BEIJING, Sept. 29, 2021 /PRNewswire/ -- iHuman Inc. (NYSE:
IH) ("iHuman" or the "Company"), a leading provider of tech-powered
smart learning products in China,
today announced its unaudited financial results for the second
quarter ended June 30, 2021.
Second Quarter 2021 Highlights
- Total revenues were RMB221.3
million (US$34.3 million), a
year-over-year increase of 105.9%.
- Revenues from online subscriptions were RMB199.2 million (US$30.9
million), a year-over-year increase of 110.1%.
- Gross profit was RMB154.3 million
(US$23.9 million), a year-over-year
increase of 109.5%.
- Operating loss was RMB3.5 million
(US$0.5 million), compared with an
operating income of RMB8.4 million in
the same period last year.
- Adjusted operating income[1] was RMB0.8 million (US$0.1
million), compared with RMB8.4
million in the same period last year.
- Net income was RMB1.9 million
(US$0.3 million), compared with
RMB7.2 million in the same period
last year.
- Adjusted net income[1] was RMB6.1 million (US$1.0
million), compared with RMB7.2
million in the same period last year.
- Average total MAUs[2] for the second quarter were
15.47 million, a year-over-year increase of 49.6%.
- Number of paying users[3] for the second quarter was
1.48 million, a year-over-year increase of 9.2%.
[1]
"Adjusted operating income (loss)" and "adjusted net income (loss)"
exclude share-based compensation expenses. Please see "Non-GAAP
Financial Measures" and "Unaudited Reconciliation of GAAP and
non-GAAP Results" at the end of this press release.
|
[2]
"Average total MAUs" refers to the monthly average of the sum of
the MAUs of each of the Company's apps during a specific period,
which is counted based on the number of unique mobile devices
through which such app is accessed at least once in a given month,
and duplicate access to different apps is not eliminated from the
total MAUs calculation.
|
[3]
"Paying users" refers to users who paid subscription fees for the
premium content on any of the Company's apps during a specific
period; a user who makes payments across different apps using the
same registered account is counted as one paying user, and a user
who makes payments for the same app multiple times in the same
period is counted as one paying user.
|
Dr. Peng Dai, Director and Chief
Executive Officer of iHuman, commented, "We are pleased to report
another solid quarter despite the impact of seasonality. In the
second quarter, we further reinforced our leading position by
executing our product-centric strategy and remaining committed to
our guiding principle of helping kids enjoy their childhood and
stimulating their natural interest in learning. By constantly
improving and expanding our content, as well as broadening our
comprehensive products portfolio, we are able to better support the
all-around development of kids. In August
2021, we officially unveiled "iHumanpedia," a
self-directed edutainment online app that helps kids learn about
the fundamentals of STEM through short and captivating animated
videos, as well as immersive interactions. Each video is carefully
designed to stimulate kids' interest in learning, and has been
created with content that is appropriate for the stage of their
cognitive development. In addition, we have also actively worked to
help promote educational equality in China. In the August of last year, we launched
the "Dream Chasing Initiative," a charity program aiming to help
children in remote communities that lack access to quality
education. Since then, our team has visited a number of schools in
rural villages in China and helped
local kids access high-quality learning resources through our
comprehensive products. In this September, we once again sent out
our care and support to schools in such areas. We are also proud to
have made donations to schools in remote regions."
Ms. Vivien Weiwei Wang, Director
and Chief Financial Officer of iHuman, added, "Despite the weak
seasonality, our second quarter results still came in line with our
expectations as we drove continued improvements in content and user
engagement. We continued to increase our investments in R&D,
which support our capabilities to provide truly interactive and
immersive learning experiences that help kids learn effectively
while having fun. Underpinned by our comprehensive content and
technological strengths, our self-directed apps continued to gain
traction among Millennial and Gen-Z parents. Going forward, we will
continue to execute our strategies in line with our guiding
principle, leverage our industry leading interactive content and
edutainment technologies to provide users with top-notch products,
further diversify our products to better meet the evolving and
diverse needs of our users, and drive sustainable growth over the
long term."
Second Quarter 2021 Unaudited Financial Results
Revenues
Total revenues were RMB221.3
million (US$34.3 million), an
increase of 105.9% from RMB107.5
million in the same period last year.
Revenues from online subscriptions were RMB199.2 million (US$30.9
million), an increase of 110.1% from RMB94.8 million in the same period last year,
primarily driven by user expansion and enhanced user engagement.
Average total MAUs for the quarter were 15.47 million, an
increase of 49.6% year-over-year from 10.34 million in the same
period last year. The number of paying users for the quarter was
1.48 million, a year-over-year increase of 9.2% from 1.35 million
in the same period last year.
Revenues from offline products and others were RMB22.1 million (US$3.4 million), an increase of 73.9% from
RMB12.7 million in the same period
last year, primarily due to the resumption of offline business
activities as a result of the alleviation of the COVID-19
pandemic.
Cost of Revenues
Cost of revenues were RMB67.0
million (US$10.4 million), an
increase of 98.0% from RMB33.8
million in the same period last year, primarily due to the
increase in channel and product costs, which was in line with the
Company's revenue expansion.
Gross Profit and Gross Margin
Gross profit was RMB154.3 million
(US$23.9 million), an increase of
109.5% from RMB73.6 million in the
same period last year. Gross margin was 69.7%, compared with 68.5%
in the same period last year. The increase in gross margin was
mainly attributable to the strong growth of the Company's online
subscriptions business, which has a higher gross margin, as well as
a rebound of gross margin of the offline business due to the
alleviation of the COVID-19 pandemic.
Operating Expenses
Total operating expenses were RMB157.7
million (US$24.4 million), an
increase of 141.7% from RMB65.3
million in the same period last year.
Research and development expenses were RMB93.1 million (US$14.4
million), an increase of 128.5% from RMB40.7 million in the same period last year,
primarily due to a rise in payroll-related expenses and outsourcing
expenses as the Company continued to expand its research and
development capabilities and to enhance and develop its edutainment
products.
Sales and marketing expenses were RMB45.3
million (US$7.0 million), an
increase of 257.1% from RMB12.7
million in the same period last year, primarily due to an
increase in advertising and promotion expenses as the Company
strategically strengthened its brand recognition as a publicly
listed company, as well as an increase in payroll-related
expenses.
General and administrative expenses were RMB19.4 million (US$3.0 million), an increase of 63.2% from
RMB11.9 million in the same period
last year, primarily due to an increase in payroll-related expenses
and compliance costs related to being a publicly listed
company.
Operating Income
(Loss)
Operating loss was RMB3.5 million
(US$0.5 million), compared with an
operating income of RMB8.4 million in
the same period last year.
Excluding share-based compensation expenses, adjusted operating
income was RMB0.8 million
(US$0.1 million), compared with
RMB8.4 million in the same period
last year.
Net Income
Net income was RMB1.9 million
(US$0.3 million), compared with
RMB7.2 million in the same period
last year.
Adjusted net income was RMB6.1
million (US$1.0 million),
compared with RMB7.2 million in the
same period last year.
Net income attributable to ordinary shareholders was
RMB1.9 million (US$0.3 million), compared with RMB3.8 million in the same period last year.
Adjusted net income attributable to ordinary shareholders was
RMB6.1 million (US$1.0 million), compared with RMB3.8 million in the same period last year.
Basic and diluted net income per ADS were RMB0.04 (US$0.01)
and RMB0.03 (US$0.01), respectively, compared with basic and
diluted net income of RMB0.09 in the
same period last year. Each ADS represents five Class A ordinary
shares of the Company.
Adjusted diluted net income per ADS was RMB0.11 (US$0.02),
compared with RMB0.09 in the same
period last year.
Deferred Revenue and Customer
Advances
Deferred revenue and customer advances were RMB330.8 million (US$51.2 million) as of June 30, 2021, compared with RMB268.6 million as of December 31, 2020, primarily driven by user
expansion and enhanced user engagement.
Cash and Cash Equivalents
Cash and cash equivalents were RMB893.0
million (US$138.3 million) as
of June 30, 2021, compared with
RMB861.7 million as of December 31, 2020.
Exchange Rate Information
The U.S. dollar (US$) amounts disclosed in this press release,
except for those transaction amounts that were actually settled in
U.S. dollars, are presented solely for the convenience of the
reader. The conversion of Renminbi (RMB) into US$ in this
release is based on the noon buying rate in The City of New York for cable transfers in RMB
per US$ as certified for customs purposes by the Federal Reserve
Bank of New York as of
June 30, 2021, which was RMB6.4566 to US$1.00. The percentages stated in this
press release are calculated based on the RMB amounts.
Non-GAAP Financial Measures
iHuman considers and uses non-GAAP financial measures, such as
adjusted operating income (loss), adjusted net income (loss),
adjusted net income (loss) attributable to ordinary shareholders
and adjusted diluted net income (loss) per ADS, as supplemental
metrics in reviewing and assessing its operating performance and
formulating its business plan. The presentation of non-GAAP
financial measures is not intended to be considered in isolation or
as a substitute for the financial information prepared and
presented in accordance with accounting principles generally
accepted in the United States of
America ("U.S. GAAP"). iHuman defines adjusted operating
income (loss), adjusted net income (loss), adjusted net income
(loss) attributable to ordinary shareholders and adjusted diluted
net income (loss) per ADS excluding share-based compensation
expenses. Adjusted operating income (loss), adjusted net income
(loss), adjusted net income (loss) attributable to ordinary
shareholders and adjusted diluted net income (loss) per ADS enable
iHuman's management to assess its operating results without
considering the impact of share-based compensation expenses, which
are non-cash charges. iHuman believes that these non-GAAP financial
measures provide useful information to investors in understanding
and evaluating the Company's current operating performance and
prospects in the same manner as management does, if they so
choose.
Non-GAAP financial measures are not defined under U.S. GAAP and
are not presented in accordance with U.S. GAAP. Non-GAAP financial
measures have limitations as analytical tools, which possibly does
not reflect all items of expense that affect our operations.
Share-based compensation expenses have been and may continue to be
incurred in our business and are not reflected in the presentation
of adjusted net income (loss) attributable to the Company's
ordinary shareholders. In addition, the non-GAAP financial measures
iHuman uses may differ from the non-GAAP measures uses by other
companies, including peer companies, and therefore their
comparability may be limited. The presentation of these non-GAAP
financial measures is not intended to be considered in isolation
from or as a substitute for the financial information prepared and
presented in accordance with GAAP.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements. Statements
that are not historical facts, including statements about iHuman's
beliefs and expectations, are forward-looking statements. Among
other things, the description of the management's quotations in
this announcement contains forward-looking statements. iHuman may
also make written or oral forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission
(the "SEC"), in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: iHuman's
growth strategies; its future business development, financial
condition and results of operations; its ability to continue to
attract and retain users, convert non-paying users into paying
users and increase the spending of paying users, the trends in, and
size of, China's edutainment
market; its expectations regarding demand for, and market
acceptance of, its products and services; its expectations
regarding its relationships with business partners; general
economic and business conditions; and assumptions underlying or
related to any of the foregoing. Further information regarding
these and other risks is included in iHuman's filings with the SEC.
All information provided in this press release is as of the date of
this press release, and iHuman does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
About iHuman Inc.
iHuman Inc. is a leading provider of tech-powered smart learning
products in China that is
committed to transforming learning into a fun journey for every
child. Benefiting from a deep legacy that combines a strong
foundation in edutainment, decades of industry experience with
cutting-edge technologies, and an outstanding reputation for
original entertainment content, iHuman provides children with
unique, interactive, and entertaining experiences to stimulate
their natural curiosity and interest in learning. The Company's
comprehensive suite of innovative and high-quality products include
interactive and self-directed online apps and offline products that
cover a broad variety of areas to develop children's creativity and
abilities in independent reading, critical thinking, and scientific
reasoning and foster their natural interest in traditional Chinese
culture. Leveraging advanced technological capabilities, including
3D engines, proprietary edutainment know-how, AI/AR functionality,
and big data analysis, iHuman believes it will continue to provide
superior learning experiences that are effective and fun for
children in China and all over the
world through its integrated suite of tech-powered smart learning
products.
For more information about iHuman, please visit
https://ir.ihuman.com/.
For investor and media enquiries, please contact:
iHuman Inc.
Ms. Cynthia
Tan, CFA
Phone: +86 10 5780-6606
E-mail: ir@ihuman.com
Christensen
In China
Mr. Eric Yuan
Phone: +86-13801110739
E-mail: Eyuan@christensenir.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: lbergkamp@christensenir.com
iHuman Inc.
|
UNAUDITED
CONDENSED CONSOLIDATED BALANCE SHEETS
|
(Amounts in
thousands of Renminbi ("RMB") and U.S. dollars
("US$")
|
except for number
of shares, ADSs, per share and per ADS
data)
|
|
|
December
31,
|
|
June 30,
|
|
June 30,
|
|
2020
|
|
2021
|
|
2021
|
|
RMB
|
|
RMB
|
|
US$
|
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
Current
assets
|
|
|
|
|
|
Cash and cash
equivalents
|
861,682
|
|
893,025
|
|
138,312
|
Accounts receivable,
net
|
77,965
|
|
87,538
|
|
13,558
|
Amounts due from
related parties
|
322
|
|
2,299
|
|
356
|
Inventories,
net
|
16,873
|
|
21,363
|
|
3,309
|
Prepayments and other
current assets
|
64,619
|
|
85,228
|
|
13,200
|
Total current
assets
|
1,021,461
|
|
1,089,453
|
|
168,735
|
Non-current
assets
|
|
|
|
|
|
Property and
equipment, net
|
6,390
|
|
11,502
|
|
1,781
|
Intangible assets,
net
|
11,789
|
|
18,903
|
|
2,928
|
Operating
lease right-to-use assets
|
6,521
|
|
26,208
|
|
4,059
|
Other non-current
assets
|
784
|
|
784
|
|
121
|
Total non-current
assets
|
25,484
|
|
57,397
|
|
8,889
|
Total
assets
|
1,046,945
|
|
1,146,850
|
|
177,624
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
Current
liabilities
|
|
|
|
|
|
Accounts
payable
|
21,551
|
|
28,613
|
|
4,432
|
Amounts due to related
parties
|
485
|
|
9,107
|
|
1,410
|
Deferred revenue and
customer advances
|
268,613
|
|
330,776
|
|
51,231
|
Accrued expenses and
other current liabilities
|
107,029
|
|
95,725
|
|
14,826
|
Current operating
lease liabilities
|
1,544
|
|
12,963
|
|
2,008
|
Total current
liabilities
|
399,222
|
|
477,184
|
|
73,907
|
Non-current
liabilities
|
|
|
|
|
|
Non-current operating
lease liabilities
|
5,070
|
|
12,721
|
|
1,970
|
Total non-current
liabilities
|
5,070
|
|
12,721
|
|
1,970
|
Total
liabilities
|
404,292
|
|
489,905
|
|
75,877
|
|
|
|
|
|
|
SHAREHOLDERS'
EQUITY
|
|
|
|
|
|
Ordinary shares (par
value of US$0.0001 per share,
700,000,000 Class A shares authorized as
of December
31, 2020 and June 30, 2021; 122,622,382
Class A shares
issued and outstanding as of December 31,
2020;
125,122,382 Class A shares issued and
122,622,382
outstanding as of June 30, 2021;
200,000,000 Class B
shares authorized, 144,000,000 Class B
ordinary shares
issued and outstanding as of December 31,
2020 and June
30, 2021; 100,000,000 shares
(undesignated) authorized,
nil shares (undesignated) issued and
outstanding as of
December 31, 2020 and June 30,
2021)
|
184
|
|
184
|
|
28
|
Additional paid-in
capital
|
1,050,304
|
|
1,061,587
|
|
164,419
|
Accumulated other
comprehensive loss
|
(21,861)
|
|
(27,905)
|
|
(4,322)
|
Accumulated
deficit
|
(385,974)
|
|
(376,921)
|
|
(58,378)
|
Total
shareholders' equity
|
642,653
|
|
656,945
|
|
101,747
|
|
Total liabilities
and shareholders' equity
|
1,046,945
|
|
1,146,850
|
|
177,624
|
iHuman Inc.
|
UNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
|
(Amounts in
thousands of Renminbi ("RMB") and U.S. dollars
("US$")
|
except for number
of shares, ADSs, per share and per ADS data)
|
|
|
For the three
months ended
|
|
For the six months
ended
|
|
June
30,
|
|
March
31,
|
|
June
30,
|
|
June
30,
|
|
June
30,
|
|
June
30,
|
|
June
30,
|
|
2020
|
|
2021
|
|
2021
|
|
2021
|
|
2020
|
|
2021
|
|
2021
|
|
RMB
|
|
RMB
|
|
RMB
|
|
US$
|
|
RMB
|
|
RMB
|
|
US$
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Online
subscriptions
|
94,799
|
|
191,860
|
|
199,198
|
|
30,852
|
|
152,462
|
|
391,058
|
|
60,567
|
Offline products and
others
|
12,685
|
|
34,798
|
|
22,061
|
|
3,417
|
|
33,014
|
|
56,859
|
|
8,806
|
Total
Revenues
|
107,484
|
|
226,658
|
|
221,259
|
|
34,269
|
|
185,476
|
|
447,917
|
|
69,373
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Online
subscriptions
|
(23,847)
|
|
(46,970)
|
|
(50,645)
|
|
(7,844)
|
|
(39,529)
|
|
(97,615)
|
|
(15,119)
|
Offline products and
others
|
(9,994)
|
|
(18,434)
|
|
(16,351)
|
|
(2,532)
|
|
(20,587)
|
|
(34,785)
|
|
(5,388)
|
Gross
profit
|
73,643
|
|
161,254
|
|
154,263
|
|
23,893
|
|
125,360
|
|
315,517
|
|
48,866
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development expenses
|
(40,717)
|
|
(82,112)
|
|
(93,053)
|
|
(14,412)
|
|
(73,674)
|
|
(175,165)
|
|
(27,130)
|
Sales and marketing
expenses
|
(12,685)
|
|
(52,927)
|
|
(45,298)
|
|
(7,016)
|
|
(28,383)
|
|
(98,225)
|
|
(15,213)
|
General and
administrative expenses
|
(11,862)
|
|
(22,569)
|
|
(19,364)
|
|
(2,999)
|
|
(17,464)
|
|
(41,933)
|
|
(6,495)
|
Total operating
expenses
|
(65,264)
|
|
(157,608)
|
|
(157,715)
|
|
(24,427)
|
|
(119,521)
|
|
(315,323)
|
|
(48,838)
|
Operating income
(loss)
|
8,379
|
|
3,646
|
|
(3,452)
|
|
(534)
|
|
5,839
|
|
194
|
|
28
|
Other income,
net
|
794
|
|
3,545
|
|
5,121
|
|
793
|
|
1,759
|
|
8,666
|
|
1,342
|
Income before
income taxes
|
9,173
|
|
7,191
|
|
1,669
|
|
259
|
|
7,598
|
|
8,860
|
|
1,370
|
Income tax benefit
(expenses)
|
(1,957)
|
|
(45)
|
|
238
|
|
37
|
|
(1,957)
|
|
193
|
|
30
|
Net
income
|
7,216
|
|
7,146
|
|
1,907
|
|
296
|
|
5,641
|
|
9,053
|
|
1,400
|
Accretion to
redemption value of contingently redeemable
ordinary shares
|
(3,459)
|
|
-
|
|
-
|
|
-
|
|
(6,449)
|
|
-
|
|
-
|
Net income (loss)
attributable to ordinary shareholders
|
3,757
|
|
7,146
|
|
1,907
|
|
296
|
|
(808)
|
|
9,053
|
|
1,400
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
attributable to ordinary shareholders
per ADS:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
Basic
|
0.09
|
|
0.13
|
|
0.04
|
|
0.01
|
|
(0.02)
|
|
0.17
|
|
0.03
|
-
Diluted
|
0.09
|
|
0.13
|
|
0.03
|
|
0.01
|
|
(0.02)
|
|
0.16
|
|
0.03
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average
number of ADSs:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
Basic
|
43,010,752
|
|
53,324,476
|
|
53,324,476
|
|
53,324,476
|
|
43,010,752
|
|
53,324,476
|
|
53,324,476
|
-
Diluted
|
43,010,752
|
|
55,132,687
|
|
54,680,936
|
|
54,680,936
|
|
43,010,752
|
|
54,920,644
|
|
54,920,644
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total share-based
compensation expenses included in:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
-
|
|
267
|
|
257
|
|
40
|
|
-
|
|
524
|
|
81
|
Research and
development expenses
|
-
|
|
3,711
|
|
1,524
|
|
236
|
|
-
|
|
5,235
|
|
811
|
Sales and marketing
expenses
|
-
|
|
1,177
|
|
986
|
|
153
|
|
-
|
|
2,163
|
|
335
|
General and
administrative expenses
|
-
|
|
1,903
|
|
1,458
|
|
226
|
|
-
|
|
3,361
|
|
521
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iHuman Inc.
|
UNAUDITED
RECONCILIATION OF GAAP AND NON-GAAP RESULTS
|
(Amounts in
thousands of Renminbi ("RMB") and U.S. dollars
("US$")
|
except for number
of shares, ADSs, per share and per ADS data)
|
|
|
For the three
months ended
|
|
For the six months
ended
|
|
June
30,
|
|
March
31,
|
|
June
30,
|
|
June
30,
|
|
June
30,
|
|
June
30,
|
|
June
30,
|
|
2020
|
|
2021
|
|
2021
|
|
2021
|
|
2020
|
|
2021
|
|
2021
|
|
RMB
|
|
RMB
|
|
RMB
|
|
US$
|
|
RMB
|
|
RMB
|
|
US$
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income
(loss)
|
8,379
|
|
3,646
|
|
(3,452)
|
|
(534)
|
|
5,839
|
|
194
|
|
28
|
Share-based
compensation expenses
|
-
|
|
7,058
|
|
4,225
|
|
655
|
|
-
|
|
11,283
|
|
1,748
|
Adjusted operating
income
|
8,379
|
|
10,704
|
|
773
|
|
121
|
|
5,839
|
|
11,477
|
|
1,776
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
income
|
7,216
|
|
7,146
|
|
1,907
|
|
296
|
|
5,641
|
|
9,053
|
|
1,400
|
Share-based
compensation expenses
|
-
|
|
7,058
|
|
4,225
|
|
655
|
|
-
|
|
11,283
|
|
1,748
|
Adjusted net
income
|
7,216
|
|
14,204
|
|
6,132
|
|
951
|
|
5,641
|
|
20,336
|
|
3,148
|
Accretion to
redemption value of contingently
redeemable ordinary shares
|
(3,459)
|
|
-
|
|
-
|
|
-
|
|
(6,449)
|
|
-
|
|
-
|
Adjusted net
income (loss) attributable to ordinary
shareholders
|
3,757
|
|
14,204
|
|
6,132
|
|
951
|
|
(808)
|
|
20,336
|
|
3,148
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted net income
(loss) per ADS
|
0.09
|
|
0.13
|
|
0.03
|
|
0.01
|
|
(0.02)
|
|
0.16
|
|
0.03
|
Impact of non-GAAP
adjustments
|
-
|
|
0.13
|
|
0.08
|
|
0.01
|
|
-
|
|
0.21
|
|
0.03
|
Adjusted diluted
net income (loss) per ADS
|
0.09
|
|
0.26
|
|
0.11
|
|
0.02
|
|
(0.02)
|
|
0.37
|
|
0.06
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average
number of ADSs – diluted
|
43,010,752
|
|
55,132,687
|
|
54,680,936
|
|
54,680,936
|
|
43,010,752
|
|
54,920,644
|
|
54,920,644
|
Weighted average
number of ADSs – adjusted
|
43,010,752
|
|
55,132,687
|
|
54,680,936
|
|
54,680,936
|
|
43,010,752
|
|
54,920,644
|
|
54,920,644
|
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SOURCE iHuman Inc.