Earnings Presentation Q4 FY2023
Revenue and Adjusted EBITA by Segments for March Quarter
Alibaba
Three months ended March 31, 2023
China
International
(1)
commerce
commerce
Local
consumer
services
Cainiao
Cloud
(1)
Digital
media and
entertainment
Innovation
initiatives
Unallocated (2)
Consolidated
and others
(in RMB Mn, except percentages)
Revenue
YoY % Change
136,073
18,541
12,549
13,619
18,582
8,273
(3)%
29%
Income (Loss) from operations
36,529
(2,974)
17%
(6,599)
18%
(2)%
3%
563
47%
(1,167)
(910)
(1,702)
(2,437)
N/A
(5,500)
208,200
2%
15,240
Add: Share-based compensation expense
1,544
620
1,063
596
1,292
441
396
1,594
7,546
Add: Amortization of intangible assets
414
24
1,383
252
3
159
211
48
2,494
Adjusted EBITA
Adjusted EBITA margin
38,487
28%
(2,330)
(13)%
(4,153)
(319)
385
(33)%
(2)%
2%
(1,102)
(13)%
(1,830)
(325)%
(3,858)
N/A
25,280
12%
Three months ended March 31, 2022
Local
China
International
(1)
commerce
commerce
consumer
services
Cainiao
Cloud
Digital
media and
Innovation
initiatives
(2)
Unallocated
Consolidated
(1)
entertainment
and others
(in RMB Mn, except percentages)
Revenue
140,079
14,335
10,696
11,582
18,971
8,005
384
204,052
Income (Loss) from operations
32,556
(1,918)
(6,588)
(1,081)
598
(2,170)
(2,727)
Add: Share-based compensation expense
Add: Amortization of intangible assets
(902)
(664)
(479)
(85)
(326)
5
64
(1,953)
(1,350)
16,717
(3,737)
580
19
1,499
254
4
199
211
65
2,831
Adjusted EBITA
Adjusted EBITA margin
32,234
23%
(2,563)
(18)%
(5,568)
(52)%
(912)
276
(1,966)
(2,452)
(8)%
1%
(25)%
(639)%
(3,238)
N/A
15,811
8%
Notes:
(1)
(2)
Beginning on October 1, 2022, we reclassified the results of our Instant Supermarket Delivery (e) business, which was previously reported under China commerce segment, to Local consumer services segment
following the strategy refinement of Instant Supermarket Delivery business to focus on building customer mindshare for grocery delivery services through Ele.me platform. This reclassification conforms to the way that we
manage and monitor segment performance. Comparative figures were reclassified to conform to this presentation.
Unallocated expenses primarily relate to corporate administrative costs and other miscellaneous items that are not allocated to individual segments.
1
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