Sep. 9 at 2:05 PM
$MOMO One-Time Loss — Not Operational
“The RMB547.9 million accrual in withholding tax was for prior periods. This accrual is unrelated to the normal business operation of the current period and future periods.”
— Hello Group Q2 2025 Earnings Release
Core operating income: RMB 403.5M — only -5% YoY in a tough macro.
Overseas revenue: +72.7% YoY — explosive growth.
Cash flow from operations: positive RMB 250.1M — business is cash-generative.
Buybacks: ongoing —
$300M YTD — management is shareholder-friendly.
Strip out the tax bomb, and this is a solid quarter.
May India will work out. Who knows? Stuff happening slowly.
