Sea Limited American Depositary Shares, each representing one Cl

- Garena is still experiencing headwinds from the reopening, with quarterly active users down 15% year-over-year (YOY) but it is slightly up quarter over quarter (QOQ). When it comes to paying users, that number is down 39% YOY and down QOQ.
- Shopee and Sea Money are still growing fast but are also unprofitable. This is why Garena's continued profitability is extremely important.
- Total gross profits in Q2 grew 17% year over year to $1.1 billion, but it's down QOQ from $1.2 billion.
- Net loss increased to $931.2 million from $433.7 million in the prior-year quarter.
- The company previously guided for full-year GAAP revenue for e-commerce to grow 71.8% at the midpoint but has now removed that guidance due to the ever-changing macro environment.

[https://youtu.be/IWBQjXWU-I8](https://youtu.be/IWBQjXWU-I8)
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I wonder if the e-commerce segment is just heavily subsidized and that is why we see that much topline growth, but I question the long-term profitability path.

Rihard Jarc

In this video, I will discuss Sea Limited's stock Q2 quarter and whether now is a good time to open a position with the stock being down 60% year to date.A p...

Sea Limited Earnings: The Good and The Bad | SE Stock

Sea Limited Earnings

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