Youdao (DAO) stock price, revenue, and financials

Youdao market cap is $522.9 m, and annual revenue was ¥731.60 m in FY 2018

$522.9 M

DAO Mkt cap, 14-Feb-2020

¥322.8 M

Youdao Revenue Q2, 2019
Youdao Gross profit (Q2, 2019)106.1 M
Youdao Gross profit margin (Q2, 2019), %32.9%
Youdao Net income (Q2, 2019)-75.9 M
Youdao EBIT (Q2, 2019)-83.1 M
Youdao Cash, 31-Dec-201939.8 M
Youdao EV1.4 B

Youdao Revenue

Youdao revenue was ¥731.60 m in FY, 2018 which is a 60.5% year over year increase from the previous period.

Embed Graph

Youdao Revenue Breakdown

Embed Graph

Youdao revenue breakdown by business segment: 41.4% from Online marketing services, 45.0% from Online courses services, 9.4% from Fee-based premium services and 4.2% from Other

Youdao Income Statement

Annual

CNYFY, 2017FY, 2018

Revenue

455.7m731.6m

Revenue growth, %

61%

Cost of goods sold

293.8m515.1m

Gross profit

161.9m216.5m

Gross profit Margin, %

36%30%

Sales and marketing expense

136.4m213.4m

R&D expense

133.1m184.0m

General and administrative expense

22.5m38.2m

Operating expense total

292.0m435.6m

EBIT

(130.0m)(219.1m)

EBIT margin, %

(29%)(30%)

Pre tax profit

(158.8m)(198.0m)

Income tax expense

5.2m11.3m

Net Income

(163.9m)(209.3m)

Quarterly

CNYQ1, 2019Q2, 2019

Revenue

225.7m322.8m

Cost of goods sold

172.8m216.7m

Gross profit

52.9m106.1m

Gross profit Margin, %

23%33%

Sales and marketing expense

64.0m122.2m

R&D expense

54.9m56.3m

General and administrative expense

13.1m10.7m

Operating expense total

131.9m189.2m

EBIT

(79.0m)(83.1m)

EBIT margin, %

(35%)(26%)

Pre tax profit

(91.1m)(75.1m)

Income tax expense

806.0k833.0k

Net Income

(91.9m)(75.9m)

Youdao Balance Sheet

Annual

CNYFY, 2018FY, 2019

Cash

41.7m39.8m

Accounts Receivable

80.6m65.1m

Prepaid Expenses

44.1k29.0m

Inventories

23.8m1.5m

Current Assets

595.1k145.0m

PP&E

18.4m13.3m

Total Assets

619.6m161.9m

Accounts Payable

34.6m19.9m

Short-term debt

878.0m878.0m

Current Liabilities

1.3b1.1b

Total Debt

878.0m878.0m

Total Liabilities

1.3b1.1b

Common Stock

58.0k41.0k

Preferred Stock

460.7m

Additional Paid-in Capital

138.0m83.1m

Total Equity

(680.8m)(958.0m)

Debt to Equity Ratio

-1.3 x-0.9 x

Debt to Assets Ratio

1.4 x5.4 x

Financial Leverage

-0.9 x-0.2 x

Quarterly

CNYQ2, 2019

Cash

52.3m

Accounts Receivable

167.4m

Prepaid Expenses

76.3m

Inventories

32.7m

Current Assets

611.2m

PP&E

22.8m

Total Assets

639.5m

Accounts Payable

34.8m

Short-term debt

878.0m

Current Liabilities

1.4b

Total Debt

878.0m

Total Liabilities

1.4b

Common Stock

58.0k

Preferred Stock

481.8m

Additional Paid-in Capital

209.8m

Total Equity

(776.9m)

Financial Leverage

-0.8 x

Youdao Cash Flow

Annual

CNYFY, 2017FY, 2018

Net Income

(163.9m)(209.3m)

Depreciation and Amortization

3.3m6.4m

Accounts Receivable

(20.1m)(15.5m)

Inventories

(1.5m)(22.3m)

Accounts Payable

8.8m14.6m

Cash From Operating Activities

(87.1m)(100.3m)

Purchases of PP&E

(10.6m)(13.7m)

Cash From Investing Activities

(10.8m)(374.0m)

Cash From Financing Activities

107.8m475.1m

Net Change in Cash

9.8m1.9m

Interest Paid

26.8m28.6m

Income Taxes Paid

3.8m1.7m

Quarterly

CNYQ2, 2019

Net Income

(167.9m)

Depreciation and Amortization

4.6m

Accounts Receivable

(86.8m)

Inventories

(8.9m)

Accounts Payable

238.0k

Cash From Operating Activities

(200.8m)

Purchases of PP&E

(9.3m)

Cash From Investing Activities

135.4m

Cash From Financing Activities

75.6m

Net Change in Cash

10.6m

Interest Paid

3.4m

Income Taxes Paid

1.8m

Youdao Ratios

CNYY, 2019

EV/EBIT

-16.4 x

EV/CFO

-6.8 x

Revenue/Employee

282.7k

Debt/Equity

-0.9 x

Debt/Assets

5.4 x

Financial Leverage

-0.2 x

Youdao Operating Metrics

Youdao's Monthly Active Users was reported to be 105 m in Q2, 2019.
FY, 2017Q2, 2018FY, 2018Q2, 2019

Gross Billings per Paid Student Enrollment

¥363 ¥508 ¥559 ¥751

Monthly Active Users

73.70 m93.10 m96.40 m105 m

Paid Student Enrollments

418 k318 k643 k338 k

Youdao Employee Rating

4.28 votes
Culture & Values
4.2
Work/Life Balance
4.8
Senior Management
4.3
Salary & Benefits
4.2
Career Opportunities
3.9
Source