Yalla Group Limited reported total revenue of AED 1.2B ($339.7M) for the full year, marking a 6.5% rise from AED 1.1B in 2023.
A strong fourth-quarter performance drove this growth, as revenue increased 12.2% YoY to AED 333.5M ($90.8M), highlighting sustained improvements in user engagement and monetisation strategies.
The company’s net income for the quarter grew 9.7% to AED 119.4M ($32.5M), while it maintained a solid net margin of 35.8% and a non-GAAP net margin of 39.3%.
Yang Tao, Founder, Chairman, and CEO of Yalla, stated, “This exceptional performance reflects our dedication to enhancing user experiences and improving operational efficiency, resulting in a 26.0% YoY increase in operating profitability.”
He further noted that AI is transforming the digital sector, with the group leveraging its potential to develop more interactive experiences for users.
