Mobvista (1860) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended 30 June 2026 reached US$1,155.5 million, up 23.2% year-over-year, driven by strong growth in the programmatic advertising platform Mintegral, which contributed 97.3% of Ad-tech revenue.

• Adjusted net profit rose 39.5% year-over-year to US$52.1 million, and adjusted EBITDA increased 9.4% to US$96.5 million.

• The company continues to focus on AI-driven advertising and SaaS Mar-tech tools, with a strategic emphasis on supporting small and medium-sized developers globally.

Financial highlights

• Gross profit increased 23.3% year-over-year to US$247.9 million, with a gross margin of 21.5%.

• Operating profit was US$43.9 million, and profit attributable to equity holders was US$46.7 million, up 44.8% year-over-year.

• Net cash flow from operating activities rose 18.7% to US$99.5 million.

• No interim dividend was declared for the period.

Outlook and guidance

• The company aims to further strengthen Mintegral’s competitive advantage in Ad-tech, expand Mar-tech SaaS offerings globally, and maintain its focus on AI-driven innovation.

• Strategic priorities include enhancing smart bidding systems, expanding into non-gaming verticals, and upholding data privacy and compliance standards.