XD
A games developer and publisher.
Launch date
Employees
Market cap
€960m
Enterprise valuation
€768m (Public information from Sep 2024)
Share price
HKD20.15 2400.HK
Shanghai Shanghai (HQ)
Financials
Estimates*
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|---|---|
| Revenues | 2.8b | 2.8b | 2.7b | 3.4b | 3.4b | 38.7b |
| % growth | - | - | (5 %) | 27 % | (1 %) | - |
| EBITDA | 649m | 262m | (737m) | (332m) | 243m | - |
| % EBITDA margin | 23 % | 9 % | (27 %) | (10 %) | 7 % | - |
| Profit | 347m | 9.1m | (864m) | (553m) | (83.0m) | - |
| % profit margin | 12 % | - | (32 %) | (16 %) | (2 %) | - |
| R&D budget | 318m | 658m | 1.2b | 1.3b | 1.0b | - |
| R&D % of revenue | 11 % | 23 % | 46 % | 37 % | 30 % | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
* | CNY10.0m | Series A | |
* | CNY250m | Series B | |
* | CNY200m | Late VC | |
| N/A | $90.3m | IPO | |
| N/A | HKD767m | Post IPO Equity | |
$123m | Post IPO Equity | ||
| Total Funding | €57.5m | ||
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