Lexin had a revenue of 3.3 billion yuan and a profit of 1 billion yuan in the second quarter of 2021

On August 25, Lexin, a new consumer digital technology service provider, released its financial results for the second quarter of 2021. During the reporting period, Lexin achieved a revenue of 3.3 billion yuan (RMB, the same below), a gross profit of 1.66 billion yuan and a profit before interest and tax of 1.001 billion yuan (non GAAP), an increase of 85% year-on-year. During the reporting period, the risk-free business income of Lexin was 1.06 billion yuan, accounting for one third of the total revenue. Among them, the platform technology service revenue was 620 million yuan, a year-on-year increase of 47.9%; In the new transaction volume of Lexin, the risk-free and pure technology service mode accounts for nearly 40%. Meanwhile, Lexin added 12 million users in the quarter, with an increase of more than 10 million for eight consecutive quarters; By the end of the quarter, Lexin had 144 million users, a year-on-year increase of 50.9%, and 32.9 million credit users, a year-on-year increase of 45.2%; The number of active users was 8.4 million, a year-on-year increase of 24%; In the quarter, 1.7 million active users were added, a year-on-year increase of 22.7%. In this quarter, Lexin platform contributed to a loan of 60.6 billion yuan, a year-on-year increase of 47.6%; By the end of the quarter, the balance of loans under platform management was 90.5 billion yuan, a year-on-year increase of 46.2%; Among them, the small and micro credit loan business for small and medium-sized business owners was 4 billion yuan, nearly doubling the month on month growth. By the end of the second quarter, the overdue rate of more than 90 days in Lexin platform was 1.85%, and the fpd30 of new loans had remained below 1% for 12 consecutive months, reaching the best level in history.