Cool 6 Media fourth quarter net loss 2.98 million dollar year narrowed

Sina Science and technology news Beijing time March 15 night, Cool 6 media (NASDAQ:KUTV) today released the end of the 2012 fiscal year as at December 31, the quarter and the full year earnings. The quarter, the total revenue of 3.35 million U.S. dollars (about 20.87 million yuan), the chain growth of 9.6%, year-on-year decline of 24.2%.　　Based on the United States General accounting standards, the net loss of 2.98 million U.S. dollars (about 18.57 million yuan), while the third quarter net loss of 3.25 million U.S. dollars, 2011 fiscal Year quarter net loss of 3.94 million U.S. dollars.　　The quarterly results: Total revenue of 3.35 million U.S. dollars (about 20.87 million yuan), compared with the third quarter of 3.06 million U.S. dollars in the growth of 9.6%, compared with the same period of 4.42 million U.S. dollars a year down 24.2%.　　Based on US general accounting standards, the net loss of 2.98 million U.S. dollars (about 18.57 million yuan), while the third quarter net loss of 3.25 million U.S. dollars, a net loss of 3.94 million U.S. dollars a year earlier.　　Based on non-US general accounting standards, the net loss of 2.96 million U.S. dollars (about 18.45 million yuan), while the third quarter net loss of 3.26 million U.S. dollars, a net loss of 4.46 million U.S. dollars a year earlier.　　The basic and diluted losses for each share of the United States depository shares were $0.06 (about 0.39 yuan), while the third quarter was $0.07, a year earlier, at $0.08 trillion.　　As of December 31, 2012, Cool 6 media has a cash and cash equivalent of 13.07 million dollars (about 81.43 million yuan).　　The net cash for operating activities was USD 3.68 million (about 22.95 million yuan), while the third quarter was 1.92 million US dollars, a year earlier to 13.57 million dollars.　　2012 Annual Results Summary: Total revenue of 14.12 million U.S. dollars (about 87.94 million yuan), and 2011 fiscal year for 19.22 million U.S. dollars.　　Based on the U.S. General accounting standards, the net loss of 9.49 million U.S. dollars (about 59.13 million yuan), and 2011 fiscal year net loss of 49.39 million U.S. dollars.　　Based on non-US general accounting standards, the net loss of 9.03 million U.S. dollars (about 56.24 million yuan), and 2011 fiscal year net loss of 48.16 million U.S. dollars.　　The basic and diluted losses for each share of the United States depository shares were $0.19 (about 1.21 yuan), compared with $2011 for fiscal year 1.16.　　The net cash for operating activities is USD 8.09 million (about 50.38 million yuan), while the 2011 fiscal year is 39.17 million dollars. Cool 6 Media CEO Shi Yu said: "For the Cool 6 media, 2012 is a crucial year, and we have to user-created content transfer strategy for a full year (starting in the third quarter of 2011) time." In just the past year, perfecting the user experience is still our first task. "Based on this focus, we upgraded our video service backend infrastructure to improve our products by introducing new features, attracting more than 20,000 user loyaltyCapacity production team. With the popularization of 3G, we have also expanded our mobile products. We also reduced the cost to a large extent in 2012, keeping our net losses at a lower level in the industry. We are confident that, with the progress achieved over the past 2012 years, we will develop faster in 2013.　　"Four-quarter performance analysis: The total revenue of 3.35 million U.S. dollars (about 20.87 million yuan), compared with the third quarter of 3.06 million U.S. dollars in the growth of 9.6%, compared with the same period of 4.42 million U.S. dollar year-on-year decline of 24.2%." In the second quarter of 2011, Cool 6 media began using the creator advertisement system to gain revenue from performance ads. This part of the advertising revenue mainly through a subsidiary advertising agency (Cool 6 media major shareholder Shanda Network subsidiary) to achieve.　　In the quarter, cool 6 media 87.5% of the revenue from the Affiliate advertising agency, compared to the third quarter of the proportion of 94.6%.　　The revenue cost was $3.75 million trillion (about 23.36 million yuan), which grew 2.4% compared with 3.66 million dollars in the third quarter, down 4.23 million from a year earlier.　　Gross loss of 400,000 U.S. dollars (about 2.49 million yuan), while the third quarter gross loss of 610,000 U.S. dollars, the same period last year gross loss of 190,000 U.S. dollars. Based on non-US general accounting standards, gross loss of 330,000 U.S. dollars (about 2.07 million yuan), while the third quarter gross loss of 580,000 U.S. dollars, the same period last year gross loss of 20,000 U.S. dollars.　　The decline in gross losses was mainly attributable to revenue growth.　　Operating expenses were $3.17 million trillion (about 19.72 million yuan), up 11.1% from 2.85 million dollars in the third quarter, down 4.38 million from a year earlier.　　Operating expenses, based on non-US GAAP, were $3.21 million trillion (about 20.02 million yuan), while the third quarter was $2.88 million trillion, a year earlier, 4.69 million dollars.　　Operating loss of 3.57 million U.S. dollars (about 22.21 million yuan), compared with the third quarter of 3.46 million U.S. dollars in the growth of 3.2%, compared with the same period last year 4.19 million U.S. dollars down 14.9%.　　Operating losses, based on non-US GAAP, were $3.55 million trillion (about 22.09 million yuan), compared with $3.46 million trillion in the third quarter, or $4.71 million a year earlier.　　Net loss of 2.98 million U.S. dollars (about 18.57 million yuan), compared with the third quarter of 3.25 million U.S. dollars in the decline of 8.3%, compared with the same period of 3.94 million dollars a year down 24.3%.　　Based on non-US general accounting standards, the net loss of 2.96 million U.S. dollars (about 18.45 million yuan), while the third quarter net loss of 3.26 million U.S. dollars, a net loss of 4.46 million U.S. dollars a year earlier.　　The net loss to cool 6 media was $2.98 million (about 18.57 million yuan), compared with $3.25 million in the third quarter and $3.94 million a year earlier. Based non-US general accounting standard, the net loss to cool 6 was $2.96 million (about 18.45 million yuan), compared with $3.26 million in the third quarter and $4.46 million a year earlier.　　The United States depository stocks, which belong to cool 6 media, have lost $0.06 trillion (about 0.39 yuan), while the third quarter was $0.07, a year earlier, at $0.08 trillion.　　The Adjusted EBITDA (profit before interest, tax, depreciation and amortization) lost 2.6 million US dollars (about 16.19 million yuan), while the third quarter was 2.58 million US dollars, a year earlier to 3.86 million dollars.　　As of December 31, 2012, Cool 6 media had cash and cash equivalents of $13.07 million (about 81.43 million yuan), and as of September 30, 2012 it was 12.55 million dollars.　　2012 Annual Performance Analysis: Total revenue of 14.12 million U.S. dollars (about 87.94 million yuan), and 2011 fiscal year for 19.22 million U.S. dollars. The revenue cost is 14.6 million U.S. dollars (about 90.98 million yuan), which is 103.5% of the total revenue.　　The 2011 fiscal year was 30.88 million dollars, 160.7% of the total revenue.　　Gross loss of 490,000 U.S. dollars (about 3.04 million yuan), and 2011 fiscal year gross loss of 11.66 million U.S. dollars.　　Based on non-US general accounting standards, gross loss of 330,000 U.S. dollars (about 2.04 million yuan), and 2011 fiscal year gross loss of 11.34 million U.S. dollars.　　Operating expenses were 10.48 million U.S. dollars (about 65.3 million yuan), while the 2011 fiscal year was 37.91 million dollars.　　Operating expenses, based on non-US GAAP, are $10.18 million trillion (about 63.41 million yuan) and 2011 for fiscal year 37 million.　　Operating loss of 10.97 million U.S. dollars (about 68.34 million yuan), and 2011 fiscal year for 49.57 million dollars.　　Based on non-US general accounting standards, operating losses are 10.51 million U.S. dollars (about 65.45 million yuan), while 2011 fiscal year is 48.34 million dollars.　　Net loss of 9.49 million U.S. dollars (about 59.13 million yuan), and 2011 fiscal year for 49.39 million dollars.　　Based on non-US GAAP, the net loss is 9.03 million U.S. dollars (about 56.24 million yuan), while the 2011 fiscal year is 48.16 million dollars.　　The net loss to the Cool 6 media is 9.49 million dollars (about 59.13 million yuan), while the 2011 fiscal year is 49.39 million dollars.　　Based on non-US GAAP, the net loss to cool 6 media is $9.03 million (about 56.24 million yuan), compared with 2011 for $48.11 million.　　The United States depository stocks, which belong to cool 6 media, have lost 0.19 US dollars (about 1.21 yuan) and a 2011 fiscal year of 1.16 dollars. Adjusted EBITDA (profit before interest, tax, depreciation and amortization) loss 7010,000 dollars (about 43.65 million yuan), and 2011 fiscal year is 43.09 million dollars.　　Conference Call: Cool 6 The Media management team will be on the eastern time March 15 8 o'clock in the morning (Beijing/Hong Kong time March 15 Evening 8 o'clock) conference call, interpretation of the quarter and the full year earnings. The number of the conference call is as follows: United States: 18665194004 International: +65 67239381 Mainland China: 4006208038/8008190121 China Hong Kong: 800930346 Password: 21965063 (Li Ming)