Description
Sea Limited, founded in Singapore in 2009, operates three key businesses: Garena, an online game developer and publisher; Shopee, a leading e-commerce platform in Southeast Asia, Taiwan, and Latin America; and SeaMoney, a growing digital financial services provider in Southeast Asia and Brazil.
This report includes General Information, Highlights and Metrics, Business Outlook, Stock Information and Financial Statements.
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q2FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q2FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the report for the Q2FY24 with reports for previous quarters up to the Q2FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- SEA - Sea Limited;
- FY - Financial Year;
- Q - Quarter;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Sea Limited Quarterly report period is from April 1 to June 30, 2024.
Short Insights
- Launched the 7th anniversary Free Fire campaign. In Q2FY24, over 4 million first-time borrowers used our credit products, doubling the number from a year ago.
- In Q2FY24, the company's shares ranged from $51.70 to $76.60, opening at $53.95 on April 1, 2024, and closing at $71.42 on June 28, 2024.
