The second-quarter net profit of Gould's software slipped 57% from 3.8 million.

The German software (NASDAQ Securities Code: AMAP) released its second quarter of 2013 earnings today. Financial results showed that the net revenue of the second quarter of Gould's software amounted to $38.2 million, down 5%, and shareholders ' net profit reached 3.8 million dollars, down 57% year-on-year.

Main achievements:

As of the end of the second quarter of 2013, the total number of users of the free mobile map applications to 137 million people, active users more than 62 million people a month. By contrast, at the end of the first quarter of 2013, the total number of users of the free mobile map application of the 116 million people, active users of 56 million people per month. As of the end of the fourth quarter of 2012, the total number of users of the free mobile map application of 65 million people, active users for 36 million people each month.

By the end of the second quarter of 2013, the advanced navigation applications of the high-technology software had been downloaded or preinstalled to 7000多万部 smartphones, averaging about 3 million active subscribers a month.

The net revenue for the second quarter was $38.2 million trillion, which was $40.2 million a year earlier, and $34.3 million in the previous quarter.

German software in the second quarter from the automotive navigation market net revenue reached 19.1 million U.S. dollars, the same period last year, 24.9 million U.S. dollars, the previous quarter of 15.5 million U.S. dollars, the year-on-year decline is mainly due to the authorized use of electronic map data replication decline, the chain increase is mainly due to the authorized use of electronic map replication increased The net revenue from the mobile and Internet solutions business amounted to $14.7 million trillion last year, at $11 million in the previous quarter, at $13.9 million trillion, mainly due to advanced navigation solutions and high standard software and China Mobile (Weibo), which were pre-installed on mobile phones. Cooperative mobile navigation services associated with increased revenue.

In the second quarter, the company's net revenue for public and enterprise applications was $3.9 million trillion, compared with the same period last year, but lower than the previous quarter of the 4.3 million U.S. dollars, the chain decline was mainly due to the second quarter of the number of aerial photogrammetry project decline, and this decline was mainly due to the second quarter of China's regional rainfall increased.

The company's second-quarter revenue cost was $12 million, the same period last year, at $10.1 million, the first quarter to $10.4 million, mainly due to increased cost of data production and services, as well as increased salaries and benefits for employees directly involved in data collection and processing operations.

In the second quarter, Gould's total operating expenses amounted to $26.2 million trillion, 20.6 million dollars in the same period last year, and 20.8 million dollars in the previous quarter.

The net profit for the second quarter was $3.8 million trillion, which was $8.8 million a year earlier, with the US depository receipts making a diluted net profit of $0.06 trillion a year earlier, at $0.17 trillion.

In the second quarter, Gould's net profit, excluding equity incentive spending, amounted to $6.2 million trillion, a year earlier to $13.1 million trillion, and the US depository receipts, which were not measured by U.S. GAAP, had a diluted net profit of $0.10 a year, or $0.26 in the same period.

As of June 30, 2013, the amount of cash and cash equivalents and term deposits held by the German software amounted to USD 517.2 million.

Stock Repurchase:

June 5, 2013, the German software announced the company's board of directors approved a maximum of 2.5 million shares in the next 12 months to buy back the United States depository vouchers plan. As of August 27, 2013, the German software has bought back 431,901 U.S. depository receipts, the total amount of about 5.3 million U.S. dollars, the purchase price per share between 11.77 US dollars to 12.84 dollars.