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1. Open Market Transactions Overview. https://www.investopedia.com/terms/o/open-market-transactions.asp 2. What are open market transactions? https://www.investopedia.com/ask/answers/05/openmarkettransactions.asp 3. Open Market Operations (OMOs) - How it Works. https://www.investopedia.com/articles/investing/020515/open-market-operations-omos-how-it-works.asp 4. What Are Open Market Operations? https://www.investopedia.com/terms/o/open-market-operations.asp 5. Understanding Open Market Operations. https://www.investopedia.com/articles/investing/022515/understanding-open-market-operations.asp 6. Open Market Transactions and the Money Supply. https://www.investopedia.com/articles/investing/071715/open-market-transactions-and-money-supply.asp 7. Open Market Transactions: Effects on the Economy. https://www.investopedia.com

MarketWise Reports Net Income of $93.1 Million and Net Revenue of $408.7 Million for Full Year 2024, and Announces Stock Repurchase Program of up to $50 Million - ForexTV

BALTIMORE, Feb. 28, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for fourth quarter 2024.(1) Fourth Quarter 2024 Highlights(1)(2) Paid Subscribers were 506 thousand as of December 31, 2024 compared with 737 thousand as of December 31, 2023Total Net Revenue was $97.5 million in 4Q 2024 compared with $112.2 million in 4Q 2023Total Billings was $55.4 million in 4Q 2024 compared with $93.6 million in 4Q 2023Net Income was $26.4 million in 4Q 2024 compared with $1.9 million in 4Q 2023Cash from Operating Activities of $6.0 million in 4Q 2024 compared with $17.5 million in 4Q 2023Cash and Cash Equivalents were $97.9 million as of December 31, 2024 (1) The fourth quarter 2024 and full year 2024 results reported herein are unaudited.(2) See “Key Business Metrics and Non-GAAP Financial Measures” below. For a reconciliation of Adjusted CFFO and Adjusted CFFO margin, see “Non-GAAP Measures” below. Dr. David “Doc” Eifrig, Interim Chief Executive Officer, commented, “I am pleased with the results for the fourth quarter where we generated Billings of over $55 million, or a 10% sequential increase compared to the third quarter. This top line growth, along with a return to profitability in the quarter, evidences that we are making progress on our strategic pillars of growth, efficiency, and new business. The encouraging trends we saw in the fourth quarter of 2024 have continued into the first quarter of 2025. Through the first two months of the first quarter, our Billings are over 10% higher than the comparable period of the fourth quarter. We attribute this continued top line growth to compelling content offerings, successful customer acquisition efforts, and strong overall price points. As we look ahead into 2025, I continue to be excited about our growth opportunities and I believe we have the team and strategic plan in place to drive higher returns for our shareholders.” Eifrig continued, “In the coming weeks we expect the Company will complete a reverse stock split bringing our per share price into a range that is more commensurate with our current market capitalization. Further, we believe the higher price per share will be more attractive to certain institutional investors, will enable us to meet the Nasdaq exchange requirements, and will increase the overall market perception of our business. When coupled with our double-digit top line growth and improving margins, we believe this decision positions us well to execute our strategic plan.” “Lastly, our Board approved another $0.01 quarterly dividend demonstrating our commitment to return excess capital to shareholders, while providing a reasonable yield on our stock. Also, as we have communicated previously, we will continue to evaluate opportunistic share repurchases as part of our broader capital allocation strategy. To this end, the board authorized a share repurchase program of up to $50 million. We believe improved financial results combined with a wise capital allocation strategy will result in strong returns for our shareholders over time.” Full Year 2024 Highlights(1) Total Net Revenue for the year ended December 31, 2024 was $408.7 million, a decrease of 8.8% compared with the same period in prior year.Total Billings for the year ended December 31, 2024 was $239.1 million, a decrease of 37.5% compared with the same period in prior year.Net Income for the year ended December 31, 2024 was $93.1 million, an increase of 71.5% compared with the same period in prior year.Net Cash Used in Operating Activities was $22.2 million for the year ended December 31, 2024, compared with Net Cash Provided by Operating Activities of $62.4 million for the same period in prior year. Our summary results are as follows:     (Unaudited) 4Q 2023 1Q 2024(4) 2Q 2024(4) 3Q 2024(4) 4Q 2024(4)TTM 4Q 2024Paid Subscribers (in thousands) 737 683  645  592  506N/MTotal net revenue (in millions)$112.2$109.0 $105.0 $97.2 $97.5$408.7 New "Marketing" Billings (1)$67.7$54.8 $38.7 $32.3 $37.0$162.8 Net "Renewal" Billings (2)$21.6$21.4 $17.1 $15.7 $16.0$70.3 Other Billings (3)$4.2$1.0 $1.8 $0.9 $2.4$6.0 Total Billings$93.6$77.2 $57.6 $48.9 $55.4$239.1 ARPU$503$492 $456 $417 $394$394 Net income (in millions)$1.9$22.7 $21.2 $22.7 $26.4$93.1 CFFO (in millions)$17.5$(18.5)$(3.8)$(5.8)$6.0$(22.2)Adjusted CFFO (in millions)$21.5$(18.5)$(3.8)$(5.8)$6.0$(22.2)   (1) Includes billings from all new subscription sales to new and existing subscribers.(2) Includes billings attributable to renewal and maintenance fee payments. Excludes Membership sales.(3) Includes primarily billings from Revenue Share, Advertising, and Conferences.(4) The fourth quarter 2024 and full year 2024 results are unauditedN/M - Not Meaningful Balance Sheet and Capital Structure As of December 31, 2024 the consolidated Cash balance was $97.9 million as compared with $155.2 million at December 31, 2023. The majority of the decline in cash related to activity that occurred in the first half of 2024. For the year ended December 31, 2024, interest income earned totaled $5.9 million. In the third quarter of 2024, we began making required tax distribution payments to MarketWise, LLC’s members, including MarketWise, Inc. of approximately $6 million. These tax distributions are reflected in our statement of cash flows as cash used in financing activities. In January 2025, we made a quarterly tax distribution of $15.1 million proportionately to MarketWise, LLC’s members, including MarketWise, Inc. This quarterly tax distribution to MarketWise, Inc. exceeded its corporate tax liability and enabled the Company to declare and pay a special dividend of $0.03 per Class A share with the excess tax distribution proceeds. This previously announced special dividend was paid on February 26, 2025. We will continue to make required quarterly tax distributions in future periods, which we expect to be significant. The amount of future tax distributions, and the related special dividend to Class A shareholders, will be dependent on a variety of factors. The Company’s $150 million credit facility matured on October 29, 2024, with no amounts outstanding. While the Company currently has no immediate needs for external capital, and the business plan is fully funded, the Company may in the future consider entering into a new credit facility to enhance optionality around capital allocation alternatives. On February 28, 2025, the Board of Directors authorized a stock repurchase program of up to $50 million of Class A common stock. Repurchases of Class A common stock may be made from time to time, either through open market transactions (including pre-set trading plans) or through other transactions in accordance with applicable securities laws. Repurchases under the program have been authorized for the next 12 months but the program may be modified, suspended, or terminated at any time. MarketWise Inc.’s Class A common stock trades on the Nasdaq Global Market under the symbol "MKTW." As of December 31, 2024, the Company had 39,562,797 shares of Class A common stock and 279,890,147 shares of Class B common stock issued and outstanding. Net Income attributable to non-controlling interest on the Income Statement is primarily associated with these B shares and is a result of our corporate structure. About MarketWise Founded with a mission to level the playing field for self-directed investors, today MarketWise is a leading multi- brand subscription services platform providing premium financial research, software, education, and tools for investors. With more than 25 years of operating history, MarketWise serves a community of millions of free and paid subscribers. MarketWise’s products are a trusted source for high-value financial research, education, actionable investment ideas, and investment software. MarketWise is a 100% digital, direct-to-customer company offering its research across a variety of platforms including mobile, desktops, and tablets. MarketWise has a proven, agile, and scalable platform and our vision is to become the leading financial solutions platform for self-directed investors. Key Business Metrics and Non-GAAP Financial Measures In this release we discuss certain key business metrics, which we believe provide useful information about the Company’s business and the operational factors underlying the Company’s financial performance. We are not aware of any uniform standards for calculating these key metrics, which may hinder comparability with other companies who may calculate similarly titled metrics in a different way. Billings is defined as amounts invoiced to customers. Paid Subscribers are defined as the total number of unique subscribers with at least one paid subscription at the end of the period. Average revenue per user or ARPU is defined as the trailing four quarters of net Billings divided by the average number of quarterly total Paid Subscribers over that period. In addition to our results determined in accordance with GAAP, we believe that the below non-GAAP financial measures are useful in evaluating operating performance. We use the below non-GAAP financial measures, collectively, to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance. This non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from similarly titled non-GAAP measures used by other companies. A reconciliation is provided below for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Investors are encouraged to review the related GAAP financial measures and the reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures. Adjusted CFFO is defined as cash flow from operations plus or minus any non-recurring items. Adjusted CFFO Margin is defined as Adjusted CFFO as a percentage of Billings. We believe that Adjusted CFFO and Adjusted CFFO Margin are useful indicators that provide information to management and investors about our ability to generate cash (without the effects of non-recurring items), and for internal planning and forecasting purposes. We expect Adjusted CFFO and Adjusted CFFO Margin to fluctuate in future periods as we invest in our business to execute our growth strategy. These activities, along with any non-recurring items as described above, may result in fluctuations in Adjusted CFFO and Adjusted CFFO Margin in future periods. Non-GAAP Measures The following table provides a reconciliation of net cash provided by operating activities to Adjusted CFFO, and net cash provided by operating activities margin as a percentage of total net revenue to Adjusted CFFO Margin, in each case, the most directly comparable financial measure calculated in accordance with generally accepted accounting principles in the United States (“GAAP”): (In thousands)    Fourth Quarter   Year Ended December 31,    2024 (1) 2023 % Change  2024 (1)  2023 % Change Net cash provided by (used in) operating activities$5,985$17,527   (65.9)%$(22,150)$62,428   (135.5)%Non-recurring expenses — 3,940 NM —  3,940 NMAdjusted CFFO$5,985$21,467 (72.1)%$(22,150)$66,368 (133.4)%              Net cash provided by (used in) operating activities$5,985$17,527 (65.9)%$(22,150)$62,428  (135.5)%Total net revenue 97,478 112,155 (13.1)% 408,701  448,182 (8.8)%Net cash provided by (used in) operating activities margin 6.1%15.6%  (5.4%) 13.9%               Adjusted CFFO$5,985$21,467 (72.1)%$(22,150)$66,368 (133.4)%Billings 55,355 93,557 (40.8)% 239,083  382,411 (37.5)%Adjusted CFFO margin 10.8%22.9%  (9.3%) 17.4%  NM: Not meaningful(1)  The fourth quarter 2024 and full year 2024 results are unaudited. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the financial position, business strategy, and the plans and objectives of management for future operations of MarketWise. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: our ability to effectuate the reverse stock split; our ability to attract new subscribers and to persuade existing subscribers to renew their subscription agreements with us and to purchase additional products and services from us; our ability to adequately market our products and services, and to develop additional products and product offerings; our ability to manage our growth effectively, including through acquisitions; failure to maintain and protect our reputation for trustworthiness and independence; our ability to attract, develop, and retain capable management, editors, and other key personnel; our ability to grow market share in our existing markets or any new markets we may enter; adverse or weakened conditions in the financial sector, global financial markets, and global economy; current macroeconomic events, including heightened inflation, rise in interest rates and the potential for an economic recession; failure to comply with laws and regulations or other regulatory action or investigations, including the Advisers Act; our ability to respond to and adapt to changes in technology and consumer behavior; failure to successfully identify and integrate acquisitions, or dispose of assets and businesses; our public securities’ potential liquidity and trading; the impact of the regulatory environment and complexities with compliance related to such environment; our future capital needs; our ability to maintain an effective system of internal control over financial reporting, and to address and remediate existing material weaknesses in our internal control over financial reporting; and other factors beyond our control. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our filings with the U.S. Securities and Exchange Commission (the “SEC”). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and we assume no obligation and do not intend to update or revise these forward- looking statements, whether as a result of new information, future events or otherwise. We do not give any assurance that we will achieve our expectations. Table 1. Income StatementYear Ended December 31, 2024(2) 2023  2022 Net revenue$405,357$443,245 $510,040 Related party revenue 3,344 4,937  2,363 Total net revenue 408,701 448,182  512,403 Operating expenses:   Cost of revenue (1) 50,663 56,802  62,697 Sales and marketing (1) 160,707 198,592  235,326 General and administrative (1) 90,712 125,176  114,810 Research and development 9,908 8,831  8,817 Depreciation and amortization 2,753 3,821  3,091 Impairment losses 4,445 2,583  — Related party expense 525 572  379 Total operating expenses 319,713 396,377  425,120 Income from operations 88,988 51,805  87,283 Other income (expense), net 2,085 (611) 15,672 Interest income (expense), net 5,288 4,904  (295)Income before income taxes 96,361 56,098  102,660 Income tax expense 3,253 1,803  1,490 Net income 93,108 54,295  101,170 Net income attributable to noncontrolling interests. 86,049 52,513  83,180 Net income attributable to MarketWise, Inc.$7,059$1,782 $17,990  (1) Cost of revenue, sales and marketing, general and administrative, and research and development expenses are exclusive of depreciation and amortization shown as a separate line item (2) The fourth quarter 2024 and full year 2024 results are unaudited Table 2. Balance Sheet         December 31, 2024(1)    December 31, 2023         Assets       Current assets: Cash and cash equivalents$97,876  $155,174 Accounts receivable 1,876   4,528 Prepaid expenses 10,051   9,305 Related party receivables 547   5,182 Deferred contract acquisition costs 57,214   91,480 Other current assets 1,269   2,172 Total current assets 168,833   267,841 Property and equipment, net 592   690 Operating lease right-of-use assets 3,182   7,331 Intangible assets, net 4,673   6,255 Goodwill 30,043   31,038 Deferred contract acquisition costs, noncurrent 42,121   73,420 Deferred tax assets 10,071   9,693 Other assets —   287 Total assets$259,515  $396,555 Liabilities and stockholders’ deficit  Current liabilities:Trade and other payables$4,011  $559 Related party payables 338   1,137 Accrued expenses 23,272   55,041 Deferred revenue and other contract liabilities 217,973   287,751 Operating lease liabilities 1,629   1,446 Other current liabilities 12,985   27,959 Total current liabilities 260,208   373,893 Deferred revenue and other contract liabilities, noncurrent 209,013   304,342 Other liabilities, noncurrent 2,811   746 Related party tax receivable agreement liability, noncurrent 2,669   2,151 Operating lease liabilities, noncurrent 2,738   4,366 Total liabilities 477,439   685,498 Commitments and Contingencies (Note 11) —   — Stockholders’ deficit  Class A common stock, par value of $0.0001 per share, 950,000,000 shares authorized; 39,562,797 and 36,384,981 shares issued and outstanding at December 31, 2024 and 2023, respectively 4   4 Class B common stock, par value of $0.0001 per share, 300,000,000 shares authorized; 279,890,147 and $288,092,303 shares issued and outstanding at December 31, 2024 and 2023, respectively 28   29 Preferred stock, par value of $0.0001 per share, 100,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2024 and 2023, respectively  —    — Additional paid-in capital 106,660   115,164 Accumulated other comprehensive income 56   65 Accumulated deficit (119,284)  (126,343)Total stockholders’ deficit attributable to MarketWise, Inc. (12,536)  (11,081)Noncontrolling interest (205,388)  (277,862)Total stockholders’ deficit (217,924)  (288,943)Total liabilities and stockholders’ deficit 259,515  $396,555  (1) The fourth quarter 2024 and full year 2024 results are unaudited Table 3. Cash Flows Year ended December 31,  2024 (1)  2023  2022 Cash flows from operating activities:   Net income$93,108 $54,295 $101,170 Adjustments to reconcile net income to net cash (used in) provided by operating activities:   Depreciation and amortization 2,753  3,821  3,091 Impairment and other charges 4,445  2,583  287 Stock-based compensation 12,202  23,384  9,045 Change in fair value of contingent consideration 507  —  — Change in fair value of derivative liabilities – other —  1,779  (15,665)Deferred taxes 2,872  1,803  1,490 Unrealized (gains) losses on foreign currency (18) 23  (97)Noncash lease expense 2,053  2,135  1,925 (Gain) loss on sale of business (2,030) 1,583  — Changes in operating assets and liabilities:   Accounts receivable 2,652  (488) 3,765 Related party receivables and payables, net 2,622  (2,284) (982)Prepaid expenses (746) 2,420  1,318 Other current assets and other assets 1,190  1,533  (543)Deferred contract acquisition costs 63,468  31,329  5,453 Trade and other payables 3,470  (200) (3,975)Accrued expenses (31,769) 9,065  (477)Deferred revenue (162,093) (67,092) (51,980)Derivative liabilities —  (3,060) — Operating lease liabilities (1,446) (1,501) (1,671)Other current and long-term liabilities (15,390) 1,300  (3,780)Net cash (used in) provided by operating activities (22,150) 62,428  48,374 Cash flows from investing activities:   Cash paid for acquisitions, net of cash acquired —  (170) (12,770)Acquisition of noncontrolling interests, including transaction costs —  —  (297)Purchases of property and equipment (133) (65) (35)Capitalized software development costs (548) (1,662) (136)Net cash used in investing activities (681) (1,897) (13,238)Cash flows from financing activities:   Proceeds from related party notes receivable —  —  1,159 Proceeds from issuance of common stock  301  678  827 Shares and restricted stock units withheld to pay taxes  (1,368) (6,032) (515)Repurchases of stock (10,803) —  (13,054)Dividends paid (1,506) (5,744) — Distributions to noncontrolling interests (21,082) (52,855) (4,609)Net cash used in financing activities (34,458) (63,953) (16,192)Effect of exchange rate changes on cash (9) 21  53 Net increase in cash, cash equivalents and restricted cash (57,298) (3,401) 18,997 Cash, cash equivalents and restricted cash — beginning of period 155,174  158,575  139,578 Cash, cash equivalents and restricted cash — end of period$97,876 $             155,174 $158,575  (1) The fourth quarter 2024 and full year results are unaudited MarketWise Investor Relations Contact Erik Mickels – Chief Financial Officer Email: ir@marketwise.com MarketWise Media Contact Email: media@marketwise.com

Stolt-Nielsen Limited Announces Intention to Relaunch Share Buy-Back Programme - ForexTV

LONDON, April 3, 2025 – Stolt-Nielsen Limited (Oslo Børs: SNI) announced today that it intends to continue the share buy-back programme announced on March 2, 2016. Under the 2016 buy-back programme, the Board of Directors had authorised the purchase of up to $30 million worth of the Company’s Common Shares, of which the Company has to date utilised $21,245,172.45, leaving $8,754,827.55 available for further purchases. To comply with the European Market Abuse Regulation, the Company has provided the following required information: the buy-back programme will commence on April 7, 2025, and will remain in effect until the earlier of (i) the acquisition of the maximum number of shares up to the remaining consideration of $8,754,827.55 as set out above, or (ii) October 2, 2025; any share repurchases from and including April 18, 2025 are subject to the renewal of the buy-back authorisation in the Annual General Meeting scheduled for April 17, 2025. The Company cannot predict how many shares will be repurchased or the timing of any shares repurchased but does not expect that it will exceed 800,000 shares. The purpose of the buy-back programme is to reduce the number of the Company’s outstanding shares and to return capital to the Company’s shareholders. The Company has engaged Fearnley Securities AS (‘Fearnley’) to facilitate the buy-back programme through open market transactions on the Oslo Børs. Fearnley will execute trades independently of, and uninfluenced by, the Company, subject to prior instructions provided by the Company in the mandate for the repurchase of shares. The actual timing, number and value of shares to be repurchased, if any, will depend on price and number of available shares in the market. The Company will publicly announce information about the transactions relating to the buy-back programme no later than by the end of the seventh trading day following the date of execution of such transactions. The aggregated form will indicate the aggregated volume and the weighted average price per day and per trading venue. The information will also be posted on the Company’s website. The programme will be executed within the limitations of the authority currently granted to the Board of Directors until April 17, 2025, as well as the authority expected to be granted to the Board of Directors by the Annual General Meeting on April 17, 2025. The programme will be completed in accordance with Regulation (EU) 2016/1052. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and article 5 of the European Market Abuse Regulation. For additional information please contact: Jens F. Grüner-HeggeChief Financial OfficerU.K. +44 (0) 20 7611 8985j.gruner-hegge@stolt.com Ellie DavisonHead of Corporate CommunicationsU.K. +44 (0) 20 7611 8926e.davison@stolt.com About Stolt-Nielsen Limited Stolt-Nielsen (SNL or the ‘Company’) is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Stolt-Nielsen portfolio consists of its three global bulk-liquid and chemicals logistics businesses – Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers – Stolt Sea Farm and various investments. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).

QuantaSing Announces Unaudited Financial Results for the Third Quarter of Fiscal Year 2025 - ForexTV

BEIJING, June 06, 2025 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading lifestyle solution provider, today announced its unaudited financial results for the third quarter of the fiscal year ending June 30, 2025 (the “third quarter of FY 2025”, which refers to the quarter from January 1, 2025 to March 31, 2025). Business and Financial Highlights for the Third Quarter of FY 2025 Revenues for the third quarter of FY 2025 were RMB570.7 million (US$78.6 million), representing a decrease of 21.5% from the second quarter of the fiscal year ending June 30, 2025 (the “second quarter of FY 2025”) and a decrease of 39.6% from the third quarter of the fiscal year ended June 30, 2024 (the “third quarter of FY 2024”).Gross billings of individual online learning services1 for the third quarter of FY 2025 were RMB515.6 million (US$71.0 million), representing a decrease of 5.6% from the second quarter of FY 2025 and a decrease of 47.5% from the third quarter of FY 2024.Net income for the third quarter of FY 2025 was RMB41.1 million (US$5.7 million), representing a decrease of 67.5% from the second quarter of FY 2025 and an increase of 181.2% from the third quarter of FY 2024.Adjusted net income2 for the third quarter of FY 2025 was RMB37.8 million (US$5.2 million), representing a decrease of 71.3% from the second quarter of FY 2025 and an increase of 18.5% from the third quarter of FY 2024.Total registered users increased by 19.9% to approximately 145.0 million as of March 31, 2025, from 121.0 million as of March 31, 2024.Paying learners was approximately 0.3 million in the third quarter of FY 2025. Company Highlight for the Third Quarter of FY 2025 Completed acquisition of 61% equity interest in Shenzhen Yiqi Culture Co., Ltd. ("Letsvan") on March 31, 2025 for a total cash consideration of RMB235.0 million through a multi-step transaction. Results of operations of Letsvan were included in consolidated financials of the Company beginning April 1, 2025. The acquired assets and liabilities of Letsvan are included at fair value in the Company’s consolidated balance sheet as of March 31, 2025. Mr. Peng Li, Chairman and Chief Executive Officer of QuantaSing, commented, “Our third quarter results reflect our strategic pivot toward product-driven business models that create long-term value. The acquisition of Letsvan marks a significant milestone in our expansion into the pop toys market, a sector with strong growth potential that perfectly aligns with our brand-first philosophy. The early success of our WAKUKU IP, including the recent Fox and Rabbit collection launch, validates our approach of pairing strong product development capabilities with efficient go-to-market strategies. As we integrate Letsvan's operations, we're applying our test-and-scale methodology to build a global presence in this resilient market segment. We aim to create businesses where brand strength and product excellence drive sustainable growth, rather than simply pursuing traffic-driven metrics.” Mr. Dong Xie, Chief Financial Officer of QuantaSing, added, “Our financial performance this quarter underscores our commitment to disciplined capital allocation during this transformation phase. While revenue moderated to RMB570.7 million as we shifted resources away from traffic-driven businesses, we've maintained strong cash generation across our businesses. Our ROI-focused assessment methodology has allowed us to exit underperforming areas while preserving resources for high-potential opportunities. With our healthy cash position, we have the flexibility to support both our existing operations and our strategic initiatives in the pop toys space. Though we anticipate some near-term profitability fluctuations as we optimize our business mix, our financial foundation remains robust as we execute this strategic evolution.” Financial Results for the Third Quarter of FY 2025 Revenues Revenues were RMB570.7 million (US$78.6 million) in the third quarter of FY 2025, compared to RMB945.6 million in the third quarter of FY 2024. The change reflects the Company's deliberate shift from traffic-driven growth to high-quality growth. Revenues from individual online learning services decreased by 43.6% year over year to RMB467.2 million (US$64.4 million) in the third quarter of FY 2025, from RMB828.1 million in the third quarter of FY 2024. This decrease was primarily due to a decrease of RMB268.3 million (US$37.0 million) in revenues from skills upgrading courses, a decline of RMB74.1 million (US$10.2 million) in revenues from financial literacy courses and a decline of RMB18.5 million (US$2.5 million) in revenues from recreation and leisure courses.Revenues from enterprise services were RMB48.1 million (US$6.6 million) in the third quarter of FY 2025, compared to RMB65.1 million in the third quarter of FY 2024, representing a year-over-year change of 26.1%. The decline was primarily driven by reduced marketing services to enterprise customers.Revenues from consumer business3 were RMB48.7 million (US$6.7 million) in the third quarter of FY 2025, compared to RMB49.4 million in the third quarter of FY 2024. The slight change was primarily attributable to the decline in baijiu revenue, partially offset by the modest increase in wellness products revenue.Revenues from others3 were RMB6.7 million (US$0.9 million) in the third quarter of FY 2025, compared to RMB3.0 million in the third quarter of FY 2024, primarily due to revenue from the Company’s newly initiated business. Cost of revenues Cost of revenues was RMB96.6 million (US$13.3 million) in the third quarter of FY 2025, compared to RMB145.8 million in the third quarter of FY 2024, representing a 33.8% decrease. The decrease was primarily due to reduced labor outsourcing costs of RMB22.1 million (US$3.1 million), decreased procurement costs of RMB9.6 million (US$1.3 million) and lower staff costs of RMB5.1 million (US$0.7 million). Sales and marketing expenses Sales and marketing expenses were RMB395.2 million (US$54.5 million) in the third quarter of FY 2025, compared to RMB729.6 million in the third quarter of FY 2024, representing a decrease of 45.8%. The decrease was mainly due to a reduction in marketing and promotion expenses of RMB265.1 million (US$36.5 million), labor outsourcing costs of RMB46.4 million (US$6.4 million), and staff costs of RMB7.9 million (US$1.1 million), which included a decrease in share-based compensation expenses of RMB2.1 million (US$0.3 million). Research and development expenses Research and development expenses were RMB20.9 million (US$2.9 million) in the third quarter of FY 2025, compared to RMB38.8 million in the third quarter of FY 2024, representing a decrease of 46.2%. The decrease was primarily due to lower staff costs of RMB16.0 million (US$2.2 million). General and administrative expenses General and administrative expenses were RMB25.0 million (US$3.5 million) in the third quarter of FY 2025, compared to RMB36.4 million in the third quarter of FY 2024, representing a decrease of 31.2%. The decrease was primarily due to lower staff costs of RMB8.0 million (US$1.1 million), which included a decrease in share-based compensation expenses of RMB5.5 million (US$0.8 million). Remeasurement gain of previously held equity interests in connection with step acquisitions Remeasurement gain of previously held equity interests in connection with step acquisitions were RMB8.1 million (US$1.1 million) in the third quarter of FY 2025, reflecting the fair value adjustment of initial investments in Letsvan before obtaining control. Details of the acquisition can be found in the Recent Developments section of this report. Others, net Others, net were RMB15.4 million (US$2.1 million) in the third quarter of FY 2025, compared to RMB7.7 million in the third quarter of FY 2024, primarily driven by the increased fair value gains in one of the Company’s long-term investments. Net income and adjusted net income Net income was RMB41.1 million (US$5.7 million) in the third quarter of FY 2025, compared to RMB14.6 million in the third quarter of FY 2024. Adjusted net income was RMB37.8 million (US$5.2 million) in the third quarter of FY 2025, compared to RMB31.9 million in the third quarter of FY 2024. Earnings per share and adjusted earnings per share4 Basic and diluted net income per share were both RMB0.25 (US$0.03) in the third quarter of FY 2025, compared to basic and diluted net income per share of RMB0.09 in the third quarter of FY 2024. Basic and diluted adjusted net income per share were RMB0.23 (US$0.03), in the third quarter of FY 2025, compared to RMB0.19 in the third quarter of FY 2024. Balance Sheet As of March 31, 2025, the Company had cash and cash equivalents, restricted cash and short-term investments of RMB1,134.9 million (US$156.4 million), compared with RMB1,026.3 million as of June 30, 2024. Recent Developments Investments in Letsvan On March 24, 2025, the Company announced that it entered into definitive agreements to invest in Shenzhen Yiqi Culture Co., Ltd., a PRC-based company specializing in IP incubation, copyright commercialization, and the promotion and sales of pop toys. The transaction marks the Company's strategic entry into the pop toys market and broader consumer goods sector. Upon the completion of the investments in March 2025, Letsvan became a controlled subsidiary of the Company. Letsvan currently operates a number of established IPs, including "WAKUKU", "ZIYULI", "FUNII", "FIILA" and "PIDOL", with distribution channels spanning both online and offline platforms across China and Southeast Asian markets. Letsvan’s current growth strategy encompasses three key areas: strengthening collaborations with major retail partners to enhance IP influence and expand sales, developing self-operated retail locations including a recently opened pop-up store at Chaoyang Joy City in Beijing, and building comprehensive online brand and sales capabilities. International expansion initiatives are underway. Letsvan has already established its footprints in certain Southeast Asian markets and has been exploring opportunities in other overseas markets including the United States. With respect to IPs, Letsvan continues to strengthen internal product incubation and operational capabilities, partner with third-party artists, and collaborate with established IPs to diversify its product portfolio. Recent product launches include the "WAKUKU Fox and Bunny Trick or Treat", which commenced offline distribution on May 17, 2025, followed by online channel availability on May 20, 2025. The Beijing Chaoyang Joy City pop-up store launch has generated favorable user response and increased product visibility in the market. 2024 Share Repurchase Program On June 11, 2024, the Company announced that the Board had approved a share repurchase program of up to US$20.0 million of the Company’s Class A ordinary shares in the form of ADSs for a 12-month period beginning on June 11, 2024 and ending on June 10, 2025 (the “2024 Share Repurchase Program”). As of March 31, 2025, a total of 1.7 million ADSs had been repurchased for an aggregate consideration of US$3.6 million under the 2024 Share Repurchase Program. 2025 Share Repurchase Program On June 6, 2025, the Company announced that the Board had approved a new share repurchase program of up to US$20.0 million of the Company’s Class A ordinary shares in the form of ADSs for a purchase period beginning from June 11, 2025 and ending on June 30, 2026 (the “2025 Share Repurchase Program”). Repurchases under the 2025 Share Repurchase Program may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means. The repurchases will be subject to all applicable rules and regulations, including Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, as well as the Company’s insider trading policy. The number of ADSs repurchased and the timing of repurchases will also depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with the Company’s working capital requirements, general business conditions and other factors. The Board will review the 2025 Share Repurchase Program periodically, and may authorize adjustment of its terms and size or suspend or discontinue the program. The Company plans to fund the repurchases from its existing cash balance. Conference Call Information The Company's management team will hold an earnings conference call at 07:00 A.M. Eastern Time on Friday, June 6, 2025 (07:00 P.M. Beijing Time on the same day) to discuss the financial results. Listeners may access the call by dialing the following numbers: International: 1-412-902-4272United States Toll Free: 1-888-346-8982Mainland China Toll Free: 4001-201203Hong Kong Toll Free: 800-905945Conference ID: QuantaSing Group Limited    The replay will be accessible through June 13, 2025 by dialing the following numbers: International: 1-412-317-0088United States Toll Free: 1-877-344-7529Replay Access Code: 3611954    A live and archived webcast of the conference call will be available at the Company's investor relations website at https://ir.quantasing.com. Non-GAAP Financial Measures To supplement the Company’s consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, the Company uses gross billings of individual online learning services, adjusted net income and basic and diluted adjusted net income per share as its non-GAAP financial measures. Gross billings of individual online learning services for a specific period represents revenues of the Company’s individual online learning services net of the changes in deferred revenues in such period, further adjusted by value-added tax in such period. Adjusted net income represents net income excluding share-based compensation expenses and remeasurement gain of previously held equity interests inconnection with step acquisitions. Basic and diluted adjusted net income per share represents adjusted net income attributable to QuantaSing Group Limited divided by weighted average number of ordinary shares outstanding during the periods used in computing adjusted net income per share, basic and diluted. The Company believes that the non-GAAP financial measures provide useful information about the Company's results of operations, enhance the overall understanding of the Company's past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company's management in its financial and operational decision-making. The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools, and when assessing the Company's operating performance, investors should not consider them in isolation, or as a substitute for revenue, net income, net income per share, basic and diluted or other consolidated statements of operations data prepared in accordance with U.S. GAAP. The Company's definition of non-GAAP financial measures may differ from those of industry peers and may not be comparable with their non-GAAP financial measures. The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company's performance. For more information on these non-GAAP financial measures, please see the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” near the end of this release. Exchange Rate Information This announcement contains translations of certain Renminbi (“RMB”) amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from Renminbi to U.S. dollars were made at the rate of RMB7.2567 to US$1.00, the exchange rate on March 31, 2025, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the Renminbi or U.S. dollars amounts referred to could be converted into U.S. dollars or Renminbi, as the case may be, at any particular rate or at all. Safe Harbor Statements This announcement contains forward-looking statements within the meaning of Section 27A of Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1955. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding QuantaSing’s financial outlook, beliefs and expectations. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases, and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to attract and retain new users and learners and to increase the spending and revenues generated from users and learners; its ability to maintain and enhance the recognition and reputation of its brand; its expectations regarding demand for and market acceptance of its services and products; the expected growth, trends and competition in the markets that the Company operates in; changes in its revenues and certain cost or expense items; PRC governmental policies and regulations relating to the Company’s business and industry, general economic and political conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC, including, without limitation, the final prospectus related to the IPO filed with the SEC dated January 24, 2023. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof. About QuantaSing Group Limited QuantaSing is a leading lifestyle solution provider that offers engaging, affordable and accessible online and offline services, as well as consumer products in selected areas that address senior users' wellness aspirations. QuantaSing has expanded into the pop toys sector and continues to strategically diversify its portfolio by capturing opportunities in promising consumer sectors while maintaining financial discipline. For more information, please visit: https://ir.quantasing.com. Contact Investor RelationsLeah GuoQuantaSing Group LimitedEmail: ir@quantasing.comTel: +86 (10) 6493-7857 Robin Yang, PartnerICR, LLCEmail: QuantaSing.IR@icrinc.comPhone: +1 (212) 537-0429 _________________________________1 Gross billings of individual online learning services is a non-GAAP financial measure. For a reconciliation of revenues of individual online learning services to gross billings of individual online learning services, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.2 Adjusted net income is a non-GAAP financial measure. For a reconciliation of net income to adjusted net income, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.3 Effective from the fourth quarter of FY 2024, the Company has introduced “Revenues from Consumer Business” as a separate line item. This revenue was previously included in “Revenues from Others”. The historical revenues presentation has been conformed to the current presentation.4 Basic and diluted adjusted net income per share are non-GAAP financial measures. For a reconciliation of basic and diluted net income per share to basic and diluted adjusted net income per share, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below. QUANTASING GROUP LIMITEDUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(Amounts in thousands, except for share and per share data)  As of June 30,2024 March 31,2025 March 31,2025 RMB RMB US$      ASSETS     Current assets:     Cash and cash equivalents779,931 985,677 135,830Restricted cash160 675 93Short-term investments246,195 148,532 20,468Accounts receivable, net16,676 37,392 5,153Amounts due from related parties4,488 489 67Inventory, net6,345 28,120 3,875Prepayments and other current assets275,549 173,582 23,920Total current assets1,329,344 1,374,467 189,406      Non-current assets:     Property and equipment, net6,569 11,571 1,595Long-term investments9,010 44,428 6,122Intangible assets, net- 68,973 9,505Operating lease right-of-use assets58,889 29,479 4,062Deferred tax assets847 914 126Goodwill- 187,598 25,852Other non-current assets21,360 5,177 713Total non-current assets96,675 348,140 47,975TOTAL ASSETS1,426,019 1,722,607 237,381      LIABILITIES     Current liabilities:     Short-term Borrowings- 14,500 1,998Accounts payables62,066 55,219 7,609Accrued expenses and other current liabilities190,508 186,084 25,643Income tax payable20,399 53,565 7,381Contract liabilities, current portion385,227 310,189 42,745Advance from customers162,257 148,332 20,441Operating lease liabilities, current portion49,099 30,837 4,249Total current liabilities869,556 798,726 110,066      Non-current liabilities:     Contract liabilities, non-current portion11,365 33,495 4,616Operating lease liabilities, non-current portion16,989 3,123 430Deferred tax liabilities11,625 42,269 5,825Total non-current liabilities39,979 78,887 10,871TOTAL LIABILITIES909,535 877,613 120,937       QUANTASING GROUP LIMITEDUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS- continued(Amounts in thousands, except for share and per share data)  As of June 30,2024 March 31,2025 March 31,2025 RMB RMB US$      MEZZANINE EQUITY     Non-controlling interests with liquidation preferences-  40,999  5,650       SHAREHOLDERS’ EQUITY     Class A ordinary shares81  81  11 Class B ordinary shares34  34  5 Treasury stock(109,257) (41,898) (5,774)Additional paid-in capital1,192,474  1,069,620  147,398 Accumulated other comprehensive income17,313  18,491  2,548 Accumulative deficit(584,161) (335,573) (46,243)TOTAL QUANTASING GROUP LIMITED SHAREHOLDERS’ EQUITY516,484  710,755  97,945 Non-controlling interests-  93,240  12,849 TOTAL SHAREHOLDERS’ EQUITY516,484  803,995  110,794 TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY1,426,019  1,722,607  237,381           QUANTASING GROUP LIMITEDUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(Amounts in thousands, except for shares and per share data)     For the Three MonthsEnded March 31, For the Nine MonthsEnded March 31, 2024  2025  2025  2024  2025  2025  RMB  RMB  US$  RMB  RMB  US$             Revenues945,570  570,706  78,645  2,795,248  2,107,757  290,457 Cost of revenues(145,848) (96,556) (13,306) (409,058) (353,516) (48,716)            Gross Profit799,722  474,150  65,339  2,386,190  1,754,241  241,741             Operating expenses:           Sales and marketing expenses(729,620) (395,175) (54,457) (2,006,884) (1,317,206) (181,516)Research and development expenses(38,840) (20,891) (2,879) (123,655) (77,325) (10,656)General and administrative expenses(36,390) (25,049) (3,452) (114,211) (86,194) (11,878)Total operating expenses(804,850) (441,115) (60,788) (2,244,750) (1,480,725) (204,050)            (Loss)/Income from operations(5,128) 33,035  4,551  141,440  273,516  37,691             Other income:           Interest income2,513  880  121  8,369  4,040  557 Remeasurement gain of previously held equity interests in connection with step acquisitions-  8,109  1,117  -  8,109  1,117 Others, net7,685  15,400  2,122  22,163  31,418  4,330             Income before income tax5,070  57,424  7,911  171,972  317,083  43,695 Income tax benefit/(expense)9,560  (16,280) (2,243) 16,948  (68,495) (9,439)            Net income14,630  41,144  5,668  188,920  248,588  34,256 Net loss attributable to noncontrolling interests-  1  -  -  1  - Net income attributable to QuantaSing Group Limited14,630  41,145  5,668  188,920  248,589  34,256             Other comprehensive income/(loss)           Foreign currency translation adjustments, net of nil tax423  (289) (40) (4,954) 1,178  162 Total other comprehensive income/(loss)423  (289) (40) (4,954) 1,178  162             Total comprehensive income15,053  40,855  5,628  183,966  249,766  34,418 Total comprehensive loss attributable to noncontrolling interests-  1  -  -  1  - Comprehensive income attributable to QuantaSing Group Limited15,053  40,856  5,628  183,966  249,767  34,418             Net income per ordinary share           - Basic0.09  0.25  0.03  1.14  1.55  0.21 - Diluted0.09  0.25  0.03  1.10  1.52  0.21 Weighted average number of ordinary shares used in computing net income per share           - Basic164,753,256  162,791,862  162,791,862  166,399,349  160,479,027  160,479,027 - Diluted170,890,581  165,216,173  165,216,173  171,089,530  163,949,787  163,949,787 Share-based compensation expenses included in           Cost of revenues(2,878) (1,431) (197) (9,945) (5,214) (719)Sales and marketing expenses(2,779) (642) (88) 8,678  (1,540) (212)Research and development expenses(3,599) (167) (23) (10,611) (2,474) (341)General and administrative expenses(8,039) (2,571) (354) (28,961) (8,073) (1,112)                   QUANTASING GROUP LIMITEDUNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS(Amounts in thousands, except for shares and per share data) The following table below sets forth a reconciliation of revenues to gross billings for the periods indicated:  For the Three MonthsEnded March 31, For the Nine MonthsEnded March 31, 2024  2025  2025  2024  2025  2025  RMB  RMB  US$  RMB  RMB  US$             Revenues of individual online learning services:828,127  467,247  64,388  2,457,588  1,777,552  244,953 Add: value-added tax52,986  27,919  3,847  147,665  101,969  14,052 Add: ending deferred revenues(1)744,320  461,026  63,531  744,320  461,026  63,531 Less: beginning deferred revenues(1)(643,929) (440,632) (60,721) (661,360) (565,030) (77,863)​           Gross billings of individual online learning services981,504  515,560  71,045  2,688,213  1,775,517  244,673  (1) Deferred revenues include contract liabilities, advance from customers, and refund liability of individual online learning services included in “accrued expenses and other current liabilities”.  QUANTASING GROUP LIMITEDUNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS - continued(Amounts in thousands, except for shares and per share data) The following table below sets forth a reconciliation of net income to adjusted net income and basic and diluted net income per share to basic and diluted adjusted net income per share for the periods indicated:  For the Three MonthsEnded March 31, For Nine MonthsEnded March 31, 2024 2025  2025  2024 2025  2025  RMB RMB  US$  RMB RMB   US$             Net income14,630 41,144  5,668  188,920 248,588  34,256 Add: Share-based compensation expenses17,295 4,811  662  40,839 17,301  2,384 Less: Remeasurement gain of previously held equity interests in connection with step acquisitions- (8,109) (1,117) - (8,109) (1,117)​           Adjusted net income31,925 37,846  5,213  229,759 257,780  35,523 Attributable to noncontrolling interests- 1  -  - 1  - Adjusted net income attributable to QuantaSing Group Limited31,925 37,847  5,213  229,759 257,781  35,523             Weighted average number of ordinary shares used in computing net income per share           - Basic164,753,256 162,791,862  162,791,862  166,399,349 160,479,027 160,479,027 - Diluted170,890,581 165,216,173  165,216,173  171,089,530 163,949,787 163,949,787 Weighted average number of ordinary shares used in computing adjusted net income per share           - Basic164,753,256 162,791,862  162,791,862  166,399,349 160,479,027 160,479,027 - Diluted170,890,581 165,216,173  165,216,173  171,089,530 163,949,787 163,949,787             Net income per ordinary share           - Basic0.09 0.25  0.03  1.14 1.55 0.21 - Diluted0.09 0.25  0.03  1.10 1.52 0.21 Non-GAAP adjustments to net income per ordinary share           - Basic0.10 (0.02) 0.00  0.24 0.06 0.01 - Diluted0.10 (0.02) 0.00  0.24 0.05 0.01 Adjusted net income per ordinary share           - Basic0.19 0.23  0.03  1.38 1.61 0.22 - Diluted0.19 0.23  0.03  1.34 1.57 0.22