1、JOYY Reports Fourth Quarter and Full Year 2024 Unaudited Financial ResultsMarch 19,2025SINGAPORE,March 20,2025(GLOBE NEWSWIRE)-JOYY Inc.(NASDAQ:YY)(“JOYY”or the“Company”),a global technology company,todayannounced its unaudited financial results for the fourth quarter and full year of 2024.Fourth Qu

2、arter 2024 Financial Highlights1Net revenues were US$549.4 million,compared to US$569.8 million in the corresponding period of 2023.Net loss attributable to controlling interest of JOYY2 was US$304.1 million,compared to net income of US$45.8 millionin the corresponding period of 2023.This result inc

3、ludes the impact of a US$454.9 million non-cash goodwill impairmentcharge.Adjusted for this particular non-cash impact,net income excluding goodwill impairment attributable to controllinginterest of JOYY3 was US$71.1 million.Non-GAAP net income attributable to controlling interest and common shareho

4、lders of JOYY4 was US$96.1 million,compared to US$64.2 million in the corresponding period of 2023.Full Year 2024 HighlightsNet revenues were US$2,237.8 million,compared to US$2,267.9 million in 2023.Net loss attributable to controlling interest of JOYY was US$146.2 million,compared to net income of

5、 US$301.8million in 2023.This result includes the impact of a US$454.9 million non-cash goodwill impairment charge.Adjusted forthis particular non-cash impact,net income excluding goodwill impairment attributable to controlling interest of JOYY wasUS$229.0 million.Non-GAAP net income attributable to

6、 controlling interest and common shareholders of JOYY was US$298.5 million,compared to US$292.5 million in 2023.Fourth Quarter 2024 Operational HighlightsGlobal average mobile MAUs5 was 263.1 million,compared to 274.9 million in the corresponding period of 2023,primarily due to the Companys optimiza