SAN FRANCISCO, Aug. 9 morning news, Youku (NYSE: YOKU) announced today that as of June 30, the second quarter of fiscal year 2011 unaudited financial statements. The report shows that Youku second quarter net revenues of 197.8 million yuan (about $ 30.6 million),
sb dunk, up 178% over last year; net loss of 28.1 million yuan (about $ 4.3 million), compared with last years net loss by 55%.
2011 Highlights for the second quarter
? net income of 100 million RMB 97.8 million yuan ($ 30.6 million), up 178% over the same period in 2010.
? Gross profit reached 52.9 million yuan (820 million); the same period in 2010,
new era cap, gross loss of 11.5 million yuan ($ 1.8 million).
? net loss of 28.1 million yuan (435 million),
air griffey, compared with the same period in 2010 decreased 55%
? non-US GAAP does not count in the amortization, depreciation and interest income (EBITDA) in case of loss of 10.1 million yuan (160 million), compared with the same period in 2010, the EBITDA loss of $ 44.3 million yuan ($ 6.9 million) compared to the lower 77%.
Youku Chairman and CEO Victor Koo said: "Youku strong revenues in the new season once again, thanks to strong traffic growth continued to enhance the brand influence, and Youku teams outstanding performance,
wholesale caps and hats, we will continue to enhance user experience, and thus promote a virtuous cycle to promote revenue growth, investment and technology investments to increase the content,
air griffey max 1 Fresh water, traffic climbed three elements promote each other. The virtuous circle in China will strengthen our leading position in the field of Internet video, we long for the future potential confidence. "
Youku Liu, senior vice president and chief financial officer, said music: "I am pleased that we can once again achieve the highest expected value of the business, revenues continued to improve. vast amounts of video content, smooth viewing experience, the cost advantage is the size of the growth dynamics. recent second additional investment in the future to increase our ability to promote the companys rapid growth. "
2011 second quarter results
net income
net income reached 97.8 million yuan RMB 100 million ($ 30.6 million), up 178% over the same period in 2010,
free 5.0, and exceeds the highest expected value of the companys business 18%. Significant growth in net advertising revenue from the brands strong performance, its revenue reached RMB $ 190 million ($ 29.4 million),
wiper blade, compared with growth of 181% over the same period in 2010. Revenue growth was mainly attributed to increase in the number of brand advertisers, and advertising growth in the average customer.
bandwidth costs
2011 second quarter, the bandwidth cost of 66.3 million yuan ($ 10.3 million), accounting for 33% of net income. Same period in 2010, bandwidth, cost of revenues 65%.
content costs
content cost 49.5 million yuan ($ 7.7 million),
mlb caps, accounting for 25% of net revenues,
windscreen wiper blades, compared to 26%. New season TV series based on the flow, we adjusted the estimated amortization of the cost of TV content in 49.5 million yuan ($ 7.7 million) the contents of the costs, the 43.2 million yuan (670 million),
wiper blades, or 22% of net income from the second quarter of 2011 to adjust the amortization of the new estimate. RMB 6.3 million (97 million), or 3% of net income, adjusted from the second quarter of 2011 before the cumulative amortization of purchased TV series. If you continue to use the first quarter of 2011 before the amortization of the cost estimates of the contents of RMB 40.2 million ($ 6.2 million),
air griffey max 2, or 20% of net income will be recorded in the second quarter of 2011.
gross margin
2011 second quarter gross profit reached 52.9 million yuan (820 million), while the same period in 2010 was 11.5 million yuan ($ 1.8 million) in gross losses. Significant increase in gross profit from brand advertising revenues increase, but also because income was partially offset by increased costs.
operating costs
2011 second quarter operating costs of RMB 80.7 million (12.5 million), compared to same period in 2010 45.9 million yuan ($ 7.1 million) 76% increase. The cost increase is mainly used as a substantial business growth in the increase in operating expenses.
operating loss
2011 second quarter operating loss of RMB 27.8 million ($ 4.3 million),
nike air griffey max one, compared to the same period in 2010 improved by 52%. This is mainly due to a significant increase in gross margin.
net loss
2011 second quarter net loss of RMB 28.1 million (435 million), compared to the same period in 2010 improved by 55%. Per share basic and diluted loss per American Depositary Receipts (each ADS representing 18 shares of our Class A common stock) in the second quarter of 2011 were 0.26 yuan ($ 0.04) and 0.26 yuan ($ 0.04).
adjusted net loss
2011 second quarter, excluding stock option expense, after the non-US GAAP net loss was 20.8 million yuan ($ 3.2 million), compared with the same period in 2010, 63% improvement.
adjusted ex-dividend, tax,
dunk sb, depreciation and amortization loss
non-US GAAP adjusted ex-dividend, tax, depreciation and amortization loss (EBITDA) was 10.1 million yuan (160 million), compared to the same period in 2010, 77% improvement. Deducting expenses for the quarter adjusted for amortization of one-time charges, adjusted EBITDA loss of 800,
nike air griffey max gd ii,000 yuan ($ 120,000).
Business Outlook
Youku the third quarter of 2011 continued last year, compared with net income of 110% to 120% increase in the proportion that is expected to reflect the current preliminary expectations Youku, do not rule out the possibility of adjustments and changes.
conference call
Youku management team in the United States Eastern time the evening of 8 August 2011 9 pm (Beijing / Hong Kong time at 9:00 on August 9, 2011) earnings conference call held, interpret financial results and to answer questions. The conference call, please send an email to> ryan.cheung @ youku.com. Listen to the conference call the following numbers:
USA :1-866-700-6293
US / International :1-617-213-8835
Mainland China :86-400-881-1629 / 30
China (Telecom) :10-800-130-0399 / 120-2655
Hong Kong, China / International :852-3002-1672
in August 19,
dunk hi, 2011, can call the following telephone repeat listen:
1-888-286-8010
International :1-617-801-6888
Password: 41011255 #
the Investor Relations Web site Youku http://ir.youku.com conference call will be broadcast live, and to provide recording, save the recording period of 12 months.