Sea Limited Reports Third Quarter 2023 Results
Sea Limited Reports Third Quarter 2023 Results
Singapore, November 14, 2023 – Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the third quarter ended September 30, 2023.
新加坡，2023年11月14日——Sea Limited（纽约证券交易所代码：SE）（“Sea” 或 “公司”）今天公布了截至2023年9月30日的第三季度财务业绩。
Third Quarter 2023 Highlights
2023 年第三季度亮点
Group
小组
Total GAAP revenue was US$3.3 billion, up 4.9% year-on-year.
Total gross profit was US$1.4 billion, up 17.4% year-on-year.
Total net loss was US$(144.0) million, as compared to total net loss of US$(569.3) million for the third quarter of 2022.
Total adjusted EBITDA was US$35.3 million, as compared to a loss of US$(357.7) million for the third quarter of 2022.
As of September 30, 2023, cash, cash equivalents, short-term and other treasury investments were US$7.9 billion, representing a net increase of US$274.0 million from June 30, 2023.
GAAP总收入为33亿美元，同比增长4.9％。
总毛利为14亿美元，同比增长17.4％。
总净亏损为美元（1.440亿美元），而2022年第三季度的总净亏损为5.693亿美元。
调整后的息税折旧摊销前利润总额为3530万美元，而2022年第三季度的亏损为3.577亿美元。
截至2023年9月30日，现金、现金等价物、短期和其他国库投资为79亿美元，比2023年6月30日净增2.74亿美元。
E-commerce
电子商务
GAAP revenue was US$2.2 billion, up 16.2% year-on-year.
GAAP revenue included US$1.9 billion of GAAP marketplace revenue, which consists of core marketplace revenue and value-added services revenue and increased by 18.2% year-on-year.
Core marketplace revenue, mainly consisting of transaction-based fees and advertising revenues, was up 31.7% year-on-year to US$1.3 billion.
Value-added services revenue, mainly consisting of revenues related to logistics services, was down 4.2% year-on-year to US$592.8 million.
GAAP收入为22亿美元，同比增长16.2％。
GAAP收入包括19亿美元的GAAP市场收入，其中包括核心市场收入和增值服务收入，同比增长18.2％。
核心市场收入，主要包括基于交易的费用和广告收入，同比增长31.7％，达到13亿美元。
增值服务收入，主要包括与物流服务相关的收入，同比下降4.2％，至5.928亿美元。
Digital Entertainment
数字娱乐
GAAP revenue was US$592.2 million, up 11.9% quarter-on-quarter.
Bookings were US$447.9 million, as compared to US$443.1 million for the previous quarter.
Adjusted EBITDA was US$234.0 million, as compared to US$239.5 million for the previous quarter.
Adjusted EBITDA represented 52.2% of bookings for the third quarter of 2023, as compared to 54.0% for the previous quarter.
Quarterly active users were 544.1 million, as compared to 544.5 million for the previous quarter.
Quarterly paying users were 40.5 million, as compared to 43.1 million for the previous quarter. Paying user ratio was 7.5%, as compared to 7.9% for the previous quarter
GAAP收入为5.922亿美元，同比增长11.9％。
预订量为4.479亿美元，而上一季度为4.431亿美元。
调整后的息税折旧摊销前利润为2.34亿美元，而上一季度为2.395亿美元。
调整后的息税折旧摊销前利润占2023年第三季度预订量的52.2％，而上一季度为54.0％。
季度活跃用户为5.441亿，而上一季度为5.445亿。
季度付费用户为4,050万，而上一季度为4,310万。付费用户比率为7.5％，而上一季度为7.9％
Digital Financial Services
数字金融服务
GAAP revenue was US$446.2 million, up 36.5% year-on-year.
Adjusted EBITDA1 was US$165.7 million, as compared to a loss of US$(67.7) million for the third quarter of 2022.
As of September 30, 2023, gross loans receivable increased by 5.3% sequentially to US$2.4 billion, before netting off allowance for credit losses of US$288.1 million. Non-performing loans past due by more than 90 days as a percentage of our gross loans receivable was 1.6%, improving quarter-on-quarter.
GAAP收入为4.462亿美元，同比增长36.5％。
调整后的 EBITDA1 为1.657亿美元，而2022年第三季度的亏损为6,770万美元。
截至2023年9月30日，在扣除2.881亿美元的信贷损失准备金之前，应收贷款总额环比增长5.3％，达到24亿美元。逾期90天以上的不良贷款占应收贷款总额的比例为1.6％，同比上升。
Image source: SEA IR
图片来源：SEA IR