加利福尼亞庫爾弗城2024年5月16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(lǐng)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3月31日的第一季度的財務(wù)業(yè)績。
蝸牛游戲聯(lián)席首席執(zhí)行官Tony Tian評論道："能夠擔(dān)任蝸牛公司的聯(lián)席首席執(zhí)行官，我感到非常激動和榮幸。這家公司擁有才華橫溢的團隊、突破性的技術(shù)以及如方舟系列的標志性游戲，該游戲系列在全球范圍內(nèi)孕育了熱情的游戲玩家社區(qū)。作為一名熱忱的方舟玩家，我深切的理解并欣賞這些創(chuàng)意和創(chuàng)新。我為蝸牛游戲的美好未來充滿期待，也期待與充滿激情，才華和奉獻精神的團隊共事。"
2024年第一季度業(yè)務(wù)亮點：
凈收入截至2024年3月31日三個月為1,410萬美元，而同比截至2023年3月31日三個月為1,350萬美元。凈收入的增加主要是由于方舟游戲的總銷售額增加了510萬美元，之前遞延的和解相關(guān)的收入增加了120萬美元，以及公司其他游戲銷售額增加的70萬美元，部分被方舟手游銷售額減少的60萬美元，與方舟系列相關(guān)的遞延收入增加的550萬美元所抵消。
凈虧損截至2024年3月31日三個月為180萬美元，而同比截至2023年3月31日三個月的凈虧損為300萬美元。凈虧損的減少由于凈收入增加60萬美元，一般和行政費用減少220萬美元，以及公司其他收入增加20萬美元，部分被研發(fā)費用增加的40萬美元、收入成本增加的120萬美元以及所得稅減少30萬美元所抵消。
訂購額（Bookings）截至2024年3月31日三個月為1,960萬美元，而同比截至2023年3月31日三個月為1,330萬美元。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。除方舟：生存飛升的銷售額增加外，公司在截至2024年3月31日的三個月因尚未發(fā)布的方舟：生存飛升的DLC擴展包遞延了約550萬美元的收入。
息稅折舊攤銷前利潤（"EBITDA"）截至2024年3月31日三個月為虧損190萬美元，較同比截至2023年3月31日三個月的虧損340萬美元有所減少。減少的主要原因是凈虧損減少了120萬美元，以及所得稅優(yōu)惠減少了30萬美元。
截至2024年3月31日，未受限制的現(xiàn)金為1,610萬美元。
非GAAP財務(wù)指標的使用
除了按照美國公認會計原則（GAAP）確定的財務(wù)結(jié)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(wù)指標，不應(yīng)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(yīng)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(wù)業(yè)績的關(guān)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(wù)持續(xù)運營業(yè)績的項目，例如某些非現(xiàn)金項目、不尋常或非經(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(guān)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(guān)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(jié)構(gòu)、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(dāng)期內(nèi)以數(shù)字或?qū)嵨锓绞戒N售的產(chǎn)品和服務(wù)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(wù)指標。
截至3月31日的三個月 |
||
2024 |
2023 |
|
(單位：百萬美元) |
||
總收入 |
$ 14.1 |
$ 13.5 |
遞延收入變化 |
5.5 |
(0.2) |
訂購額 |
$ 19.6 |
$ 13.3 |
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3月31日的三個月 |
||
2024 |
2023 |
|
(單位：百萬美元) |
||
凈虧損 |
$ (1.8) |
$ (3.0) |
利息收入和關(guān)聯(lián)方利息收入 |
(0.1) |
- |
利息費用和關(guān)聯(lián)方利息費用 |
0.4 |
0.3 |
所得稅收益 |
(0.5) |
(0.8) |
財產(chǎn)和設(shè)備折舊及攤銷費用 |
0.1 |
0.1 |
EBITDA |
$ (1.9) |
$ (3.4) |
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年第一季度財務(wù)業(yè)績。參與者可以訪問公司的投資者關(guān)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(gòu)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(yù)期"、"相信"、"可能"、"預(yù)計"、"應(yīng)該"、"計劃"、"打算"、"預(yù)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(guān)于蝸牛游戲的意圖、信念或當(dāng)前預(yù)期的聲明。這些前瞻性聲明包括關(guān)于蝸牛游戲的業(yè)務(wù)、財務(wù)狀況、運營結(jié)果、流動性、計劃和目標的可能或假設(shè)的未來結(jié)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(yù)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(guān)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(quán)組合；與捍衛(wèi)知識產(chǎn)權(quán)侵權(quán)和其他索賠相關(guān)的成本；未來業(yè)務(wù)發(fā)展、運營結(jié)果和財務(wù)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(wù)和全球經(jīng)濟的影響；法院或其他政府機構(gòu)的裁決；股票回購計劃，包括預(yù)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(shè)。
有關(guān)可能影響蝸牛游戲財務(wù)業(yè)績的風(fēng)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(yīng)該依賴這些前瞻性聲明，因為實際結(jié)果和成果可能會因這些風(fēng)險和不確定性而與前瞻性聲明中明示或暗示的結(jié)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(shè)以及蝸牛游戲目前掌握的信息，蝸牛游戲沒有義務(wù)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(guān)于蝸牛游戲
蝸牛是一家領(lǐng)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(shè)備）上使用而設(shè)計。
聯(lián)系方式
公司聯(lián)系方式：
蝸牛游戲及其附屬公司 合并資產(chǎn)負債表 （未審計） |
|||
March 31, 2024 |
December 31, 2023 |
||
ASSETS |
|||
Current Assets: |
|||
Cash and cash equivalents |
$ 16,068,729 |
$ 15,198,123 |
|
Accounts receivable, net of allowances for credit losses of $523,500 as of March 31, 2024 and December 31, 2023 |
7,375,179 |
25,134,808 |
|
Accounts receivable - related party |
2,585,213 |
- |
|
Loan and interest receivable - related party |
104,252 |
103,753 |
|
Prepaid expenses - related party |
4,337,556 |
6,044,404 |
|
Prepaid expenses and other current assets |
2,419,201 |
639,693 |
|
Prepaid taxes |
9,459,348 |
9,529,755 |
|
Total current assets |
42,349,478 |
56,650,536 |
|
Restricted cash and cash equivalents |
1,117,310 |
1,116,196 |
|
Accounts receivable - related party, net of current portion |
6,000,592 |
7,500,592 |
|
Prepaid expenses - related party |
10,842,748 |
7,784,062 |
|
Property, plant and equipment, net |
4,599,728 |
4,682,066 |
|
Intangible assets, net - other |
271,517 |
271,717 |
|
Deferred income taxes |
10,803,281 |
10,247,500 |
|
Other noncurrent assets |
169,047 |
164,170 |
|
Operating lease right-of-use assets, net |
2,138,285 |
2,440,690 |
|
Total assets |
$ 78,291,986 |
$ 90,857,529 |
|
LIABILITIES, NONCONTROLLING INTERESTS AND STOCKHOLDERS' EQUITY |
|||
Current Liabilities: |
|||
Accounts payable |
$ 9,901,360 |
$ 12,102,929 |
|
Accounts payable - related parties |
16,951,062 |
23,094,436 |
|
Accrued expenses and other liabilities |
2,425,882 |
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 |
702,284 |
797,361 |
|
Current portion of long-term promissory note |
2,791,438 |
2,811,923 |
|
Current portion of deferred revenue |
21,937,421 |
19,252,628 |
|
Current portion of operating lease liabilities |
1,540,086 |
1,505,034 |
|
Total current liabilities |
59,777,303 |
71,312,607 |
|
Accrued expenses |
254,731 |
254,731 |
|
Deferred revenue, net of current portion |
17,102,747 |
15,064,078 |
|
Operating lease liabilities, net of current portion |
1,023,216 |
1,425,494 |
|
Total liabilities |
78,157,997 |
88,056,910 |
|
Commitments and contingencies |
|||
Stockholders' Equity: |
|||
Class A common stock, $0.0001 par value, 500,000,000 shares authorized; 9,357,749 shares issued and 8,007,474 shares outstanding as of March 31, 2024, and 9,275,420 shares issued and 7,925,145 shares outstanding as of December 31, 2023 |
935 |
927 |
|
Class B common stock, $0.0001 par value, 100,000,000 shares authorized; 28,748,580 shares issued and outstanding as of March 31, 2024, and December 31, 2023 |
2,875 |
2,875 |
|
Additional paid-in capital |
25,304,692 |
26,171,575 |
|
Accumulated other comprehensive loss |
(273,680) |
(254,383) |
|
Accumulated deficit |
(15,728,654) |
(13,949,325) |
|
Treasury stock at cost (1,350,275 as of March 31, 2024 and December 31, 2023) |
(3,671,806) |
(3,671,806) |
|
Total Snail, Inc. equity |
5,634,362 |
8,299,863 |
|
Noncontrolling interests |
(5,500,373) |
(5,499,244) |
|
Total stockholders' equity |
133,989 |
2,800,619 |
|
Total liabilities, noncontrolling interests and stockholders' equity |
$ 78,291,986 |
$ 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 March 31, |
|||
2024 |
2023 |
||
Revenues, net |
$ 14,115,729 |
$ 13,458,488 |
|
Cost of revenues |
12,041,698 |
10,860,937 |
|
Gross profit |
2,074,031 |
2,597,551 |
|
Operating expenses: |
|||
General and administrative |
2,282,040 |
4,525,751 |
|
Research and development |
1,776,522 |
1,373,797 |
|
Advertising and marketing |
141,030 |
104,549 |
|
Depreciation and amortization |
82,338 |
115,060 |
|
Total operating expenses |
4,281,930 |
6,119,157 |
|
Loss from operations |
(2,207,899) |
(3,521,606) |
|
Other income (expense): |
|||
Interest income |
99,762 |
31,473 |
|
Interest income - related parties |
499 |
493 |
|
Interest expense |
(395,964) |
(294,583) |
|
Other income |
227,066 |
8,175 |
|
Foreign currency transaction loss |
18,128 |
(2,367) |
|
Total other income (expense), net |
(50,509) |
(256,809) |
|
Loss before benefit from income taxes |
(2,258,408) |
(3,778,415) |
|
Benefit from income taxes |
(477,950) |
(805,818) |
|
Net loss |
(1,780,458) |
(2,972,597) |
|
Net loss attributable to non-controlling interests |
(1,129) |
(1,219) |
|
Net loss attributable to Snail, Inc. |
$ (1,779,329) |
$ (2,971,378) |
|
Comprehensive loss statement: |
|||
Net loss |
$ (1,780,458) |
$ (2,972,597) |
|
Other comprehensive income (loss) related to currency translation adjustments, net of tax |
(19,297) |
2,320 |
|
Total comprehensive loss |
$ (1,799,755) |
$ (2,970,277) |
|
Net loss attributable to Class A common stockholders: |
|||
Basic |
$ (385,722) |
$ (642,340) |
|
Diluted |
$ (385,722) |
$ (642,340) |
|
Net loss attributable to Class B common stockholders: |
|||
Basic |
$ (1,393,607) |
$ (2,329,038) |
|
Diluted |
$ (1,393,607) |
$ (2,329,038) |
|
Loss per share attributable to Class A and B common stockholders: |
|||
Basic |
$ (0.05) |
$ (0.08) |
|
Diluted |
$ (0.05) |
$ (0.08) |
|
Weighted-average shares used to compute loss per share attributable to Class A common stockholders: |
|||
Basic |
7,957,031 |
7,928,742 |
|
Diluted |
7,957,031 |
7,928,742 |
|
Weighted-average shares used to compute loss per share attributable to Class B common stockholders: |
|||
Basic |
28,748,580 |
28,748,580 |
|
Diluted |
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 three months ended March 31, |
2024 |
2023 |
|
Cash flows from operating activities: |
|||
Net loss |
$ (1,780,458) |
$ (2,972,597) |
|
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: |
|||
Amortization - intangible assets - license, related parties |
- |
695,652 |
|
Amortization - intangible assets - other |
200 |
201 |
|
Amortization - loan origination fees and debt discounts |
47,729 |
8,911 |
|
Accretion - convertible notes |
181,754 |
- |
|
Depreciation and amortization - property and equipment |
82,338 |
115,060 |
|
Stock-based compensation expense |
(926,875) |
152,595 |
|
Interest income from restricted escrow deposit |
- |
(9,874) |
|
Deferred taxes, net |
(555,781) |
- |
|
Changes in assets and liabilities: |
|||
Accounts receivable |
17,759,629 |
(230,885) |
|
Accounts receivable - related party |
(1,085,213) |
47,744 |
|
Prepaid expenses - related party |
(1,351,838) |
(2,500,000) |
|
Prepaid expenses and other current assets |
(1,779,508) |
(632,240) |
|
Prepaid taxes |
70,407 |
- |
|
Accounts payable |
(1,938,654) |
(1,248,355) |
|
Accounts payable - related parties |
(6,143,374) |
(377,476) |
|
Accrued expenses and other liabilities |
(461,311) |
443,528 |
|
Interest receivable - related party |
(499) |
(493) |
|
Lease liabilities |
(64,821) |
(49,411) |
|
Deferred revenue |
4,723,462 |
(151,130) |
|
Net cash provided by (used in) operating activities |
6,777,187 |
(6,708,770) |
|
Cash flows from financing activities: |
|||
Repayments on promissory note |
(20,484) |
(26,503) |
|
Repayments on notes payable |
(2,333,333) |
(1,666,667) |
|
Repayments on convertible notes |
(269,550) |
- |
|
Repayments on revolving loan |
(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 |
(5,886,281) |
(2,042,581) |
|
Effect of currency translation on cash and cash equivalents |
(19,186) |
2,074 |
|
Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents |
871,720 |
(8,749,277) |
|
Cash and cash equivalents, and restricted cash and cash equivalents - beginning of period |
16,314,319 |
19,238,185 |
|
Cash and cash equivalents, and restricted cash and cash equivalents – end of period |
$ 17,186,039 |
$ 10,488,908 |
|
Supplemental disclosures of cash flow information |
|||
Cash paid during the period for: |
|||
Interest |
$ 171,101 |
$ 285,672 |
|
Income taxes |
$ 1,871 |
$ 182,387 |
|
Noncash finance activity during the period for: |
|||
Debt converted to equity |
$ (60,000) |
$ - |
|
