Zhihu Releases First Monetary Document Since Record, Inventory Worth Down 27%

After going public at the NYSE in March ultimate 12 months, Zhihu Inc., a web-based content material group in China, on Monday introduced its unaudited monetary effects for the quarter and financial 12 months ended December 31, 2021.

Its reasonable per month lively customers (MAUs) reached 103.3 million within the fourth quarter of 2021, representing enlargement of 36.4% year-on-year. Moderate MAUs for the 12 months was once 95.9 million, representing enlargement of 40.0% from 2020.

Its reasonable per month paying participants reached 6.1 million within the fourth quarter of 2021, representing a year-on-year building up of 102%. Moderate per month paying participants for the 12 months was once 5.1 million, a year-on-year building up of 114.8%.

General revenues had been 1.0192 billion yuan ($159.9 million) within the fourth quarter of 2021, representing year-on-year enlargement of 96.1%, whilst overall revenues for the 12 months had been 2.9593 billion yuan, representing enlargement of 118.9% from 2020.

Gross benefit was once 479.8 million yuan within the fourth quarter of 2021, representing an building up of 44.1% over the fourth quarter of 2020, whilst gross benefit for the 12 months was once 1,553.9 million yuan, representing an building up of 105.1% from 2020.

Zhihu is continuous to discover extra industry fashions. For instance, a big amount of vocational training content material at the platform can totally meet the desires of core customers elderly 18 to 36, and has large house for price enlargement.

Solar Wei, Leader Monetary Officer of Zhihu, added, “We’re extremely joyful to announce every other robust set of quarterly effects. All the way through the fourth quarter of 2021, our content-commerce answers and paid club companies persisted to develop all of a sudden, increasing 380.2% and 100%, respectively, in the case of income on a year-over-year foundation, and jointly contributed 56.5% of our overall income within the quarter. On the identical time, in spite of headwinds confronted by means of the overall promoting sector, our promoting industry grew by means of 18.4% all over the quarter on a year-over-year foundation.”

On the other hand, Zhihu’s internet loss was once 383.3 million yuan within the fourth quarter of 2021, in comparison with 90.1 million yuan in the similar duration of 2020. Its adjusted internet loss (non-GAAP) was once 240.8 million yuan within the fourth quarter of 2021, in comparison with 26.3 million yuan in the similar duration of 2020.

From the entire 12 months view, Zhihu’s internet loss was once 1,298.9 million yuan in 2021, in comparison with 517.6 million yuan in 2020. Adjusted internet loss (non-GAAP) was once 747.1 million yuan in 2021, in comparison with 337.5 million yuan in 2020.

As of December 31, 2021, the corporate had money and money equivalents, time period deposits and momentary investments of seven.4 billion yuan, in comparison with 3.1 billion yuan as of December 31, 2020.

On the other hand, the monetary file seems to had been unsatisfactory for the general public and buyers. Zhihu‘s inventory value closed at $1.53 in keeping with percentage on Monday, lowering 27.49%. Its percentage value has fallen about 77.79% since its buying and selling debut in March ultimate 12 months. The Beijing Web Data Place of work additionally summoned Zhihu in December ultimate 12 months according to its repeated show of data and content material at the platform that was once deemed to violate nationwide rules and rules.

SEE ALSO: Chinese language Q&A Web site Zhihu Summoned by means of Beijing Our on-line world Regulator

On the subject of the outlook for the primary quarter of 2022, the corporate expects its overall revenues to be between 720 million yuan and 740 million yuan. The above outlook is in keeping with present marketplace prerequisites and displays the corporate’s initial estimates, that are matter to switch.

Zhou Yuan, Chairman of the Board and Leader Government Officer of Zhihu, mentioned at the income name that the income enlargement for the entire 12 months in 2022 is predicted to be 60-65%. The company’s “content-commerce answers” are anticipated to change into its biggest income supply, accounting for greater than a 3rd of income. Solar Wei added that Zhihu‘s training industry is predicted to take care of speedy enlargement in 2022, accounting for greater than 5% of income within the first quarter this 12 months, and greater than 20% ultimately.