Trade The News story
Reports Q4 $0.91 v $0.88e, Rev $9.87B v $9.17Be
- Guides initial FY19 Rev >60%* (Ex-Ele.me & Cainiao network >50%)
- Number of active buyers 552M v 515M y/y, +7.2% y/y
- Adj EBITDA (in RMB) 19.5B, +17% y/y
- Adj EBITDA margin 31% v 43% y/y
-Core Commerce Rev (in RMB) 51.3B v 31.6B y/y, +62% y/y
- Mobile MAU 617M v 580M q/q, +6% q/q
- Cloud computing Rev $699M, RMB4.39B, +103% y/y
- During the March 2018 quarter, Ant Financial continued to aggressively invest in their business leading to robust user acquisition and engagement. These investments resulted in a net loss for Ant Financial in the quarter. During the fiscal year ended March 31, 2018, Alipay, together with its global JV partners, served around 870 million annual active users globally. Ant Financial also supports economic development in China by serving more than 15 million small businesses as of March 2018 through lending, cash management and insurance services.
- Number of active buyers 552M v 515M y/y, +7.2% y/y
- Adj EBITDA (in RMB) 19.5B, +17% y/y
- Adj EBITDA margin 31% v 43% y/y
-Core Commerce Rev (in RMB) 51.3B v 31.6B y/y, +62% y/y
- Mobile MAU 617M v 580M q/q, +6% q/q
- Cloud computing Rev $699M, RMB4.39B, +103% y/y
- During the March 2018 quarter, Ant Financial continued to aggressively invest in their business leading to robust user acquisition and engagement. These investments resulted in a net loss for Ant Financial in the quarter. During the fiscal year ended March 31, 2018, Alipay, together with its global JV partners, served around 870 million annual active users globally. Ant Financial also supports economic development in China by serving more than 15 million small businesses as of March 2018 through lending, cash management and insurance services.