Youdao, Inc. · NYSE:DAO
Youdao — Q4 2024 Earnings Presentation
18 slides from Youdao's earnings presentation, Feb 20, 2025
Slide 1: Investor Relations, February 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: 4.4% YoY Growth in 2024
Net Revenues: 4.4% YoY Growth in 2024 RMB millions 5,625.9 5,389.2 1,339.8 1,480.5 1,572.5 1,538.8 1,321.7 1,206.6 1,163.3 1,391.9 1Q23/1Q24 2Q23/2Q24 3Q23/3Q24 4Q23/4Q24
Slide 4: First-Ever Full Year Income from Operations in 2024
First-Ever Full Year Income from Operations in 2024 RMB millions RMB millions 107.3 84.2 76.3 148.8 29.9 (72.6) (466.3)
Slide 5: Operating Cash Flow: Net Outflows Narrowed by 84.5% in 2024
Operating Cash Flow: Net Outflows Narrowed by 84.5% in 2024 RMB millions RMB millions 250.2 160.6 158.2 (85.4) (67.9) (391.0) (438.1)
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: Youdao Lingshi
Digital Content Services: Youdao Lingshi Learning diagnosis Sophisticated and Differentiated Products Personalized learning path recommendation • AI + pre-recorded & tiered learning + comprehensive services Watch learning points video (tiered learning) Optimized Customer Acquisition Channels • Leadi
Slide 9: 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+; U-Dictionary：Translation tool for
Slide 10: Mr. P AI Tutor: DeepSeek-R1 Integration
Mr. P AI Tutor: DeepSeek-R1 Integration
Slide 11: Online Marketing Services: Net Revenues Increased 48.3% in 2024
Online Marketing Services: Net Revenues Increased 48.3% in 2024 RMB millions 1,975.0 481.7 1,331.9 489.4 474.1 511.2 336.1 303.6 492.7 218.1 1Q23/1Q24 2Q23/2Q24 3Q23/3Q24 4Q23/4Q24
Slide 12: Online Marketing Services
Online Marketing Services Record-breaking 4Q24 revenues in the following industries : Developed an evaluation model for KOL video conversion effectiveness. Gaming AI Tools Recently established an official partnership with Google. Youdao played a pivotal role in the global promotion of the game Marve
Slide 13: Solid Advertising Client Base in Gaming Industry
Solid Advertising Client Base in Gaming Industry
Slide 14: Advertising Large Language Model
Advertising Large Language Model
Slide 15: Smart Devices
Smart Devices increased around 20% Incorporate DeepSeek Deliver in-depth analytical reasoning capabilities Provide clearer guidance for complex problem- solving scenarios
Slide 16: Summary of Key Financial Information (in RMB'000)
Summary of Key Financial Information (in RMB’000) Key Keybalance sheetitems balance sheet items December 31, 2024 June 30, 2023 December December 31, 2023 31, 2022 Cash Assets* 659,352 527,056 Accounts Receivable, Net 418,644 354,006 Inventories 174,741 217,067 Total Current Assets 1,486,768 1,299,9
Slide 17: 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 4Q24 3Q24 4Q23 Net Revenues 1,339,798 1,572,541 1,480,521 Learning Services 617,673 767,859 784,012 Smart Devices 240,444 315,305 222,407 Online Marketing Services 481,681 489,377 474,102 Cost of Rev
Slide 18: THANK YOU
THANK YOU