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）今天宣布其截至于2021年6月30日的2021財年業(yè)績。
普普文化董事長及首席執(zhí)行黃卓勤先生表示：“盡管新冠疫情對我們的部分業(yè)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(yè)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，歸屬于公司股東的凈利潤為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(yè)利潤率分別為28%和23%，較2020財年的29%和20%相比趨于平穩(wěn)。”
黃先生繼續(xù)說道，“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，也十分感謝客戶及合作伙伴對我們的認可和支持。未來，我們將持續(xù)專注于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(zhàn)略方針，即公司將繼續(xù)以‘IP內容’為業(yè)務核心，利用大數據和資本市場優(yōu)勢，力爭三大業(yè)務群實現持續(xù)高速增長，以成為行業(yè)龍頭為目標。”
截至6月30日財年 |
|||||
（除每股收益之外，其余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(zhí)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(yè)利潤 |
5.8 |
3.2 |
84% |
||
營業(yè)利潤率 |
23% |
20% |
3pp* |
||
凈利潤 |
4.3 |
2.6 |
63% |
||
歸屬于公司股東的凈利潤 |
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
2021財年運營亮點
2021財年財務業(yè)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%。主要是由于公司現場活動（舞蹈比賽、音樂節(jié)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(yè)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(zhí)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%。主要由于公司承辦的活動數量和規(guī)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%。主要由于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，主要是由于毛利率較高的品牌推廣業(yè)務減少。
營業(yè)費用
2021財年的營業(yè)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%。主要由于廣告費用增加了20,880美元以促進公司在線業(yè)務發(fā)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。主要由于各種項目略有增加，包括員工工資和商務招待費用。
所得稅費用
2021財年和2020財年的所得稅費用分別為140萬美元和50萬美元。主要由于截至2021年6月30日止2021財年的應稅收入增加所致。
凈利潤
2021財年的凈利潤為430萬美元，較2020財年的260萬美元增長63%。2021財年的歸屬于公司股東的凈利潤為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財年用于經營活動的凈現金流出為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凈現金流入為3,261美元。2021財年財務活動產生的凈現金流入為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。
關于普普文化集團有限公司
普普文化集團有限公司總部位于中國廈門，是一家嘻哈潮流公司。公司致力于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(jié)目，為企業(yè)客戶提供活動策劃與執(zhí)行服務以及營銷服務。公司近年來專注于發(fā)展和舉辦自己的嘻哈活動。欲了解更多信息，請訪問公司網站：http://ir.popinter.cn/。
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(fā)生及其可能對公司運營和需求的影響公司的服務，并基于對公司認為可能影響其財務狀況、經營業(yè)績、業(yè)務戰(zhàn)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(xù)”、“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后發(fā)生的事件或情況或其預期變化的義務。盡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，并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，并鼓勵投資者在公司的注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(yè)績的其他因素。
詳情請垂詢:
普普文化
投資者關系
郵箱: [email protected]
埃森德投資者關系
Tina Xiao
總裁
電話: 917-609-0333
郵箱: [email protected]
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 |
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 |
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 |
$ |
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) |
||||||||||||
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 |
||||||
