MOGU Full Year 2024 Earnings: CN¥6.85 loss per share (vs CN¥20.90 loss in FY 2023)

MOGU (NYSE:MOGU) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥160.3m (down 31% from FY 2023).
• Net loss: CN¥59.3m (loss narrowed by 67% from FY 2023).
• CN¥6.85 loss per share (improved from CN¥20.90 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

In the last 12 months, the only revenue segment was Domestic Business contributing CN¥160.3m. Notably, cost of sales worth CN¥91.2m amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to CN¥67.4m (49% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥10.1m. Explore how MOGU's revenue and expenses shape its earnings.

MOGU shares are down 7.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with MOGU (at least 1 which is significant), and understanding them should be part of your investment process.

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