Huya
Financials
Estimates*
| CNY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 10.9b | 11.4b | 9.2b | 7.0b | 6.3b | 7.0b | 7.5b |
| % growth | 30 % | 4 % | (19 %) | (24 %) | (10 %) | 11 % | 7 % |
| EBITDA | 721m | (72.9m) | (656m) | (75.8m) | 73.0m | 391m | 644m |
| % EBITDA margin | 7 % | (1 %) | (7 %) | (1 %) | 1 % | 6 % | 9 % |
| Profit | 884m | 583m | (487m) | (205m) | 184m | 409m | 587m |
| % profit margin | 8 % | 5 % | (5 %) | (3 %) | 3 % | 6 % | 8 % |
| EV / revenue | 1.9x | -0.0x | -0.3x | -0.2x | 0.1x | 0.2x | 0.2x |
| EV / EBITDA | 27.9x | 6.8x | 4.8x | 15.9x | 10.9x | 4.2x | 2.1x |
| R&D budget | 734m | 819m | 680m | 579m | - | - | - |
| R&D % of revenue | 7 % | 7 % | 7 % | 8 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
$75.0m | Series A | ||
* | $462m | Series B | |
| N/A | $180m Valuation: $2.4b 7.5x EV/LTM Revenues -187.1x EV/LTM EBITDA | IPO | |
* | $263m | Acquisition | |
| Total Funding | CAD732m | ||
Related Content
Recent News about Huya
EditHuya Inc. operates a leading live-streaming platform primarily focused on gaming and esports. The company serves a diverse audience of gaming enthusiasts, professional gamers, and esports fans. Operating in the digital entertainment market, Huya provides a platform where users can watch live broadcasts of gaming events, interact with streamers, and participate in community activities. The business model is primarily based on revenue from virtual gifting, advertising, and subscription services. Huya makes money by enabling viewers to purchase virtual items for their favorite streamers, running ads during live streams, and offering premium subscription plans that provide additional features and benefits.
Keywords: live-streaming, gaming, esports, virtual gifting, advertising, subscription services, digital entertainment, interactive experiences, professional gamers, community activities.
Tech stack
