Breaking News: "Telling Stories on the Frontier of the Empire" latest earnings report
The local new (self-confessed), subscription-based popular science writing program "Storytelling on the Border of the Empire" announced its results yesterday. The relevant data declined for two consecutive months and a profit warning was issued. There was no sharp decline after the market because there was no listing. It is reported that the co-executive author group said : 🥲
Data shows that at the end of April, the number of subscribers reached 117, a sharp drop of 7% from the peak of the month, and it was also the second month that there was a negative growth in subscribers. But the overall $ still slightly increased by 2.3%, it is estimated that the big family godfather increased the power of donnate.
The market (itself) has generally attributed the recession to recent product reforms.
In fact, in response to supply chain problems caused by excessive writing volume, inspiration and time constraints, the co-author group made a decision to cut production early last month. However, some furnace friends do not seem to sell their accounts, and there is a wave of unsubscribes.
In this regard, Liao Xhui, one of the co-authors, believes that it is a "painful period of transformation"; another author, "People in the Room", pointed out that "offline activities are very important" in the long run, and future lectures may be online and offline. Live broadcast to expand the audience.
At the Messenger conference, the authors also made a promise (to themselves) that the existing products will continue to be optimized, including implementing the lock-text ratio, limiting the number of freebies to a certain number, and indeed improving the quality of each content.
At the same time, Ah Heng, the author who leads the development of new products, emphasized that the speed of research and development will be accelerated. At present, new products have entered the testing stage, but the old and new systems still need more time to run in.
On the whole, Ah Heng is confident in the reform, because in the past, he has been forced by the debt to "wake up every day and want to write something!".
Four analysts (and themselves) maintained a "neutral (hold)" rating on Tupao Xinchuang, believing that there is still potential in the long run, but there will continue to be headwinds in the short term. It is recommended/requested to continue holding strong.
Subscribers of "Storytelling on the Edge of Empire" rose one place to 118 in after-hours hours. The co-author group met again to go to the Beer Collection beer monopoly to split wine.
*This article does not constitute a subscription recommendation, but if you are interested, you can refer to our plan: What is [Storytelling at the border of the empire]?
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