MOBVISTA Reports Q1 Revenue of $581 Million, AI Smart Bidding Drives Growth

Stock News
05/31

For the three months ended March 31, 2026, MOBVISTA (01860) announced its quarterly results. During the reporting period, the company achieved year-on-year improvements across multiple performance metrics. Revenue reached $581 million, an increase of 32.2% compared to the same period last year. Gross profit amounted to $122 million, up 26.9% year-on-year. Adjusted EBITDA was $46.74 million, growing 12.0% from the previous year.

The company's programmatic platform, Mintegral, maintained a steady growth trajectory in revenue, providing solid support for the overall performance. During the period, Mintegral recorded revenue of $560 million, a 33.1% increase year-on-year. In terms of business performance, Mintegral's AI Smart Bidding product suite now accounts for over 90% of Mintegral's total revenue, continuing to drive rapid business growth.

Regarding business structure, Mintegral has continued to diversify its advertiser partnerships, leading to a more balanced business layout. During the reporting period, both gaming and non-gaming categories within Mintegral achieved year-on-year revenue growth. The gaming category revenue was $430 million, a 40.8% increase. Non-gaming category revenue reached $129 million, up 12.4%, accounting for 23.1% of Mintegral's total revenue.

Looking ahead, as AI and machine learning technologies gain deeper application and increasing market recognition in the advertising sector, MOBVISTA is well-positioned to further solidify its leadership in programmatic advertising and continue to drive high-quality growth for the company.

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