NQ Mobile Inc (NQ) Earnings: Q4 EPS of $0.22; Revenue of $67.90M

Updated on
166,395 – Payment of share issuance cost – (360) – (360) – Proceed from exercising of share options 2,992 256 – 5,398 920 Cash distributed by non-controlling shareholder upon
disposal – – – – (67) Repurchase of common stock (4,711) (97) (1,346) (6,682) (1,346) Net cash provided /(used) by financing activities 164,676 11,799 (2,056) 176,751 (1,203) Effect of exchange rate changes on cash and cash
equivalents 543 58 461 1,281 (389) Net increase/(decrease) in cash and cash equivalents 145,381 18,950 (16,191) 160,856 (50,648) Cash and cash equivalents at the beginning of the period 34,337 15,387 35,053 18,862 69,510 Cash and cash equivalents at the end of the period 179,718 34,337 18,862 179,718 18,862
NQ MOBILE INC.
NON-GAAP MEASURE RECONCILIATIONS
(In thousands)
Three months ended December 31, 2013
NQ Mobile Inc.
Group excluding
NationSky
NationSky Consolidated
US$ US$ US$
Net Revenues
Service Revenue
Mobile value added services 27,107 27,107
Advertising services 16,733 16,733
Enterprise mobility 109 4,826 4,935
Other services 533 533
Product Revenue
Enterprise mobility 18,557 18,557
Total net revenues 44,482 23,383 67,865
Cost of revenues
Cost of services (16,173) (761) (16,934)
Cost of products sold (17,799) (17,799)
Total cost of revenues (16,173) (18,560) (34,733)
Gross profit 28,309 4,823 33,132
Operating expenses:
Selling and marketing expenses (7,026) (755) (7,781)
General and administrative expenses (23,711) (259) (23,970)
Research and development expenses (5,073)

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