QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the
“Company”), a leading online learning service provider in China,
today announced its unaudited financial results for the first
quarter of the fiscal year ending June 30, 2024 (the “first quarter
of FY 2024”, which refers to the quarter from July 1, 2023 to
September 30, 2023).
Highlights for the First Quarter of FY
2024
- Revenues for the
first quarter of FY 2024 were RMB869.1 million (US$119.1 million),
representing an increase of 4.9% from the fourth quarter of the
fiscal year ended June 30, 2023 (the “fourth quarter of FY 2023”)
and an increase of 31.8% from the first quarter of the fiscal year
ended June 30, 2023 (the “first quarter of FY 2023”).
- Gross billings of
individual online learning services1 for
the first quarter of FY 2024 were RMB762.1 million (US$104.5
million), representing an increase of 1.8% from the fourth quarter
of FY 2023 and an increase of 14.6% from the first quarter of FY
2023.
- Net income for the
first quarter of FY 2024 was RMB66.7 million (US$9.1 million),
compared with RMB52.7 million in the fourth quarter of FY 2023, and
a net loss of RMB97.3 million in the first quarter of FY 2023.
- Adjusted net
income2 for the first quarter of FY 2024
was RMB94.0 million (US$12.9 million), compared with RMB90.4
million in the fourth quarter of FY 2023, and an adjusted net loss
of RMB50.9 million in the first quarter of FY 2023.
- Total registered
users increased by 51.9% to approximately 103.3 million as
of September 30, 2023, from 68.1 million as of September 30,
2022.
- Paying learners
increased by 18.2% year over year to approximately 0.3 million in
the first quarter of FY 2024.
Mr. Peng Li, Chairman and Chief Executive
Officer of QuantaSing, commented, “Our commitment to adult learning
services and significant growth in our personal interest courses
drove another strong quarter, with our revenue and adjusted net
income hitting new highs. During the quarter, we focused on further
refining our courses, expanding our learner base, and hosting
impactful offline events. As a result, we increased our registered
users and paying learners, while maintaining a high customer
satisfaction rate. At the same time, we continued to optimize our
operating efficiency by integrating AI into our feedback monitoring
system. We remain firmly committed to enhancing lives through
lifelong learning while delivering sustainable value to our
shareholders.”
Mr. Dong Xie, Chief Financial Officer of
QuantaSing, added, “During the quarter, we sustained our topline
growth momentum while expanding our adjusted net margin to 10.8%.
This robust performance was powered by our development strategy
centered on our adult learning services and our ongoing initiatives
to optimize efficiencies and cost structures. Looking ahead, we
will continue to strengthen our core business while prudently
developing our new business initiatives such as live
e-commerce.”
Financial Results for the First Quarter
of FY 2024
Revenues
Revenues increased by 31.8% year over year to
RMB869.1 million (US$119.1 million) in the first quarter of FY
2024, primarily driven by the growth in revenues from other
personal interest courses.
-
Revenues from individual online learning services increased by
29.2% year over year to RMB755.9 million (US$103.6 million) in the
first quarter of FY 2024, up from RMB585.1 million in the first
quarter of FY 2023. This growth was primarily due to the RMB292.5
million (US$40.1 million) increase in revenues from other personal
interest courses, partially offset by the decrease of RMB121.7
million (US$16.7 million) in revenues from financial literacy
courses.
-
Revenues from enterprise services were RMB68.4 million (US$9.4
million) in the first quarter of FY 2024, compared to RMB73.6
million in the first quarter of FY 2023, representing a year-over
year change of 7.1%, primarily due to a change in revenues from
related party transactions.
-
Revenues from others increased to RMB44.8 million (US$6.1 million)
in the first quarter of FY 2024 from RMB0.7 million in the first
quarter of FY 2023, mainly driven by the increase in revenues from
the Company's newest business endeavor, live e-commerce, which is
aligned with its commitment to diversified revenue streams.
Cost of revenues
Cost of revenues was RMB118.2 million (US$16.2
million) in the first quarter of FY 2024, compared to RMB75.1
million in the first quarter of FY 2023, representing a change of
57.5%. This increase was primarily due to increased labor
outsourcing costs of RMB18.7 million (US$2.6 million) and higher
procurement costs of RMB21.7 million (US$3.0 million), and was
partially offset by a RMB9.6 million (US$1.3 million) decrease in
staff costs.
Sales and marketing
expenses
Sales and marketing expenses were RMB620.2
million (US$85.0 million) in the first quarter of FY 2024, compared
to RMB581.2 million in the first quarter of FY 2023, representing a
change of 6.7%. The change was mainly due to an increase in labor
outsourcing costs of RMB76.9 million (US$10.5 million) and
marketing and promotion expenses of RMB41.4 million (US$5.7
million), partially offset by a decrease in staff costs of RMB82.5
million (US$11.3 million), which includes a decrease in share-based
compensation expenses of RMB8.0 million (US$1.1 million).
Research and development
expenses
Research and development expenses were RMB43.8
million (US$6.0 million) in the first quarter of FY 2024, compared
to RMB52.3 million in the first quarter of FY 2023, representing a
decrease of 16.3%. The decrease was primarily due to a decrease in
share-based compensation expenses of RMB6.5 million (US$0.9
million).
General and administrative
expenses
General and administrative expenses were RMB42.8
million (US$5.9 million) in the first quarter of FY 2024, compared
to RMB44.4 million in the first quarter of FY 2023, representing a
decrease of 3.7%. The decrease was primarily due to a decrease in
share-based compensation expenses and office expenses, partially
offset by an increase in professional service fees.
Net income and adjusted net
income
Net income was RMB66.7 million (US$9.1 million)
in the first quarter of FY 2024, compared with a net loss of
RMB97.3 million in the first quarter of FY 2023. Adjusted net
income was RMB94.0 million (US$12.9 million) in the first quarter
of FY 2024, compared with an adjusted net loss of RMB50.9 million
in the first quarter of FY 2023.
Earnings per share and adjusted earnings
per share3
Basic and diluted net income per share were
RMB0.39 (US$0.05) and RMB0.38 (US$0.05), respectively, in the first
quarter of FY 2024, compared with basic and diluted net loss per
share of RMB1.96 in the first quarter of FY 2023. Basic and diluted
adjusted net income per share were RMB0.56 (US$0.08) and RMB0.54
(US$0.07), respectively, in the first quarter of FY 2024, compared
with basic and diluted adjusted net loss per share of RMB1.11 in
the first quarter of FY 2023.
Balance Sheet
As of September 30, 2023, the Company had cash
and cash equivalents and short-term investments of RMB879.9 million
(US$120.6 million), compared with RMB930.6 million as of June 30,
2023.
Financial Outlook
Based on currently available information, for
the second quarter of FY 2024 (which refers to the quarter from
October 1, 2023 to December 31, 2023), the Company expects its
revenues to be in the range of RMB920.0 million to RMB950.0
million, representing a year-over-year increase of 17.0% to 20.8%.
The forecasts reflect the Company’s current and preliminary views
on the market and its operating conditions, which are subject to
change.
Recent Developments
On June 9, 2023, the Company announced that its
board of directors had approved a new share repurchase program of
up to US$20.0 million of the Company’s Class A ordinary shares in
the form of American Depositary Shares (“ADSs”) for a 12-month
period beginning on June 9, 2023 (the “Share Repurchase Program”).
As of September 30, 2023, the Company has accumulatively
repurchased an aggregate of approximately 1.2 million ADSs for
approximately US$6.9 million under the Share Repurchase
Program.
On September 18, 2023, the Company announced its
acquisition of Kelly's Education, an online language education
platform headquartered in Hong Kong. This transaction marks
QuantaSing's entry into the global online education market and the
language learning sector. Following completion of the transaction,
for a total consideration of HK$2.0 million, on September 28, 2023,
Kelly’s Education became a wholly-owned subsidiary of the
Company.
Conference Call Information
The Company's management team will hold a
conference call at 07:00 A.M. Eastern Time on Wednesday, December
13, 2023 (08:00 P.M. Beijing Time on the same day) to discuss the
financial results. Listeners may access the call by dialing the
following numbers:
International: |
1-412-902-4272 |
United
States Toll Free: |
1-888-346-8982 |
Mainland
China Toll Free: |
4001-201203 |
Hong
Kong Toll Free: |
800-905945 |
Conference ID: |
QuantaSing Group Limited |
|
|
The replay will be accessible through December
20, 2023 by dialing the following numbers:
International: |
1-412-317-0088 |
United
States Toll Free: |
1-877-344-7529 |
Access
Code: |
2280341 |
|
|
A live and archived webcast of the conference
call will be available at the Company's investor relations website
at ir.quantasing.com.
Non-GAAP Financial Measures
To supplement the Company’s consolidated
financial statements, which are prepared and presented in
accordance with U.S. GAAP, the Company uses gross billings of
individual online learning services, adjusted net (loss)/income and
basic and diluted adjusted net (loss)/income per share as its
non-GAAP financial measures. Gross billings of individual online
learning services for a specific period represents revenues of the
Company’s individual online learning services net of the changes in
deferred revenues in such period, further adjusted by value-added
tax and certain cost deduction in such period. Adjusted net
(loss)/income represents net (loss)/income excluding share-based
compensation expense. Basic and diluted adjusted net (loss)/income
per share represents adjusted net (loss)/income attributable to
ordinary shareholders of QuantaSing Group Limited divided by
weighted average number of ordinary shares outstanding during the
periods used in computing adjusted net (loss)/income per share,
basic and diluted. The Company believes that the non-GAAP financial
measures provide useful information about the Company's results of
operations, enhance the overall understanding of the Company's past
performance and future prospects and allow for greater visibility
with respect to key metrics used by the Company's management in its
financial and operational decision-making.
The non-GAAP financial measures are not defined
under U.S. GAAP and are not presented in accordance with U.S. GAAP.
The non-GAAP financial measures have limitations as analytical
tools, and when assessing the Company's operating performance,
investors should not consider them in isolation, or as a substitute
for revenue, net (loss)/income, net (loss)/income per share, basic
and diluted or other consolidated statements of operations data
prepared in accordance with U.S. GAAP. The Company's definition of
non-GAAP financial measures may differ from those of industry peers
and may not be comparable with their non-GAAP financial
measures.
The Company mitigates these limitations by
reconciling the non-GAAP financial measures to the most comparable
U.S. GAAP performance measures, all of which should be considered
when evaluating the Company's performance. For more information on
these non-GAAP financial measures, please see the table captioned
“QuantaSing Group Limited Unaudited Reconciliation of GAAP and
Non-GAAP Results” near the end of this release.
Exchange Rate Information
This announcement contains translations of
certain Renminbi (“RMB”) amounts into U.S. dollars (“US$”) at
specified rates solely for the convenience of the reader. Unless
otherwise stated, all translations from Renminbi to U.S. dollars
were made at the rate of RMB7.2960 to US$1.00, the exchange rate on
September 30, 2023, set forth in the H.10 statistical release of
the Federal Reserve Board. The Company makes no representation that
the Renminbi or U.S. dollars amounts referred to could be converted
into U.S. dollars or Renminbi, as the case may be, at any
particular rate or at all.
Safe Harbor Statements
This announcement contains forward-looking
statements within the meaning of Section 27A of Securities Act of
1933, as amended and Section 21E of the Securities Exchange Act of
1934, as amended and the Private Securities Litigation Reform Act
of 1955. All statements other than statements of historical or
current fact included in this press release are forward-looking
statements, including but not limited to statements regarding
QuantaSing’s financial outlook, beliefs and expectations. These
statements can be identified by terminology such as “will,”
“expects,” “anticipates,” “future,” “intends,” “plans,” “believes,”
“estimates,” “potential,” “continue,” “ongoing,” “targets,”
“guidance” and similar statements. Among other things, the
Financial Outlook in this announcement contains forward-looking
statements. The Company may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in press releases, and other written
materials and in oral statements made by its officers, directors or
employees to third parties. 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 growth strategies; its future business
development, results of operations and financial condition; its
ability to attract and retain new users and learners and to
increase the spending and revenues generated from users and
learners; its ability to maintain and enhance the recognition and
reputation of its brand; its expectations regarding demand for and
market acceptance of its services and products; trends and
competition in China’s adult learning market; changes in its
revenues and certain cost or expense items; the expected growth of
China’s adult learning market; PRC governmental policies and
regulations relating to the Company’s business and industry,
general economic and political conditions in China and globally,
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,
including, without limitation, the final prospectus related to the
IPO filed with the SEC dated January 24, 2023. You are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date this press release. All
forward-looking statements are qualified in their entirety by this
cautionary statement, and the Company undertakes no obligation to
revise or update any forward-looking statements to reflect events
or circumstances after the date hereof.
About QuantaSing Group Limited
QuantaSing is a leading online service provider
in China dedicated to improving people’s quality of life and
well-being by providing lifelong personal learning and development
opportunities. The Company is the largest service provider in
China’s online adult learning market and China’s adult personal
interest learning market in terms of revenue, according to a report
by Frost & Sullivan based on data from 2022. By leveraging its
proprietary tools and technology, QuantaSing offers
easy-to-understand, affordable, and accessible online courses to
adult learners under a variety of brands, including QiNiu,
JiangZhen and QianChi, empowering users to pursue personal
development. Leveraging its extensive experience in individual
online learning services, the Company has also expanded its
services to corporate clients including, among others, marketing
services and enterprise talent management services.
For more information, please visit:
https://ir.quantasing.com.
Contact
Investor Relations
Leah Guo
QuantaSing Group Limited
Email: ir@quantasing.com
Tel: +86 (10) 6493-7857
Robin Yang, Partner
ICR, LLC
Email: QuantaSing.IR@icrinc.com
Phone: +1 (212) 537-0429
___________________________________
1 Gross billings of individual online learning services is a
non-GAAP financial measure. For a reconciliation of revenues of
individual online learning services to gross billings of individual
online learning services, see the “Non-GAAP Financial Measures”
section and the table captioned “QuantaSing Group Limited Unaudited
Reconciliation of GAAP and Non-GAAP Results” below.2 Adjusted net
(loss)/income is a non-GAAP financial measure. For a reconciliation
of net (loss)/income to adjusted net (loss)/income, see the
“Non-GAAP Financial Measures” section and the table captioned
“QuantaSing Group Limited Unaudited Reconciliation of GAAP and
Non-GAAP Results” below.3 Basic and diluted adjusted net
(loss)/income per share are non-GAAP financial measures. For a
reconciliation of basic and diluted net (loss)/income per share to
basic and diluted adjusted net (loss)/income per share, see the
“Non-GAAP Financial Measures” section and the table captioned
“QuantaSing Group Limited Unaudited Reconciliation of GAAP and
Non-GAAP Results” below.
|
QUANTASING GROUP LIMITEDUNAUDITED
CONDENSED CONSOLIDATED BALANCE SHEETS(Amounts in
thousands, except for share and per share data) |
|
|
As of |
|
June 30,2023 |
|
September 30,2023 |
|
September 30,2023 |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
Current assets: |
|
|
|
|
|
Cash and cash equivalents |
764,281 |
|
691,812 |
|
94,821 |
Short-term investments |
166,303 |
|
188,076 |
|
25,778 |
Accounts receivable, net |
12,251 |
|
24,871 |
|
3,409 |
Amounts due from related parties |
29,116 |
|
2,391 |
|
328 |
Inventory, net |
- |
|
21,783 |
|
2,986 |
Prepayments and other current assets |
136,681 |
|
186,666 |
|
25,582 |
Total current assets |
1,108,632 |
|
1,115,599 |
|
152,904 |
|
|
|
|
|
|
Non-current assets: |
|
|
|
|
|
Property and equipment, net |
7,409 |
|
7,706 |
|
1,056 |
Intangible assets, net |
- |
|
3,120 |
|
428 |
Operating lease right-of-use assets |
84,009 |
|
75,684 |
|
10,373 |
Deferred tax assets |
2,084 |
|
10,918 |
|
1,496 |
Goodwill |
- |
|
7,389 |
|
1,013 |
Other non-current assets |
21,296 |
|
20,368 |
|
2,792 |
Total non-current assets |
114,798 |
|
125,185 |
|
17,158 |
TOTAL ASSETS |
1,223,430 |
|
1,240,784 |
|
170,062 |
|
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
Accounts payables |
62,094 |
|
80,077 |
|
10,975 |
Accrued expenses and other current liabilities |
171,160 |
|
177,507 |
|
24,329 |
Income tax payable |
8,794 |
|
8,510 |
|
1,166 |
Contract liabilities, current portion |
517,213 |
|
477,263 |
|
65,414 |
Advance from customers |
144,397 |
|
146,767 |
|
20,116 |
Operating lease liabilities, current portion |
41,092 |
|
33,938 |
|
4,652 |
Total current liabilities |
944,750 |
|
924,062 |
|
126,652 |
|
|
|
|
|
|
Non-current liabilities: |
|
|
|
|
|
Contract liabilities, non-current portion |
7 |
|
- |
|
- |
Operating lease liabilities, non-current portion |
52,840 |
|
50,018 |
|
6,856 |
Total non-current liabilities |
52,847 |
|
50,018 |
|
6,856 |
TOTAL LIABILITIES |
997,597 |
|
974,080 |
|
133,508 |
|
|
|
|
|
|
QUANTASING GROUP LIMITEDUNAUDITED
CONDENSED CONSOLIDATED BALANCE SHEETS -
continued(Amounts in thousands, except for share
and per share data) |
|
|
As of |
|
June 30,2023 |
|
September 30,2023 |
|
September 30,2023 |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
SHAREHOLDERS’
EQUITY |
|
|
|
|
|
Class A ordinary shares (US$0.0001 par value; 430,000,000 shares
authorized, 115,759,408 and 119,595,055 shares issued and
outstanding as of June 30, 2023 and September 30, 2023,
respectively) |
78 |
|
81 |
|
11 |
Class B ordinary shares (US$0.0001 par value; 70,000,000 shares
authorized, 49,859,049 shares issued and outstanding as of June 30,
2022 and September 30, 2023, respectively) |
34 |
|
34 |
|
5 |
Treasury stock |
- |
|
(49,509) |
|
(6,786) |
Additional paid-in
capital |
1,171,092 |
|
1,198,929 |
|
164,327 |
Accumulated other
comprehensive income |
22,182 |
|
20,177 |
|
2,765 |
Accumulative deficit |
(969,688) |
|
(903,008) |
|
(123,768) |
TOTAL QUANTASING GROUP
LIMITED SHAREHOLDERS’ EQUITY |
223,698 |
|
266,704 |
|
36,554 |
Non-controlling interests |
2,135 |
|
- |
|
- |
TOTAL SHAREHOLDERS’
EQUITY |
225,833 |
|
266,704 |
|
36,554 |
TOTAL LIABILITIES AND
SHAREHOLDERS’ EQUITY |
1,223,430 |
|
1,240,784 |
|
170,062 |
|
QUANTASING GROUP LIMITEDUNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE
INCOME/(LOSS)(Amounts in thousands, except for
shares and per share data) |
|
|
For the Three Months Ended September
30, |
|
2022 |
|
2023 |
|
2023 |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
Revenues |
659,366 |
|
869,136 |
|
119,125 |
Cost
of revenues |
(75,062) |
|
(118,192) |
|
(16,200) |
|
|
|
|
|
|
Gross Profit |
584,304 |
|
750,944 |
|
102,925 |
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
Sales and marketing expenses |
(581,158) |
|
(620,152) |
|
(84,999) |
Research and development expenses |
(52,301) |
|
(43,800) |
|
(6,003) |
General and administrative expenses |
(44,390) |
|
(42,762) |
|
(5,861) |
Total operating expenses |
(677,849) |
|
(706,714) |
|
(96,863) |
|
|
|
|
|
|
(Loss)/Income from operations |
(93,545) |
|
44,230 |
|
6,062 |
|
|
|
|
|
|
Other income: |
|
|
|
|
|
Interest income |
192 |
|
3,447 |
|
472 |
Others, net |
6,450 |
|
12,257 |
|
1,680 |
|
|
|
|
|
|
(Loss)/Income before income tax |
(86,903) |
|
59,934 |
|
8,214 |
Income tax expense |
(10,375) |
|
6,746 |
|
925 |
|
|
|
|
|
|
Net (loss)/ income |
(97,278) |
|
66,680 |
|
9,139 |
|
|
|
|
|
|
Other comprehensive income/(loss) |
|
|
|
|
|
Foreign currency translation adjustments, net of nil tax |
2,126 |
|
(2,005) |
|
(275) |
Total other comprehensive income |
2,126 |
|
(2,005) |
|
(275) |
|
|
|
|
|
|
Total comprehensive (loss)/income |
(95,152) |
|
64,675 |
|
8,864 |
|
|
|
|
|
|
Net (loss)/Income |
(97,278) |
|
66,680 |
|
9,139 |
Accretion of the Company’s preferred shares |
(9,469) |
|
- |
|
- |
Net (loss)/income attributable to ordinary shareholders of
QuantaSing Group Limited |
(106,747) |
|
66,680 |
|
9,139 |
|
|
|
|
|
|
Net (loss)/income per ordinary share |
|
|
|
|
|
- Basic |
(1.96) |
|
0.39 |
|
0.05 |
- Diluted |
(1.96) |
|
0.38 |
|
0.05 |
Weighted average number of ordinary shares used in
computing net loss per share |
|
|
|
|
|
- Basic |
54,439,786 |
|
169,056,984 |
|
169,056,984 |
- Diluted |
54,439,786 |
|
175,003,606 |
|
175,003,606 |
Share-based compensation expenses included in |
|
|
|
|
|
Cost of revenues |
(4,652) |
|
(3,778) |
|
(518) |
Sales and marketing expenses |
(12,519) |
|
(4,489) |
|
(615) |
Research and development expenses |
(12,068) |
|
(5,610) |
|
(769) |
General and administrative expenses |
(17,131) |
|
(13,409) |
|
(1,838) |
|
|
|
|
|
|
QUANTASING GROUP LIMITEDUNAUDITED
RECONCILIATION OF GAAP AND NON-GAAP
RESULTS(Amounts in thousands, except for shares
and per share data) |
|
The following
table below sets forth a reconciliation of revenues to gross
billings for the periods indicated: |
|
|
For the Three Months Ended September
30, |
|
2022 |
|
2023 |
|
2023 |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
Revenues of individual
online learning services: |
585,085 |
|
755,910 |
|
103,606 |
Add: value-added tax |
37,976 |
|
47,579 |
|
6,521 |
Add: ending deferred revenues
(1) |
573,528 |
|
619,954 |
|
84,972 |
Less: beginning deferred
revenues (1) |
(531,662) |
|
(661,360) |
|
(90,647) |
|
|
|
|
|
|
Gross billings of
individual online learning services |
664,927 |
|
762,083 |
|
104,452 |
|
(1) Deferred
revenues include contract liabilities, advance from customers, and
refund liability of individual online learning services included in
“accrued expenses and other current liabilities.” |
|
QUANTASING GROUP LIMITEDUNAUDITED
RECONCILIATION OF GAAP AND NON-GAAP RESULTS -
continued(Amounts in thousands, except for shares
and per share data) |
|
The following
table below sets forth a reconciliation of net (loss)/income to
adjusted net (loss)/income and basic and diluted net (loss)/income
per share to basic and diluted adjusted net (loss)/income per share
for the periods indicated: |
|
|
For the Three Months Ended September
30, |
|
2022 |
|
2023 |
|
2023 |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
Net
(loss)/income |
(97,278) |
|
66,680 |
|
9,139 |
Add: Share-based
compensation |
46,370 |
|
27,286 |
|
3,740 |
|
|
|
|
|
|
Adjusted net
(loss)/income |
(50,908) |
|
93,966 |
|
12,879 |
Accretion of the Company’s preferred shares |
(9,469) |
|
- |
|
- |
Adjusted net
(loss)/income attributable to ordinary shareholders of QuantaSing
Group Limited |
(60,377) |
|
93,966 |
|
12,879 |
|
|
|
|
|
|
Weighted average
number of ordinary shares used in computing net (loss)/income per
share |
|
|
|
|
|
- Basic |
54,439,786 |
|
169,056,984 |
|
169,056,984 |
- Diluted |
54,439,786 |
|
175,003,606 |
|
175,003,606 |
Weighted average
number of ordinary shares used in computing adjusted net
(loss)/income per
share |
|
|
|
|
|
- Basic |
54,439,786 |
|
169,056,984 |
|
169,056,984 |
- Diluted |
54,439,786 |
|
175,003,606 |
|
175,003,606 |
|
|
|
|
|
|
Net (loss)/income per
ordinary share |
|
|
|
|
|
- Basic |
(1.96) |
|
0.39 |
|
0.05 |
- Diluted |
(1.96) |
|
0.38 |
|
0.05 |
Non-GAAP adjustments
to net (loss)/income per ordinary share |
|
|
|
|
|
- Basic |
0.85 |
|
0.17 |
|
0.03 |
- Diluted |
0.85 |
|
0.16 |
|
0.02 |
Adjusted net
(loss)/income per ordinary
share |
|
|
|
|
|
- Basic |
(1.11) |
|
0.56 |
|
0.08 |
- Diluted |
(1.11) |
|
0.54 |
|
0.07 |
|
|
|
|
|
|
QuantaSing (NASDAQ:QSG)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
QuantaSing (NASDAQ:QSG)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024