Youdao, Inc. · NYSE:DAO
Youdao — Q3 2024 Earnings Presentation
17 slides from Youdao's earnings presentation, Nov 14, 2024
Slide 1: Investor Relations, February 23, 2023
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: 2.2% YoY Growth in 3Q24
Net Revenues: 2.2% YoY Growth in 3Q24 RMB Millions 1,572.5 1,538.8 1,480.5 1,391.9 1,321.7 336.1 489.3 474.1 492.7 251.9 511.2 315.3 222.4 181.2 166.7 950.8 784.0 718.0 767.9 643.8 Learning Services Smart Devices Online Marketing Services
Slide 4: Income (Loss) from Operations: Record-high in 3Q24
Income (Loss) from Operations: Record-high in 3Q24 & First-ever Third-quarter Income from Operations RMB Millions 107.3 76.3 29.9 (57.7) (72.6)
Slide 5: Operating Cash Flow: Net Outflows Narrowed by 71.0% in 3Q24
Operating Cash Flow: Net Outflows Narrowed by 71.0% in 3Q24 RMB Millions 250.2 160.6 (85.4) (294.7) (391.0)
Slide 6: 2024 Operating Strategy
2024 Operating Strategy Digital content services AI-driven Online subscription marketing services services
Slide 7: AI Strategy
WAI Strategy RB youdao = ee : 223 ee
Slide 8: Digital Content Services
Digital Content Services Net Revenues from Digital Content Services RMB Millions
Slide 9: Digital Content Services: Youdao Lingshi
Digital Content Services: Youdao Lingshi Learning diagnosis Knowledge video library 知识体系完善 Personalized learning path (expand to nearly 40,000) recommendation 体系提供完善的知识图谱 提炼简明的高中知识体系 每阶段内容一次性释放 Watch learning points video Incorporate 每个视频区分不同难度星级 (tiered learning) Difficulty Gradation AI quiz recomm
Slide 10: AI-driven Subscription Services
AI-driven Subscription Services Youdao Dictionary Youdao Desktop Translation Hi Echo Mr. P AI Tutor U-Dictionary iRecord LectMate iArch Baby Genius One Translate Translator Youdao Dictionary: The language learning tool of choice with accumulated users of 1 billion+; iRecord: An audio transcription t
Slide 11: Online Marketing Services: Net Revenues Increased 45.6% in 3Q24
Online Marketing Services: Net Revenues Increased 45.6% in 3Q24 RMB millions
Slide 12: Online Marketing Services
Online Marketing Services RTA revenues: a record high in 3Q24, over 100% year- over-year increase. Integrate real-time monitoring across multiple dimensions. Main drivers: our expansion into new sectors and Optimize quality control. leveraging data applications and AI to optimize Identify potential
Slide 13: Advertising Large Language Model
Advertising Large Language Model
Slide 14: Smart Devices
Smart Devices AI Camara Mr. P AI Tutor Hi Echo AI Translation 78-million-word database
Slide 15: Summary of Key Financial Information
Summary of Key Financial Information (in RMB'000) Key Keybalance balancesheet sheetitems items September 30, 2024 June 30, 2023 December December 31, 2023 31, 2022 Cash Assets* 486,204 527,056 Accounts Receivable, Net 415,391 354,006 Inventories 178,556 217,067 Total Current Assets 1,324,044 1,299,9
Slide 16: Summary of Key Financial Information
Summary of Key Financial Information (in RMB'000, except for percentages) Key Income Statement Items 3Q24 2Q24 3Q23 Net Revenues 1,572,541 1,321,721 1,538,783 Learning Services 767,859 643,762 950,761 Smart Devices 315,305 166,722 251,879 Online Marketing Services 489,377 511,237 336,143 Cost of Rev
Slide 17: THANK YOU
THANK YOU