MOGU Announces Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

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MOGU Inc. (MOGU) Reports Q4 Loss of $0.18

May 29, 2020 5:45 AM EDT

MOGU Inc. (NYSE: MOGU) reported Q4 EPS of ($0.18). Revenue for the quarter came in at $16.8 million.

Fourth Quarter Fiscal Year 2020 Highlights

Gross Merchandise Value (GMV1) for the fourth quarter of fiscal year 2020 was RMB2,420 million (US$341.8 million2), a decrease of 33.8% year-over-year.Live Video Broadcast business continued to grow strongly with associated GMV for the fourth quarter of fiscal year 2020 increasing 54.1% year-over-year to RMB1,581 million (US$223.2 million). LVB associated GMV for the fourth quarter of 2020... More