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Viomi(VIOT) - 2020 Q1 - Earnings Call Presentation
ViomiViomi(US:VIOT)2020-05-26 13:55

Financial Performance (Q1 2020) - The company's net revenues reached RMB765.5 million, representing a year-over-year growth of 13.2%[4] - Gross margin was 18.8%[4] - Non-GAAP net income was RMB31.4 million[4] Balance Sheet Strength - The company held RMB1.2 billion in cash assets, including cash and cash equivalents, short-term deposits, and short-term investments as of March 31, 2020[4] - Cash and cash equivalents amounted to RMB445.86 million[46] - Short-term deposits were RMB142.994 million[46] - Short-term investments totaled RMB603.278 million[46] Product & User Growth - The company is projecting net revenues between RMB1.25 billion and RMB1.28 billion, indicating a year-over-year growth of approximately 7.7% to 10.3%[28] - Continued expansion and diversification of product portfolio[19] - Continued increase in household users and product penetration[23]