Investor Presentation November 2023 ...

Bilibili Inc. (NASDAQ:BILI) Q3 2023 Earnings Conference Call November 29, 2023 7:00 AM ET Company Participants Juliet Yang - Executive Director-Investor Relations Rui Chen - Chairman of the Board of Directors & Chief Executive Officer Sam Fan - Chief Financial Officer Conference Call Participants Zhang Xueqing - CICC Fang Wei - Mizuho Felix Liu - UBS Zhang Lei - Bank of America Operator Good day, and welcome to the Bilibili Third Quarter 2023 Financial Results and Business Update Conference Call. Today's co ...

Exhibit 99.1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Bilibili Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability) ...

Bilibili Inc. (NASDAQ:BILI) Q2 2023 Earnings Conference Call August 17, 2023 8:00 AM ET Company Participants Juliet Yang - Executive Director of Investor Relations Sam Fan - Chief Financial Officer Rui Chen - Chairman of the Board and Chief Executive Officer Carly Lee - Vice Chairwoman of the Board and Chief Operating Officer Conference Call Participants Xueqing Zhang - CICC Lei Zhang - Bank of America Securities Kenneth Fong - Credit Suisse Yiwen Zhang - China Renaissance Lincoln Kong - Goldman Sachs Opera ...

Financial Performance - Total net revenues for the six months ended June 30, 2023, were RMB10.4 billion, representing a 4% increase from RMB10.0 billion for the same period in 2022[4] - Gross profit increased by 51% year-over-year to RMB2.3 billion, with a gross profit margin of 22.5%, up from 15.5% in the same period last year[4] - Net loss narrowed by 49% to RMB2.2 billion, while adjusted net loss narrowed by 45% to RMB2.0 billion[4] - Total net revenues for the first half of 2023 were RMB10.4 billion, a 4% increase from RMB10.0 billion in the same period of 2022[31] - Revenues from value-added services (VAS) were RMB4.5 billion, representing a 7% increase from RMB4.2 billion year-over-year, driven by live broadcasting growth[32] - Advertising revenues reached RMB2.8 billion, a 29% increase from RMB2.2 billion in the first half of 2022, primarily due to improved advertising product offerings[33] - Mobile games revenues decreased by 16% to RMB2.0 billion from RMB2.4 billion, attributed to a lack of new game launches[34] - Total comprehensive loss for the six months ended June 30, 2023, was RMB (1,957,835) compared to RMB (3,960,333) for the same period in 2022, indicating a significant reduction in losses[66] - The net loss attributable to Bilibili Inc.'s shareholders for the six months ended June 30, 2023, was RMB 2,174,393 thousand, significantly reduced from a net loss of RMB 4,288,909 thousand in 2022, indicating an improvement of approximately 49.3%[92] User Engagement - Average daily active users (DAUs) reached 95.1 million, a 17% increase from 81.4 million for the same period in 2022[4] - Monthly active users (MAUs) reached 319 million, with a DAU/MAU ratio of 29.8%, up from 27.2% in the same period last year[12] - Total daily video views increased by 34% year-over-year to 4.1 billion, with Story Mode's daily video views growing by 78%[14] - Over 2.1 million creators earned money through various Bilibili channels, representing a 41% increase year-over-year[15] - The average daily time spent on the platform was 95 minutes, the highest level for a first half year period in the company's operating history[17] Operating Expenses - Total operating expenses declined by 13%, including a 26% decrease in sales and marketing expenses[11] - Total operating expenses decreased by 13% to RMB5.0 billion from RMB5.7 billion year-over-year[38] - Sales and marketing expenses were RMB1.8 billion, a 26% decrease from RMB2.4 billion, primarily due to reduced promotional spending[39] Cash Flow and Assets - Cash and cash equivalents decreased by 27% to RMB14.3 billion as of June 30, 2023, down from RMB19.6 billion as of December 31, 2022, primarily due to the repurchase of 2027 Notes for RMB5.3 billion[44] - Total current assets decreased from RMB 24,452,888 as of December 31, 2022, to RMB 18,710,694 as of June 30, 2023[67] - Total liabilities decreased from RMB 26,590,983 as of December 31, 2022, to RMB 18,362,675 as of June 30, 2023[68] - Net cash used in operating activities for the six months ended June 30, 2023, was RMB (651,158), a decrease from RMB (2,104,516) for the same period in 2022[71] - Net cash provided by investing activities for the six months ended June 30, 2023, was RMB 1,010,143, compared to RMB (647,890) for the same period in 2022[71] Shareholder Information - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2023[62] - The company did not recommend the distribution of any dividend for the six months ended June 30, 2022, and 2023[93] - The weighted average number of ordinary shares outstanding increased to 412,013,005 for the six months ended June 30, 2023, compared to 394,142,409 in 2022[92] Employee Information - As of June 30, 2023, the company had a total of 10,354 employees, a decrease from 11,092 employees as of December 31, 2022[49] Future Outlook - The company aims to enhance traffic commercialization efficiency and introduce more high-quality games in the second half of 2023[28]

Investor Presentation August 2023 ...

Exhibit 99.1 Bilibili Inc. Announces First Quarter 2023 Financial Results SHANGHAI, June 1, 2023 — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights: • Total net revenues were RMB5.1 billion (US$738.2 million), representing an increase of 0.3% from the same period of 2022. Revenues from ...

Financial Data and Key Metrics Changes - Total net revenue for Q1 2023 was RMB5.1 billion, flat compared to the same period last year [17] - Gross profit increased by 37% year-over-year to RMB1.1 billion, with gross margin improving to 22% from 16% [17][18] - Net loss narrowed by 72% year-over-year to RMB630 million, with a net loss ratio of 12%, down from 45% a year ago [18] Business Line Data and Key Metrics Changes - Advertising revenue grew by 22% year-over-year to RMB1.3 billion, driven by improvements in ad infrastructure [13][17] - VAS revenue increased by 5% year-over-year to RMB2.2 billion, primarily due to growth in live broadcasting [12] - Game revenue for Q1 was RMB1.1 billion, with plans to release eight new titles in domestic markets [14] - Revenue from IP derivatives decreased by 15% year-over-year to RMB510 million, but margins improved significantly [15] Market Data and Key Metrics Changes - Daily Active Users (DAUs) grew by 18% year-over-year to 93.7 million, while Monthly Active Users (MAUs) reached 315 million [5][17] - The DAU to MAU ratio improved to 29.7% from 27% a year ago [5] - Average daily time spent on the platform remained stable at 96 minutes, with monthly interactions up 15% year-over-year to 14.2 billion [10] Company Strategy and Development Direction - The company aims to improve commercialization efficiency and narrow losses, focusing on high-quality DAU growth [4][22] - Plans to expand the creator base and enhance monetization opportunities for content creators [6][8] - Continued investment in ad infrastructure, live broadcasting integration, and exploring AIGC opportunities [6][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving break-even targets and improving financial metrics [4] - The advertising market in China is expected to achieve double-digit growth, with Bilibili capturing more market share [26] - The gaming industry is anticipated to see regular issuance of licenses, benefiting Bilibili's distribution capabilities [50] Other Important Information - The company has a strong cash position with RMB19.4 billion (US$2.8 billion) available to cover liabilities and fund operations [18] - The 2022 annual ESG report highlights the company's commitment to social responsibility and community building [15] Q&A Session Summary Question: User growth outlook and strategy - Management emphasized a quality-oriented approach to user growth, focusing on DAU rather than MAU, with a goal to improve retention and engagement [22][23] Question: Advertisement growth and strategy - Management noted a 22% year-over-year growth in ad revenue, driven by improvements in ad products and efficiency, and expressed confidence in capturing more market share [26][27] Question: Live streaming business strategy - Management highlighted the integration of live streaming with video content, noting significant growth in both areas and optimistic about future prospects [35][39] Question: Monetization for content creators - Management clarified efforts to improve monetization for creators, stating that 1.5 million creators earned income in Q1, up 50% year-over-year [43][45] Question: Gaming pipeline and outlook - Management shared plans for launching 13 games in the coming quarters, with a focus on high-quality self-developed titles [50][51] Question: Measures for improving gross profit margin - Management outlined strategies for improving gross margin through operational efficiency and cost control, with a focus on maintaining a healthy revenue mix [56]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Exhibit 99.1 Bilibili Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results SHANGHAI, March 2, 2023 — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter and Fiscal Year 2022 Highlights: • Total net revenues were RMB6.1 billion (US$890.6 million) in the fourth quarter ...