← Yalla Group Ltd
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | $20.2m | $28.9m | $3.2m | $82.6m | $79.0m | $113.1m | $134.2m | $148.1m | — | $148.1m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $20.2m |
$27.0m
+33.31%
|
($2.1m)
-107.66%
|
$82.6m
+4094.77%
|
$79.8m
-3.44%
|
$117.3m
+47.13%
|
$135.7m
+15.63%
|
$149.8m
+10.43%
|
— | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | ($6k) | — | — | — | — | — | — | |
| Adjustments to reconcile profit (loss) | — | — | $48.4m | $16.9m | $3.0m | $26.6m | $25.9m | $38.2m | $36.8m | — | |
| Amortization of Intangible Assets | — | — | — | — | $31k | $263k | $267k | $273k | — | — | |
| Depreciation | $26k | $174k | $262k | $850k | $1.1m | $1.8m | $1.1m | $1.5m | $22.1m | $1.5m | |
| Amortization Cash Flow | — | — | — | — | $31k | $263k | $267k | $273k | — | — | |
| Amortization Of Intangibles | — | — | — | — | $31k | $263k | $267k | $273k | — | $273k | |
| Depreciation Amortization Depletion | — | — | — | — | $1.1m | $2.0m | $1.3m | $1.8m | — | $1.8m | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | $0 | $2.1m | $776k | — | $776k | |
| Deferred taxes | — | — | ($3.2m) | ($3.8m) | ($3.0m) | ($6.8m) | ($256k) | $1.5m | ($1.5m) | — | |
| Deferred Tax | — | — | — | — | — | $0 | $2.1m | $776k | — | $776k | |
| Share-based Payment Arrangement, Noncash Expense | — | — | $60.8m | $43.9m | $26.7m | $17.9m | $14.7m | $10.3m | — | $10.3m | |
| Share-based Payment Arrangement, Expense | — | — | — | $43.9m | $26.7m | $17.9m | $14.7m | $10.3m | — | $10.3m | |
| Share-based compensation | — | — | $60.8m | $43.9m | $26.7m | $17.9m | $14.7m | $10.3m | $5.5m | $10.3m | |
| Share-based compensation granted on business acquisition | — | — | $0 | ($1.3m) | $0 | — | — | — | — | $10.3m | |
| Impairment loss of investments | — | — | — | — | $705k | $2.5m | $0 | $0 | — | — | |
| Impairment of goodwill and intangibles | — | — | — | — | — | — | $0 | $5.1m | $41.1m | — | |
| Asset Impairment Charge | — | — | — | — | $705k | $2.5m | $0 | $0 | — | $0 | |
| Changes in operating assets and liabilities: | |||||||||||
| Change In Working Capital | — | — | — | — | $11.2m | $4.5m | $19.6m | ($19.0m) | — | ($19.0m) | |
| Change In Receivables | — | — | — | — | $0 | ($110k) | $110k | $0 | — | $0 | |
| Increase (Decrease) in Accounts Payable | $315k | $292k | $849k | $2.8m | $990k | ($4.5m) | $30k | $109k | — | $109k | |
| Change In Payables And Accrued Expense | — | — | — | — | $10.6m | ($851k) | $15.1m | ($9.9m) | — | $109k | |
| Purchases of property and equipment, accrued but unpaid | — | $428k | $1.0m | $1.5m | $1.6m | $1.3m | $706k | $2.0m | — | ($2.3m) | |
| Deferred revenue | $2.5m | $2.6m | $7.3m | $11.6m | $11.0m | $10.6m | $11.5m | ($1.1m) | — | — | |
| Accrued expenses and other current liabilities | $529k | $982k | $4.1m | $8.8m | $8.9m | $4.3m | $6.8m | ($2.2m) | — | — | |
| Change In Accrued Expense | — | — | — | — | $8.6m | $4.3m | $6.8m | ($2.2m) | — | ($2.2m) | |
| Prepayments and other current assets | ($256k) | ($1.6m) | ($11.7m) | ($6.6m) | ($6.8m) | ($6.3m) | ($6.0m) | ($6.5m) | — | — | |
| Other assets | — | — | — | — | ($2.6m) | $2.4m | — | ($250k) | — | — | |
| Other | — | — | $0 | ($138k) | ($533k) | $0 | ($290k) | $0 | — | — | |
| Change In Other Current Assets | — | — | — | — | ($2.6m) | $2.4m | $0 | ($250k) | — | ($250k) | |
| Change In Other Current Liabilities | — | — | — | — | ($996k) | ($1.3m) | ($1.1m) | ($1.3m) | — | ($1.3m) | |
| Net Cash Provided by (Used in) Operating Activities | $23.4m |
$31.3m
+33.80%
|
$64.8m
+107.13%
|
$144.2m
+122.62%
|
$119.5m
-17.12%
|
$139.3m
+16.54%
|
$172.8m
+24.04%
|
$137.5m
-20.41%
|
$25.8m
-81.22%
|
$137.5m
+432.53%
|
|
| Cash flows from investing activities: | |||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | $0 | ($85k) | ($5k) | ($5k) | $63k | $18k | $515k | ($3.3m) | |
| Payments to Acquire Property, Plant, and Equipment | ($204k) | $428k | $1.0m | $1.5m | $1.6m | $1.3m | $706k | $2.0m | ($1.4m) | ($2.3m) | |
| Gain (Loss) on Investments | — | — | — | $55k | $21k | $1.7m | ($2.8m) | $3.3m | — | ($3.3m) | |
| Interest income of held-to-maturity debt securities | — | — | — | — | — | ($364k) | ($2.9m) | ($2.4m) | — | — | |
| Payments to Acquire Investments | — | — | — | $1.8m | $3.0m | $50.1m | $93.5m | $13.7m | — | ($489.2m) | |
| Purchases of short-term investments | ($2.0m) | ($5.9m) | ($3.7m) | ($21.0m) | ($29.6m) | ($100.6m) | ($28.3m) | ($277.7m) | — | — | |
| Purchase of long-term investments | — | — | — | ($1.8m) | ($3.0m) | ($50.1m) | ($93.5m) | ($13.7m) | — | — | |
| Proceeds from maturity of short-term investments | $1.7m | $5.0m | $4.5m | $18.9m | $6.4m | $117.7m | $18.9m | $238.4m | — | — | |
| Business acquisitions, net of cash acquired | — | — | ($15.2m) | $0 | ($15.7m) | ($14.4m) | $0 | ($6.4m) | ($10.9m) | — | |
| Business divestiture, cash disposed | — | — | — | — | — | — | — | $0 | ($951k) | — | |
| Net cash (used in) provided by investing activities | ($1.9m) | ($2.8m) | $2.5m | ($5.4m) | ($62.6m) | ($226.1m) | $18.6m | ($45.1m) | — | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($2.8m) | $2.5m | ($5.4m) | ($62.6m) | ($226.1m) | $18.6m | ($45.1m) | ($13.6m) | ($45.1m) | |
| Cash flows from financing activities: | |||||||||||
| Realized foreign exchange (gain) loss on repayment of long-term debt | — | — | $81k | ($879k) | ($250k) | $861k | ($26k) | $580k | ($604k) | — | |
| Repayment of other long-term debt | — | — | — | — | — | — | — | ($450k) | ($350k) | — | |
| Issuance Of Capital Stock | — | — | — | $0 | $0 | — | — | — | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | ($1.6m) | ($8.5m) | ($13.9m) | ($56.6m) | — | ($56.6m) | |
| Common Stock Issuance | — | — | — | $0 | $0 | — | — | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | ($1.6m) | ($8.5m) | ($13.9m) | ($56.6m) | — | ($56.6m) | |
| Payments for Repurchase of Common Stock | — | — | — | $25.4m | $1.6m | $8.5m | $13.9m | $56.6m | — | — | |
| Common Stock Payments | — | — | — | — | ($1.6m) | ($8.5m) | ($13.9m) | ($56.6m) | — | ($56.6m) | |
| Common Stock Dividend Paid | — | — | — | $0 | $0 | — | — | — | — | — | |
| Dividends paid | — | — | $9 | — | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | $0 | $0 | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | ($227k) | — | $13k | — | — | — | $13k | |
| Net cash (used in) from financing activities | — | — | $4.9m |
$3.4m
-30.72%
|
$27.9m
+715.33%
|
($11.3m)
-140.57%
|
— | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($6.4m) |
($200k)
+96.86%
|
$123.8m
+61984.34%
|
($24.6m)
-119.84%
|
$371k
+101.51%
|
($7.6m)
-2135.96%
|
($12.8m)
-69.76%
|
($55.5m)
-332.54%
|
($14.7m)
+73.42%
|
($55.5m)
-276.28%
|
|
| Net (decrease) increase in cash and cash equivalents and restricted cash | — | $28.3m | $191.6m | $114.6m | $55.8m | ($94.9m) | $178.0m | $38.2m | — | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $114.6m | $55.8m | ($94.9m) | $178.0m | $38.2m | — | $528.6m | |
| Cash, beginning of year | — | — | ($4.0m) | ($1.9m) | $10.8m | $4.9m | ($13.7m) | $7.1m | ($3.1m) | — | |
| Beginning Cash Position | — | — | — | — | $351.5m | $407.3m | $312.3m | $490.4m | — | $490.4m | |
| Cash and cash equivalents and restricted cash at the beginning of the year | — | $45.3m | $236.9m | $351.5m | $407.3m | $312.3m | $490.4m | $528.6m | — | — | |
| Effect of foreign currency exchange rate changes on cash and cash equivalents and restricted cash | — | $38k | $537k | $281k | ($1.6m) | ($591k) | ($525k) | $1.3m | — | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $312.3m | $490.4m | $528.6m | — | $528.6m | |
| Restricted cash | — | — | $47k | ($1.0m) | ($21k) | $424k | $2.0m | $1.6m | — | — | |
| Total cash and cash equivalents and restricted cash shown in the statement of cash flows | — | — | — | $351.5m | $407.3m | $312.3m | $490.4m | $528.6m | — | — | |
| Effect of exchange rate changes on cash | — | — | $579k | ($308k) | ($77k) | $1.1m | ($29k) | $636k | ($596k) | $1.3m | |
| Effect Of Exchange Rate Changes | — | — | — | — | ($1.6m) | ($591k) | ($525k) | $1.3m | — | $1.3m | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Income Tax Expense (Benefit) | — | $436k | $861k | $2.0m | $2.6m | $2.7m | $13.9m | $4.0m | — | — | |
| Reduction in the carrying amount of operating lease right-of-use assets | — | — | — | $927k | $829k | $1.3m | $1.1m | $1.2m | — | — | |
| Operating lease liabilities | — | — | — | ($678k) | ($996k) | ($1.3m) | ($1.1m) | ($1.3m) | — | — | |
| Operating lease right-of-use assets acquired in operating lease | — | — | — | $2k | $2.1m | $3.8m | $86k | $1.7m | — | — | |
| Changes in non-cash working capital items | — | — | $5.7m | ($86k) | ($1.1m) | $2.3m | ($10.2m) | $10.2m | ($11.0m) | — | |
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Proceeds from Stock Options Exercised | — | — | — | $1.1m | $2.0m | $946k | $1.1m | $1.1m | — | — | |
| General and Administrative Expense | — | $4.1m | $43.0m | $38.3m | $36.6m | $36.8m | $37.4m | $39.0m | — | — | |
| Investment Income, Interest | — | $390k | $202k | $112k | $3.3m | $19.8m | $28.7m | $25.7m | — | — | |
| Proceeds from Contributed Capital | — | — | $7k | — | — | — | — | — | — | — | |
| Investment (income) loss | — | ($28k) | ($14k) | ($55k) | ($21k) | ($1.7m) | $2.8m | ($3.3m) | — | — | |
| Amount due from a related party | — | — | — | — | — | ($110k) | $110k | — | — | — | |
| Amounts due to a related party | — | — | — | — | $777k | ($693k) | $87k | ($43k) | — | — | |
| Income taxes payable | — | — | — | — | $252k | ($20k) | $8.2m | ($7.8m) | — | — | |
| Purchase of intangible asset | — | — | — | — | ($1.4m) | ($68k) | ($30k) | ($105k) | — | — | |
| Purchase of term deposits | ($2.9m) | ($7.7m) | — | — | ($20.0m) | ($292.0m) | ($181.9m) | ($197.8m) | — | — | |
| Proceeds from maturity of term deposits | $1.5m | $6.3m | $2.7m | — | — | $100.5m | $304.2m | $208.0m | — | — | |
| Proceeds from exercise of share options | — | — | — | $1.1m | $2.0m | $946k | $1.1m | $1.1m | — | — | |
| Repurchase of ordinary shares | — | — | — | ($25.4m) | ($1.6m) | ($8.5m) | ($13.9m) | ($56.6m) | — | — | |
| Payments of initial public offering costs | — | ($200k) | ($2.3m) | ($227k) | — | — | — | — | — | — | |
| Net (loss) earnings | — | — | ($39.7m) | ($17.3m) | ($15.5m) | ($30.1m) | ($16.7m) | $1.3m | ($38.8m) | — | |
| Change in fair value of contingent consideration | — | — | — | — | $0 | $9.2m | ($3.8m) | ($5.6m) | ($2.1m) | — | |
| Net financial expenses | — | — | $231k | $242k | $4.6m | $9.3m | $11.9m | $8.9m | $9.5m | — | |
| Unrealized foreign exchange loss (gain) | — | — | $273k | $1.3m | $299k | ($318k) | $153k | ($966k) | $1.0m | — | |
| Cash settlement of RSUs, DSUs and PSUs | — | — | — | — | — | $0 | ($371k) | ($264k) | $0 | — | |
| Additions to intangibles | — | — | ($49k) | ($166k) | ($1.4m) | ($849k) | ($41k) | ($239k) | ($316k) | — | |
| Advances on the Credit Facility, net of related transaction costs | — | — | $64.1m | $53.5m | $156.8m | $98.7m | $148.3m | $102.7m | $61.4m | — | |
| Repayment of the Credit Facility | — | — | ($54.4m) | ($49.9m) | ($146.5m) | ($97.5m) | ($159.1m) | ($110.3m) | ($50.8m) | — | |
| Repayment of secured loans | — | — | — | — | — | — | — | ($8.5m) | $0 | — | |
| Repayment of balances of purchase price payable | — | — | — | — | — | — | — | ($4.3m) | ($7.7m) | — | |
| Repayment of lease liabilities, including lease termination costs | — | — | ($1.8m) | ($1.4m) | ($2.7m) | ($3.7m) | ($5.8m) | ($4.6m) | ($3.8m) | — | |
| Exercise of stock options | — | — | $165k | $300k | $299k | $346k | $6k | $0 | $100k | — | |
| Shares purchased for settlement of RSUs | — | — | — | $0 | $0 | ($29k) | $0 | ($148k) | ($205k) | — | |
| Shares purchased for cancellation | — | — | — | $0 | ($1.2m) | ($1.0m) | ($953k) | ($402k) | ($5.2m) | — | |
| Financial expenses paid | — | — | — | — | $3.5m | $8.1m | ($11.0m) | ($8.0m) | ($8.1m) | — | |
| Cash, end of year | — | — | $12.8m | $8.8m | $17.7m | $17.7m | $8.9m | $16.0m | $12.8m | — | |
| Forgiveness of PPP loans | — | — | $0 | ($1.9m) | ($5.9m) | $0 | — | — | — | — | |
| Loss on disposal of intangibles | — | — | $28.0m | $0 | $262k | $0 | — | — | — | — | |
| Right-of-use assets | — | — | $222k | $0 | ($132k) | $0 | — | — | — | — | |
| Proceeds from issuing shares | — | — | — | — | $24.7m | $0 | — | — | — | — | |
| Lease incentives | — | — | $0 | $917k | $0 | — | — | — | — | — | |
| Interest accretion on balances of purchase payable | — | — | $318k | $835k | $823k | — | — | — | — | — | |
| Gain on sale of subsidiary | — | — | ($681k) | $0 | — | — | — | — | — | — | |
| Short-term deposits | — | — | $1.3m | $0 | — | — | — | — | — | — | |
| Line of credit and demand loan drawn (repaid) | — | — | ($3.2m) | $0 | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | $371k | ($7.6m) | ($12.8m) | ($55.5m) | — | ($55.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | ($62.6m) | ($226.1m) | $18.6m | ($45.1m) | — | ($45.1m) | |
| Change In Account Payable | — | — | — | — | $990k | ($4.5m) | $30k | $109k | — | $109k | |
| Change In Other Working Capital | — | — | — | — | $10.0m | $10.6m | $11.5m | ($1.1m) | — | ($1.1m) | |
| Change In Payable | — | — | — | — | $2.0m | ($5.2m) | $8.3m | ($7.7m) | — | $109k | |
| Change In Prepaid Assets | — | — | — | — | ($6.8m) | ($6.3m) | ($6.0m) | ($6.5m) | — | ($6.5m) | |
| Change In Tax Payable | — | — | — | — | $252k | ($20k) | $8.2m | ($7.8m) | — | ($7.8m) | |
| Changes In Cash | — | — | — | — | $57.4m | ($94.4m) | $178.6m | $37.0m | — | $37.0m | |
| End Cash Position | — | — | — | — | $407.3m | $312.3m | $490.4m | $528.6m | — | $528.6m | |
| Financing Cash Flow | — | — | — | — | $371k |
($7.6m)
-2135.96%
|
($12.8m)
-69.76%
|
($55.5m)
-332.54%
|
— | ($55.5m) | |
| Free Cash Flow | — | — | — | — | $103.2m | $137.7m | $172.0m | $135.2m | — | $135.2m | |
| Gain Loss On Investment Securities | — | — | — | — | ($21k) | ($1.7m) | $2.8m | ($3.3m) | — | ($3.3m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | $5k | $5k | ($63k) | ($18k) | — | ($18k) | |
| Investing Cash Flow | — | — | — | — | ($62.6m) | ($226.1m) | $18.6m | ($45.1m) | — | ($45.1m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | ($1.4m) | ($68k) | ($30k) | ($105k) | — | ($105k) | |
| Net PPE Purchase And Sale | — | — | — | — | ($15.0m) | ($1.6m) | ($696k) | ($2.2m) | — | ($2.2m) | |
| Operating Gains Losses | — | — | — | — | ($16k) | ($1.7m) | $2.7m | ($3.3m) | — | ($3.3m) | |
| Other Non Cash Items | — | — | — | — | $829k | $980k | ($1.9m) | ($1.2m) | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | $2.0m | $946k | $1.1m | $1.1m | — | $1.1m | |
| Purchase Of Intangibles | — | — | — | — | ($1.4m) | ($68k) | ($30k) | ($105k) | — | ($105k) | |
| Purchase Of PPE | — | — | — | — | ($15.0m) | ($1.6m) | ($814k) | ($2.2m) | — | ($2.3m) | |
| Sale Of PPE | — | — | — | — | $0 | $15k | $118k | $38k | — | $38k | |
| Stock Based Compensation | — | — | — | — | $26.7m | $17.9m | $14.7m | $10.3m | — | $10.3m | |
| Net Investment Purchase And Sale | — | — | — | — | ($46.1m) | ($224.5m) | $19.3m | ($42.8m) | — | ($42.8m) | |
| Purchase Of Investment | — | — | — | — | ($52.6m) | ($442.7m) | ($303.7m) | ($489.2m) | — | ($489.2m) | |
| Sale Of Investment | — | — | — | — | $6.4m | $218.2m | $323.0m | $446.4m | — | $446.4m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | $13k | — | — | — | — | |
| Cash and cash equivalents | $17.0m | $45.3m | $236.9m | $351.5m | $407.3m | $311.9m | $488.4m | $527.0m | — | $490.4m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | $55.8m | ($94.9m) | $178.0m | $38.2m | — | — | |
| Interest paid | — | — | $1.6m | $1.8m | $3.1m | — | — | — | — | — | |
| Income Taxes Paid, Net | $567 | $29k | $850k | $1.8m | $2.4m | $2.7m | $3.6m | $11.0m | ($72k) | — |