December 31, |
|
Twelve months ended December 31, |
|
|
2021 |
|
2022 |
|
2021 |
|
2022 |
|
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
Mobile device charging business |
|
812,072 |
|
|
572,720 |
|
|
83,037 |
|
|
3,455,797 |
|
|
2,754,143 |
|
|
399,313 |
|
Power bank sales |
|
18,873 |
|
|
15,085 |
|
|
2,187 |
|
|
102,857 |
|
|
59,476 |
|
|
8,623 |
|
Others |
|
5,232 |
|
|
7,815 |
|
|
1,133 |
|
|
26,737 |
|
|
24,571 |
|
|
3,562 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenues |
|
836,177 |
|
|
595,620 |
|
|
86,357 |
|
|
3,585,391 |
|
|
2,838,190 |
|
|
411,498 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues |
|
(154,070 |
) |
|
(140,953 |
) |
|
(20,436 |
) |
|
(557,177 |
) |
|
(556,923 |
) |
|
(80,746 |
) |
Research and development expenses |
|
(23,612 |
) |
|
(15,565 |
) |
|
(2,257 |
) |
|
(93,882 |
) |
|
(90,655 |
) |
|
(13,144 |
) |
Sales and marketing expenses |
|
(704,277 |
) |
|
(635,199 |
) |
|
(92,095 |
) |
|
(2,950,972 |
) |
|
(2,712,330 |
) |
|
(393,251 |
) |
General and administrative expenses |
|
(31,516 |
) |
|
(27,148 |
) |
|
(3,936 |
) |
|
(118,973 |
) |
|
(112,403 |
) |
|
(16,297 |
) |
Other operating income/(loss) |
|
7,889 |
|
|
(10,682 |
) |
|
(1,549 |
) |
|
26,614 |
|
|
12,876 |
|
|
1,867 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss
from operations |
|
(69,409 |
) |
|
(233,927 |
) |
|
(33,916 |
) |
|
(108,999 |
) |
|
(621,245 |
) |
|
(90,073 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest and investment income |
|
15,378 |
|
|
11,212 |
|
|
1,626 |
|
|
30,560 |
|
|
52,389 |
|
|
7,596 |
|
Interest expense to third parties |
|
(7,673 |
) |
|
(4,624 |
) |
|
(670 |
) |
|
(38,051 |
) |
|
(31,282 |
) |
|
(4,535 |
) |
Foreign exchange (loss)/gain, net |
|
(6,778 |
) |
|
7,271 |
|
|
1,054 |
|
|
(7,935 |
) |
|
3,787 |
|
|
549 |
|
Other income/(loss), net |
|
2 |
|
|
(4 |
) |
|
(1 |
) |
|
(190 |
) |
|
(413 |
) |
|
(60 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss
before income tax expense |
|
(68,480 |
) |
|
(220,072 |
) |
|
(31,907 |
) |
|
(124,615 |
) |
|
(596,764 |
) |
|
(86,523 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense |
|
- |
|
|
(114,476 |
) |
|
(16,597 |
) |
|
- |
|
|
(114,476 |
) |
|
(16,597 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
loss |
|
(68,480 |
) |
|
(334,548 |
) |
|
(48,504 |
) |
|
(124,615 |
) |
|
(711,240 |
) |
|
(103,120 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Accretion of convertible redeemable preferred shares |
|
- |
|
|
- |
|
|
- |
|
|
(4,729,719 |
) |
|
- |
|
|
- |
|
Deemed dividend to preferred shareholders |
|
- |
|
|
- |
|
|
- |
|
|
(104,036 |
) |
|
- |
|
|
- |
|
Net
loss attributable to ordinary shareholders of Smart Share Global
Limited |
|
(68,480 |
) |
|
(334,548 |
) |
|
(48,504 |
) |
|
(4,958,370 |
) |
|
(711,240 |
) |
|
(103,120 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss)/income |
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation adjustments, net of nil tax |
|
(23,697 |
) |
|
(31,734 |
) |
|
(4,601 |
) |
|
(150,267 |
) |
|
112,372 |
|
|
16,292 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive loss |
|
(92,177 |
) |
|
(366,282 |
) |
|
(53,105 |
) |
|
(274,882 |
) |
|
(598,868 |
) |
|
(86,828 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Accretion of convertible redeemable preferred shares |
|
- |
|
|
- |
|
|
- |
|
|
(4,729,719 |
) |
|
- |
|
|
- |
|
Deemed dividend to preferred shareholders |
|
- |
|
|
- |
|
|
- |
|
|
(104,036 |
) |
|
- |
|
|
- |
|
Comprehensive loss attributable to ordinary shareholders of
Smart Share Global Limited |
|
(92,177 |
) |
|
(366,282 |
) |
|
(53,105 |
) |
|
(5,108,637 |
) |
|
(598,868 |
) |
|
(86,828 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of ordinary shares used in
computing net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
-
basic and diluted |
|
518,534,809 |
|
|
518,821,908 |
|
|
518,821,908 |
|
|
406,567,584 |
|
|
518,307,406 |
|
|
518,307,406 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
loss per share attributable to ordinary shareholders |
|
|
|
|
|
|
|
|
|
|
|
|
-
basic and diluted |
|
(0.13 |
) |
|
(0.64 |
) |
|
(0.09 |
) |
|
(12.20 |
) |
|
(1.37 |
) |
|
(0.20 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
loss per ADS attributable to ordinary shareholders |
|
|
|
|
|
|
|
|
|
|
|
|
-
basic and diluted |
|
(0.26 |
) |
|
(1.28 |
) |
|
(0.18 |
) |
|
(24.38 |
) |
|
(2.74 |
) |
|
(0.40 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Smart Share
Global Limited |
Unaudited
Reconciliation of GAAP and Non-GAAP Results |
(In
thousands, except share and per share data, unless otherwise
noted) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended December 31, |
|
Twelve months ended December 31, |
|
2021 |
|
2022 |
|
2021 |
|
2022 |
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
(68,480 |
) |
|
(334,548 |
) |
|
(48,504 |
) |
|
(124,615 |
) |
|
(711,240 |
) |
|
(103,120 |
) |
Add: |
|
|
|
|
|
|
|
|
|
|
|
Share-based compensation |
7,200 |
|
|
7,377 |
|
|
1,070 |
|
|
30,711 |
|
|
28,245 |
|
|
4,095 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjusted net loss (non-GAAP) |
(61,280 |
) |
|
(327,171 |
) |
|
(47,434 |
) |
|
(93,904 |
) |
|
(682,995 |
) |
|
(99,025 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Smart Share Global (NASDAQ:EM)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Smart Share Global (NASDAQ:EM)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024