2021-11-23-SEC-BOSS直聘2021Q3财报_11页_880kb

Summary of Kanzhun Limited Q3 2021 Financial Results

Key Highlights:

• Revenues increased by 105.4% year-on-year to RMB1,211.8 million (US$188.1 million).
• Calculated cash billings rose by 61.8% to RMB1,221.0 million.
• Average monthly active users (MAUs) grew by 28.6% to 28.8 million.
• Net income surged to RMB286.2 million, with adjusted net income of RMB385.1 million.

Revenue Performance:

• Online recruitment services revenues increased 104.4% to RMB1,197.1 million.
• Other services revenues grew 217.4% to RMB14.6 million.

Financial Performance:

• Total operating costs and expenses rose 61.7% to RMB903.9 million.
• Income from operations reached RMB311.1 million.
• Net cash generated from operating activities increased by 13.8% to RMB269.9 million.
• Cash and cash equivalents balance was RMB11,941.1 million, up from USD4.534 billion at year-end 2020.

Business Outlook:

• Expected Q4 2021 revenues between RMB1.02 billion and RMB1.05 billion, representing a 58.1% to 62.8% year-on-year increase.

Key Risks and Developments:

• The company faces a cybersecurity review in China, temporarily suspending new user registrations.
• Non-GAAP measures, such as calculated cash billings and adjusted net income, provide supplementary insights into operational performance.