BlueCity Holdings Ltd - ADR

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BlueCity Announces Fourth Quarter And Full Year 2020 Unaudited Financial Results

Published: 03/23/2021 09:13 GMT
BlueCity Holdings Ltd - ADR (BLCT) - Bluecity Announces Fourth Quarter and Full Year 2020 Unaudited Financial Results.
Q4 Revenue Rose 24.2 Percent to Rmb 278.8 Million.
Sees FY 2021 Revenue Up 37 to 42 Percent.
Sees FY 2021 Revenue Rmb 1.41 Billion to Rmb 1.46 Billion.
Qtrly Monthly Active Users of Bluecity's Portfolio Apps Reached 7.6 Million, Up 20.3% From Same Period in 2019.
Qtrly Net Loss Was Rmb73.1 Million (us$11.2 Million), Compared With Net Loss of Rmb7.2 Million in the Fourth Quarter of 2019.
Qtrly Adjusted Net Loss(non-GAAP) Was Rmb36.0 Million (us$5.5 Million), Compared With Rmb15.0 Million in Q4 of 2019.