The revenue of shared charging, power bank sales, and advertisement in 21Q4 are CNY 812 million, CNY 18.9 million, and CNY 5.2 million, respectively.
Energy Monster released its unaudited financial report of 21Q4. According to the release, Energy Monster revenue exceeded expectations, reached CNY 837.2 million. The total revenue for FY21 comes to CNY 3.6 billion, which is a year-on-year increase of 27.6%.
Cai Guangyuan, CEO of Energy Monster, said that the company is actively expanding its coverage in cities and online platforms. Cai is confident in the market development for mobile charging.
Per the release, Energy Monster's point of interest (POI) has continuously increased in 2021. As of the end of 2021, Energy Monster has over 846 thousand POIs, with total registered customers reaching 287 million. Energy Monster rolled out the shared power bank optimization application, which helped to determine the amount of power banks needed at a specific power bank station based on the local usage trend.
According to Energy Monster's COO, Xu Peifeng, "The company has strengthened the cooperation between the direct sales model and the channel model, which will also help the company consolidate its leading position in the industry to acquire more merchants and potential customers.