Pinwan, May 27, Lizhi (Nasdaq: LIZI) today announced the company’s unaudited financial results for the first quarter of fiscal 2022 ended March 31, 2022. According to the report, Litchi’s first-quarter net revenue was 516.7 million yuan (about 81.5 million U.S. dollars), an increase of 4% compared with 495.1 million yuan in the same period last year; net profit was 16.4 million yuan (about 2.6 million U.S. dollars) ), compared with a net loss of 70 million yuan in the same period last year, a year-on-year turnaround; a non-GAAP net profit of 25.2 million yuan (about 4 million US dollars), compared with the same period last year The non-GAAP net loss was RMB 61.8 million.
The total average mobile MAU (monthly active users) of Lizhi reached 51.5 million in the first quarter, compared with 59.7 million in the same period last year;
The total number of monthly average paying users in the first quarter of Lizhi reached 482,200, an increase of 2% compared with 474,700 in the same period last year.
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Sohu Pinwan TechWeb Dynamic Technology
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