Alibaba Group Announces Quarterly Financial Results

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Alibaba Group Thursday announced financial results for the quarter ended June 30, 2017. You’ll find highlights in the infographic and summary below. To read Alibaba Group’s press release covering the results in greater detail, click here.

By the Numbers

Highlights

  • Blowout quarter. Strong beat top to bottom
  • Robust revenue growth of 56% YoY
  • Cloud revenue up 96% YoY; paying customers exceeded 1 million milestone
  • Tmall recorded 49% year-over-year growth for physical goods GMV in the quarter, furthering our market leadership in B2C
  • Company will increase investment in 2nd half of the year to grow B2C market share

Summary Financials

  • Total revenue growth of 56% YoY to US$7.4 billion
  • Strong Core Commerce revenue growth of 58% YoY to US$6.3 billion
  • Highly profitable Core Commerce segment, grew adjusted EBITA by 62% to nearly US$4 billion; 63% adjusted EBITA margin, expanded 2 percentage points YoY
  • 96% revenue growth YoY in Cloud Computing, coming in at US$359 million
  • Free cash flow was US$3.3 billion powering continued investment in future growth across cloud, digital media and entertainment and innovation initiatives
  • Diluted EPS was US$0.83, up 92% YoY; with non-GAAP diluted EPSi of US$1.17, up 65% YoY

Strong User Growth Engagement and Monetization in Core Commerce

  • Mobile Monthly Active Users on China retail marketplaces reached 529 million in June 2017, an increase of 22 million over March 2017
  • Annual active consumers (formerly annual active buyers) on China retail marketplaces reached 466 million, up 12 million from the prior quarter
  • China commerce retail revenue per annual active consumer increased to US$40, up from US$36 in the prior quarter
  • Mobile revenue per mobile MAU increased to US$29, up from US$26 in the prior quarter Cloud Business: Hitting Milestones, Continuing Growth Trajectory
  • Paying customers passed the 1 million customer milestone to reach 1,011,000, up from 874,000 in the previous quarter
  • Cloud revenues grew 96% YoY to US$359 million driven primarily by an increase in paying customers and improving revenue mix of higher value-added services, which is reflected in ARPU expansion
  • Expanding the total size of this market with customer friendly solutions remains our top priority

Growing Traction of Digital Media and Entertainment

  • Revenue from digital media and entertainment increased 30% YoY to US$602 million
  • A mixture of licensed and original content yielded hit drama and variety shows, with daily average subscribers of Youku video increasing over 100% year-on-year(Non-GAAP figures exclude share-based compensation expense, non-cash revaluation gain and certain other items.)

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