NYSE$MTBLY

Moatable Inc-ADR · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Renren reported first quarter 2023 financial results.

Renren Inc. reported their first quarter 2023 financial results, focusing on investments in their SaaS platforms, Chime and Trucker Path, and new initiatives like Rentancy. The company maintains a strong financial position with nearly $50 million in cash and short-term investments.

  • Focused on unlocking the potential of Chime and Trucker Path.
  • Making prudent investments in new initiatives such as Rentancy.
  • Aiming to generate long-term returns for investors.
  • Financially strong with nearly $50 million in cash and short-term investments.

Headline financials

Total Revenue

$10.3M

No prior period
EPS (adj)

-$0.00

No prior period
Capital Expenditures

$4.58M

No prior period
Free Cash Flow

-$6.4M

No prior period
Net Income

-$3.32M

No prior period
Operating Income

-$4.79M

No prior period
Gross Profit

$7.87M

No prior period
Cash & Equivalents

$50K

No prior period
Stock-Based Comp

$1.53M

No prior period

Revenue & EPS history

Moatable · Revenue · Quarterly

$10.3M

Q1 2022

Forward guidance

Renren plans to focus on investments and operate businesses that generate long-term returns for its investors, and expects to see future growth and innovation.

Tailwinds

  • Making investments
  • Operating businesses
  • Generating long-term returns
  • Future growth
  • Innovation

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.4%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+3.9%

Avg return

30 days after

46%

11 / 24 earnings

Positive

+20.3%

Q2 2019

Best reaction

-9.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+1.3%+2.4%+4.9%
Q2 2025-4.0%-5.6%+10.4%
Q1 2025-9.6%-18.6%-27.1%
Q4 2024-0.6%+4.4%+10.1%
Q3 2024+0.0%+16.0%+50.0%
Q2 2024+0.0%+0.0%-1.6%
Q1 2024+0.0%-8.7%-23.7%
Q4 2023+0.0%-3.6%-0.5%
Q3 2022+1.6%+7.2%+2.7%
Q3 2023+1.6%+7.2%+2.7%
Q2 2023+2.9%+2.0%-4.5%
Q2 2022+2.9%+2.0%-4.5%
Q1 2023-5.9%-7.9%+54.5%
Q1 2022-1.0%-6.9%+52.9%
Q4 2022+2.5%-4.0%-9.8%
Q4 2021+1.9%-0.8%-1.7%
Q4 2020+4.7%-5.6%-2.7%
Q4 2019-1.3%-2.1%-25.6%
Q2 2019+20.3%+22.3%+2.7%
Q4 2018-2.0%-10.2%-22.4%
Q4 2017+0.8%+0.2%+5.7%
Q2 2017-2.0%-0.7%+16.5%
Q4 2016+1.6%+19.3%+7.3%
Q2 2016-5.1%-5.1%-3.1%
Q4 2015
Q4 2014
Q4 2013
Q4 2011
Q4 2012
Q4 2009
Q4 2010

Discussion

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