Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Wu Yanzu in South China for the delivery of clues! CTOnews.com August 16 news, Douyu released the second quarter of 2022 financial report. In that quarter, the financial performance of Douyu platform significantly improved, returned to the profit track, and the financial performance turned from deficit to profit.

According to the financial report, Douyu's total revenue in the second quarter was 1.833 billion yuan. The gross profit is 309 million yuan, corresponding to the gross profit margin of 16.9%. Under non-GAAP, the net profit was 23.5 million yuan; the quarterly average MAU of mobile was 55.7 million, and the number of fee-paying households was 6.6 million.

In that quarter, Douyu continued to implement the strategy of "diversified content ecological platform with games as the core", continued to increase investment and innovation in self-made content, paid attention to cost control and input-output ratio, and conducted meticulous operations around different games. Financial performance turned from deficit to profit.

The financial report shows that in the second quarter, Douyu turned Non-GAAP into profit by effectively controlling costs and improving operational efficiency. The total revenue of the platform was 1.833 billion yuan, an increase of 2.1% compared with the same period last year; gross profit increased to 309 million yuan from 307 million yuan in the same period last year, and gross profit margin increased to 16.9% from 13.1% in the same period last year; under non-American general accounting standards, the net profit was 23.5 million yuan, compared with a loss of 145 million yuan in the same period last year, profitability greatly improved.

In terms of expenses and costs, Douyu's revenue cost in that quarter was 1.524 billion yuan, down 24.9 percent from 2.03 billion yuan in the same period last year. Driven by the implementation of the copyright strategy of selective buying events and the optimization of content production ratio, Douyu's content cost was properly controlled, with revenue sharing and content cost reduced by 27.2% to 1.315 billion yuan from 1.807 billion yuan in the same period last year. Bandwidth cost also dropped 11.2% to 144 million yuan from 162 million yuan last year. At the same time, marketing costs narrowed in the quarter, down 43.2 per cent to 168 million yuan from 295 million yuan in the same period last year.

In the second quarter, Douyu continued the strategy of selective purchase of copyright, still focusing on the production of self-made content.

Douyu's quarterly average MAU for mobile devices in the second quarter was 55.7 million. At the same time, Douyu had 6.6 million paying users in the quarter, up 200000 from the previous quarter.

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