Cloud village inc. reports fiscal year 2021 financial results

Hangzhou, china, march 24, 2022 /prnewswire/ -- cloud village inc. (hkex: 9899, "netease cloud music" or the "company"), a leading interactive music streaming service provider in china, today announced its financial results for the fiscal year ended december 31, 2021. summary of key financial and operating metrics (rmb in thousands, unless otherwise stated) year ended 31 december 2021 2020 financial metrics revenue 6,997,622 4,895,731 gross profit/(loss) 142,674 (595,335) loss before income tax (2,051,423) (2,949,887) loss for the year (2,056,092) (2,951,463) non-ifrs measure: adjusted net loss1 (1,043,712) (1,567,989) operating metrics online music services -maus (million) 182.6 180.5 -monthly paying users (million) 28.9 16.0 -monthly arppu (rmb) 6.7 8.4 social entertainment services -monthly paying users (thousand) 683.3 327.1 -monthly arppu (rmb) 448.1 573.8   fiscal year 2021 key financial and operating highlights revenue was rmb6,997.6 million, an increase of 42.9% compared with rmb4,895.7 million for the same period of 2020.
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