Youdao : First Quarter 2025 Earnings Conference Call (Key Metrics)

Published: 2025-05-15 07:05:10 ET DAO

Published on 05/15/2025 at 07:05

Key Financial Metrics (RMB'000):

2024 Q1

2024 Q2

2024 Q3

2024 Q4

2025 Q1

Net revenues

1,391,859

1,321,721

1,572,541

1,339,798

1,298,262

Learning services

717,996

643,762

767,859

617,673

602,414

including: digital content services revenue

499,818

403,278

513,730

388,835

410,767

Smart devices

181,198

166,722

315,305

240,444

190,498

Online marketing services

492,665

511,237

489,377

481,681

505,350

Gross margin

49.0%

48.2%

50.2%

47.8%

47.3%

Learning services

63.1%

60.0%

62.1%

60.0%

59.8%

Smart devices

32.6%

30.3%

42.8%

43.9%

52.3%

Online marketing services

34.3%

39.1%

36.3%

34.2%

30.5%

Sales and marketing expenses

455,440

515,711

519,620

381,815

357,641

Income/(Loss) from operations

29,924

(72,553)

107,274

84,176

104,041

Net cash (used in)/provided by operating activities

(390,977)

250,204

(85,353)

158,214

(255,481)

Disclaimer

Youdao Inc. published this content on May 15, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 15, 2025 at 11:04 UTC.