厦门2021年11月10日 /美通社/ -- 中国嘻哈潮流公司普普文化集团有限公司（“普普文化”或“公司”）（纳斯达克股票代码：CPOP）今天宣布其截至于2021年6月30日的2021财年业绩。
普普文化董事长及首席执行黄卓勤先生表示：“尽管新冠疫情对我们的部分业务造成了短期的影响，但2021财年我们仍保持了强劲的上升趋势。我们在 2021 财年的收入为2,550 万美元，较2020财年的1,570万美元同比增长了63%。作为一家从事嘻哈潮流业务的上市公司，我们的知识产权内容（‘IP内容’）是我们财务快速增长的关键驱动力。我们在2021财年的活动主办收入为 1,500万美元，较2020财年的760万美元同比增长96%。同时，归属于公司股东的净利润为430万美元，较2020财年的240万美元增长了75%。我们在2021财年的毛利率和营业利润率分别为28%和23%，较2020财年的29%和20%相比趋于平稳。”
黄先生继续说道，“我们很欣喜地看到普普文化在2021财年取得了如此出色的成绩，也十分感谢客户及合作伙伴对我们的认可和支持。未来，我们将持续专注于中国潮流文化内容运营和文化推广。普普文化确定了新的五年战略方针，即公司将继续以‘IP内容’为业务核心，利用大数据和资本市场优势，力争三大业务群实现持续高速增长，以成为行业龙头为目标。”
截至6月30日财年 |
|||||
（除每股收益之外，其余的数额均为百万美元） |
2021 |
2020 |
% 变动百分比 |
||
收入 |
25.5 |
15.7 |
63% |
||
活动主办 |
15.0 |
7.6 |
96% |
||
活动策划及执行 |
9.2 |
5.5 |
67% |
||
品牌推广 |
0.8 |
2.2 |
-67% |
||
其他服务 |
0.6 |
0.3 |
87% |
||
毛利润 |
7.2 |
4.5 |
59% |
||
毛利率 |
28% |
29% |
-1pp* |
||
营业利润 |
5.8 |
3.2 |
84% |
||
营业利润率 |
23% |
20% |
3pp* |
||
净利润 |
4.3 |
2.6 |
63% |
||
归属于公司股东的净利润 |
4.3 |
2.4 |
75% |
||
每股收益 |
0.25 |
0.16 |
56% |
||
*注：pp代表百分点 |
|||||
2021财年财务亮点
2021财年运营亮点
2021财年财务业绩
收入
2021财年的收入为2,550万美元，较2020财年的1,570万美元增长980万美元，同比增长63%。
2021财年的活动主办收入为1,500万美元，较2020财年的760万美元增长740万美元，同比增长96%。主要是由于公司现场活动（舞蹈比赛、音乐节和推广活动）数量的增加和平均赞助费的增加，以及新的在线嘻哈业务带来的额外收入，这吸引了更多的赞助商在在线嘻哈视频中宣传他们的品牌。
2021财年的活动策划和执行收入为920万美元，较2020财年的550万美元增长370万美元，同比增长67%。主要由于公司承办的活动数量和规模增加。
2021财年的品牌推广收入为80万美元，较2020财年的220万美元下降140万美元，同比下降67%。主要由于广告或营销活动的需求低迷。
2021财年其他服务的收入为60万美元，较2020财年的30万美元增长30万美元，同比增长 87%。
收入成本
2021财年的收入成本为1,830万美元，较2020财年的1,120万美元增长710万美元，同比增长64%，收入成本的增长与收入的增长成正比。
毛利润及毛利率
2021财年的毛利润为720万美元，较2020财年的450万美元增长270万美元，同比增长59%。2021财年的毛利率为28%，较2020财年的29%略微下降了1个百分点，主要是由于毛利率较高的品牌推广业务减少。
营业费用
2021财年的营业费用为1,392,137美元，较2020财年的1,367,086美元小幅增长 25,051 美元，同比增长2%。
2021财年的销售费用为133,387美元，较2020财年的110,132美元增长23,255美元，同比增长21%。主要由于广告费用增加了20,880美元以促进公司在线业务发展。
2021财年的管理费用为1,258,750美元，较2020财年的1,256,954美元增长1,796美元。主要由于各种项目略有增加，包括员工工资和商务招待费用。
所得税费用
2021财年和2020财年的所得税费用分别为140万美元和50万美元。主要由于截至2021年6月30日止2021财年的应税收入增加所致。
净利润
2021财年的净利润为430万美元，较2020财年的260万美元增长63%。2021财年的归属于公司股东的净利润为430万美元，较2020财年的240万美元增长75%。
每股基本和摊薄收益
2021财年的基本和摊薄每股收益为0.25美元，2020财年的基本和摊薄每股收益为0.16美元。
现金流
2021财年用于经营活动的净现金流出为400万美元，2020财年为260万美元。2021财年无投资活动，2020财年投资活动产生的净现金流入为3,261美元。2021财年财务活动产生的净现金流入为400万美元，2020财年为330万美元。
资产负债表
截至2021年6月30日，公司拥有现金130万美元，截至2020年6月30日为140万美元。
关于普普文化集团有限公司
普普文化集团有限公司总部位于中国厦门，是一家嘻哈潮流公司。公司致力于推广嘻哈潮流及其爱、和平、团结、尊重、欢乐的价值观，促进中美之间嘻哈文化交流。公司以嘻哈文化价值观为核心，以年轻一代为主要目标受众，举办娱乐活动，运营嘻哈相关的在线节目，为企业客户提供活动策划与执行服务以及营销服务。公司近年来专注于发展和举办自己的嘻哈活动。欲了解更多信息，请访问公司网站：http://ir.popinter.cn/。
前瞻性声明
本公告中的某些陈述是前瞻性陈述。这些前瞻性陈述涉及已知和未知的风险和不确定性，包括新冠病毒或其新变种的进一步传播，或另一波病例的发生及其可能对公司运营和需求的影响公司的服务，并基于对公司认为可能影响其财务状况、经营业绩、业务战略和财务需求的未来事件和财务趋势的当前预期和预测。投资者可以通过诸如“可能”、“将”、“预期”、“目标”、“估计”、“打算”、“计划”、“潜在”、“继续”、“是”、“可能会”、“相信”等词语或短语来识别这些前瞻性陈述。除非法律要求，否则本公司不承担更新前瞻性陈述以反映随后发生的事件或情况或其预期变化的义务。尽管本公司认为这些前瞻性陈述中表达的预期是合理的，但它不能向您保证这些预期会是正确的，并且本公司提醒投资者实际结果可能与预期结果存在重大差异，并鼓励投资者在公司的注册声明和向美国证券交易委员会提交的其他文件中审查可能影响其未来业绩的其他因素。
详情请垂询:
普普文化
投资者关系
邮箱: ir@520pop.com
埃森德投资者关系
Tina Xiao
总裁
电话: 917-609-0333
邮箱: tina.xiao@ascent-ir.com
POP CULTURE GROUP CO., LTD |
||||||||
CONSOLIDATED BALANCE SHEETS |
||||||||
(In U.S. dollars, except share data) |
||||||||
As of June 30, |
||||||||
2020 |
2021 |
|||||||
ASSETS |
||||||||
CURRENT ASSETS: |
||||||||
Cash |
$ |
1,359,137 |
$ |
1,319,977 |
||||
Accounts receivable, net |
14,810,146 |
25,537,236 |
||||||
Advance to suppliers |
3,176,527 |
1,999,876 |
||||||
Prepaid expenses and other current assets |
1,177,947 |
3,553,028 |
||||||
TOTAL CURRENT ASSETS |
20,523,757 |
32,410,117 |
||||||
Property and equipment, net |
71,281 |
48,393 |
||||||
Intangible asset, net |
1,695,215 |
1,635,321 |
||||||
Operating right-of-use asset |
278,260 |
194,747 |
||||||
Deferred tax assets |
83,795 |
140,757 |
||||||
Other non-current assets |
251,464 |
- |
||||||
TOTAL ASSETS |
$ |
22,903,772 |
$ |
34,429,335 |
||||
LIABILITIES AND SHAREHOLDERS’ EQUITY |
||||||||
CURRENT LIABILITIES: |
||||||||
Short-term bank loans |
$ |
1,838,833 |
$ |
5,140,990 |
||||
Accounts payable |
2,795,508 |
1,900,883 |
||||||
Deferred revenue |
1,764,608 |
1,648,847 |
||||||
Taxes payable |
2,374,093 |
4,232,391 |
||||||
Due to a related party |
- |
225,000 |
||||||
Accrued liabilities and other payables |
119,573 |
77,567 |
||||||
Operating lease liability - current |
96,357 |
98,427 |
||||||
TOTAL CURRENT LIABILITIES |
8,988,972 |
13,324,105 |
||||||
Long-term bank loans |
- |
1,672,370 |
||||||
Operating lease liability - non-current |
189,994 |
104,755 |
||||||
TOTAL LIABILITIES |
9,178,966 |
15,101,230 |
||||||
Commitments and contingencies |
||||||||
SHAREHOLDERS’ EQUITY |
||||||||
Ordinary shares (par value $0.001 per share; 44,000,000 Class A ordinary shares |
16,785 |
17,850 |
||||||
Subscription receivable |
(15,441) |
(15,441) |
||||||
Additional paid-in capital |
5,813,745 |
6,643,118 |
||||||
Statutory reserve |
779,094 |
1,241,573 |
||||||
Retained earnings |
6,693,120 |
10,498,183 |
||||||
Accumulated other comprehensive (loss) income |
(367,581) |
942,822 |
||||||
TOTAL POP CULTURE GROUP CO., LTD SHAREHOLDERS’ EQUITY |
12,919,722 |
19,328,105 |
||||||
Non-controlling interests |
805,084 |
- |
||||||
TOTAL SHAREHOLDERS’ EQUITY |
13,724,806 |
19,328,105 |
||||||
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY |
$ |
22,903,772 |
$ |
34,429,335 |
||||
POP CULTURE GROUP CO., LTD |
||||||||||||
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME |
||||||||||||
(In U.S. dollars, except share data) |
||||||||||||
For the years ended June 30, |
||||||||||||
2019 |
2020 |
2021 |
||||||||||
REVENUE, NET |
$ |
19,031,766 |
$ |
15,688,080 |
$ |
25,526,557 |
||||||
Cost of revenue |
13,158,537 |
11,158,847 |
18,302,494 |
|||||||||
GROSS PROFIT |
5,873,229 |
4,529,233 |
7,224,063 |
|||||||||
Selling and marketing |
133,332 |
110,132 |
133,387 |
|||||||||
General and administrative |
492,733 |
1,256,954 |
1,258,750 |
|||||||||
Total operating expenses |
626,065 |
1,367,086 |
1,392,137 |
|||||||||
INCOME FROM OPERATIONS |
5,247,164 |
3,162,147 |
5,831,926 |
|||||||||
Other (expenses) income: |
||||||||||||
Interest expenses, net |
(123,833) |
(125,560) |
(243,458) |
|||||||||
Other (expenses) income, net |
(2,591) |
46,235 |
95,946 |
|||||||||
Total other expenses, net |
(126,424) |
(79,325) |
(147,512) |
|||||||||
INCOME BEFORE INCOME TAX PROVISION |
5,120,740 |
3,082,822 |
5,684,414 |
|||||||||
PROVISION FOR INCOME TAXES |
1,288,982 |
457,005 |
1,416,872 |
|||||||||
NET INCOME |
3,831,758 |
2,625,817 |
4,267,542 |
|||||||||
Less: net income attributable to non-controlling interests |
247,244 |
189,996 |
- |
|||||||||
NET INCOME ATTRIBUTABLE TO POP CULTURE GROUP |
3,584,514 |
2,435,821 |
4,267,542 |
|||||||||
Other comprehensive (loss) income: |
||||||||||||
Foreign currency translation adjustment |
(162,850) |
(241,839) |
1,335,757 |
|||||||||
COMPREHENSIVE INCOME |
3,668,908 |
2,383,978 |
5,603,299 |
|||||||||
Less: comprehensive income attributable to non-controlling interest |
236,737 |
174,392 |
- |
|||||||||
COMPREHENSIVE INCOME ATTRIBUTABLE TO POP |
$ |
3,432,171 |
$ |
2,209,586 |
$ |
5,603,299 |
||||||
Net income per share |
||||||||||||
Basic and diluted |
$ |
0.27 |
$ |
0.16 |
$ |
0.25 |
||||||
Weighted average shares used in calculating net income per share * |
||||||||||||
Basic and diluted |
13,425,911 |
14,881,478 |
17,228,698 |
|||||||||
POP CULTURE GROUP CO., LTD |
||||||||||||
CONSOLIDATED STATEMENTS OF CASH FLOWS |
||||||||||||
(In U.S. dollars) |
||||||||||||
For the years ended June 30, |
||||||||||||
2019 |
2020 |
2021 |
||||||||||
Cash flows from operating activities: |
||||||||||||
Net Income |
$ |
3,831,758 |
$ |
2,625,817 |
$ |
4,267,542 |
||||||
Adjustments to reconcile net income to net cash provided by (used in) |
||||||||||||
Allowance for doubtful accounts |
24,227 |
324,345 |
195,187 |
|||||||||
Depreciation and amortization |
159,352 |
233,353 |
243,905 |
|||||||||
Deferred tax benefit |
(8,053) |
(84,246) |
(47,802) |
|||||||||
Non-cash lease expense |
86,047 |
89,977 |
107,139 |
|||||||||
Loss from disposal of property and equipment |
21,596 |
19,300 |
- |
|||||||||
Changes in assets and liabilities: |
||||||||||||
Accounts receivable |
(6,123,120) |
(5,672,992) |
(9,259,862) |
|||||||||
Advance to suppliers |
(630,184) |
(2,531,334) |
1,440,794 |
|||||||||
Amounts due from related parties |
(158,279) |
153,586 |
- |
|||||||||
Prepaid expenses and other current assets |
395,198 |
(44,002) |
(1,504,345) |
|||||||||
Other non-current assets |
- |
(252,816) |
268,433 |
|||||||||
Accounts payable |
2,166,329 |
49,588 |
(1,130,593) |
|||||||||
Deferred revenue |
(247,929) |
1,762,730 |
(275,888) |
|||||||||
Taxes payable |
1,376,248 |
721,743 |
1,592,715 |
|||||||||
Accrued liabilities and other payables |
14,057 |
54,234 |
(52,007) |
|||||||||
Due to a related party |
- |
- |
225,000 |
|||||||||
Operating lease liability |
(86,047) |
(54,112) |
(107,550) |
|||||||||
Net cash provided by (used in) operating activities |
821,200 |
(2,604,829) |
(4,037,332) |
|||||||||
CASH FLOWS FROM INVESTING ACTIVITIES: |
||||||||||||
Purchase of property and equipment |
(11,436) |
(1,716) |
- |
|||||||||
Proceed from disposal of property and equipment |
20,957 |
4,977 |
- |
|||||||||
Purchase of intangible asset |
(2,086,819) |
- |
- |
|||||||||
Net cash (used in) provided by investing activities |
(2,077,298) |
3,261 |
- |
|||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: |
||||||||||||
Proceeds from short-term bank loans |
1,905,209 |
1,838,833 |
6,341,729 |
|||||||||
Repayments of short-term bank loans |
(316,930) |
(1,981,799) |
(3,472,851) |
|||||||||
Proceeds from long-term bank loans |
- |
-- |
1,811,922 |
|||||||||
Repayments of long-term bank loans |
(89,195) |
- |
- |
|||||||||
Proceeds from issuance of shares |
- |
3,817,842 |
- |
|||||||||
Payment for deferred offering costs |
- |
(409,743) |
(729,977) |
|||||||||
Net cash provided by financing activities |
1,499,084 |
3,265,133 |
3,950,823 |
|||||||||
Effect of exchange rate changes |
(16,984) |
40,083 |
47,349 |
|||||||||
Net increase (decrease) in cash |
226,002 |
703,648 |
(39,160) |
|||||||||
Cash at beginning of year |
429,487 |
655,489 |
1,359,137 |
|||||||||
Cash at end of year |
$ |
655,489 |
$ |
1,359,137 |
$ |
1,319,977 |
||||||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: |
||||||||||||
Income tax paid |
$ |
45,805 |
$ |
17,408 |
$ |
34,765 |
||||||
Interest expense paid |
$ |
122,153 |
$ |
126,095 |
$ |
235,361 |
||||||
