1、Bilibili Inc.Announces Third Quarter 2024 Financial Results SHANGHAI,China,November 14,2024-Bilibili Inc.(“Bilibili”or the“Company”)(NASDAQ:BILI and HKEX:9626),an iconic brand and a leading video community for young generations in China,today announced its unaudited financial results for the third q
2、uarter ended September 30,2024.Third Quarter 2024 Highlights:Total net revenues were RMB7.31 billion(US$1,041.0 million),representing an increase of 26%year over year.Mobile games revenues were RMB1.82 billion(US$259.7 million),representing an increase of 84%year over year.Advertising revenues were
3、RMB2.09 billion(US$298.5 million),representing an increase of 28%year over year.Gross profit was RMB2.55 billion(US$363.0 million),representing an increase of 76%year over year.Gross profit margin reached 34.9%,improving from 25.0%in the same period last year.Net loss was RMB79.8 million(US$11.4 mil
4、lion),narrowing by 94%year over year.Adjusted net profit1 was RMB235.9 million(US$33.6 million),compared with an adjusted net loss of RMB863.5 million in the same period last year.Operating cash flow was RMB2.23 billion(US$317.1 million)in the third quarter of 2024,compared with RMB277.4 million in
5、the same period last year.Average daily active users(DAUs)were 107.3 million,compared with 102.8 million in the same period last year.This quarter,we sustained strong growth momentum across our community metrics and key business lines,”said Mr.Rui Chen,chairman and chief executive officer of Bilibil
6、i.“Both DAUs and MAUs hit record highs of 107 million and 348 million,respectively.Users average daily time spent also reached a new high of 106 minutes,increasing by 6 minutes compared to the same period last year.With our thriving community and highly engaged user base,we are well-positioned to ta
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