< Return to Bulls pageStrong basics
The guidance issued in the conference call appeared to be very positive with full year revenue being guided higher than previously noted. At this point the company expects $54-61 million in revenue and $22-28 million in non-GAAP earnings. Advertising only made up 5% of total revenue in the fourth quarter as the company has started using more and more of its ad spots on the websites to promote its own products. The balance sheet is very strong with $74.7 million in cash split between RMB currency (51.1 million) and other foreign currency (23.6 million). There is no long-term debt on the books and so it appears the company has a good foundation to ride out difficult times as the market ebbs and flows.