JOYY Inc. (YY) Financials

NASDAQ:YY

Market Cap

2.74B

Total Revenue

2.41B

Gross Profit

852.13M

Operating Income

50.73M

Net Income

600.00M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	300,890,393.78	592,989,622.914	908,412,278.837	1,181,492,842.536	1,775,975,272.222	2,291,547,754.034	3,655,414,475.189	2,025,154,975.28	2,619,051,000	2,411,516,000
costOfRevenue	145,538,625.533	298,101,268.884	551,423,791.787	734,962,124.485	1,076,234,589.175	1,456,190,434.656	2,450,884,690.144	1,455,556,763.045	1,781,150,000	1,559,388,000
grossProfit	155,351,768.247	294,888,354.03	356,988,487.05	446,530,718.051	699,740,683.047	835,357,319.378	1,204,529,785.045	569,598,212.236	837,901,000	852,128,000
researchAndDevelopmentExpenses	44,058,486.133	69,511,807.825	84,537,001.95	97,242,144.071	119,761,544.812	173,288,559.384	362,377,372.513	320,939,800.713	279,781,000	261,807,000
sellingAndMarketingExpenses	4,117,823.717	16,528,375.374	48,194,497.075	55,771,767.62	105,883,569.292	167,076,028.493	534,490,624.285	533,392,619.35	468,407,000	400,435,000
generalAndAdministrativeExpenses	33,093,408.842	35,952,887.996	55,219,337.566	69,477,375.5	83,422,708.078	128,394,388.719	212,882,317.631	155,594,263.236	221,731,000	141,826,000
sellingGeneralAndAdministrativeExpenses	37,211,232.558	52,481,263.37	103,413,834.641	125,249,143.12	189,306,277.37	295,470,417.212	747,372,941.916	688,986,882.586	690,138,000	542,261,000
operatingExpenses	76,801,578.815	120,974,385.347	175,273,343.993	203,840,980.443	291,730,959.81	451,625,672.336	1,063,714,555.225	1,001,338,221.113	949,543,000	786,563,000
operatingIncome	78,550,189.431	173,913,968.683	178,995,874.809	255,117,370.892	413,441,440.779	383,731,647.042	76,482,534.873	-431,740,008.878	-111,642,000	50,735,000
totalOtherIncomeExpensesNet	4,876,869.563	4,403,289.328	-8,921,535.101	16,203,519.687	12,122,952.69	-84,627,852.886	524,951,120.512	449,758,162.031	34,053,000	583,839,000
ebitda	73,673,319.869	206,427,280.597	202,622,531.124	252,366,427.604	435,639,155.788	486,019,479.576	245,659,730.162	-340,399,185.71	-20,790,000	158,713,000
depreciationAndAmortization	8,196,045.041	12,998,844.124	28,697,499.315	39,534,116.766	36,628,175.024	31,993,894.461	169,177,195.289	91,340,823.167	90,852,000	107,978,000
interestIncome	9,937,065.199	26,594,648.796	21,240,884.683	9,676,689.997	27,629,432.551	70,584,678.006	104,844,500.343	93,982,214.195	91,233,000	93,148,000
interestExpense	9,937,065.199	9,125,613.202	14,961,135.706	11,677,323.656	4,920,129.459	1,252,507.632	38,091,270.295	79,900,662.758	14,475,000	12,770,000
incomeBeforeTax	93,364,124.193	195,786,293.605	179,073,356.932	256,892,623.635	442,841,979.019	368,435,964.53	601,433,655.385	18,018,153.154	-77,589,000	634,574,000
incomeTaxExpense	14,842,811.506	24,871,958.975	27,469,492.377	40,397,764.913	63,689,806.071	69,444,250.618	78,124,571.233	29,439,486.936	25,745,000	34,575,000
netIncome	78,829,716.315	171,603,507.284	159,160,759.232	219,464,558.311	381,889,016.02	321,123,273.732	492,401,526.412	-11,421,333.782	-103,334,000	599,999,000
eps	1.4	2.98	2.83	3.89	6.44	5.01	6.4	--	-1.32	8.15
epsdiluted	1.33	2.86	2.77	3.8	6.33	4.96	6.4	--	-1.32	8.15
weightedAverageShsOut	56,123,784	57,657,035	56,259,499	56,367,166	59,323,007	64,042,390	77,219,846	--	78,100,800	73,642,293
weightedAverageShsOutDil	59,056,065	59,927,174	57,541,558	60,805,566	60,831,887	64,695,437	77,219,846	--	78,100,800	73,642,293
costAndExpenses	222,340,204.348	419,075,654.23	726,697,135.78	938,803,104.928	1,367,965,548.985	1,907,816,106.992	3,514,599,245.369	2,456,894,984.158	2,730,693,000	2,345,951,000
otherExpenses	1,722,000	5,918,663.118	-333,496.616	954,000	24,314,000	-290,739.933	-46,035,759.204	-8,588,462.186	-20,376,000	-17,505,000

Key Facts

Industry

Internet Content & Information

Sector

Communication Services

Headquarters

Singapore, , SG

Website

joyy.sg

CEO

Mr. Xueling Li

Employees

6681

About the Company

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.