iHuman (IH) Stock: Why It Fell Over 8% Today

By Amit Chowdhry ● Sep 22, 2022
  • The stock price of iHuman (IH) fell by over 8% intraday today. This is why.

The stock price of iHuman (IH) fell by over 8% intraday today. 

Why: Q2 2022 results

Q2 2022 results:

— Revenues were RMB230.6 million (US$34.4 million).

— Gross profit was RMB163.2 million (US$24.4 million).

— Operating income was RMB22.6 million (US$3.4 million), a remarkable turnaround compared with an operating loss of RMB3.5 million in the same period last year.

— Adjusted operating income was RMB24.6 million (US$3.7 million), a significant increase compared with RMB0.8 million in the same period last year.

— Net income was RMB21.8 million (US$3.3 million), a significant increase compared with RMB1.9 million in the same period last year.

— Adjusted net income was RMB23.8 million (US$3.6 million), a significant increase compared with RMB6.1 million in the same period last year.

— Average total MAUs for the quarter were 18.20 million, a year-over-year increase of 17.6%.