Sea Limited’s Q4 2024 Earnings Call: Insights and Impact
On March 4, 2025, Sea Limited (NYSE: SE) held its Fourth Quarter and Full Year 2024 Results Conference Call. The call was hosted by Rebecca Lee, Investor Relations, Forrest Li, Chairman & CEO, Chris Feng, President, and Tony Hou, Chief Financial Officer. Participating analysts included Pang Vitt from Goldman Sachs, Alicia Yap from Citigroup, Divya Katyal from Morgan Stanley, Piyush Choudhary from HSBC, and Sachin Salgaonkar from BofA, among others. Thomas Chong from Jefferies served as the call’s operator.
Company Highlights
During the call, Sea Limited’s executives discussed the company’s financial performance for Q4 2024 and the full year. The e-commerce giant reported a 35% year-over-year increase in revenue, reaching $12.5 billion. Their digital financial services sector, including Shopee and SeaMoney, saw a 48% year-over-year growth, contributing significantly to the overall revenue.
Impact on Investors
The impressive financial results led to a positive reaction from investors. Sea Limited’s stock price rose by more than 8% in after-hours trading following the earnings call. The strong earnings report also boosted the confidence of investors in the company’s future growth prospects.
Impact on the World
Sea Limited’s success story is not just a local phenomenon but a global one. With their extensive presence in Southeast Asia and Latin America, the company is making significant strides in digitalizing the economies of these regions. Their e-commerce platform, Shopee, is rapidly gaining popularity, offering consumers a convenient and accessible shopping experience. Furthermore, SeaMoney is expanding financial inclusion by providing digital financial services to underbanked populations. The company’s growth not only benefits its shareholders but also contributes to the digital transformation of the global economy.
Executive Insights
- “Our strong fourth-quarter results demonstrate the resilience and growth potential of our business. We are committed to continuing our investment in our long-term growth initiatives, including our digital financial services and digital entertainment sectors.” – Forrest Li, Chairman & CEO
- “Our focus on customer experience, coupled with our extensive logistics network, has enabled us to meet the growing demand for our services. We are confident in our ability to sustain our growth momentum in the coming year.” – Chris Feng, President
- “Our financial performance in 2024 was robust, with record-breaking revenue and strong growth in all our sectors. We are well-positioned to continue delivering value to our shareholders and driving positive change in the communities we serve.” – Tony Hou, Chief Financial Officer
Conclusion
Sea Limited’s Q4 2024 earnings call was a testament to the company’s impressive financial performance and growth potential. The strong earnings report led to a positive reaction from investors, boosting the company’s stock price. Moreover, Sea Limited’s success story extends beyond its shareholders, as it contributes to the digital transformation of the global economy by offering convenient and accessible e-commerce and financial services in underpenetrated markets. The future looks bright for Sea Limited, and we can expect exciting developments as the company continues to innovate and expand its reach.
Stay tuned for more updates as we follow Sea Limited’s journey to digital dominance.
