Mobvista Sees Substantial Q3 Growth With 25.9% Revenue Uplift

SINGAPORE, Nov 16 (Bernama-BUSINESS WIRE) — Mobvista (01860.HK), a leading global marketing and technology company, has today released its financial results for the third quarter of 2023, showcasing further growth and profitability.

Mobvista reported a 25.9% year-over-year (YoY) increase in revenue to $269.37 million. The company’s net revenue grew substantially to $73.32 million, marking a 34.8% YoY increase. Gross profit followed suit, expanding by 35.1% YoY to $55.50 million.

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