$YALA
Yalla Group Ltd
CIK:0001794350|SEC Filings
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Revenues | $ 341,938,110 | $ 339,675,845 | $ 318,877,564 |
| Costs and expenses | |||
| Cost of revenues | (111,925,930) | (120,471,064) | (114,527,174) |
| Selling and marketing expenses | (34,550,017) | (31,347,919) | (45,382,752) |
| General and administrative expenses | (38,974,500) | (37,424,491) | (36,808,454) |
| Technology and product development expenses | (34,270,468) | (29,030,758) | (25,804,995) |
| Total costs and expenses | (219,720,915) | (218,274,232) | (222,523,375) |
| Operating income | 122,217,195 | 121,401,613 | 96,354,189 |
| Interest income | 25,661,745 | 28,673,905 | 19,833,520 |
| Government grants | 931,407 | 800,160 | 337,355 |
| Investment income (loss) | 3,310,028 | (2,805,945) | 1,728,308 |
| Impairment loss of investments | 0 | 0 | (2,509,480) |
| Income before income taxes | 152,120,375 | 148,069,733 | 115,743,892 |
| Income tax expense | (3,980,531) | (13,918,526) | (2,685,456) |
| Net income | 148,139,844 | 134,151,207 | 113,058,436 |
| Net loss attributable to non-controlling interests | 1,695,147 | 1,533,034 | 4,284,341 |
| Net income attributable to Yalla Group Limited's shareholders | $ 149,834,991 | $ 135,684,241 | $ 117,342,777 |
| Earnings per ordinary share | |||
| -Basic | $ 0.96 | $ 0.85 | $ 0.74 |
| -Diluted | $ 0.83 | $ 0.74 | $ 0.65 |
| Weighted average number of shares outstanding used in computing earnings per ordinary share | |||
| -Basic | 155,977,062 | 160,429,693 | 159,264,843 |
| -Diluted | 180,082,810 | 183,156,324 | 181,800,240 |
| Other comprehensive (loss) income | |||
| Foreign currency translation adjustments, net of nil income taxes | $ 1,387,871 | $ (676,043) | $ (656,974) |
| Other comprehensive (loss) income, net of income taxes | 1,387,871 | (676,043) | (656,974) |
| Comprehensive income | 149,527,715 | 133,475,164 | 112,401,462 |
| Less: comprehensive loss attributable to non-controlling interests | 1,687,269 | 1,534,238 | 4,300,686 |
| Comprehensive income attributable to Yalla Group Limited's shareholders | $ 151,214,984 | $ 135,009,402 | $ 116,702,148 |
CONSOLIDATED BALANCE SHEETS - USD ($) |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 526,972,019 | $ 488,379,894 |
| Restricted cash | 1,625,525 | 1,975,616 |
| Term deposits | 84,800,000 | 94,983,813 |
| Short-term investments | 141,251,128 | 70,932,713 |
| Prepayments and other current assets | 41,659,226 | 35,429,988 |
| Total current assets | 796,307,898 | 691,702,024 |
| Non-current assets | ||
| Property and equipment, net | 14,976,818 | 13,962,393 |
| Intangible asset, net | 728,348 | 896,005 |
| Operating lease right-of-use assets | 1,902,655 | 1,370,914 |
| Long-term investments | 82,053,772 | 93,698,924 |
| Other assets | 250,000 | 0 |
| Total non-current assets | 99,911,593 | 109,928,236 |
| Total assets | 896,219,491 | 801,630,260 |
| Current liabilities | ||
| Accounts payable | 1,066,625 | 957,717 |
| Deferred revenue, current | 55,178,093 | 58,081,649 |
| Operating lease liabilities, current | 357,525 | 1,012,481 |
| Amounts due to a related party | 44,177 | 87,156 |
| Income taxes payable | 1,319,111 | 9,117,261 |
| Accrued expenses and other current liabilities | 30,350,120 | 32,404,872 |
| Total current liabilities | 88,315,651 | 101,661,136 |
| Non-current liabilities | ||
| Deferred revenue, non-current | 1,837,543 | |
| Operating lease liabilities, non-current | 1,095,245 | 13,495 |
| Deferred income tax liabilities | 2,924,137 | 2,148,022 |
| Total non-current liabilities | 5,856,925 | 2,161,517 |
| Total liabilities | 94,172,576 | 103,822,653 |
| Shareholders' equity of Yalla Group Limited | ||
| Additional paid-in capital | 339,199,644 | 328,883,061 |
| Treasury stock | (42,497,929) | (49,438,661) |
| Accumulated other comprehensive loss | (1,636,586) | (3,016,579) |
| Retained earnings | 515,197,658 | 427,907,766 |
| Total shareholders' equity of Yalla Group Limited | 810,278,701 | 704,352,124 |
| Non-controlling interests | (8,231,786) | (6,544,517) |
| Total equity | 802,046,915 | 697,807,607 |
| Total liabilities and equity | 896,219,491 | 801,630,260 |
| Class A Ordinary shares [Member] | ||
| Shareholders' equity of Yalla Group Limited | ||
| Ordinary Shares | 13,441 | 14,064 |
| Class B Ordinary shares [Member] | ||
| Shareholders' equity of Yalla Group Limited | ||
| Ordinary Shares | $ 2,473 | $ 2,473 |