Mogu Inc Stock Price, News & Analysis

MOGU Inc. reported its financial results for Q1 fiscal 2022, revealing total revenues of RMB92 million, down 30.6% year-over-year. The Live Video Broadcast (LVB) segment saw GMV rise 14.7% to RMB2.6 billion, representing 90.8% of total GMV. Despite the growth in LVB, the overall GMV decreased by 8.2%. Loss from operations was RMB98 million, slightly worsening from RMB94.9 million the previous year. The competitive market drove up user acquisition costs, prompting the company to focus on diversifying revenue and optimizing operational efficiency.

MOGU Inc. (NYSE: MOGU) will report its unaudited financial results for Q1 FY2022, ending June 30, 2021, before U.S. markets open on August 27, 2021. The management will host an earnings call at 7:30 AM ET on the same day. The company aims to enhance the online fashion shopping experience through its KOL-driven platform, connecting merchants and users effectively. Investors can access a live and archived webcast of the call on MOGU’s Investor Relations website.

MOGU Inc. (NYSE: MOGU) announced that Hangzhou Juangua Network Co., Ltd. will acquire controlling equity in Hangzhou Ruisha Technology Co., Ltd. for RMB50 million. Following the transaction, MOGU will hold a 59.62% stake in Hangzhou Ruisha. This investment enhances MOGU’s capabilities to offer comprehensive services for brands looking to expand online. Chairman Qi Chen highlighted the importance of this investment in developing MOGU’s ecosystem for live video e-commerce.

MOGU Inc. (NYSE: MOGU) has filed its annual report on Form 20-F for the fiscal year ending March 31, 2021, with the U.S. SEC. The report is accessible on MOGU's investor website and the SEC's site. Shareholders can request a hard copy of the annual report, which includes audited consolidated financial statements, free of charge. MOGU is known as a KOL-driven online fashion and lifestyle destination in China, connecting merchants, KOLs, and users to enhance online shopping experiences.

MOGU Inc. (NYSE: MOGU) reported its unaudited financial results for Q4 and fiscal year 2021. Live eCommerce GMV surged by 42.0% year-over-year, constituting 87.2% of total GMV for the quarter. The company saw significant improvement in net loss, which decreased 85.3% to RMB328.0 million, and adjusted EBITDA, improving 83.9% to a loss of RMB51.5 million. Total revenues for FY 2021 fell 42.3% to RMB482.4 million. Overall, while MOGU is pivoting towards a live video broadcast model, revenue declines raise concerns about long-term sustainability.

MOGU Inc. (NYSE: MOGU) will release its unaudited financial results for the fourth quarter and fiscal year 2021 on May 28, 2021, before U.S. markets open. An earnings conference call will follow at 7:30 AM ET, with participation numbers available for various regions, including the U.S., China, and Hong Kong. Investors can access a replay of the call until June 4, 2021, and a webcast will be available on MOGU's Investor Relations website. MOGU focuses on KOL-driven online fashion and lifestyle retail in China, enhancing shopping experiences through merchant and influencer connections.

MOGU Inc. (NYSE: MOGU) reported its Q3 fiscal year 2021 results, with total revenues decreasing by 45.6% to RMB 146.5 million (US$22.5 million). The Company’s Live Video Broadcast (LVB) business grew by 20.9% year-over-year, accounting for 80.3% of total GMV. Net loss narrowed to RMB 36.7 million (US$5.6 million), and adjusted EBITDA turned positive at RMB 1.2 million (US$0.2 million). Cash and equivalents were RMB 820.1 million as of December 31, 2020. The management remains optimistic about leveraging KOLs for future growth.

MOGU Inc. (NYSE: MOGU) will report its unaudited financial results for the third quarter of fiscal year 2021 on February 25, 2021, before U.S. markets open. An earnings conference call is scheduled for the same day at 6:30 AM ET, with international dial-in options provided. A replay will be available until March 4, 2021. MOGU operates as a KOL-driven online fashion platform in China, facilitating connections between merchants, KOLs, and users for a better shopping experience.

MOGU Inc. reported its unaudited financial results for Q2 FY2021, ending September 30, 2020. Total revenue fell by 43.1% year-over-year to RMB112.5 million (approximately US$16.6 million). However, its live video broadcasting (LVB) segment saw a significant growth of 42.2% in GMV, reaching RMB2,316 million (about US$341.1 million), making up 74.4% of total GMV. The active LVB buyers rose 20.7% year-over-year to 3.5 million. While operating losses narrowed to RMB100.5 million, net loss attributed to shareholders was RMB93.7 million, down from RMB326.6 million a year earlier.