Recently, Monster Charging released its Q3 financial report, stating that the operating income in the third quarter was 815 million yuan, an increase of 18% from the previous quarter. The net loss was 95.8 million yuan, a decrease of 48% from the previous month.
Among them, the shared charging business realized a revenue of 791 million yuan, the power bank sales business realized a revenue of 18.1 million yuan, and other businesses mainly advertising services and new businesses realized a revenue of 5.8 million yuan.
Monster charging, shared charging treasure
The financial report also shows that as of September 30, 2022, Monster Charging has a total of 956,000 POIs across the country, with 14.7 million new users in a single quarter, a cumulative number of registered users of 325.2 million, and 6.4 million shared charging treasures online.
It is understood that in the four quarters of the last year, the total loss of monster charging has reached 429 million yuan.