MOGU Full Year 2024 Earnings: CN¥6.85 loss per share (vs CN¥20.90 loss in FY 2023)

Simply Wall St

July 26, 2024

MOGU (NYSE:MOGU) Full Year 2024 Results

Key Financial Results

Revenue: CN¥160.3m (down 31% from FY 2023).
Net loss: CN¥59.3m (loss narrowed by 67% from FY 2023).
CN¥6.85 loss per share (improved from CN¥20.90 loss in FY 2023).

revenue-and-expenses-breakdown — NYSE:MOGU Revenue and Expenses Breakdown July 26th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

In the last 12 months, the only revenue segment was Domestic Business contributing CN¥160.3m. Notably, cost of sales worth CN¥91.2m amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to CN¥67.4m (49% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥10.1m. Explore how MOGU's revenue and expenses shape its earnings.

MOGU shares are down 7.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with MOGU (at least 1 which is significant), and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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