Core Insights - The company reported strong performance for the third quarter ending September 30, 2025, with revenue of $532 million, a year-on-year increase of 27.6% [1] - Gross profit reached $111 million, reflecting a 26.4% year-on-year growth, while adjusted EBITDA surged to $47.05 million, marking a significant increase of 37.3% compared to the same period in 2024 [1] - The core business segment, particularly the programmatic platform Mintegral, showed robust revenue growth, contributing $508 million, which is 95.5% of total revenue and a 26.2% increase year-on-year [1] Business Structure - The company has diversified its advertising client base, achieving notable breakthroughs in multi-vertical development strategies, leading to a more balanced business layout [2] - Revenue from the gaming category reached $384 million, accounting for 75.7% of Mintegral's total revenue, with a year-on-year growth of 30.5%, while non-gaming revenue was $124 million, up 14.5% year-on-year [2] - The introduction of four AI and machine learning-based smart bidding products since May 2023 has significantly optimized advertising effectiveness, with over 80% of Mintegral's revenue now coming from these products, driving business growth [1][2] Future Outlook - The company is expected to further solidify its leading position in the programmatic advertising sector as AI and machine learning technologies continue to be integrated into advertising strategies, enhancing market recognition and driving high-quality growth [2]
汇量科技(01860)Q3营收5.32亿美元，AI和机器学习算法撑起Mintegral增长空间