Mobvista Inc. has announced its unaudited financial results for the first quarter of 2025, reporting a significant increase in revenue and profit from operations. The company recorded a revenue of $439.6 million, marking a year-over-year increase from $301.5 million in the same period of 2024. This represents a notable growth in the company's operations over the past year. The gross profit for Q1 2025 was $96.0 million, up from $61.8 million in Q1 2024. Additionally, profit from operations rose sharply by 131.3% to $23.7 million in Q1 2025 from $10.3 million in the same quarter last year. The company's EBITDA also showed strong growth, increasing by 38.5% to $40.4 million from $29.1 million. The company outlined that starting in 2025, its fundamentals continue to improve, indicating a positive outlook for the year. However, no specific future guidance or forecast figures were provided in the report. The results reflect Mobvista's ongoing efforts to enhance its financial performance and operational efficiency.
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