收入同比增長63%
歸屬於公司股東的淨利潤同比增長75%
廈門2021年11月10日 /美通社/ -- 中國嘻哈潮流公司普普文化集團有限公司（“普普文化”或“公司”）（納斯達克股票代碼：CPOP）今天宣佈其截至於2021年6月30日的2021財年業績。
普普文化董事長及首席執行黃卓勤先生表示：“儘管新冠疫情對我們的部分業務造成了短期的影響，但2021財年我們仍保持了強勁的上升趨勢我們在 2021 財年的收入為2,550 萬美元，較2020財年的1,570萬美元同比增長了63%作為一家從事嘻哈潮流業務的上市公司，我們的知識產權內容（‘IP內容’）是我們財務快速增長的關鍵驅動力我們在2021財年的活動主辦收入為 1,500萬美元，較2020財年的760萬美元同比增長96%同時，歸屬於公司股東的淨利潤為430萬美元，較2020財年的240萬美元增長了75%我們在2021財年的毛利率和營業利潤率分別為28%和23%，較2020財年的29%和20%相比趨於平穩”
黃先生繼續説道，“我們很欣喜地看到普普文化在2021財年取得了如此出色的成績，也十分感謝客户及合作伙伴對我們的認可和支持未來，我們將持續專注於中國潮流文化內容運營和文化推廣普普文化確定了新的五年戰略方針，即公司將繼續以‘IP內容’為業務核心，利用大數據和資本市場優勢，力爭三大業務羣實現持續高速增長，以成為行業龍頭為目標”
截至6月30日財年 | ||||
（除每股收益之外，其餘的數額均為百萬美元） | 2021 | 2020 | % 變動百分比 | |
收入 | 25.5 | 15.7 | 63% | |
活動主辦 | 15.0 | 7.6 | 96% | |
活動策劃及執行 | 9.2 | 5.5 | 67% | |
品牌推廣 | 0.8 | 2.2 | -67% | |
其他服務 | 0.6 | 0.3 | 87% | |
毛利潤 | 7.2 | 4.5 | 59% | |
毛利率 | 28% | 29% | -1pp* | |
營業利潤 | 5.8 | 3.2 | 84% | |
營業利潤率 | 23% | 20% | 3pp* | |
淨利潤 | 4.3 | 2.6 | 63% | |
歸屬於公司股東的淨利潤 | 4.3 | 2.4 | 75% | |
每股收益 | 0.25 | 0.16 | 56% | |
*注：pp代表百分點 | ||||
2021財年財務亮點
- 收入為2,550萬美元，較2020財年的1,570萬美元增長63%。
- 毛利潤為720萬美元，較2020財年的450萬美元增長59%。
- 毛利率為28%，2020財年為29%。
- 歸屬於公司股東的淨利潤為430萬美元，較2020財年的240萬美元增長75%。
- 基本和攤薄每股收益為0.25美元，2020財年為0.16美元。
2021財年運營亮點
- 2021財年，公司舉辦了35場舞蹈比賽活動、29場音樂節和推廣活動以及4場在線嘻哈節目。
- 2021財年，公司負責執行了60場活動。
- 2021財年，公司的嘻哈活動共吸引了159,200名觀眾，在線嘻哈節目觀看次數超過3.14億次。
2021財年財務業績
收入
2021財年的收入為2,550萬美元，較2020財年的1,570萬美元增長980萬美元，同比增長63%。
2021財年的活動主辦收入為1,500萬美元，較2020財年的760萬美元增長740萬美元，同比增長96%主要是由於公司現場活動（舞蹈比賽、音樂節和推廣活動）數量的增加和平均贊助費的增加，以及新的在線嘻哈業務帶來的額外收入，這吸引了更多的贊助商在在線嘻哈視頻中宣傳他們的品牌。
2021財年的活動策劃和執行收入為920萬美元，較2020財年的550萬美元增長370萬美元，同比增長67%主要由於公司承辦的活動數量和規模增加。
2021財年的品牌推廣收入為80萬美元，較2020財年的220萬美元下降140萬美元，同比下降67%主要由於廣告或營銷活動的需求低迷。
2021財年其他服務的收入為60萬美元，較2020財年的30萬美元增長30萬美元，同比增長 87%。
收入成本
2021財年的收入成本為1,830萬美元，較2020財年的1,120萬美元增長710萬美元，同比增長64%，收入成本的增長與收入的增長成正比。
毛利潤及毛利率
2021財年的毛利潤為720萬美元，較2020財年的450萬美元增長270萬美元，同比增長59%2021財年的毛利率為28%，較2020財年的29%略微下降了1個百分點，主要是由於毛利率較高的品牌推廣業務減少。
營業費用
2021財年的營業費用為1,392,137美元，較2020財年的1,367,086美元小幅增長 25,051 美元，同比增長2%。
2021財年的銷售費用為133,387美元，較2020財年的110,132美元增長23,255美元，同比增長21%主要由於廣告費用增加了20,880美元以促進公司在線業務發展。
2021財年的管理費用為1,258,750美元，較2020財年的1,256,954美元增長1,796美元主要由於各種項目略有增加，包括員工工資和商務招待費用。
所得税費用
2021財年和2020財年的所得税費用分別為140萬美元和50萬美元主要由於截至2021年6月30日止2021財年的應税收入增加所致。
淨利潤
2021財年的淨利潤為430萬美元，較2020財年的260萬美元增長63%2021財年的歸屬於公司股東的淨利潤為430萬美元，較2020財年的240萬美元增長75%。
每股基本和攤薄收益
2021財年的基本和攤薄每股收益為0.25美元，2020財年的基本和攤薄每股收益為0.16美元。
現金流
2021財年用於經營活動的淨現金流出為400萬美元，2020財年為260萬美元2021財年無投資活動，2020財年投資活動產生的淨現金流入為3,261美元2021財年財務活動產生的淨現金流入為400萬美元，2020財年為330萬美元。
資產負債表
截至2021年6月30日，公司擁有現金130萬美元，截至2020年6月30日為140萬美元。
關於普普文化集團有限公司
普普文化集團有限公司總部位於中國廈門，是一家嘻哈潮流公司公司致力於推廣嘻哈潮流及其愛、和平、團結、尊重、歡樂的價值觀，促進中美之間嘻哈文化交流公司以嘻哈文化價值觀為核心，以年輕一代為主要目標受眾，舉辦娛樂活動，運營嘻哈相關的在線節目，為企業客户提供活動策劃與執行服務以及營銷服務公司近年來專注於發展和舉辦自己的嘻哈活動欲瞭解更多信息，請訪問公司網站：。
前瞻性聲明
本公告中的某些陳述是前瞻性陳述這些前瞻性陳述涉及已知和未知的風險和不確定性，包括新冠病毒或其新變種的進一步傳播，或另一波病例的發生及其可能對公司運營和需求的影響公司的服務，並基於對公司認為可能影響其財務狀況、經營業績、業務戰略和財務需求的未來事件和財務趨勢的當前預期和預測投資者可以通過諸如“可能”、“將”、“預期”、“目標”、“估計”、“打算”、“計劃”、“潛在”、“繼續”、“是”、“可能會”、“相信”等詞語或短語來識別這些前瞻性陳述除非法律要求，否則本公司不承擔更新前瞻性陳述以反映隨後發生的事件或情況或其預期變化的義務儘管本公司認為這些前瞻性陳述中表達的預期是合理的，但它不能向您保證這些預期會是正確的，並且本公司提醒投資者實際結果可能與預期結果存在重大差異，並鼓勵投資者在公司的註冊聲明和向美國證券交易委員會提交的其他文件中審查可能影響其未來業績的其他因素。
詳情請垂詢:
普普文化
投資者關係
郵箱:
埃森德投資者關係
Tina Xiao 總裁 電話: 917-609-0333 郵箱:
POP CULTURE GROUP CO., LTD | ||||||||
CONSOLIDATED BALANCE SHEETS | ||||||||
(In U.S. dollars, except share data) | ||||||||
As of June 30, | ||||||||
2020 | 2021 | |||||||
ASSETS | ||||||||
CURRENT ASSETS: | ||||||||
Cash | $ | 1,359,137 | $ | 1,319,977 | ||||
Accounts receivable, net | 14,810,146 | 25,537,236 | ||||||
Advance to suppliers | 3,176,527 | 1,999,876 | ||||||
Prepaid expenses and other current assets | 1,177,947 | 3,553,028 | ||||||
TOTAL CURRENT ASSETS | 20,523,757 | 32,410,117 | ||||||
Property and equipment, net | 71,281 | 48,393 | ||||||
Intangible asset, net | 1,695,215 | 1,635,321 | ||||||
Operating right-of-use asset | 278,260 | 194,747 | ||||||
Deferred tax assets | 83,795 | 140,757 | ||||||
Other non-current assets | 251,464 | - | ||||||
TOTAL ASSETS | $ | 22,903,772 | $ | 34,429,335 | ||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
CURRENT LIABILITIES: | ||||||||
Short-term bank loans | $ | 1,838,833 | $ | 5,140,990 | ||||
Accounts payable | 2,795,508 | 1,900,883 | ||||||
Deferred revenue | 1,764,608 | 1,648,847 | ||||||
Taxes payable | 2,374,093 | 4,232,391 | ||||||
Due to a related party | - | 225,000 | ||||||
Accrued liabilities and other payables | 119,573 | 77,567 | ||||||
Operating lease liability - current | 96,357 | 98,427 | ||||||
TOTAL CURRENT LIABILITIES | 8,988,972 | 13,324,105 | ||||||
Long-term bank loans | - | 1,672,370 | ||||||
Operating lease liability - non-current | 189,994 | 104,755 | ||||||
TOTAL LIABILITIES | 9,178,966 | 15,101,230 | ||||||
Commitments and contingencies | ||||||||
SHAREHOLDERS’ EQUITY | ||||||||
Ordinary shares (par value $0.001 per share; 44,000,000 Class A ordinary shares authorized as of June 30, 2020 and 2021; 11,021,834 and 12,086,923 Class A ordinary shares issued and outstanding as of June 30, 2020 and 2021, respectively; 6,000,000 Class B ordinary shares authorized, 5,763,077 Class B ordinary shares issued and outstanding as of June 30 2020 and 2021, respectively) * | 16,785 | 17,850 | ||||||
Subscription receivable | (15,441) | (15,441) | ||||||
Additional paid-in capital | 5,813,745 | 6,643,118 | ||||||
Statutory reserve | 779,094 | 1,241,573 | ||||||
Retained earnings | 6,693,120 | 10,498,183 | ||||||
Accumulated other comprehensive (loss) income | (367,581) | 942,822 | ||||||
TOTAL POP CULTURE GROUP CO., LTD SHAREHOLDERS’ EQUITY | 12,919,722 | 19,328,105 | ||||||
Non-controlling interests | 805,084 | - | ||||||
TOTAL SHAREHOLDERS’ EQUITY | 13,724,806 | 19,328,105 | ||||||
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 22,903,772 | $ | 34,429,335 | ||||
POP CULTURE GROUP CO., LTD | ||||||||||||
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME | ||||||||||||
(In U.S. dollars, except share data) | ||||||||||||
For the years ended June 30, | ||||||||||||
2019 | 2020 | 2021 | ||||||||||
REVENUE, NET | $ | 19,031,766 | $ | 15,688,080 | $ | 25,526,557 | ||||||
Cost of revenue | 13,158,537 | 11,158,847 | 18,302,494 | |||||||||
GROSS PROFIT | 5,873,229 | 4,529,233 | 7,224,063 | |||||||||
Selling and marketing | 133,332 | 110,132 | 133,387 | |||||||||
General and administrative | 492,733 | 1,256,954 | 1,258,750 | |||||||||
Total operating expenses | 626,065 | 1,367,086 | 1,392,137 | |||||||||
INCOME FROM OPERATIONS | 5,247,164 | 3,162,147 | 5,831,926 | |||||||||
Other (expenses) income: | ||||||||||||
Interest expenses, net | (123,833) | (125,560) | (243,458) | |||||||||
Other (expenses) income, net | (2,591) | 46,235 | 95,946 | |||||||||
Total other expenses, net | (126,424) | (79,325) | (147,512) | |||||||||
INCOME BEFORE INCOME TAX PROVISION | 5,120,740 | 3,082,822 | 5,684,414 | |||||||||
PROVISION FOR INCOME TAXES | 1,288,982 | 457,005 | 1,416,872 | |||||||||
NET INCOME | 3,831,758 | 2,625,817 | 4,267,542 | |||||||||
Less: net income attributable to non-controlling interests | 247,244 | 189,996 | - | |||||||||
NET INCOME ATTRIBUTABLE TO POP CULTURE GROUP CO., LTD SHAREHOLDERS | 3,584,514 | 2,435,821 | 4,267,542 | |||||||||
Other comprehensive (loss) income: | ||||||||||||
Foreign currency translation adjustment | (162,850) | (241,839) | 1,335,757 | |||||||||
COMPREHENSIVE INCOME | 3,668,908 | 2,383,978 | 5,603,299 | |||||||||
Less: comprehensive income attributable to non-controlling interest | 236,737 | 174,392 | - | |||||||||
COMPREHENSIVE INCOME ATTRIBUTABLE TO POP CULTURE GROUP CO., LTD SHAREHOLDERS | $ | 3,432,171 | $ | 2,209,586 | $ | 5,603,299 | ||||||
Net income per share | ||||||||||||
Basic and diluted | $ | 0.27 | $ | 0.16 | $ | 0.25 | ||||||
Weighted average shares used in calculating net income per share * | ||||||||||||
Basic and diluted | 13,425,911 | 14,881,478 | 17,228,698 | |||||||||
POP CULTURE GROUP CO., LTD | ||||||||||||
CONSOLIDATED STATEMENTS OF CASH FLOWS | ||||||||||||
(In U.S. dollars) | ||||||||||||
For the years ended June 30, | ||||||||||||
2019 | 2020 | 2021 | ||||||||||
Cash flows from operating activities: | ||||||||||||
Net Income | $ | 3,831,758 | $ | 2,625,817 | $ | 4,267,542 | ||||||
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||||||
Allowance for doubtful accounts | 24,227 | 324,345 | 195,187 | |||||||||
Depreciation and amortization | 159,352 | 233,353 | 243,905 | |||||||||
Deferred tax benefit | (8,053) | (84,246) | (47,802) | |||||||||
Non-cash lease expense | 86,047 | 89,977 | 107,139 | |||||||||
Loss from disposal of property and equipment | 21,596 | 19,300 | - | |||||||||
Changes in assets and liabilities: | ||||||||||||
Accounts receivable | (6,123,120) | (5,672,992) | (9,259,862) | |||||||||
Advance to suppliers | (630,184) | (2,531,334) | 1,440,794 | |||||||||
Amounts due from related parties | (158,279) | 153,586 | - | |||||||||
Prepaid expenses and other current assets | 395,198 | (44,002) | (1,504,345) | |||||||||
Other non-current assets | - | (252,816) | 268,433 | |||||||||
Accounts payable | 2,166,329 | 49,588 | (1,130,593) | |||||||||
Deferred revenue | (247,929) | 1,762,730 | (275,888) | |||||||||
Taxes payable | 1,376,248 | 721,743 | 1,592,715 | |||||||||
Accrued liabilities and other payables | 14,057 | 54,234 | (52,007) | |||||||||
Due to a related party | - | - | 225,000 | |||||||||
Operating lease liability | (86,047) | (54,112) | (107,550) | |||||||||
Net cash provided by (used in) operating activities | 821,200 | (2,604,829) | (4,037,332) | |||||||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||
Purchase of property and equipment | (11,436) | (1,716) | - | |||||||||
Proceed from disposal of property and equipment | 20,957 | 4,977 | - | |||||||||
Purchase of intangible asset | (2,086,819) | - | - | |||||||||
Net cash (used in) provided by investing activities | (2,077,298) | 3,261 | - | |||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||
Proceeds from short-term bank loans | 1,905,209 | 1,838,833 | 6,341,729 | |||||||||
Repayments of short-term bank loans | (316,930) | (1,981,799) | (3,472,851) | |||||||||
Proceeds from long-term bank loans | - | -- | 1,811,922 | |||||||||
Repayments of long-term bank loans | (89,195) | - | - | |||||||||
Proceeds from issuance of shares | - | 3,817,842 | - | |||||||||
Payment for deferred offering costs | - | (409,743) | (729,977) | |||||||||
Net cash provided by financing activities | 1,499,084 | 3,265,133 | 3,950,823 | |||||||||
Effect of exchange rate changes | (16,984) | 40,083 | 47,349 | |||||||||
Net increase (decrease) in cash | 226,002 | 703,648 | (39,160) | |||||||||
Cash at beginning of year | 429,487 | 655,489 | 1,359,137 | |||||||||
Cash at end of year | $ | 655,489 | $ | 1,359,137 | $ | 1,319,977 | ||||||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||||||||
Income tax paid | $ | 45,805 | $ | 17,408 | $ | 34,765 | ||||||
Interest expense paid | $ | 122,153 | $ | 126,095 | $ | 235,361 | ||||||