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Sky-mobi Limited Announces Unaudited Financial Results For The Fiscal Third Quarter 2013

Total non-IFRS operating expenses were RMB44.8 million (US$7.2 million) in third quarter 2013, an increase of 16.3% from RMB38.5 million in third quarter 2012.

  For the three months ended December 31,
  2011 2012 2012
In thousands (RMB) (RMB) (US$)
   
Operating expenses:      
Research and development expenses  19,184  23,895 3,836
Sales and marketing expenses  10,433  8,913 1,431
General and administrative expenses  22,237  16,691 2,680
Other income and expense (1,584) (480) (78)
Total operating expenses  50,270  49,019  7,869
       
Non-IFRS operating expenses:      
Research and development expenses  16,584  23,068 3,703
Sales and marketing expenses  9,446  8,678 1,393
General and administrative expenses  14,101  13,567 2,179
Other income and expense (1,584) (480) (78)
Total non-IFRS operating expenses  38,547  44,833  7,197

Non-IFRS operating expenses are defined as operating expenses excluding share-based compensation expense. The discussion and analysis below focuses on non-IFRS operating expenses, which the Company believes are more useful to investors to understand the Company's operating activities than IFRS operating expenses.

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