Sea Limited (SE) annual results, year to 31 December 2017: revenue USD 414 million, from the 20-F
Sea Limited files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2017 it reported revenue of USD 414 million, up 19.8% on the year before. Its profit attributable to shareholders was USD -560 million, and diluted earnings per share USD -2.72.
The year to 31 December 2017, against the year before
| Year to | Dec 2016 | Dec 2017 |
|---|---|---|
| Revenue | 346 | 414 |
| Cost of sales | 233 | 327 |
| Gross profit | 113 | 87.3 |
| Research and development | 20.8 | 29.3 |
| Operating profit | -205 | -502 |
| Profit before tax | -197 | -549 |
| Income tax | 8.5 | 10.7 |
| Profit for the year | -225 | -561 |
| Profit attributable to shareholders | -223 | -560 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the US GAAP tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2016 | Dec 2017 |
|---|---|---|
| Cash from operations | -102 | -259 |
| Purchase of property, plant and equipment | 17.0 | 67.4 |
| Free cash flow | -119 | -327 |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Dec 2016 | Dec 2017 |
|---|---|---|
| Total assets | 486 | 1,988 |
| Equity attributable to shareholders | -126 | 469 |
| Cash and cash equivalents | 170 | 1,347 |
| Borrowings, as filed | n/a | 2.0 |
| Trade and other receivables | 35.1 | 61.8 |
| Inventories | 3.9 | 9.8 |
| Goodwill | n/a | 31.0 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2016 | Dec 2017 |
|---|---|---|
| Gross margin | 32.7% | 21.1% |
| Operating margin | -59.4% | -121.3% |
| Net margin | -64.5% | -135.3% |
| Free cash flow margin | -34.4% | -78.9% |
| Return on year-end equity | n/a | -119.5% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024
- Year to 31 December 2023
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
- Year to 31 December 2018
- Year to 31 December 2017, this page
- Year to 31 December 2016
- Year to 31 December 2015
Source
20-F for the year to 31 December 2017, filed 11 April 2018, accession 0001193125-18-113294: the filing on EDGAR. All of Sea Limited's filings: EDGAR company page. The figures are in US dollars as filed.
The same record on your computer
GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.