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Stock impact report

Sea Limited Reports Fourth Quarter and Full Year 2019 Results

Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE) 
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: seagroup.com/investor/home
Company Research Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2019.Fourth Quarter 2019 HighlightsGroup Total adjusted revenue was US$909.1 million, up 133.5% year-on-year from US$389.3 million for the fourth quarter of 2018.Total gross profit was US$264.9 million, compared to US$(8.0) million for the fourth quarter of 2018.Total adjusted EBITDA was US$(104.9) million compared to US$(203.6) million for the fourth quarter of 2018.Digital EntertainmentAdjusted revenue was US$479.9 million, up 107.4% year-on-year from US$231.4 million for the fourth quarter of 2018.Adjusted EBITDA was US$266.4 million, up 153.2% year-on-year from US$105.2 million for the fourth quarter of 2018.Adjusted EBITDA margin increased to 55.5% for the fourth quarter of 2019 from 45.5% for the fourth quarter of 2018.Quarterly active users ("QAUs") reached 354.7 million, an increase of 64.1% year-on-year f Show less Read more
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