哔哩哔哩-W(9626.HK):季度全面盈利,聚焦AI时代优质内容 | 国盛海外

GS海外研究
24 Feb

本文节选自2025年2月24日发布的报告《哔哩哔哩-W(09626.HK)季度全面盈利,聚焦AI时代优质内容》摘 要哔哩哔哩2024Q4在GAAP和non-GAAP层面均实现盈利。B站2024Q4收入为77亿元,同比增长22%。其中增值服务、广告、游戏、IP衍生品及其他分别为31/24/18/4.6亿元,yoy+8%/+24%/+79%/-16%。2024Q4公司实现毛利率36.1%,同比改善约...

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