Yalla Group Ltd is a United Arab Emirates-based entity which is operating as holding company. The Company through its subsidiaries is operating in one segment, which is the social networking and entertainment platform. The Company operates a voice-centric social networking and entertainment platform in the Middle East and North Africa region. The Company’s mobile application, Yalla facilitates online voice-based chatting among users or voice live streaming, and Yalla Ludo provides a platform for board games such as Ludo and Domino. The platform allows individual users free access to the basic functions on the platform. The Company operates its business through Yalla United Arab Emirates (UAE), Hangzhou Yale and Shenzhen Moov. Yalla UAE functions as its primary business operation center and engages in sales, marketing, customer service and other business operations. Hangzhou Yale performs technology and product development functions.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 70.12.
Overvalued
The company’s latest PE is 8.55, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 90.40M shares, decreasing 2.13% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 445.60K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.96.