$Yalla (YALA.US)$The UAE company, which went public in 2020,...
$Yalla (YALA.US)$The UAE company, which went public in 2020, has achieved a rapid revenue growth of 0.27 billion in the past 3 years. The operating profit saw a significant decline in 2020 due to a sharp increase in costs and expenses, but in 2021, the growth of costs and expenses was significantly controlled, and the operating profit reached 0.084 billion, with the net income also reaching 0.083 billion.
The revenue growth in the first three quarters of 2022 has slowed significantly, reaching only 11%, with a 1.4% decrease in operating profit and a 1% decrease in net income, making it difficult to sustain the growth.
The current 10x trailing twelve months P/E ratio is not very attractive.
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