Moatable, Inc. ( (MTBLY) ) has released its Q2 earnings. Here is a breakdown of the information Moatable, Inc. presented to its investors.
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Moatable, Inc. is a Cayman Islands-based company operating in the SaaS sector, primarily through its subsidiaries Lofty and Trucker Path, which provide real estate sales acceleration and client lifecycle management, as well as trip planning and navigation services for truckers, respectively. The company recently released its earnings report for the quarter ending June 30, 2025, highlighting a notable increase in SaaS revenue compared to the previous year. Moatable reported a total revenue of $19.3 million for the quarter, up from $15.3 million in the same period last year, driven by growth in both subscription and advertising services across its platforms. Despite the revenue growth, the company faced challenges with a net income of $435,000, reflecting a significant improvement from the net loss of $492,000 in the same quarter of the previous year. This improvement was largely attributed to increased operational efficiency and cost management. Looking ahead, Moatable’s management remains cautiously optimistic, focusing on expanding its market presence and enhancing its service offerings to sustain growth in the competitive SaaS landscape.