Mobvista Full Year 2023 Earnings: EPS: US$0.014 (vs US$0.01 in FY 2022)

Mobvista (HKG:1860) Full Year 2023 Results

Key Financial Results

• Revenue: US$1.05b (up 18% from FY 2022).
• Net income: US$21.8m (up 45% from FY 2022).
• Profit margin: 2.1% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: US$0.014 (up from US$0.01 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mobvista Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Media industry in Hong Kong.

Performance of the Hong Kong Media industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Mobvista's balance sheet health.

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