$Sea Ltd(SE)$  With its mammoth three headed business models, namely:

Shopee:

e-commerce market place platform that serves many (sellers) to many (consumers) models.

Garena:

Leading e sports in Southeast Asia

Sea Money:

Digital payment and financial service provider in Southeast Asia

The company's total losses has double up, stand at $931 million Vs $433 million last year same quarter.

Though revenue grew 28.9% to $2.98 billion from $2.28 billion quarter to quarter mainly supported by e commerce division.

It's gaming segments has been on declining trend, possible due to users mainly spending more time outdoor after pendamic lockdown or perhaps users are bored with existing gaming resulted in 15% quarterly active users a further 39% down in paid users.

Costs has increased substantial especially on R& D costs, almost double to $371 million from $172 million. It looks like Sea is going all out to "break the chain" in sustaining growth and at the same time managing innovative to attract more users per say.

Stock base compensation has significantly increased to $391 million from $112 million same quarter last year. I guess it's hard to resist in rewarding oneself over better earnings[Doubt] 

It's cash has been on declining stage since its peak on 2021 quarter 3. Signaling that Sea needs to have new avenue income stream if its to sustain its business and convinced the world that they are THE top notch player in Southeast Asia in gaming, market place and in digital payment.

How SEA able to navigate to not only better growth in revenue but at some point be profitable and remain profitable is not only test of time but also its creativity in executing new product mix and ensure users especially in gaming segment to be more engaging.

For now, it's wait for better price before enter your position as there is another rate hike coming in Sept 2022.

@TigerStars  @MillionaireTiger  

# Earning Season

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment91

  • Top
  • Latest
  • Lionel8383
    ·08-21
    Garena is their only profitable segment and it is on the decline. This company is clearly burning cash like an incinerator, it will take at least 3 years before you can expect anything positive
    Reply
    Report
  • Yonhuat
    ·08-18
    is this going down more from here?
    Reply
    Report
  • 这篇文章不错,转发给大家看
    Reply
    Report
  • i share some of my tips and tricks in my youtube channel, sgFIREmovement.
    https://youtu.be/iQ_XT7Ph1nY
    Reply
    Report
  • Zarkness
    ·08-18
    Headwinds are here to stay… earnings are not going to be great since post pandemic . Unless expectations are low… if not its going down from the highs to the lows
    Reply
    Report
  • skyblue8
    ·08-18
    Still has strong cash flows and making money 💪💰
    Reply
    Report
    Fold Replies
    • Zarkness
      Wait till it does not make money its too late liao
      08-18
      Reply
      Report
    • Lionel8383
      I think you need to look through the Form 10-Q carefully
      08-21
      Reply
      Report
  • Vandaluus
    ·08-18
    Sea needs to start making money
    Reply
    Report
  • Alvinkctan
    ·08-18
    Noted with thanks.
    Reply
    Report
  • setia100
    ·08-18
    e-commerce has met the recession headwind. SEA earnings at best stagnant if not slide 🤔
    Reply
    Report
  • Jason1616
    ·08-18
    Long term looks weak.
    Reply
    Report
  • QArmieeQ
    ·08-18
    As expected, E sport division negative.
    Reply
    Report
  • AdamDavis
    ·08-16
    Good company, maybe better to list in SG or HK.
    Reply
    Report
    Fold Replies
  • klostany
    ·08-21
    ok
    Reply
    Report
  • ChloeX
    ·08-18
    😄
    Reply
    Report
  • FooTY
    ·08-18
    Ok
    Reply
    Report
  • Gnoixed
    ·08-18
    ok
    Reply
    Report
    Fold Replies
    • Gnoixed
      good
      08-18
      Reply
      Report
  • GT90
    ·08-18
    !
    Reply
    Report
  • MisterCay
    ·08-18
    good
    Reply
    Report
  • AMN3236
    ·08-18
    pls like
    Reply
    Report
  • Skyjieni
    ·08-18
    Waooo
    Reply
    Report