Investor Presentaiton
sea
connecting the dots
Net Income/(Loss)
US$ Millions
(616.3)
4Q 2021
422.8
4Q 2022
US$ Billions
(1.7)
(2.0)
FY 2021
FY 2022
Total net income for 4Q 2022 was negatively impacted by US$177.7 million impairment of goodwill related to certain
historical investments for the digital entertainment business, and positively impacted by US$199.7 million net gain on
debt extinguishment, and approximately US$130 million in reversal of previous accruals for certain expenses¹.
Note: Financial figures are unaudited.
1.
As we made the management decision to strongly pivot to a clear focus on cost efficiency, there were accruals reversed during the fourth quarter of 2022 resulting from changes in previous estimations of certain expenses.
Sea 4Q 2022 & FY 2022 Results |
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