Chapter 139
Around 10:00 this morning, Bluestar Technology officially released the company's first-quarter audited financial report.
At this moment, the incredible Xu Chenghua has repeatedly browsed the data and information published in the newspaper, and read it over and over again. Because it is a global business summary, it is calculated in US dollars. Otherwise, it will be more shocking to exchange soft sister coins.
The audited financial report for the first quarter ended March 31, 2005 issued by Bluestar Technology Group shows:
The group's total revenue for the quarter was US$434 million, and the revenue from advertising was US$426 million, accounting for more than 90% of the revenue, and the rest was revenue from digital music and virtual gifts.
In this revenue data, overseas revenue accounted for 337 million US dollars, accounting for % of total revenue, and overseas revenue accounted for an absolute proportion.
The revenue from [BlueSpace] was US$397 million, accounting for % of the total revenue, of which the revenue from virtual gifts was US$15.8 million, accounting for the majority of the revenue of [BlueSpace]. The proportion is 3.97%;
Revenue from the digital music business segment was $27.03 million. Song sales are currently the only source of revenue for this business segment, with a net loss of $0.004 per song sold. This quarter, 45.81 million songs were sold. It is operating at a loss, but its performance is eye-catching.
The revenue from the online video business segment was US$6.81 million, and currently [Bluestar Video] is in a state of huge losses.
Revenue from the search business segment was $2.98 million, still at a loss.
In the company's major business sectors, only the real-name social networking site [BlueSpace] has turned losses into profits, and has achieved a major financial turnaround of the company, far exceeding the expectations of Wall Street analysis by more than twice.
Bluestar Technology Group's costs and expenses for the quarter: $431 million
Operating profit: $3.17 million
Profit margin: 0.729%
Net profit: $1.79 million
Free cash flow: $1.1 billion
Total number of employees: 5,860, an increase of 771% over the same period last year, of which 1,934 are overseas employees, accounting for about 33%.
This detailed audited financial report, Xu Chenghua read it over and over five times, until now the whole person is still in a state of shock.
Its revenue figures are incredible.
He never imagined that Bluestar Technology Group, which had been losing money so far, could turn losses into profits overnight, achieve a major financial turnaround, and have a surplus of more than 10 million yuan in soft sister coins after removing all the costs.
Bluestar's real-name social networking site business segment achieved a financial turnaround in the first quarter, with a net profit of 14.66 million yuan ($1.79 million).
The rhythm of this financial report is almost blinding, which can be called an industry myth.
If the other loss-making business segments of Bluestar Technology Group were removed, the revenue for this quarter would be even more unimaginable, but the most incredible thing is that Bluestar Technology owns these business segments, even though these business segments are now losing money. [￥￥iqi literature *x-on:novel is better and faster]
But what about the future?
Thinking this way is even more eye-catching.
It is worth mentioning that Luo Sheng went abroad to discuss the acquisition business of the three game developers in person. The total expenditure of 663 million US dollars has not been officially paid, so it is not included in the list of costs and expenses for the first quarter.
Xu Chenghua put down the newspaper, and it took a long time to calm down the shock in his heart, and muttered to himself, "Is this the terrifying benefit generated by the accurate push of user real-name data..."
It's impossible to say that you don't envy the hot eyes. Everyone is social, but QQ's advertising monetization ability is really...indescribable.
The number of users of Bluestar's real-name social networking site in China is only about half of that of QQ, but the advertising revenue generated is comparable to 159% of Tengxun's revenue.
However, it is worth mentioning that the domestic income is far less than the income brought by the developed regions in the world, which is also reasonable.
Bluestar's domestic revenue in this quarter was about ¥797 million ($97.34 million), accounting for only about % of the total revenue. The domestic market is indeed inferior to the world market.
At this time, Xu Chenghua realized that it was a wise choice for Luo Sheng to spend far more than the domestic operation investment, even at any cost, to fully promote the globalization of the business.
If there is no such move, Bluestar Technology may have lost 337 million US dollars, and what is more serious is that overseas companies will copy Bluestar Technology's model because of ignoring the international Internet market. In the end, the reverse was true, and the founder, Bluestar Technology, could only shrink in the domestic market.
With the disclosure of this detailed audited financial report, Bluestar Technology Group threw a depth bomb, and the entire industry was bombarded.
This time, whether it is in the technology circle at home and abroad, or on Wall Street, it is boiling.
...
[Unbelievable financial report, revenue of $434 million and net profit of $1.79 million in the first quarter, Bluestar Technology, which was established just over two years ago, has successfully turned losses into profits. myth. ]—The Wall Street Journal
[Bluestar Technology publicly disclosed the first-quarter report for the first time, with an operating income of RMB 100 million and a net profit of RMB 14.66 million. A world-class multinational Internet giant is on the rise] - "Sohu"
[In a financial report, Luo Sheng and the Bluestar Technology he founded are the best in the industry. It may be more appropriate to change "BALT" to "L-BAT". ] - "Science and Technology Daily"
...
After the release of the first quarter audited financial report of Bluestar Technology, it became the most important headline news in the financial sector and the industry on that day. Radiating out of the circle.
Not only domestic relevant media are reporting hype, even mainstream media are following up on reports, and even more than foreign countries, such as "Guardian", "Empire", "Silicon Valley", "New York Times" and other world-renowned newspapers have cited reports.
The most boiling is undoubtedly Wall Street, especially the investors of Bluestar Technology. They will wake up laughing from their dreams and bet on the baby. This is the second Google, even better than Google in terms of potential.
And the discussion on the Internet is also quite hot.
"It's just that I don't have a culture, and I'm going all over the world with a lie."
"To create a revenue of 100 million yuan in one quarter, doesn't it mean that it will generate more than 14 billion yuan within a year?"
"More than that? Bluestar Technology has been growing at a high speed. This year's total revenue exceeds 20 billion yuan. It is not a problem. It is the number one Internet giant in China. I am afraid there is no objection."
"It's too bad, and our country has finally produced an Internet IT giant that can compete with Google and Yahoo."
"I'm afraid that Luo Sheng is the richest man in China is already a certainty. I'm not afraid, there is no suspense anymore."
"Every time I remember that I am a few years older than Mr. Luo, he is about to become the richest man, but I was playing "World of Warcraft" in an Internet cafe, inexplicably feeling a touch of sadness, I smashed the keyboard of the Internet cafe in a fit of rage The webmaster is here."
"People are more popular than dead people."
"Brother Luo Sheng, who is rich and talented, my sister wants to marry you~~"
"Sister paper? Wake up, don't talk about President Luo, even I'm the man you'll never get."
"Are you serious upstairs?"
"No problem."
"What's there to brag about? Don't forget that nearly half of Bluestar's shares are foreign capital, to be precise, Wall Street capital. Luo Sheng is just a high-level Wall Street wage earner. a foreign company."
"Come, come, he came with the keyboard."
"I'm laughing so hard. Just talking about Wall Street's shareholding, why don't you say that more than 77% of Bluestar Technology's income comes from overseas? You can find me the second domestic Internet company that can earn foreigners' money. What about the company?"
"What about Hua Wei? It seems that the overseas market has more than half of the revenue this year."
"Wah Wei doesn't count. It belongs to the consumer electronics and communications companies, and its benchmark is Cisco. Bluestar Technology is the benchmark for IT giants such as Google."
"Even if it is not rigorous, if Bluestar Technology has no international capital, the domestic revenue this time is less than 100 million US dollars. And nearly half of the company's revenue flowed into Wall Street, but in fact the total revenue exceeded 100 million US dollars. 400 million US dollars, then half of the equity was sold, but the actual income exceeded 200 million US dollars, and more than 77% of it was earned by foreigners. As long as you have a normal mind, you will know how to choose.”
"Obviously, the sprayer upstairs has no brains."
"I don't care about this, I only know that Bluestar Technology has made money from foreigners and is creating hundreds of millions of dollars in foreign exchange for the country. I have been a fan of such a company for the rest of my life."
"Haha, according to news reports, after Bluestar Technology released its first-quarter audited financial report, the share price of Tengxun next door soared by 30+%. The Hong Kong stock market is boiling, and Penguin may become the biggest winner."
"There's nothing wrong with saying that. It is rumored that Penguin seems to hold nearly 10% of the shares of Bluestar Technology."
...
:. :