On August 25, MOBVISTA rose 5.46% in regular trading, trading at HK$10.52/share, with turnover of HK$105 million.
On the news front, the company released its interim results on August 24, reporting revenue of US$1.156 billion for the first half, up 23.2% year-over-year; adjusted net profit of US$52.11 million, up 39.5%; and net profit of US$46.73 million, up 44.8%. Core platform Mintegral generated revenue of US$1.115 billion, up 24.3%, with gaming revenue of US$843 million (+27.5%) accounting for 75.6% and non-gaming revenue of US$272 million (+15.5%) demonstrating continued expansion into e-commerce and utility verticals.
Multiple brokerages have previously issued Buy or Strong Buy ratings on the stock, citing the upcoming launch of a new-generation AI Infra platform in Q4 as a potential inflection point for accelerated earnings growth. Analysts project full-year adjusted net profit of US$150 million for the current fiscal year.
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