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Smart Share Global ADR (EM)
NASDAQ:EM
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Earnings Data
Report Date
Mar 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
$0Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 26, 2024
|% Change Since: 1.13%
|Next Earnings Date:Mar 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several achievements, such as a return to GAAP profitability, expansion in lower-tier cities, and growth in registered users and network partners. However, these were offset by significant revenue decline, challenges in the core business, and uncertain market conditions. The sentiment is mixed due to balanced highlights and lowlights.Company Guidance
During Energy Monster's Q2 2024 earnings call, the company highlighted several key performance metrics and strategic initiatives. Energy Monster returned to GAAP profitability with a net income of RMB 9 million and maintained non-GAAP profitability for the sixth consecutive quarter. The company reported a decrease in GMV due to a softer consumption environment, although month-on-month fluctuations were observed. The POI count in third and lower-tier cities increased by over 20% year-over-year, contributing to a record-high coverage of 1.27 million POIs. The user base grew to 417.1 million, with an addition of 12.8 million users. Financially, revenues were RMB 422.9 million, a 55.3% year-over-year decrease, primarily due to the transition to the network partner model, which now accounts for 89.2% of POIs. Other revenues surged by 453.7% year-over-year, driven by new business initiatives. Operationally, the network partner count rose by 41% year-over-year, enhancing distribution capabilities and market penetration. The company is focused on expanding its network partner model, optimizing POI performance, and exploring international markets to drive future growth.Return to GAAP Profitability
Energy Monster returned to GAAP profitability with a net income of RMB 9 million in Q2 2024, marking a significant milestone in their financial performance.
Expansion in Lower-Tier Cities
POI count in third and lower-tier cities increased by more than 20% year-over-year, driving network expansion and diversification.
Record High POI Coverage
The company reached a record high of 1.27 million POIs, enhancing service availability across a wider geographic region.
Growth in Registered Users
Energy Monster's user base grew to over 417.1 million cumulative registered users, an increase of 12.8 million users in the second quarter.
Substantial Increase in Network Partners
The number of network partners increased to over 12,000, a growth of more than 1,000 since the end of Q1 2024 and around 3,700 year-over-year.
Significant Growth in Other Revenue
Other revenues grew by over 400% year-over-year, driven by new business initiatives in renewable energy.
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EM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 26, 2024 | $0.71 | $0.71 | 0.00% |
| Aug 22, 2024 | $0.71 | $0.70 | -1.41% |
| Jun 03, 2024 | $1.09 | $0.98 | -10.09% |
| Mar 28, 2024 | $0.63 | $0.64 | +1.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Smart Share Global ADR (EM) report earnings?
Smart Share Global ADR (EM) is schdueled to report earning on Mar 07, 2025, TBA Not Confirmed.
What is Smart Share Global ADR (EM) earnings time?
Smart Share Global ADR (EM) earnings time is at Mar 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EM EPS forecast?
Currently, no data Available
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