Cheetah Mobile
Financials
Estimates*
| CNY | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 5.4b | 5.5b | 3.6b | 1.6b | 785m | 884m | 670m |
| % growth | - | 2 % | (35 %) | (57 %) | (50 %) | 13 % | (24 %) |
| EBITDA | 629m | 602m | (19.6m) | (571m) | (203m) | (130m) | (163m) |
| % EBITDA margin | 12 % | 11 % | (1 %) | (37 %) | (26 %) | (15 %) | (24 %) |
| Profit | 1.4b | 1.2b | (314m) | 417m | (351m) | (513m) | (603m) |
| % profit margin | 27 % | 23 % | (9 %) | 27 % | (45 %) | (58 %) | (90 %) |
| EV / revenue | 1.4x | 0.4x | 0.4x | - | -0.7x | -1.4x | -2.2x |
| EV / EBITDA | 11.9x | 3.6x | -68.7x | - | 2.8x | 9.8x | 9.1x |
| R&D budget | 738m | 736m | 787m | 470m | 212m | 181m | 178m |
| R&D % of revenue | 14 % | 13 % | 22 % | 30 % | 27 % | 20 % | 27 % |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | Series A | |
| N/A | N/A | IPO | |
| Total Funding | - | ||
Recent News about Cheetah Mobile
EditCheetah Mobile Inc. (NYSE: CMCM) is a prominent player in the mobile internet industry with a global reach. Founded in 2014, the company has established itself as a leader in the development and distribution of mobile applications and games. Cheetah Mobile primarily serves individual consumers who use smartphones and tablets, offering a range of products designed to enhance user experience and device performance.
The company operates in the highly competitive mobile internet market, which includes app development, mobile gaming, and digital advertising. Cheetah Mobile's business model revolves around creating and distributing free-to-download mobile apps and games. These apps often come with in-app purchases and advertisements, which are the primary sources of revenue for the company. By offering free apps, Cheetah Mobile attracts a large user base, which in turn makes its platform attractive to advertisers.
Cheetah Mobile's product portfolio includes utility apps that help users optimize their device performance, such as cleaning up unnecessary files and boosting speed. Additionally, the company has a strong presence in the mobile gaming sector, developing and publishing a variety of games that cater to different tastes and preferences. The combination of utility apps and engaging games ensures a steady stream of users and revenue.
The company makes money through a mix of in-app purchases, where users pay for premium features or virtual goods, and advertising revenue. Advertisers pay Cheetah Mobile to display ads within its apps, leveraging the company's extensive user base to reach potential customers.
In summary, Cheetah Mobile Inc. is a leading mobile internet company that develops and distributes mobile apps and games, serving a global market of individual consumers. Its business model focuses on free-to-download apps with revenue generated from in-app purchases and advertising.
Keywords: Mobile apps, games, global market, in-app purchases, advertising, utility apps, mobile gaming, user optimization, digital advertising, smartphone users.
Tech stack
Investments by Cheetah Mobile
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