Youdao, Inc. · NYSE:DAO
Youdao — Q1 2025 Earnings Presentation
17 slides from Youdao's earnings presentation, May 15, 2025
Slide 1: Investor Relations
Investor Relations, February 23, 2023
Slide 2: Forward-looking statements
This presentation contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-l
Slide 3: Net Revenues
Net Revenues RMB Millions 1,572.5 1,391.9 1,339.8 1,321.7 1,298.3 489.3 492.7 481.7 511.2 505.4 315.3 181.2 166.7 240.4 190.5 718.0 767.9 643.8 617.7 602.4 Learning Services Smart Devices Online Marketing Services
Slide 4: Record-high First-quarter Income from Operations in 1Q25
Record-high First-quarter Income from Operations in 1Q25 RMB Millions 107.3 84.2 104.0 29.9 (72.6)
Slide 5: Operating Cash Flow: Net Outflows Narrowed by 34.7% in 1Q25
Operating Cash Flow: Net Outflows Narrowed by 34.7% in 1Q25 RMB Millions 250.2 158.2 (85.4) (255.5) (391.0)
Slide 6: 2025 Operating Strategy
2025 Operating Strategy AI + Learning Services AI AI + + Online Smart Marketing Devices Services
Slide 7: AI Strategy
AI Strategy Note: LLM stands for Large Language Model.
Slide 8: Youdao's Position
Youdao’s Position Youdao is strategically positioned as an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals.
Slide 9: Digital Content Services: Youdao Lingshi
Digital Content Services: Youdao Lingshi Learning diagnosis Sophisticated and Differentiated Products Personalized learning path • AI + pre-recorded & tiered learning + comprehensive services recommendation AI-based College Admission Advisers Upgraded in 1Q25 Watch learning points video • A one-stop
Slide 10: AI-driven Subscription
AI-driven Subscription Youdao Dictionary Youdao Desktop Translation Hi Echo Mr. P AI Tutor U-Dictionary iRecord LectMate iArch Baby Genius One Translate Translator Youdao AI Podcast Assistant Youdao Dictionary: The language learning tool of choice with accumulated users of 1 billion+; iRecord: An au
Slide 11: Online Marketing Services
MH Online Marketing Services #@iG youdao Net Revenues from Online Marketing Services Youdao MagicBox Launched in 1Q25 * RMBS505.4 million in 1Q25, up 2.6% year-over-year * Leveraged our large language model, Confucius Overseas Advertising Expansion 7 oes Lo . - AnAlI-powered creative suite that auto
Slide 12: Solid Advertising Client Base in Gaming Industry
Solid Advertising Client Base in Gaming Industry
Slide 13: Advertising Large Language Model
Advertising Large Language Model
Slide 14: Smart Devices
Mi Smart Devices RE youdao Net Revenues from Smart Devices Youdao SpaceOne * RMB190.5 million in 1Q25, up 5.1% year-over-year Youdao Dictionary Pen: Our Core Product * Youdao SpaceOne launched in 1Q25 > AnAlI-powered large screen tutoring pen featuring our Confucius multi-modal large language model
Slide 15: Summary of Key Financial Information (in RMB'000)
Summary of Key Financial Information (in RMB’000) Keybalance Key balance sheet sheet items items June 30, 2023 March 31, 2025 December 31, 2022 December 31, 2024 Cash Assets* 421,303 659,352 Accounts Receivable, Net 417,315 418,644 Inventories 155,651 174,741 Total Current Assets 1,228,198 1,486,768
Slide 16: Summary of Key Financial Information (in RMB'000, except for percentages)
Summary of Key Financial Information (in RMB’000, except for percentages) Key Income Statement Items 1Q25 4Q24 1Q24 Net Revenues 1,298,262 1,339,798 1,391,859 Learning Services 602,414 617,673 717,996 Smart Devices 190,498 240,444 181,198 Online Marketing Services 505,350 481,681 492,665 Cost of Rev
Slide 17: Thank You
THANK YOU