Shanghai revenue dropped by 93%, and the monster charging monsters under the epidemic losses for three consecutive quarters

On the evening of June 15, the "Share Charging First Share" Monster Charging (EM.US) announced its unveiled financial report in the first quarter of 2022. Monster charging revenue in this fiscal season was 737 million yuan, a year -on -year decrease of 13.0%; net loss was 96.41 million yuan. The net income of the same period last year was 15.1 million yuan. This is the third quarterly loss of monster charging.

Monster charging mentioned in the financial report that the decline in revenue was mainly affected by the new crown epidemic, and the revenue of the mobile device charging business decreased. The charging business of mobile device is the main business of monster charging. In the first quarter of 2022, this part of the revenue decreased by 12.1%year -on -year to 718 million yuan, accounting for about 97.4%of the total revenue.

"The outbreak of the epidemic in cities such as Shanghai, Beijing, Shenzhen, Tianjin, Hangzhou, and Changchun has brought a large negative impact on our business in the local and its surrounding cities. The frequency of our point visits has also declined, "said Cai Guangyuan, CEO of Monster charging," and the large -scale epidemic in Shanghai, Beijing and other regions since March has also caused a great impact on our business in the second quarter of this year. "

The financial report shows that considering the impact of the epidemic, the revenue in the second quarter of 2022 is expected to be 660 million to 690 million yuan, compared with the revenue of 972 million yuan in the same period last year, it is expected to decrease by about 30 % year -on -year.

In the telephone meeting after the financial report, the management mentioned that from March to May, revenue from Shanghai dropped by about 93%. From the end of April to May, revenue from Beijing decreased by about 74%.

However, the impact of the epidemic has gradually eased since June. Management stated that "in Shanghai, the revenue of the first week of June was restored by 27%compared with the same period last year. The service demand in the region affected by the epidemic remained unchanged and quickly returned to normal level."

In Q1 in 2022, in terms of other revenue, the sales revenue of monsters' charging mobile power supply decreased by 48.3%year -on -year to 12.9 million yuan. Other income (including advertising service income and new business planned income) increased by 25.5%to 6.4 million yuan year -on -year, an increase of growth It is mainly due to the increase in users, advertising efficiency and new businesses.

The income cost of Monster charging in Q1 in 2022 increased by 2.4%year -on -year to 128 million yuan, of which sales and marketing expenses fell from 0.3%to 660 million yuan last year. reduce.

Although the outbreak of the epidemic has a negative impact on the business to varying degrees, the total number of points and cumulative registered users of monsters still increased in the first quarter. As of March 31, 2022, Monster charging a total of 861,000 POIs across the country, of which 38.9%were agency points. In the quarter, 12 million users were added, with a cumulative number of registered users of 298.9 million, and 5.7 million online shared charging treasures.

"In this quarter, we promoted the business model of direct business and channel camps to expand our point coverage." Monster charging COO Xu Peifeng said, "We have also upgraded the form of direct business and channel cooperation. In addition to opening more more than more, more openings are open more. Outside of the cities, we also enabled a new direct help model, which will be actively played by the local direct operating team to recruit and develop agents. Through deeper cooperation, the collaboration effect of the two core models is stimulated to achieve the direct and win -win results ","

Source | First Finance

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