Core Insights - Yalla Group Limited, the largest MENA-based online social networking and gaming company, will report its unaudited financial results for Q3 2024 on November 11, 2024 [1] - A conference call to discuss the financial results will be held on the same day at 8:00 PM Eastern Time [2] Company Overview - Yalla Group Limited operates two main mobile applications: Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming app featuring popular board games in MENA [3] - The company has expanded its offerings through Yalla Game Limited, focusing on mid-core and hard-core games, and has developed additional products like YallaChat and WeMuslim to cater to Arabic users [3] - Yalla is also exploring markets outside MENA with games like Yalla Parchis, targeting South American users [3]

Financial Data and Key Metrics Changes - The company's Q2 2024 revenues reached USD 81.2 million, a 2.5% increase from USD 79.2 million in Q2 2023, exceeding guidance [5][17] - Net income increased by 10.9% to USD 31.4 million in Q2 2024 compared to USD 28.3 million in the same period last year [16][20] - Net margin rose by 2.9 percentage points year-over-year to 38.6% in Q2 2024 [6][16] Business Line Data and Key Metrics Changes - Average monthly active users increased by 14.1% year-over-year to 39 million, indicating strong user engagement [11] - The average revenue per user (ARPU) grew from USD 5.8 in Q2 2023 to USD 6.6 in Q2 2024 [17] Market Data and Key Metrics Changes - The gaming sector in MENA is experiencing significant growth, with the company focusing on mid-core and hard-core games to capture this potential [8] - The company has successfully hosted offline events, such as the Ludo Champion Offline Tournament series, attracting over 150,000 registered players [12] Company Strategy and Development Direction - The company aims to become the largest online social networking and entertainment company in MENA, focusing on user engagement and product innovation [10] - There is a commitment to leveraging AI technology to enhance productivity, particularly in UI design [9] - The company is exploring opportunities in overseas markets, particularly in South America, while maintaining a primary focus on the Middle East [29] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the performance of flagship applications Yalla and Yalla Ludo, expecting Q3 2024 to outperform Q2 [24][25] - The company anticipates revenues for Q3 2024 to be between USD 75 million and USD 82 million, reflecting current market conditions [21] Other Important Information - The company has a solid cash position of USD 528.7 million as of June 30, 2024 [20] - A share repurchase program totaling USD 35.5 million has been executed as of June 30, 2024 [21] Q&A Session Summary Question: Could management elaborate more on the sales and marketing strategy and trends in 2024? - Management emphasized a quality growth strategy, focusing on optimizing sales and marketing efficiency, with expectations to maintain similar expense levels for the second half of 2024 [22] Question: How are the company's key products performing in Q3 and what's the outlook for 2024? - Management indicated that Yalla and Yalla Ludo are performing well, with expectations for Q3 to outperform Q2 [24][25] Question: What is Yalla Game's strategy and timeline for new games? - Management shared that resources are being allocated to self-developed mid-core games, with testing planned by the end of the year [27] Question: Will the company consider expanding outside the Middle East? - Management confirmed a focus on the Middle East but is exploring opportunities in other markets, such as South America [29] Question: How does the company view capital allocation regarding shareholder returns versus new initiatives? - Management stated a commitment to shareholder returns through the share repurchase program while exploring new initiatives that align with MENA culture [31][32] Question: Are there further plans for online and offline tournaments for Yalla Ludo? - Management confirmed ongoing tournaments and plans for more events in the second half of the year to enhance brand impact and user engagement [34]

DUBAI, UAE, Aug. 12, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operating Highlights Revenues were US$81.2 million in the second quarter of 2024, representing an increase of 2.5% from the second quarter of 2023. Revenues generated from chatting ser ...

DUBAI, UAE, Aug. 2, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the second quarter 2024 after the U.S. market closes on Monday, August 12, 2024. United States Toll Free: +1-888-317-6003 International: +1-412-317-6061 United Arab Emirates Toll Free: 80-003-570-3589 Mainland China Toll Free: 400-120-6115 ...

Operator This concludes the conference call. You may now disconnect your lines. Thank you. Yalla Group Limited Q1 2024 Results Conference Call May 20, 2024 8:00 PM ET Company Participants Kerry Gao - Investor Relations Director Tao Yang - Chairman & CEO Saifi Ismail - Director & President Yang Hu - Chief Financial Officer Jianfeng Xu - Director & COO Conference Call Participants Xueqing Zhang - CICC Chenghao Li - CICC Xiaoyue Hu - Haitong Kaifang Jia - Citic Lincoln Kong - Goldman Sachs Operator Good mornin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

Yalla Group Limited (NYSE:YALA) Q4 2023 Earnings Conference Call March 11, 2024 8:00 PM ET Corporate Participants Kerry Gao - IR Manager Tao Yang - Chairman and Chief Executive Officer Saifi Ismail - President Jianfeng Xu - Chief Operating Officer Karen Hu - Chief Financial Officer Conference Call Participants Chang Ho Lee - CICC Xu Qiang Song - CICC Kaifang Jia - CIPIC Xiaoyue Hu - Haitong International Lincoln Kong - Goldman Sachs Operator Good morning and good evening ladies and gentlemen. Thank you for ...

Financial Data and Key Metrics - Q3 2023 revenues reached an all-time high of $85 2 million, a 6 4% increase YoY, driven by user base expansion and enhanced monetization capabilities [22][60] - Net income increased by 44 3% YoY to $35 2 million, with net margin improving to 41 4% [15][32] - ARPU grew from $6 89 in Q3 2022 to $7 35 in Q3 2023 [60] - Total costs and expenses decreased by 5% YoY to $52 8 million, with cost of revenues down 6 1% to $27 8 million [43] - Operating income increased by 32 3% YoY to $32 4 million, while non-GAAP operating income rose 20 4% to $35 4 million [67] Business Line Performance - Yalla and Yalla Ludo maintained strong performance, with operational events like Islamic New Year and National Day events enhancing user engagement [18][50] - Merge Kingdoms ranked in the top 10 strategic games in Gulf countries, while Age of Legends topped Google Play's role-playing games category in Saudi Arabia, UAE, and Oman [13] - Midcore and hardcore games are not yet substantial revenue contributors but show significant growth potential [13][16] Market Performance - MENA gaming market generates $7 2 billion in annual revenue with a 6 9% YoY growth rate, making it one of the fastest-growing markets globally [45] - TikTok has significantly impacted the MENA market, particularly in live streaming and short video segments [3][74] Strategy and Industry Competition - The company is committed to deepening its presence in midcore and hardcore games, with plans to accelerate new game launches and explore partnerships with gaming studios [16][39][83] - MENA's digital transformation and economic development present significant opportunities, with Yalla leveraging its local insights and strong cash position to drive growth [11][57][59] - Competition, particularly from TikTok, is seen as an opportunity to innovate and strengthen leadership in the region [8][74] Management Commentary on Operating Environment and Future Outlook - MENA's rapid digital transformation and economic development are key drivers for future growth, with the region attracting increasing global interest [11][38][64] - The company remains confident in its ability to capture new opportunities and deliver sustainable value to stakeholders [11][57] - For Q4 2023, revenues are expected to be between $73 million and $80 million, reflecting current market conditions and preliminary estimates [77] Other Important Information - The company repurchased 1 7 million shares in Q3 2023, totaling $8 5 million, as part of its $150 million share repurchase program [6][21] - Yalla established a Sustainable Account for Cash Management with Standard Chartered, aligning with its commitment to sustainability [41][46] Q&A Session Summary Question: Growth potential of Yalla and Yalla Ludo - Yalla and Yalla Ludo have shown strong user loyalty and are expected to enjoy long life cycles due to their localization strategies [27][69] Question: Financial outlook for revenue growth and net profit margin - The company expects to maintain a net margin of 35% or above in 2024, with revenue growth supported by current businesses and new opportunities [56][61][70] Question: Competition from TikTok and Jaco - TikTok has significantly impacted live streaming and short video products in MENA, while Jaco does not directly compete with Yalla [74][99] Question: Performance of midcore and hardcore games - Merge Kingdoms and Age of Legends have shown strong rankings in Gulf countries, but their revenue contribution remains limited compared to flagship applications [71] Question: Balance between profitability and business investment - The company maintains a prudent approach to investments, focusing on high-quality opportunities while ensuring profitability [72] Question: Development of short plays in overseas markets - Short plays are still in early stages in MENA, with potential for growth as the market matures [97] Question: Competitive trends in the MENA market - The MENA market is attracting more resources and talent, with increasing collaboration opportunities among industry players [93]

Lincoln Kong So the management team discussed this trend after increasing interest from global Internet companies to the Middle East market during this prepared remarks session. How is this going to affect Yalla's stability in the region? How do you see the competitive landscape changing under this context? Tao Yang Thank you very much, Lincoln. As we discussed in our remarks session, MENA's macro environment is very good, and the local government's vocation to development is strong. More and more resources ...

Logan Ye - Manager, Investor Relations Tao Yang - Chairman and CEO Saifi Ismail - Director and President Karen Hu - CFO Jeff Jianfeng - Chief Operating Officer Thomas Shen - Nomura Xueqing Zhang - CICC Chenghao Li - CICC Xiaoyue Hu - Haitong Kaifang Jia - CITIC Edward Wang - Credit Suisse Good morning and good evening ladies and gentlemen. Thank you for standing by for Yalla Group Limited First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management' ...