网易有道Youdao, Inc.（DAO）2025年第一季度业绩投资者展示报告「NYSE」（英文版）（17页）.pdf

1、Investor Relations,February 23,2023This presentation contains forward-looking statements.These statements are made under the“safe harbor”provisions of the U.S.PrivateSecurities Litigation Reform Act of 1995.Statements that are not historical facts,including statements about the Companys beliefs ande

2、xpectations,are forward-looking statements.Forward-looking statements involve inherent risks and uncertainties,and a number of factorscould cause actual results to differ materially from those contained in any forward-looking statement.In some cases,forward-lookingstatements can be identified by wor

3、ds or phrases such as“may,”“will,”“expect,”“anticipate,”“target,”“aim,”“estimate,”“intend,”“plan,”“believe,”“potential,”“continue,”“is/are likely to”or other similar expressions.The Company may also make written or oral forward-lookingstatements in its reports filed with,or furnished to,the U.S.Secu

4、rities and Exchange Commission,in its annual reports to shareholders,inpress releases and other written materials and in oral statements made by its officers,directors or employees to third parties.Furtherinformation regarding such risks,uncertainties or factors is included in the Companys filings w

5、ith the SEC.All information provided in thispress release is as of the date of this press release,and the Company does not undertake any duty to update such information,except asrequired under applicable law.Net RevenuesRMB Millions1,391.9492.7181.2718.01,321.7511.2166.7643.8Smart DevicesOnline Mark

6、eting ServicesLearning Services1,572.5489.3315.3767.91,339.8481.7240.4617.71,298.3505.4190.5602.4Record-high First-quarter Income from Operations in 1Q25 RMB Millions29.9(72.6)107.384.2104.0Operating Cash Flow:Net Outflows Narrowed by 34.7%in 1Q25(85.4)(391.0)250.2RMB Millions158.2(255.5)2025 Operat