Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]
Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA)
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Source: Yahoo! Finance
Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023 Fourth Quarter 2023 Financial and Operating Highlights Revenues were US$80 .9 million in the fourth quarter of 2023, representing an increase of 7.7% from the fourth quarter of 2022. Revenues generated from chatting services in the fourth quarter of 2023 were US$52 .2 million. Revenues generated from games services in the fourth quarter of 2023 were US$28 .5 million. Net income was US$29.7 million in the fourth quarter of 2023, a 79.0% increase from US$16.6 million in the fourth quarter of 2022. Net margin [1] was 36.6% in the fourth quarter of 2023. Non-GAAP net income [2] was US$33 .4 million in the fourth quarter of 2023, a 53.8% increase from US$21.7 million in the fourth quarter of 2022. Non-GAAP net margin [3] was 41.3% in the fourth quarter of 2023. Average MAUs [4] increased by 13.3% to 36.2
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YALA
News
- Yalla Group Releases 2023 ESG Report [Yahoo! Finance]Yahoo! Finance
- Yalla Group Releases 2023 ESG ReportPR Newswire
- Yalla Group Limited Files 2023 Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- Yalla Group Limited Files 2023 Annual Report on Form 20-FPR Newswire
- With a 44% stake, Yalla Group Limited (NYSE:YALA) insiders have a lot riding on the company [Yahoo! Finance]Yahoo! Finance
YALA
Sec Filings
- 4/23/24 - Form 20-F
- 3/12/24 - Form 6-K
- 3/7/24 - Form 144
- YALA's page on the SEC website