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Stock impact report

FinVolution Group (FINV) Q3 2024 Earnings Call Highlights: Strong International Growth and ... [Yahoo! Finance]

FinVolution Group American Depositary Shares (FINV) 
Company Research Source: Yahoo! Finance
Net Revenue: RMB3.3 billion, a 3% increase year over year. Net Income: RMB624 million, a 9% increase year over year. Sales and Marketing Expenses: RMB516 million, up 6% year over year. Leverage Ratio: 3.2 times. Total Liquidity Position: RMB9 billion, up 13% from December 2023. International Transaction Volume: RMB7.2 billion for the first nine months, up 29% year over year. International Revenue Contribution: RMB636 million, representing 19% of total revenues. Share Repurchase Program: USD24.3 million deployed in the third quarter to repurchase 4.6 million ADS. Warning! GuruFocus has detected 2 Warning Sign with FINV. Release Date: November 19, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript FinVolution Group ( NYSE:FINV ) achieved significant growth in international revenue, increasing from 3.7% in 2020 to an expected 20% in 2024. The company reported a strong increase in the number of new internationa Show less Read more
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