​

​

For the year ended December 31, 

​

​

2023

​

2024

​

2025

​

  ​ ​ ​

US$

  ​ ​ ​

US$

  ​ ​ ​

US$

​

​

​

​

​

​

​

Numerator:

  ​

  ​

  ​

Net income (loss) from continuing operations attributable to common shareholders of JOYY Inc.

347,351

(147,624)

​

221,127

Dilutive effect of convertible bonds

​

8,653

​

—

​

—

Numerator for diluted income (loss) per share from continuing operations

​

356,004

​

(147,624)

​

221,127

​

​

​

​

​

​

​

Net income from discontinued operations attributable to common shareholders of JOYY Inc.

​

—

​

—

​

1,875,921

Numerator for diluted income per share from discontinued operations

—

—

1,875,921

​

​

​

​

​

​

​

Denominator:

​

​

​

Denominator for basic calculation—weighted average number of Class A and Class B common shares outstanding

1,308,695,642

1,157,854,559

1,052,099,864

Dilutive effect of convertible bonds

141,564,583

—

—

Dilutive effect of restricted stock

8,025,901

—

7,682,058

Dilutive effect of restricted share units

​

4,690,418

​

—

​

5,465,574

Denominator for diluted calculation

1,462,976,544

1,157,854,559

1,065,247,496

​

​

​

​

​

​

​

Basic net income (loss) per Class A and Class B common share

0.27

(0.13)

1.99

Continuing operations

​

0.27

​

(0.13)

​

0.21

Discontinued operations

​

—

​

—

​

1.78

Diluted net income(loss) per Class A and Class B common share

0.24

(0.13)

1.97

Continuing operations

​

0.24

​

(0.13)

​

0.21

Discontinued operations

​

—

​

—

​

1.76

​

​

​

​

​

​

​

Basic net income (loss) per ADS*

5.31

(2.55)

39.86

Continuing operations

​

5.31

​

(2.55)

​

4.20

Discontinued operations

​

—

​

—

​

35.66

Diluted net income (loss) per ADS*

4.87

(2.55)

39.37

Continuing operations

​

4.87

​

(2.55)

​

4.15

Discontinued operations

​

—

​

—

​

35.22