Yalla Group exceeded revenue expectations in Q1, with strong growth and improved profitability.
From Yahoo Finance: 2025-05-21 13:50:00
Yalla Group Limited (NYSE:YALA) reported strong Q1 FY2025 revenue growth, exceeding guidance and Wall Street estimates with revenue reaching $84 million. Revenues from chatting services were $53.5 million, and game services revenue was $30.1 million, driven by a significant increase in average monthly active users to 44.6 million. Net margins increased from 39.5% to 43.4% year-over-year, showing improved profitability. The company plans new launches in 2023 and increased its share buyback program to $50 million for 2025.
Yalla Group Limited, a UAE-based holding company, operates social networking and entertainment platforms. The company’s revenues were boosted by an increase in monthly active users during the Ramadan season and AI-driven traffic acquisition optimizations. The CEO, Mr. Yang Tao, highlighted the expansion of their product portfolio, including new game launches in 2023. YALA remains committed to returning capital to shareholders with an increased share buyback program.
Read more at Yahoo Finance: Yalla Group Posts Strong Revenue Growth in Q1