To The Moon

The last time I wrote about Huya was back in June when I took a position at approximately below $15.You can view the article here if you are interested.Since then, the company has plunged due to the fear over regulation on gaming which has also impacted other gaming companies such as Douyu and Tencent.This article will be focusing mainly on the Q2 earnings which they’ve just announced and the highlights that investors should look upon.Q2 FY2021 Earnings Takeaway:Let’s first update our spreadsheet on the key metrics that everyone is interested about.Total MAU and Mobile MAU increased slightly from the previous quarter and YoY comparison.Average mobile MAU is now at 77.6m users while paying users have declined to 5.6m, which is the lowest since Q1 2020. This is not a good sign and