[Rewards] Sea Q2 2022 Earnings Highlights
Sea reports mixed results but still strengthened market leadership, suspended guidance for uncertainties.
Claim your Earnings Season offer here by winning Rewards Points and discovering Investment Opportunities!
![[Rewards] Sea Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/07fc443359a733d0b3a2b5c3084d4d2e.png/bigmoo)
![[Rewards] Sea Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/5b879f77cb133c4b8a933080f30c8b68.png/bigmoo)
KEY Figures:
● Total Q2 2022 revenue of Sea Limited was $2.9 billion, up 29% Y/Y.
● Total net loss was $931.2 million compared to $433.7 million for the second quarter of 2021.
● Total adjusted EBITDA was US$(506.3) million compared to US$(24.1) million for Q2 2021.
● For the E-commerce sector, GAAP revenue was up 56.2% YoY based on constant currency assumptions
●GMV was $19.0 billion with an increase of 31.4% YoY based on constant currency assumptions.
● For the Digital Entertainment sector, GAAP revenue decreased 11% to $900.3 million, compared to $1.0 billion for Q2 2021.
More statistics:
![[Rewards] Sea Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/75a9b4bcaeaa345d9204857eb46b6416.png/bigmoo)
*EC=E-commerce segment; DE=Digital Entertainment segment; DFS=Digital Financial Services segment.
KEY Points:
● Because of increasing macro uncertainties, Sea will further focus on the efficiency and optimization of the E-commerce Segment. Revenue guidance is suspended.
● In Southeast Asia, Shopee continued to rank No.1 in the Shopping category by average MAUs in Q2 2022, according to data.ai.
● Globally, Shopee was the top-ranked app on Google Play in the Shopping category by total time spent and second by average MAUs in Q2 2022, according to data.ai.
● Nearly 40% of the quarterly active buyers on Shopee in Southeast Asia have used SeaMoney products or services in Q2 2022.
● Sea Group admitted Garena’s sluggish performance was due to the dip in bookings after Covid-19.
The KEY in your hands:
By August 2022, SE share had dropped 65% since the start of 2022, underperforming the S&P 500, which is about 10% declined in the same period.
Therefore, how do you see the SE currently? What is your opinion or analysis about it? Speak out with mooers and get inspired by sharing!
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*You can exchange abundant gifts at Rewards Club. Comments before September 4 ET will be counted. The above rewards are mutually exclusive.
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Disclaimer:
Comments above are made available for informational purposes only. Before investing, please consult a licensed professional. *Source of data: sec.report/Document/0001104659-22-091743/
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Caprigoat : May sea generates long term rewards for all investors!
KelvinTee : Wait and see first
RedBullGiveWings : Long term : bullish
I might be wrong
Short term : Hold and wait
Recession might be on the way
Do not serve as an advice
Sufy87 : My current average price of $Sea (SE.US)$ is about $120. Despite their mixed earnings reports, I believe the management's goal of efficiency within their ecommerce segment will play out well in the long run.
I will continue to average down my position while collecting premiums by selling puts.
Once the dust settles, i believe Shopee then will be in a much better position to cement it's place in Southeast Asia and beyond.
Poline1 : Personally im not convinced that Shopee is doing better than Lazada. I’m more towards Lazada’s fans. Product is pretty limited and price is not competitive enough. My own bias, the market will not react based on my judgement anyway
Charging Miao : Wait and see whether it bounces back
Pjun : $Sea (SE.US)$ should be a good stocknfor long term, used to online shopping using Shopee now. big fans ) buy when dip. hold for long terms
Chee Hoong : this is a good opportunity to buy the stock. e-commerce got big opportunity in ASEAN and this could be the new business model
102528537 : e commerce generally is a late innovation in the sense that it goes up after the rest of growth companies go up
so probably just want to either wait hold and see first. not a buy yet
Chomel : Sailing in the big sea ocean, although hit by uncertain waves and storm, but foundation remain relevant, ready to steer on board crews to a next level and embark on new strategy, after its still strong and steady with its key engine growth still remain intact.
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