Investor FAQs Information Request Email Alerts IR Contacts. Yalla Group Q4 Results Up; Expects Higher Revenue In Q1 . For the first quarter of 2021, the management of the Company currently expects revenues to be between US$60.0 million and US$63.0 million, which would represent an increase of approximately 184.7% to 198.9% from US$21.1 million for the first quarter of 2020. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.05. Our selling and marketing expenses were US$7.6 million in the fourth quarter of 2020, compared with US$3.1 million in the same period last year. Non-GAAP basic and diluted net income per ordinary share (which exclude share-based compensation expenses) were US$0.16 and US$0.15 respectively, compared to US$0.06 in the same period of 2019. "Registered users" refers to users who have registered accounts on our platform as of a given time; a registered user is not necessarily a unique user, however, as an individual may register multiple accounts on our platform, and consequently, the number of registered users we present in this prospectus may not equal the number of unique users who have registered on our platform as of a given time. Our technology and product development expenses were US$1.6 million in the fourth quarter of 2020, compared with US$0.4 million in the same period last year. November 09, 2020 Yalla Group Ltd. Third Quarter 2020 Earnings Release . The increase was primarily due to the recognition of share-based compensation expenses. Yalla Group Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 15, 2021 Eastern Time March 1, 2021 | finance.yahoo.com Why Yalla Stock Skyrocketed 77.9% in January You can read further details here. Voice chats are more suitable to the cultural norms in MENA compared to video chats. Our selling and marketing expenses were US$21.7 million in 2020, compared with US$8.3 million in 2019. DUBAI, UAE, Nov. 8, 2020 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in … The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05), MarketWatch Earnings reports. These forward- looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. We define non-GAAP net income (loss) per ordinary share as non-GAAP net income (loss) attributable to ordinary shareholders of Yalla Group Limited, using the two-class method, divided by weighted average number of basic and diluted share outstanding. Is Yalla Group … Through close attention to detail and localized appeal that deeply resonates with users, Yalla's mobile applications deliver a seamless user experience that fosters a loyal sense of belonging, creating a highly devoted and engaged user community. Other components of selling and marketing expenses as a percentage of our total revenues decreased from 13.0% in 2019 to 10.4% in 2020, primarily due to (i) free promotion from Apple's and Google's app stores as a result of the high quality and localization of our products, and (ii) our increasing brand awareness and brand loyalty across the region. Our cost of revenues was US$61.3 million in 2020, compared with US$20.6 million in last year. In-game real-time chats and Ludo chat room functions are popular social networking features among users. Investor Relations Home; Corporate Information. DUBAI, UAE, March 1, 2021 Yalla Group Limited (YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa, today announced that it will report its unaudited financial results for the fourth quarter and full year 2020 before the U.S. market open on Monday, March 15, 2021. Yalla Group released the company's 4Q 2020 financial results on March 15, 2021 after trading hours, and its share price jumped by +15% from $23.55 on the day of results release to … Kerry Gao - IR Director. "Driven by the better-than-expected performance from our chatting services, we are pleased to report a sequential quarterly revenue increase of 42.9%, reaching US$48.3 million in the fourth quarter and exceeding the upper end of our guidance range. Forward-looking statements involve inherent risks and uncertainties. 15 Yalla Group Limited to Report Fourth Quarter … Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that it will report its unaudited financial results for the fourth quarter and full year 2020 before the U.S. market open on Monday, March 15, 2021. With these efforts, our MAUs increased 15.0% versus the previous quarter, reaching 16.4 million. As a result of the foregoing, our net income was US$9.0 million in the fourth quarter of 2020, compared with net income of US$8.3 million in the fourth quarter of 2019. The Company's flagship mobile application, Yalla, is specifically tailored for the people and local cultures of the region and primarily features Yalla rooms, a mirrored online version of the majlis or cafés where people spend their leisure time in casual chats. Yang Tao - … With 2021 well underway, we are very confident we can deliver another year of sturdy growth and profitability as we continue to execute on our strategic roadmap.". October 29, 2020 GMT. Yalla EPS beats by $0.03, beats on revenue. Other components of general and administrative expenses as a percentage of our total revenues decreased from 6.5% in 2019 to 5.3% in 2020 due to economies of scale. Quarterly Results. Our revenues were US$134.9 million in 2020, a 112.6% increase from US$63.5 million in 2019. PR Newswire. A replay of the conference call will be accessible until March 22, 2021, by dialing the following telephone numbers: To supplement the financial measures prepared in accordance with generally accepted accounting principles in the United States, or GAAP, this press release presents non-GAAP financial measures, such as non-GAAP operating income, non-GAAP net income and non-GAAP basic and diluted net income per ordinary share, as supplemental measures to review and assess the Company's operating performance. Yalla Group updated its Q1 2021 Our revenues were US$48.3 million in the fourth quarter of 2020, a 150.9% increase from US$19.3 million in the fourth quarter of 2019. The increase was primarily driven by the widening of Yalla's and Yalla Ludo's user base and the robust enhancement in Yalla Ludo's monetization capability. View the real-time YALA price chart on Robinhood and decide if you want to buy or sell commission-free. Basic and diluted net income per ordinary share were US$0.06 for the fourth quarter of 2020, while basic and diluted net income per ordinary share was US$0.06 in the same period of 2019. Our net income was US$3.2 million in 2020, compared with net income of US$28.9 million in 2019. Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results Article Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! Non-GAAP basic and diluted net income per ordinary share (which exclude share-based compensation expenses) were US$0.64 and US$0.57 respectively, compared to US$0.22 in 2019. MT Newswires -- Earnings Flash (YALA) YALLA GROUP LIMITED Reports Q4 Revenue $48.3M, vs. Street Est of $41.2M. The Company strives to maintain users' equal status on its platform, thereby encouraging all of them to freely communicate and interact with each other. The non-GAAP financial measure is not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. Our total costs and expenses were US$39.0 million in the fourth quarter of 2020, compared with US$10.9 million in the fourth quarter of 2019. One of the key limitations of using the non-GAAP financial measures is that they do not reflect all items of income and expense that affect the Company's operations. Non-GAAP net income (which exclude share-based compensation expenses) for 2020 was US$64.0 million, a 121.3% increase from US$28.9 million for the 2019. - Revenues generated from chatting services were US$123.0 million.- Revenues generated from games services were US$11.9 million. Investor Resources. income of $15.9M. DUBAI, UAE, March 15, 2021-- #YallaGroup Limited announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. As a result of these reasons, other components of technology and product development expenses as a percentage of our total revenues also increased from 2.3% in the fourth quarter of 2019 to 2.9% in the same period of 2020. Headquartered in the United Arab Emirates, Yalla Group Limited (NYSE:YALA) is a social networking and entertainment platform dedicated to providing people who share similar cultural backgrounds from MENA with superior online social experiences. We define non-GAAP operating income as operating income excluding share-based compensation. Yalla Group has a 1 year low of $6.26 […] The increase for other components of general and administrative expenses was primarily due to (i) an increase in salaries and other benefits for our general and administrative staff, which was in turn driven by an expansion of our general and administrative staff, and (ii) an increase in IPO listing expenses. For details, please click https://ir.yallatech.ae for more information. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Yalla Group against related stocks people have also bought like OPEN, PLTR, NNDM, and SKLZ. The increase was mainly driven by (i) share-based compensation expenses of US$0.2 million recognized for the fourth quarter of 2020, and (ii) other components of technology and product development expenses of US$1.4 million for the fourth quarter of 2020, a 223.0% increase from US$0.4 million for the same quarter last year, which was primarily due to an increase in salaries and benefits for our technology and product development staff, which was in turn driven by an expansion of our technology and product development staff due to our increased investment in new products and services. Code of Business Conduct and Ethics: Audit Committee Charter: Compensation Committee Charter: Nominating and Corporate Governance Committee Charter : Below is a summary of our committee structure and membership … Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results PR NewswireMon, Mar. For the fiscal year ended 31 December 2020, YallaGroup Ltd - ADR revenues increased from $63.5M to $134.9M.Net loss applicable to common stockholders totaled $2.1Mvs. DUBAI, UAE, March 1, 2021 Yalla Group Limited (YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa, today announced that it will report its unaudited financial results for the fourth quarter and full year 2020 before the U.S. market open on Monday, March 15, 2021. Yahoo. Basic and diluted net loss per ordinary share were US$0.02 for 2020, while basic and diluted net income per ordinary share was US$0.22 in 2019. See the sections entitled "Non-GAAP Financial Measures" and "Reconciliations of Non-GAAP Measures to the Nearest Comparable GAAP Measures" for more information about the non-GAAP measures referred to in this results announcement. Share-based compensation was allocated in cost of revenues, selling and marketing expenses, general and administrative expenses and technology and product development expenses as follows: Technology and product development expenses, Non-GAAP Net income attributable to ordinary shareholders, Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results, Share-based compensation was allocated in cost of revenues, selling and marketing expenses, general and administrative expenses and. Yalla Group upgraded to outperform from perform at Oppenheimer Mar. Our technology and product development expenses were US$5.2 million in 2020, compared with US$1.6 million in 2019. (See Yalla group stock analysis on TipRanks)Today, in response to the 4Q results, Oppenheimer analyst Bo Pei assigned the stock a price target of … Yalla Group Limited Announces Unaudited Third Quarter 2020 Financial Results PR Newswire DUBAI, UAE, Nov. 8, 2020 DUBAI, UAE, Nov. 8, 2020 /PRNewswire/ -- Yalla Group Limited ("Yalla… The results were … The Company's flagship mobile application, Yalla… Other components of cost of revenues as a percentage of our total revenues increased from 30.3% in the fourth quarter of 2019 to 33.6% in the same period in 2020, primarily due to (i) an increase in salaries and benefits for our staff related to the operations, which was in turn driven by an expansion of our staff related to the operations due to the increasing user base of our products, and (ii) an increase in commission fee for third-party payment platforms. Our income tax expense was US$0.86 million in 2020, compared with US$0.44 million in 2019. Yalla Group Limited (NYSE:YALA) showed a performance of -1.63% in past 30-days. Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results Provided by PR Newswire. Operating income was US$9.3 million in the fourth quarter of 2020, compared with an operating income of US$8.3 million in the fourth quarter of 2019. [4] Non-GAAP net income represents net income (loss) before share-based compensation. This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Company Profile; Management ; Board of Directors; Corporate Governance; Stock Information. We define non-GAAP basic and diluted net income (loss) per ADS as non-GAAP basic and diluted net income (loss) per ordinary share as one ADS represent one ordinary share. Operating income was US$3.8 million in 2020, compared with an operating income of US$29.0 million in 2019. Yalla Group LimitedInvestor RelationsKerry Gao – IR DirectorTel: +86-571-8980-7962Email: ir@yallatech.ae, The Piacente Group, Inc.Yang SongTel: +86-10-6508-0677Email: yalla@tpg-ir.com, In the United States:The Piacente Group, Inc.Brandi PiacenteTel: +1-212-481-2050Email: yalla@tpg-ir.com, Yalla Group Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 15, 2021 Eastern Time. Posted by James Nelson on Mar 17th, 2021 Yalla Group (NYSE:YALA) issued its earnings results on Monday. The increase was primarily due to the recognition of share-based compensation expenses upon the listing of our ADSs on the New York Stock Exchange. Company Participants. Yalla Group Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 15, 2021 Eastern Time Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that... Feb 1, 2021 For more information, please visit https://ir.yallatech.ae/. Yalla Group updated its Q1 2021 Pre-Market guidance to EPS. By excluding the impact of share-based compensation expenses, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company's past performance and future prospects. Another primary contributor to our solid revenues growth was the significant growth in the number of paying users, which increased from 723 thousand in the fourth quarter of 2019 to 5.2 million in the fourth quarter of 2020. SA Breaking News. Tao Yang - Chairman and Chief Executive Officer. The increase was mainly driven by (i) share-based compensation expenses of US$35.9 million recognized for 2020, and (ii) other components of general and administrative expenses of US$7.1 million for 2020, a 72.6% increase from US$4.1 million for 2019. Yalla Group Ltd - 6-K, Report of foreign issuer-SEC Filings: 15.03. Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle … The increase was primarily driven by the widening of Yalla's and Yalla Ludo's user base and the robust enhancement in Yalla Ludo's monetization capability. Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East … By RTTNews Staff Writer | Published: 3/15/2021 7:27 AM ET . Yalla Group Limited’s shares saw a change of 64.13% in year-to-date performance and have moved -1.42% in past 5-day. "Our fourth quarter revenues grew 150.9% year-over-year to US$48.3 million while our non-GAAP net income reached US$23.3 million with growth of 181.6%. Kerry Gao - Senior IR Manager. Corporate Governance . Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that it will report its unaudited financial results for the fourth quarter and full year 2020 before the U.S. market open on Monday, March 15, 2021. Yalla Group Limited. In-game real-time chats and Ludo chat room functions are popular social networking features among users. For more information, please visit: http://ir.yallatech.ae/. Non-GAAP net income (which exclude share-based compensation expenses) for the fourth quarter of 2020 was US$23.3 million, a 181.6% increase from US$8.3 million for the same quarter last year. Find the latest Earnings Report Date for Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA) at Nasdaq.com. 12, 2021 at 7:38 a.m. The increase was mainly driven by (i) share-based compensation expenses of US$16.3 million recognized for 2020, and (ii) other components of cost of revenues of US$45.0 million for 2020, a 119.0% increase from US$20.5 million for 2019, which was in line with our revenue growth and primarily due to our expanding business scale. Shares of Yalla Group (NYSE:YALA) popped by as much as 15% this morning after the company reported fourth-quarter earnings. The Company's flagship mobile application, Yalla, is specifically tailored for the people and local cultures of the region and primarily features Yalla rooms, a mirrored online version of the majlis or cafés where people spend their leisure time in casual chats. 03/15 06:05. ET by Tomi Kilgore Dow ends 329 points higher, but stocks book worst month since March as … The above outlook is based on the current market conditions and reflects the Company management's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change. Our non-GAAP net margin remained healthy at 48.3%, reflecting our unique monetization strategy, market positioning and strong operating efficiency. The Company, through its wholly-owned subsidiaries, operates a voice-centric social networking and entertainment platform in the Middle East and North Africa region. The increase was mainly driven by (i) share-based compensation expenses of US$3.2 million recognized for the fourth quarter of 2020, and (ii) other components of selling and marketing expenses of US$4.4 million for the fourth quarter of 2020, a 43.9% increase from US$3.1 million for the same quarter last year, which was primarily due to higher advertising and market promotion expenses as a result of our continued user acquisition efforts. 03/15 07:41. The presentation of the non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. Yalla Group Limited is a holding company. Other components of cost of revenues as a percentage of our total revenues slightly increased from 32.4% in 2019 to 33.4% in 2020, primarily due to an increase in commission fee for third-party payment platforms. See the sections entitled "Non-GAAP Financial Measures" and "Reconciliations of Non-GAAP Measures to the Nearest Comparable GAAP Measures" for more information about the non-GAAP measures referred to in this results announcement. Other components of selling and marketing expenses as a percentage of our total revenues decreased from 16.0% in the fourth quarter of 2019 to 9.2% in the same period in 2020, primarily due to organic user acquisition through word-of-mouth referrals and economies of scale. Through close attention to detail and localized appeal that deeply resonates with users, Yalla's mobile applications deliver a seamless user experience that fosters a loyal sense of belonging, creating a highly devoted and engaged user community. Fourth Quarter Ended December 31, 2020 Financial and Operating Highlights. The Company also operates Yalla Ludo, a mobile application featuring online versions of board games that are highly popular in MENA, such as Ludo and Domino. Higher Monthly Active Users, Chatting Services Drive Yalla's Q4 results. Our income tax expense was US$0.33 million in the fourth quarter of 2020, compared with US$0.13 million in the fourth quarter of 2019. Yalla Group Limited (NYSE:YALA) Q3 2020 Earnings Conference Call November 9, 2020 8:00 PM ET. All information provided in this press release is as of the date of this press release, and Yalla Group Limited does not undertake any obligation to update any forward-looking statement, except as required under applicable law. The Company also operates Yalla Ludo, a mobile application featuring online versions of board games that are highly popular in MENA, such as Ludo and Domino. 03/15 06:15. Number of shares sold short was 3.41 Million … Company Participants. The results of that effort will be put on display in this article, as we share valuable insight into the smart money sentiment towards Yalla Group Limited (NYSE:YALA). Our cost of revenues was US$18.4 million in the fourth quarter of 2020, compared with US$5.8 million in the fourth quarter of 2019.The increase was mainly driven by (i) share-based compensation expenses of US$2.2 million recognized for the fourth quarter of 2020, and (ii) other components of cost of revenues of US$16.2 million for the fourth quarter of 2020, a 177.8% increase from US$5.8 million for the fourth quarter of 2019, which was in line with our revenue growth and primarily due to our expanding business scale. Yalla Group Limited will hold a conference call on Monday, March 15, 2021, at 8:00 A.M. Eastern Time or 8:00 P.M. Beijing Time on the same day, to discuss the financial results. DUBAI, UAE, March 1, 2021 / PRNewswire / -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that it will report its unaudited financial results for the fourth quarter and full year 2020 before the U.S. market open on Monday, March 15, 2021. Further, the non-GAAP financial measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. Non-GAAP net income is a non-GAAP financial measure. Kerry Gao - IR Director. Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results… Our average MAUs increased by 295.4% from 4.2 million in the fourth quarter of 2019 to 16.4 million in the fourth quarter of 2020. Non-GAAP net income is a non-GAAP financial measure. Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA). [3] "Paying users" refers to registered users who purchased our virtual items or upgrade services using virtual currencies on our platform at least once in a given period, except for users who receive all of their virtual currencies directly or indirectly from us for free. - Revenues generated from games services in the fourth quarter of 2020 were US$5.7 million. Yalla Group Limited will hold a conference call on Monday, March 15, 2021, at 8:00 A.M. Eastern Time or 8:00 P.M. Beijing Time on the same day, to discuss the financial results. The increase was mainly driven by (i) share-based compensation expenses of US$1.0 million recognized in 2020, and (ii) other components of technology and product development expenses of US$4.2 million for 2020, a 163.2% increase from US$1.6million for 2019, primarily due to an increase in salaries and benefits for our technology and product development staff, which was in turn driven by an expansion of our technology and product development staff due to our increased investment in developing new products and services. Listeners may access the call by dialing the following numbers: The replay will be accessible through March 22, 2021, by dialing the following numbers: A live and archived webcast of the conference call will also be available at the Company's investor relations website at https://ir.yallatech.ae/. Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA). "With the successful IPO event in Dubai generating extensive brand awareness in the Middle East and North Africa region, our highly experienced marketing team maximized this exposure by continually running innovative and deeply resonating campaigns, specifically tailored to the local culture. SEC Filings Quarterly Results Annual Reports Analyst Coverage. Yalla Group Limited (NYSE:YALA) announced its quarterly earnings data on Monday, March, 15th. Yalla Group Limited - ADR to Host Earnings Call. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05), MarketWatch Earnings reports. "2020 concluded with an outstanding fourth quarter, as expansion of our user community and advancement of our monetization capabilities thrusted growth momentum even further, across the board," said Mr.Yang Tao, Founder, Chairman and Chief Executive Officer of Yalla. The Company strives to maintain users' equal status on its platform, thereby encouraging all of them to freely communicate and interact with each other. In addition, paying users increased to 5.2 million and our user base monetization capability advanced in the quarter, demonstrated by rapid sequential ARPPU growth of 38.5% to reach US$9.2. Yalla Group (NYSE:YALA) issued its earnings results on Monday. Yalla Group Limited (NYSE:YALA) Q4 2020 Earnings Conference Call March 15, 2021 8:00 AM ET. Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results PR Newswire – 03/15/2021 DUBAI Yalla Group Limited ( YALA ), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
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