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Hello reader,
The business end of the NBA Playoffs is about to tip off, and my team, the Dallas Mavericks, is still alive. Most fans would’ve been happy with a first-round win, but we’re still in with a shot at making it to the Finals, and I’m beyond stoked.
If people weren’t paying attention to how good this team was before, they certainly are now. After all, the highest stakes bring the most attention.
The same can be said of Sea Group. As Southeast Asia’s largest internet company and a popular stock among retail investors, Sea Group’s financial numbers are watched closely, and today’s premium article charts out those very figures.
Today we look at:
- A snapshot of Sea Group’s financial health
- A perfect US$100 million series B round for an India-based B2B apparel manufacturing platform
- Other newsy highlights such as the latest in the Zilingo saga and Syfe’s first expansion out of Singapore
Premium summary
Nine pictures speak… 9,000 words?
Image credit: Timmy Loen
Ever wanted to find out how Sea Group’s financials are performing, but just don’t like messing with words and doing that pesky thing called reading? Well, you’re in luck. Today, we provide a snapshot of the financial health of Southeast Asia’s largest internet company in nine handy charts.
- Spend money to make money: The firm’s expenses have continued to grow over the last two years. Sales and marketing continues to make up the bulk of this, likely due to the ongoing battle with Lazada and the proliferation of monthly sales events.
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Slow start to the year… or is it? Although Q1 2022 saw the company bank lower revenue than in Q4 2021, its numbers were still higher than all other quarters since Q1 2020.
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Low on cash: The group’s cash from operating activities has been on a steady decline since Q1 2021.
Read more: Sea Group’s financial health in 9 charts
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