Mobvista Inc. Reports 43% YoY Revenue Growth to USD 1.51 Billion; Gross Profit Up 45.6% in 2024

Reuters

07-15

Mobvista Inc. Reports 43% YoY Revenue Growth to USD 1.51 Billion; Gross Profit Up 45.6% in 2024

Mobvista Inc. has reported strong financial results for the year ending December 31, 2024. The company's total revenue reached USD 1.51 billion, marking a 43.0% increase year-over-year (YoY). This growth was primarily driven by the company's investment in AI and machine learning, with their programmatic advertising platform, Mintegral, generating USD 1.44 billion in revenue-a 47.2% increase YoY. The gaming sector alone saw a revenue rise of 37.0% YoY to USD 1.04 billion, while the non-gaming segment surged by 82.0% YoY to USD 403.3 million. Gross profit was reported at USD 316.3 million, representing a 45.6% increase YoY. Adjusted EBITDA also saw a significant rise, reaching USD 138.3 million, up 31.3% YoY. Mobvista's achievements have garnered it a spot on the Fortune 500 Southeast Asia list, ranking at #208. The company continues to focus on AI-powered technologies and global adoption of its solutions, positioning itself as a growth hub for developers worldwide.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mobvista Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250714922090) on July 14, 2025, and is solely responsible for the information contained therein.

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Reports 43% YoY Revenue Growth to USD 1.51 Billion; Gross Profit Up 45.6% in 2024","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Mobvista Inc. Reports 43% YoY Revenue Growth to USD 1.51 Billion; Gross Profit Up 45.6% in 2024\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Mobvista Inc. has reported strong financial results for the year ending December 31, 2024. The company's total revenue reached USD 1.51 billion, marking a 43.0% increase year-over-year (YoY). This growth was primarily driven by the company's investment in AI and machine learning, with their programmatic advertising platform, Mintegral, generating USD 1.44 billion in revenue-a 47.2% increase YoY. 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Reports 43% YoY Revenue Growth to USD 1.51 Billion; Gross Profit Up 45.6% in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-15 00:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Mobvista Inc. Reports 43% YoY Revenue Growth to USD 1.51 Billion; Gross Profit Up 45.6% in 2024\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Mobvista Inc. has reported strong financial results for the year ending December 31, 2024. The company's total revenue reached USD 1.51 billion, marking a 43.0% increase year-over-year (YoY). This growth was primarily driven by the company's investment in AI and machine learning, with their programmatic advertising platform, Mintegral, generating USD 1.44 billion in revenue-a 47.2% increase YoY. The gaming sector alone saw a revenue rise of 37.0% YoY to USD 1.04 billion, while the non-gaming segment surged by 82.0% YoY to USD 403.3 million. Gross profit was reported at USD 316.3 million, representing a 45.6% increase YoY. Adjusted EBITDA also saw a significant rise, reaching USD 138.3 million, up 31.3% YoY. 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The gaming sector alone saw a revenue rise of 37.0% YoY to USD 1.04 billion, while the non-gaming segment surged by 82.0% YoY to USD 403.3 million. Gross profit was reported at USD 316.3 million, representing a 45.6% increase YoY. Adjusted EBITDA also saw a significant rise, reaching USD 138.3 million, up 31.3% YoY. Mobvista's achievements have garnered it a spot on the Fortune 500 Southeast Asia list, ranking at #208. The company continues to focus on AI-powered technologies and global adoption of its solutions, positioning itself as a growth hub for developers worldwide.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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