Editorial Summary

Financial information and listed-company data provider China Finance Online Company, Ltd. (Nasdaq: JRJC) announced full year net revenue of US$25.90 million, up 263 percent year-on-year, after market close on Thursday. Including a US$11.13 million Moloon investment impairment, China Finance Online recorded a net loss of $4.1 million in the fiscal year and $8.4 million in the fourth quarter.

For the fourth quarter, China Finance Online booked $8.88 million in net revenue, up 22 percent quarter-on-quarter. Eighty-seven percent of net revenue in the quarter came from subscription service fees paid by retail customers, while five percent came from advertising services, four percent from wireless value-added services (WVAS), and three percent from subscription fees paid by institutional customers. Through the end of the fourth quarter, the company had 9 million registered user accounts for jrj.com and stockstar.com, up from 8.1 million in the previous quarter. Active paying retail subscribers were up 24 percent quarter-on-quarter to 56,200.

China Finance Online expects first quarter 2008 net revenue between $10 million and $10.5 million. The company raised projected net revenue for the full year of 2008 to between $54 million and $61 million, from previous guidance of $50-60 million.