加州卡爾弗城2024年8月14日 /美通社/ -- Snail, Inc. (納斯達克股票代碼: SNAL) (以下簡稱"蝸牛"或"公司"）是一家領先的全球獨立開發(fā)商和發(fā)行商，專注于互動數(shù)字娛樂，今日宣布截至2024年6月30日的第二季度的財務業(yè)績。
蝸牛游戲聯(lián)席首席執(zhí)行官Tony Tian評論道："我非常榮幸能夠與出色的團隊一起領導蝸牛游戲，繼續(xù)發(fā)揚公司卓越的創(chuàng)新和創(chuàng)造力傳統(tǒng)。我們致力于為玩家提供卓越的游戲體驗，正如方舟：生存飛升的成功推出所展示的那樣，將繼續(xù)推動蝸牛游戲取得未來的成功和勝利。展望未來，我們很高興能夠擴展我們的高級游戲模組的覆蓋范圍，并推出新的內(nèi)容來取悅我們在全球范圍內(nèi)不斷增長壯大的玩家群體。"
2024年第二季度業(yè)務亮點：
凈收入截至2024年6月30日三個月為2,160萬美元，而同比截至2023年6月30日三個月為990萬美元。凈收入的增加主要是由于方舟系列游戲的總銷售額增加了1000萬美元，而頌鐘長鳴的發(fā)布使公司其他游戲銷售額增加了390萬美元，部分被方舟手游銷售額減少的30萬美元，與方舟系列相關的遞延收入增加的190萬美元所抵消。
凈利潤截至2024年6月30日三個月為230萬美元，而同比截至2023年6月30日三個月的凈虧損為410萬美元。凈利潤的增加是由于凈收入增加1,170萬美元，一般和行政費用減少120萬美元，以及公司其他收入（費用）增加50萬美元，部分被研發(fā)費用增加的70萬美元、廣告和營銷費用增加的50萬美元、收入成本增加的420萬美元以及所得稅減少170萬美元所抵消。
訂購額（Bookings）截至2024年6月30日三個月為2,290萬美元，而同比截至2023年6月30日三個月為930萬美元。訂購額的增加是由于方舟：生存飛升在2023年第四季度的強勢發(fā)布，以及在2024年4月推出的鮑勃的奇談擴展包和新游頌鐘長鳴，以及方舟：生存飛升的焦土DLC擴展包。除上述游戲的銷售額增加外，公司在截至2024年6月30日的三個月因尚未發(fā)布的方舟：生存飛升的DLC擴展包和部分的鮑勃的奇談遞延了約710萬美元的收入；部分被焦土擴展包的發(fā)布所確認的560萬美元收入所抵消。
息稅折舊攤銷前利潤（"EBITDA"）截至2024年6月30日三個月為310萬美元，而同比截至2023年6月30日三個月的虧損為480萬美元。增加的主要原因是凈利潤增加了640萬美元，以及所得稅收益減少了170萬美元。
截至2024年6月30日，未受限制的現(xiàn)金為1,550萬美元。
非GAAP財務指標的使用
除了按照美國公認會計原則（GAAP）確定的財務結果外，蝸牛游戲認為，訂購額（Bookings）和息稅折舊攤銷前利潤(EBITDA)作為非GAAP指標，有助于評估其經(jīng)營業(yè)績。訂購額和EBITDA是作為補充披露的非GAAP財務指標，不應被視為凈利潤（虧損）或收入這兩個運營業(yè)績指標的替代指標，也不應被視為衡量運營活動提供的現(xiàn)金流量的替代指標，兩者均按照GAAP確定。蝸牛游戲補充呈現(xiàn)訂購額和EBITDA，是為管理層用于評估財務業(yè)績的關鍵運營指標。訂購額調(diào)整了遞延收入的影響，蝸牛游戲認為其提供了在給定時期內(nèi)銷售情況的有用指標。EBITDA調(diào)整了蝸牛游戲認為不反映其業(yè)務持續(xù)運營業(yè)績的項目，例如某些非現(xiàn)金項目、不尋?；蚍墙?jīng)常性項目，或者期間內(nèi)發(fā)生變化但對其運營業(yè)績沒有實質(zhì)性關聯(lián)的項目。管理層認為，訂購額和EBITDA有助于投資者和分析師了解蝸牛游戲的關鍵經(jīng)營業(yè)績趨勢，而其他指標可能因長期戰(zhàn)略決策如資本結構、蝸牛游戲所在的稅收管轄區(qū)和資本投資而產(chǎn)生差異。
訂購額（Bookings）是指當期內(nèi)以數(shù)字或?qū)嵨锓绞戒N售的產(chǎn)品和服務的凈額。訂購額等于收入扣除遞延的影響。以下是總凈收入與訂購額的調(diào)整，并是最接近GAAP的財務指標。
截至6月30日的三個月, |
截至6月30日的六個月, |
|||||||||||||||
2024 |
2023 |
2024 |
2023 |
|||||||||||||
(單位：百萬美元) |
(單位：百萬美元) |
|||||||||||||||
總收入 |
$ |
21.6 |
$ |
9.9 |
$ |
35.7 |
$ |
23.4 |
||||||||
遞延收入變化 |
1.3 |
(0.6) |
6.7 |
(0.8) |
||||||||||||
訂購額 |
$ |
22.9 |
$ |
9.3 |
$ |
42.4 |
$ |
22.6 |
||||||||
我們將EBITDA定義為凈利潤（虧損），扣除以下項目：(i)利息費用，(ii)利息收入，(iii)所得稅準備金（收益）和(iv)折舊及攤銷費用。以下表格提供了從凈利潤（虧損）與EBITDA的調(diào)整：
截至6月30日的三個月, |
截至6月30日的六個月, |
|||||||||||||||
2024 |
2023 |
2024 |
2023 |
|||||||||||||
(單位：百萬美元) |
(單位：百萬美元) |
|||||||||||||||
凈利潤（虧損） |
$ |
2.3 |
$ |
(4.1) |
$ |
0.5 |
$ |
(7.1) |
||||||||
利息收入和關聯(lián)方利息收入 |
(0.1) |
- |
(0.2) |
(0.1) |
||||||||||||
利息費用和關聯(lián)方利息費用 |
0.2 |
0.3 |
0.6 |
0.6 |
||||||||||||
所得稅撥備（收益） |
0.6 |
(1.1) |
0.1 |
(1.9) |
||||||||||||
折舊及攤銷費用 |
0.1 |
0.1 |
0.2 |
0.2 |
||||||||||||
EBITDA |
$ |
3.1 |
$ |
(4.8) |
$ |
1.2 |
$ |
(8.3) |
||||||||
會議詳情
公司將于今天美國東部時間下午4:30舉辦一場會議，討論2024年第二季度財務業(yè)績。參與者可以訪問公司的投資者關系網(wǎng)站https://investor.snail.com/，加入會議直播和重播。
前瞻性聲明
本新聞稿包含構成前瞻性聲明的陳述。本新聞稿中包含的許多前瞻性聲明可以通過使用"預期"、"相信"、"可能"、"預計"、"應該"、"計劃"、"打算"、"預測"、"繼續(xù)"、"估計"和"潛在"等前瞻性詞匯或其他類似表達來識別。本新聞稿的多出出現(xiàn)前瞻性表述，包括但不限于，有關于蝸牛游戲的意圖、信念或當前預期的聲明。這些前瞻性聲明包括關于蝸牛游戲的業(yè)務、財務狀況、運營結果、流動性、計劃和目標的可能或假設的未來結果的信息。蝸牛游戲就以下事項發(fā)表的聲明屬于前瞻性聲明：增長前景和戰(zhàn)略；推出新游戲和在商業(yè)上取得成功的游戲的附加功能內(nèi)容；預期未來增長的重要驅(qū)動因素；其能夠保留和增加其玩家群體、開發(fā)新的游戲和改善現(xiàn)有游戲的能力；包括來自其他休閑游戲開發(fā)商和發(fā)行商，以及大型和小型、上市和私營互聯(lián)網(wǎng)公司在內(nèi)的多個行業(yè)的公司的競爭；在控制人力成本的同時吸引和留住資質(zhì)管理團隊及其他團隊成員的能力；與第三方平臺的關系，如 Xbox Live 和 Game Pass、PlayStation Network、Steam、Epic Games Store、My Nintendo Store、Apple App Store、Google Play Store 和 Amazon Appstore；可尋址市場的規(guī)模、市場份額和市場趨勢；其能夠成功進入新市場和管理國際擴張的能力；保護和發(fā)展其品牌和知識產(chǎn)權組合；與捍衛(wèi)知識產(chǎn)權侵權和其他索賠相關的成本；未來業(yè)務發(fā)展、運營結果和財務狀況；涉及俄羅斯和烏克蘭以及以色列和哈馬斯的持續(xù)沖突對其業(yè)務和全球經(jīng)濟的影響；法院或其他政府機構的裁決；股票回購計劃，包括預期回購的時間和方式；其進行并成功整合戰(zhàn)略收購的計劃；所有前述內(nèi)容的基本假設。
有關可能影響蝸牛游戲財務業(yè)績的風險、不確定性和其他因素的更多信息，請參閱蝸牛游戲不時向美國證券交易委員會（SEC）提交的文件、10-K 表年報和 10-Q 季報。您不應該依賴這些前瞻性聲明，因為實際結果和成果可能會因這些風險和不確定性而與前瞻性聲明中明示或暗示的結果和成果有實質(zhì)性差異。本新聞稿中的所有前瞻性表述均基于管理層的信念和假設以及蝸牛游戲目前掌握的信息，蝸牛游戲沒有義務更新所提供的前瞻性表述，以反映表述日期之后發(fā)生的事件或存在的情況。
關于蝸牛游戲
蝸牛是一家領先的全球獨立開發(fā)商和發(fā)行商，為世界各地的消費者提供互動數(shù)字娛樂，擁有一流的優(yōu)質(zhì)游戲產(chǎn)品組合，專為在各種平臺（包括游戲機、個人電腦和移動設備）上使用而設計。
聯(lián)系方式
公司聯(lián)系方式：
investors@snail.com
蝸牛游戲及其附屬公司
合并資產(chǎn)負債表
（未審計）
June 30, 2024 |
December 31, 2023 |
|||||||
ASSETS |
||||||||
Current Assets: |
||||||||
Cash and cash equivalents |
$ |
15,494,156 |
$ |
15,198,123 |
||||
Accounts receivable, net of allowances for credit losses of |
8,212,318 |
25,134,808 |
||||||
Accounts receivable - related party |
2,690,306 |
- |
||||||
Loan and interest receivable - related party |
104,751 |
103,753 |
||||||
Prepaid expenses - related party |
4,151,547 |
6,044,404 |
||||||
Prepaid expenses and other current assets |
1,290,375 |
639,693 |
||||||
Prepaid taxes |
9,640,169 |
9,529,755 |
||||||
Total current assets |
41,583,622 |
56,650,536 |
||||||
Restricted cash and cash equivalents |
1,118,437 |
1,116,196 |
||||||
Accounts receivable - related party, net of current portion |
4,500,592 |
7,500,592 |
||||||
Prepaid expenses - related party, net of current portion |
11,209,590 |
7,784,062 |
||||||
Property and equipment, net |
4,519,174 |
4,682,066 |
||||||
Intangible assets, net - other |
271,316 |
271,717 |
||||||
Deferred income taxes |
10,187,267 |
10,247,500 |
||||||
Other noncurrent assets |
166,303 |
164,170 |
||||||
Operating lease right-of-use assets, net |
1,831,269 |
2,440,690 |
||||||
Total assets |
$ |
75,387,570 |
$ |
90,857,529 |
||||
LIABILITIES, NONCONTROLLING INTERESTS AND |
||||||||
Current Liabilities: |
||||||||
Accounts payable |
$ |
5,021,234 |
$ |
12,102,929 |
||||
Accounts payable - related parties |
16,742,358 |
23,094,436 |
||||||
Accrued expenses and other liabilities |
2,166,996 |
2,887,193 |
||||||
Interest payable - related parties |
527,770 |
527,770 |
||||||
Revolving loan |
3,000,000 |
6,000,000 |
||||||
Notes payable |
- |
2,333,333 |
||||||
Convertible notes, net of discount |
- |
797,361 |
||||||
Current portion of long-term promissory note |
2,771,040 |
2,811,923 |
||||||
Current portion of deferred revenue |
21,451,307 |
19,252,628 |
||||||
Current portion of operating lease liabilities |
1,575,578 |
1,505,034 |
||||||
Total current liabilities |
53,256,283 |
71,312,607 |
||||||
Accrued expenses |
254,731 |
254,731 |
||||||
Deferred revenue, net of current portion |
18,866,375 |
15,064,078 |
||||||
Operating lease liabilities, net of current portion |
615,887 |
1,425,494 |
||||||
Total liabilities |
72,993,276 |
88,056,910 |
||||||
Commitments and contingencies |
||||||||
Stockholders' Equity: |
||||||||
Class A common stock, $0.0001 par value, 500,000,000 shares |
936 |
927 |
||||||
Class B common stock, $0.0001 par value, 100,000,000 shares |
2,875 |
2,875 |
||||||
Additional paid-in capital |
25,319,673 |
26,171,575 |
||||||
Due from shareholder - loan receivable |
- |
- |
||||||
Due from shareholder - interest receivable |
- |
- |
||||||
Accumulated other comprehensive loss |
(282,973) |
(254,383) |
||||||
Accumulated deficit |
(13,472,503) |
(13,949,325) |
||||||
Treasury stock at cost (1,350,275 as of June 30, 2024 and December |
(3,671,806) |
(3,671,806) |
||||||
Total Snail, Inc. equity |
7,896,202 |
8,299,863 |
||||||
Noncontrolling interests |
(5,501,908) |
(5,499,244) |
||||||
Total stockholders' equity |
2,394,294 |
2,800,619 |
||||||
Total liabilities, noncontrolling interests and stockholders' equity |
$ |
75,387,570 |
$ |
90,857,529 |
||||
蝸牛游戲及其附屬公司
合并綜合損益表
（未審計）
Three months ended June 30, |
Six months ended June 30, |
|||||||||||||||
2024 |
2023 |
2024 |
2023 |
|||||||||||||
Revenues, net |
$ |
21,606,650 |
$ |
9,892,253 |
$ |
35,722,379 |
$ |
23,350,741 |
||||||||
Cost of revenues |
13,504,174 |
9,335,765 |
25,545,872 |
20,196,702 |
||||||||||||
Gross profit |
8,102,476 |
556,488 |
10,176,507 |
3,154,039 |
||||||||||||
Operating expenses: |
||||||||||||||||
General and administrative |
2,795,884 |
3,937,234 |
5,077,924 |
8,462,985 |
||||||||||||
Research and development |
1,860,881 |
1,200,842 |
3,637,403 |
2,574,639 |
||||||||||||
Advertising and marketing |
694,195 |
168,292 |
835,225 |
272,841 |
||||||||||||
Depreciation and amortization |
80,554 |
118,110 |
162,892 |
233,170 |
||||||||||||
Total operating expenses |
5,431,514 |
5,424,478 |
9,713,444 |
11,543,635 |
||||||||||||
Income (loss) from operations |
2,670,962 |
(4,867,990) |
463,063 |
(8,389,596) |
||||||||||||
Other income (expense): |
||||||||||||||||
Interest income |
64,790 |
19,791 |
164,552 |
51,264 |
||||||||||||
Interest income - related parties |
498 |
499 |
997 |
992 |
||||||||||||
Interest expense |
(142,301) |
(296,237) |
(538,265) |
(590,820) |
||||||||||||
Other income |
244,527 |
- |
471,593 |
8,175 |
||||||||||||
Foreign currency transaction gain |
5,652 |
(21,845) |
23,780 |
(24,212) |
||||||||||||
Total other income (expense), net |
173,166 |
(297,792) |
122,657 |
(554,601) |
||||||||||||
Income (loss) before benefit from income |
2,844,128 |
(5,165,782) |
585,720 |
(8,944,197) |
||||||||||||
Provision for (benefit from) income taxes |
589,512 |
(1,081,887) |
111,562 |
(1,887,705) |
||||||||||||
Net income (loss) |
2,254,616 |
(4,083,895) |
474,158 |
(7,056,492) |
||||||||||||
Net loss attributable to non-controlling interests |
(1,535) |
(4,464) |
(2,664) |
(5,683) |
||||||||||||
Net income (loss) attributable to Snail, |
$ |
2,256,151 |
$ |
(4,079,431) |
$ |
476,822 |
$ |
(7,050,809) |
||||||||
Comprehensive income (loss) |
||||||||||||||||
Net income (loss) |
$ |
2,254,616 |
$ |
(4,083,895) |
$ |
474,158 |
$ |
(7,056,492) |
||||||||
Other comprehensive income (loss) |
(9,293) |
18,707 |
(28,590) |
21,027 |
||||||||||||
Total comprehensive income (loss) |
$ |
2,245,323 |
$ |
(4,065,188) |
$ |
445,568 |
$ |
(7,035,465) |
||||||||
Net income (loss) attributable to Class |
||||||||||||||||
Basic |
$ |
489,379 |
$ |
(879,665) |
$ |
103,656 |
$ |
(1,522,005) |
||||||||
Diluted |
$ |
463,249 |
$ |
(879,665) |
$ |
79,116 |
$ |
(1,522,005) |
||||||||
Net income (loss) attributable to Class |
||||||||||||||||
Basic |
$ |
1,766,772 |
$ |
(3,199,766) |
$ |
373,166 |
$ |
(5,528,804) |
||||||||
Diluted |
$ |
1,673,031 |
$ |
(3,199,766) |
$ |
284,821 |
$ |
(5,528,804) |
||||||||
Net income (loss) per share |
||||||||||||||||
Basic |
$ |
0.06 |
$ |
(0.11) |
$ |
0.01 |
$ |
(0.19) |
||||||||
Diluted |
$ |
0.06 |
$ |
(0.11) |
$ |
0.01 |
$ |
(0.19) |
||||||||
Net income (loss) per share |
||||||||||||||||
Basic |
$ |
0.06 |
$ |
(0.11) |
$ |
0.01 |
$ |
(0.19) |
||||||||
Diluted |
$ |
0.06 |
$ |
(0.11) |
$ |
0.01 |
$ |
(0.19) |
||||||||
Weighted-average shares used to |
||||||||||||||||
Basic |
8,013,634 |
7,901,145 |
7,985,631 |
7,914,096 |
||||||||||||
Diluted |
8,196,329 |
7,901,145 |
8,225,025 |
7,914,096 |
||||||||||||
Weighted-average shares used to |
||||||||||||||||
Basic |
28,748,580 |
28,748,580 |
28,748,580 |
28,748,580 |
||||||||||||
Diluted |
28,748,580 |
28,748,580 |
28,748,580 |
28,748,580 |
||||||||||||
蝸牛游戲及其附屬公司
合并現(xiàn)金流量表
（未審計）
For the six months ended June 30, |
2024 |
2023 |
||||||
Cash flows from operating activities: |
||||||||
Net income (loss) |
$ |
474,158 |
$ |
(7,056,492) |
||||
Adjustments to reconcile net income (loss) to net cash provided by |
||||||||
Amortization - intangible assets - license, related parties |
- |
1,057,971 |
||||||
Amortization - intangible assets - other |
401 |
402 |
||||||
Amortization - loan origination fees and debt discounts |
57,632 |
20,726 |
||||||
Accretion - convertible notes |
222,628 |
- |
||||||
Depreciation and amortization - property and equipment |
162,892 |
233,170 |
||||||
Stock-based compensation expense |
(911,893) |
385,365 |
||||||
Interest income from restricted escrow deposit |
- |
(21,389) |
||||||
Deferred taxes, net |
60,233 |
(1,887,705) |
||||||
Changes in assets and liabilities: |
||||||||
Accounts receivable |
16,922,490 |
1,794,458 |
||||||
Accounts receivable - related party |
309,694 |
(389,042) |
||||||
Prepaid expenses - related party |
(1,532,672) |
(2,500,000) |
||||||
Prepaid expenses and other current assets |
(650,682) |
234,940 |
||||||
Prepaid taxes |
(110,414) |
- |
||||||
Other noncurrent assets |
- |
(2,903) |
||||||
Accounts payable |
(6,818,781) |
(701,488) |
||||||
Accounts payable - related parties |
(6,352,078) |
(307,052) |
||||||
Accrued expenses and other liabilities |
(720,197) |
1,131,886 |
||||||
Interest receivable - related party |
(997) |
(992) |
||||||
Lease liabilities |
(129,642) |
(98,822) |
||||||
Deferred revenue |
6,000,976 |
(765,599) |
||||||
Net cash provided by (used in) operating activities |
6,983,748 |
(8,872,566) |
||||||
Cash flows from financing activities: |
||||||||
Repayments on promissory note |
(40,883) |
(46,517) |
||||||
Repayments on notes payable |
(2,333,333) |
(2,916,666) |
||||||
Repayments on convertible notes |
(1,020,000) |
- |
||||||
Repayments on revolving loan |
(3,000,000) |
(3,000,000) |
||||||
Purchase of treasury stock |
- |
(257,093) |
||||||
Payments of capitalized offering costs |
- |
(92,318) |
||||||
Payments of offering costs in accounts payable |
(262,914) |
- |
||||||
Net cash used in financing activities |
(6,657,130) |
(6,312,594) |
||||||
Effect of currency translation on cash and cash equivalents |
(28,344) |
21,095 |
||||||
Net increase (decrease) in cash and cash equivalents, and restricted |
298,274 |
(15,164,065) |
||||||
Cash and cash equivalents, and restricted cash and cash equivalents - |
16,314,319 |
19,238,185 |
||||||
Cash and cash equivalents, and restricted cash and cash |
$ |
16,612,593 |
$ |
4,074,120 |
||||
Supplemental disclosures of cash flow information |
||||||||
Cash paid during the period for: |
||||||||
Interest |
$ |
305,825 |
$ |
568,908 |
||||
Income taxes |
$ |
161,671 |
$ |
270,802 |
||||
Noncash finance activity during the period for: |
||||||||
Debt converted to equity |
$ |
(60,000) |
$ |
- |
||||
Refund of dividend withholding tax overpayment |
$ |
- |
$ |
1,886,559 |
||||
