Core Viewpoint - 汇量科技 (01860) has seen a significant stock price increase, reaching a new high of 19.79 HKD, driven by strong financial performance in the first half of the year [1] Financial Performance - In the first half of the year, the company achieved revenue of 938 million USD, a substantial year-on-year growth of 47% [1] - Adjusted EBITDA for the same period was 88.68 million USD, reflecting a 41% increase compared to the previous year [1] - Mintegral, a key segment of the company, generated revenue of 897 million USD, marking a 48.6% year-on-year growth [1] - Within Mintegral, the gaming category performed particularly well, with revenue of 662 million USD, a significant increase of 51.7% year-on-year [1] - Non-gaming verticals contributed 236 million USD, accounting for 26% of Mintegral's total revenue [1] Market Position and Growth Drivers - The company is recognized as a leading player in the global programmatic advertising market, leveraging intelligent bidding strategies to capture incremental budgets from both mid-to-heavy gaming and non-gaming advertisers [1] - Analysts from Guohai Securities highlight the company's growth potential, suggesting that the intelligent bidding system driven by AI continues to evolve, enhancing the company's flywheel effect and scale [1] - Based on the expansion of the intelligent bidding system and the growth in non-gaming verticals, analysts from Kaisheng Securities have revised upward their profit forecasts for 2025-2026 and introduced projections for 2027, indicating confidence in Mintegral's ongoing revenue contributions [1]
汇量科技涨近5%创新高 智能出价产品带来快速增长 机构看好公司成长空间