Alibaba Q4 2019 revenue increased by 38% with 711M retail customers

Annual active consumers on Alibaba’s China retail marketplaces reached 711 million, an increase of 18 million from the 12-month period ended in Q3 2019. Mobile MAUs on its China retail marketplaces reached 824 million in December 2019, an increase of 39 million over September 2019.

Alibaba’s revenue was RMB 161,456 million (US$23,192 million) in Q4 2019, an increase of 38% year-over-year. But, CEO warns that coronavirus “will present near-term challenges to the development of Alibaba’s business across the board.” Shares of Alibaba fell 2% in early trading following Zhang’s remarks.

Annual active consumers on its China retail marketplaces reached 711 million, an increase of 18 million from the 12-month period ended September 30, 2019. Mobile MAUs reached 824 million in December 2019, an increase of 39 million over September 2019.

Income from operations was RMB39,560 million (US$5,682 million), an increase of 48% year-over-year. Adjusted EBITDA, a non-GAAP measurement, increased 37% year-over-year to RMB55,880 million (US$8,027 million).

Adjusted EBITA for core commerce was RMB58,075 million (US$8,342 million), an increase of 26% year-over-year. Alibaba’s marketplace-based core commerce adjusted EBITA, a non-GAAP measurement, increased 22% year-over-year to RMB66,371 million (US$9,534 million).

Net income attributable to ordinary shareholders was RMB52,309 million (US$7,514 million), and net income was RMB50,132 million (US$7,201 million).

Diluted earnings per ADS was RMB19.55 (US$2.81) and non-GAAP diluted earnings per ADS was RMB18.19 (US$2.61), an increase of 49% year-over-year. Diluted earnings per share were RMB2.44 (US$0.35) and non-GAAP diluted earnings per share was RMB2.27 (US$0.33), an increase of 49% year-over-year.

Net cash from operation was RMB 96,505 million (US$13,862 million) and non-GAAP free cash flow was RMB78,279 million (US$11,244 million).