Sea Ltd
SE
ISIN US81141R1005 / Valor 38497535
Sea Ltd
UMushroom community rating:
About company
Sea Ltd is a leading technology company in Southeast Asia that operates three main businesses: Garena, Shopee, and SeaMoney. Garena is a leading global online games developer and publisher, Shopee is a leading e-commerce platform in Southeast Asia and Taiwan, and SeaMoney is a digital financial services provider. Sea Ltd's innovative approach to technology and digital services has positioned it as a key player in the region's rapidly growing digital economy.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (07.08.2024):
Revenue Growth
Sea Ltd reported a total GAAP revenue of US$3.7 billion for the first quarter of 2024, marking a 22.8% increase year-on-year. This growth was primarily driven by the strong performance of its e-commerce and digital financial services segments.
Gross Profit
The company's total gross profit for Q1 2024 was US$1.6 billion, reflecting a 9.7% increase compared to the same period in 2023. This improvement underscores Sea Ltd's ability to enhance its profitability despite challenging market conditions.
Net Loss
Sea Ltd recorded a total net loss of US$23.0 million for the first quarter of 2024, a significant shift from the net income of US$87.3 million reported in Q1 2023. This change highlights the company's increased investments and operational costs during the period.
E-commerce Performance
In the e-commerce segment, Sea Ltd achieved gross orders totaling 2.6 billion for Q1 2024, a 56.8% year-on-year increase. The segment's GAAP revenue rose by 32.9% to US$2.7 billion, driven by robust growth in both core marketplace and value-added services revenue.
Digital Financial Services
Sea Ltd's digital financial services segment reported a GAAP revenue of US$499.4 million for the first quarter of 2024, up 21.0% year-on-year. The segment's adjusted EBITDA also saw a significant increase of 50.3%, reaching US$148.7 million, indicating strong profitability and growth momentum.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
49476 M
Market cap (USD)
672,363
Daily traded volume (Shares)
96.86 / 95.26
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
Robin Roten
Luba Schoenig
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