Huya Inc ( (HUYA) ) has released its Q1 earnings. Here is a breakdown of the information Huya Inc presented to its investors.
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Huya Inc. is a leading game live streaming platform in China, known for its dynamic content across games, e-sports, and other entertainment genres, and it is expanding its presence both domestically and internationally.
In its first quarter of 2025, Huya Inc. reported stable total net revenues of RMB1,508.6 million, with a notable increase in game-related services, advertising, and other revenues. However, the company saw a significant drop in net income compared to the same period last year.
Key financial metrics for the quarter include a slight increase in total net revenues to RMB1,508.6 million, driven by a 52.1% year-over-year growth in game-related services and advertising revenues. Despite this, net income attributable to Huya Inc. fell to RMB0.9 million from RMB71.0 million in the previous year. Operating loss increased to RMB59.6 million, while the number of paying users remained steady at 4.4 million.
Huya’s management remains optimistic about future growth, emphasizing the potential of its international initiatives and AI integration in e-sports. The company is focused on expanding its overseas user base and enhancing its game-related commercialization capabilities, aiming to create a diversified and sustainable business model.