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Press Release: Mobvista (1860.HK) Releases 2024 Annual Results
Mobvista Reports Strong 2024 Financials Amid AI-Driven Industry Transformation
MOBVISTA (01860.HK): In 2024, the profit attributable to shareholders is 15.741 million USD, a decrease of 27.8% year-on-year.
On March 31, Gelonghui reported that MOBVISTA (01860.HK) announced that for the fiscal year ending December 31, 2024, the Group recorded revenue of 1.5078 billion USD, an increase of 43.0% year-on-year. The Group's revenue comes from the Ad-tech Sector, centered around Mintegral, as well as the Mar-tech Sector. During the reporting period, the Group recorded a gross profit of 0.3163 billion USD, a year-on-year increase of 45.6%, with a gross margin of 21.0%, remaining essentially unchanged from the same period in 2023. The gross profit from the advertising technology Business increased by 47.7% year-on-year to
MOBVISTA (01860) announced the annual performance report for 2024: revenue of 1.508 billion dollars, gross profit of 0.316 billion dollars.
In 2024, revenue reached 1.508 billion USD, a year-on-year increase of 43.0%; net income reached 0.399 billion USD, a year-on-year increase of 40.4%; gross profit was 0.316 billion USD, a year-on-year increase of 45.6%.
Express News | Mobvista FY Gross Profit USD 316.3 Million
Express News | Mobvista FY Adjusted Ebitda USD 138.3 Million