Stock Analysis
- United States
- /
- Interactive Media and Services
- /
- NYSE:YALA
Yalla Group Full Year 2023 Earnings: Revenues In Line With Expectations
Yalla Group (NYSE:YALA) Full Year 2023 Results
Key Financial Results
- Revenue: US$318.9m (up 5.0% from FY 2022).
- Net income: US$117.3m (up 50% from FY 2022).
- Profit margin: 37% (up from 26% in FY 2022). The increase in margin was primarily driven by lower expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yalla Group Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in the US.
Performance of the American Interactive Media and Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Yalla Group that you should be aware of before investing here.
Valuation is complex, but we're helping make it simple.
Find out whether Yalla Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:YALA
Yalla Group
Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region.
Flawless balance sheet with solid track record.