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Stock impact report

Zhihu Inc. Reports Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]

Zhihu Inc. American Depositary Shares (every two of each representing one Class A ordinary share) (ZH) 
Company Research Source: Yahoo! Finance
announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023 Fourth Quarter 2023 Highlights Total revenues were RMB1,138.3 million US$160.3 million ) in the fourth quarter of 2023, representing a 2.2% increase from the same period of 2022. Gross margin expanded to 59.1% in the fourth quarter of 2023 from 56.4% in the same period of 2022. Net loss was RMB103.1 million US$14.5 million ) in the fourth quarter of 2023, narrowed by 42.6% from the same period of 2022. Adjusted net loss (non-GAAP) [1] was RMB91.3 million US$12.9 million ) in the fourth quarter of 2023, narrowed by 31.9% from the same period of 2022. Average monthly active users (MAUs) [2] reached 99.0 million in the fourth quarter of 2023. Average monthly subscribing members [3] reached 14.2 million in the fourth quarter of 2023, representing a 9.2% increase from the same period of 2022. Fiscal Year 2023 Highlights Total revenues were RMB4,198.9 million US$591.4 million Show less Read more
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