HUYA Inc
NYSE:HUYA
HUYA Inc
HUYA, Inc. is a holding company, which engages in the development of game live streaming platform. The company is headquartered in Guangzhou, Guangdong. The company went IPO on 2018-05-11. The firm cooperates with e-sports event organizers, game developers and publishers to develop e-sports live streaming. Its game contents include gameplay, e-sports tournament events and other e-sports game shows. The firm also offers non-game entertainment content, such as talent shows, anime and outdoor activities. The Company’s platforms include its Huya Live mobile application (app), website www.huya.com, and personal computer (PC) clients. The company also develops and operates certain mobile games jointly with third-party distribution platforms, and game-related apps. The firm has also created an interactive online community in which a range of functions are provided for the users, including bullet chatting, real-time commenting and gifting. The firm conducts its businesses in domestic market.
HUYA, Inc. is a holding company, which engages in the development of game live streaming platform. The company is headquartered in Guangzhou, Guangdong. The company went IPO on 2018-05-11. The firm cooperates with e-sports event organizers, game developers and publishers to develop e-sports live streaming. Its game contents include gameplay, e-sports tournament events and other e-sports game shows. The firm also offers non-game entertainment content, such as talent shows, anime and outdoor activities. The Company’s platforms include its Huya Live mobile application (app), website www.huya.com, and personal computer (PC) clients. The company also develops and operates certain mobile games jointly with third-party distribution platforms, and game-related apps. The firm has also created an interactive online community in which a range of functions are provided for the users, including bullet chatting, real-time commenting and gifting. The firm conducts its businesses in domestic market.
Revenue Growth: Total net revenues reached RMB 1.69 billion, up 10% year-over-year, marking the highest level in nine quarters.
Business Mix: Game-related services, advertising, and other revenues grew 30% year-over-year and now account for over 31% of total revenue.
In-Game Item Sales: In-game item sales revenue surged more than 200% year-over-year, becoming a significant growth driver.
Live Streaming Recovery: Live streaming revenues returned to growth, up 3% year-over-year, the first positive growth since Q3 2021.
Profitability: Gross profit rose 11% to RMB 227 million while operating loss narrowed sharply. Non-GAAP operating income reached RMB 6.3 million.
Stable User Base: Total MAUs remained stable at around 162 million, and domestic paying users held steady at 4.4 million.
Game Publishing Milestone: Huya prepares to launch its first published game, Goose Goose Duck Mobile, with over 10 million preregistrations.
