Mobvista, Inc. (1860) AI Stock Analysis

• Market Cap: HK$14.08B
• Dividend Yield: N/A
• Average Volume (3M): 38.19M
• Price to Earnings (P/E): 57.2
• Beta (1Y): 0.90
• Revenue Growth: 47.52%
• EPS Growth: 15.10%
• Country: HK
• Employees: 711
• Sector: Communication Services
• Sector Strength: 87
• Industry: Advertising Agencies
• EPS (TTM): N/A
• Shares Outstanding: 1,574,154,200
• 10 Day Avg. Volume: 34,377,043
• 30 Day Avg. Volume: 38,193,234
• PEG Ratio: -2.24
• Price to Book (P/B): 6.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.10
• Enterprise Value/Revenue: 0.29
• Enterprise Value/Gross Profit: 4.67
• Enterprise Value/Ebitda: 6.54
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: HK$10.00 ▲(16.96%Upside)

The overall stock score is primarily influenced by strong technical indicators reflecting bullish momentum, although valuation concerns due to a high P/E ratio and lack of dividend yield weigh down the score. Financial performance shows growth potential but is hindered by profitability and cash flow issues.

Mobvista, Inc. Business Overview & Revenue Model

Company Description

Mobvista, Inc. is a leading technology platform providing mobile advertising and data analytics services. The company operates primarily in the digital marketing and advertising sector, offering a range of services designed to empower businesses with tools for effective mobile marketing. Mobvista's core products include programmatic advertising solutions, user acquisition services, and mobile analytics platforms, which help clients optimize their advertising strategies and improve return on investment.

How the Company Makes Money

Mobvista, Inc. generates revenue through a combination of performance-based advertising and data analytics services. The company employs a programmatic advertising model, allowing advertisers to purchase ad space in real-time through automated systems. Revenue is primarily earned from advertisers who use Mobvista's platform to reach targeted audiences, with fees typically structured around impressions, clicks, or conversions. Additionally, Mobvista offers mobile analytics services, providing clients with insights into user behavior and campaign performance, which also contributes to its revenue streams. Key partnerships with app developers, publishers, and brand advertisers enhance Mobvista's ability to deliver effective advertising solutions, fostering a robust ecosystem that supports its business model.

Mobvista, Inc. Financial Statement Overview

Summary

Mobvista, Inc. demonstrates strong revenue growth and operational efficiency, but faces challenges in profitability and cash flow consistency. The balance sheet is stable with manageable leverage, although declining equity suggests potential financial constraints. These factors highlight growth potential but underline the need to address cash flow and profitability for sustainable performance.

Income Statement

Mobvista, Inc. has shown strong revenue growth with a 43% increase from 2023 to 2024. Gross profit margin slightly improved, indicating better cost management. However, net profit margin declined due to higher operational expenses, impacting profitability. EBIT and EBITDA margins are stable, reflecting consistent operational efficiency.

Balance Sheet

The debt-to-equity ratio is moderate, indicating manageable leverage levels. However, the decline in stockholders' equity reflects potential challenges in maintaining financial flexibility. Return on equity has decreased, affecting shareholder returns. The equity ratio suggests a healthy balance between debt and equity.

Cash Flow

Cash flow metrics reveal instability, with zero operating cash flow in 2024, impacting liquidity. Free cash flow has fluctuated, indicating inconsistent cash generation. The operating cash flow to net income ratio is unavailable, posing challenges in assessing cash efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.51B	1.05B	894.40M	755.41M	516.15M
Gross Profit	316.35M	217.29M	177.03M	121.92M	82.14M
EBITDA	62.95M	104.51M	16.15M	2.71M	7.36M
Net Income	15.74M	21.80M	10.19M	-24.76M	-5.21M
Balance Sheet
Total Assets	814.66M	691.55M	602.07M	746.97M	497.61M
Cash, Cash Equivalents and Short-Term Investments	188.54M	185.37M	137.28M	172.52M	93.58M
Total Debt	128.02M	127.66M	87.46M	93.62M	68.01M
Total Liabilities	592.34M	432.44M	354.04M	387.61M	229.80M
Stockholders Equity	215.25M	250.09M	235.40M	336.80M	267.80M
Cash Flow
Free Cash Flow	219.29M	30.08M	17.58M	-12.84M	-20.11M
Operating Cash Flow	284.59M	108.00M	97.89M	42.48M	15.56M
Investing Cash Flow	-81.17M	-75.47M	-99.71M	18.18M	-29.62M
Financing Cash Flow	-185.53M	5.29M	-54.23M	61.14M	-14.30M

Mobvista, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1860, the sentiment is Positive. The current price of 8.55 is above the 20-day moving average (MA) of 7.54, above the 50-day MA of 6.89, and above the 200-day MA of 6.41, indicating a bullish trend. The MACD of 0.45 indicates Negative momentum. The RSI at 67.15 is Neutral, neither overbought nor oversold. The STOCH value of 80.03 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1860.

Mobvista, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1860	68 Neutral	HK$14.08B	57.23	11.91%	―	47.52%	15.10%
1948	66 Neutral	HK$3.02B	29.27	6.63%	0.26%	26.80%	1.89%
6113	63 Neutral	HK$2.78B	122.57	28.69%	0.58%	-2.02%	29.82%
Sector *	62 Neutral	$41.89B	-1.63	-12.07%	3.43%	2.03%	-69.89%
1762	60 Neutral	HK$1.35B	493.75	0.17%	―	22.80%	-87.20%
2422	53 Neutral	HK$615.00M	130.30	-10.11%	―	26.37%	-334.75%
1640	50 Neutral	HK$2.77B	―	-73.54%	―	-7.89%	-272.08%

Mobvista, Inc. Corporate Events

Mobvista Inc. Secures Shareholder Approval for Key Resolutions at EGM

Mobvista Inc. announced that all resolutions proposed at its Extraordinary General Meeting (EGM) held on July 8, 2025, were approved by shareholders. The resolutions included the approval of a Deed of Amendment and related transactions, as well as the issuance and allotment of shares upon exercise of conversion rights attached to certain bonds. This approval signals strong shareholder support for the company’s strategic initiatives and could have implications for its financial structuring and market positioning.

Mobvista Inc. Enhances Governance with Revised Nomination Committee Terms

Mobvista Inc. has revised the terms of reference for its Nomination Committee, initially established in 2018, to enhance its governance structure. The committee is tasked with identifying and recommending board members, evaluating board performance, and developing nomination guidelines, which could strengthen the company’s strategic decision-making and industry positioning.

Mobvista Inc. Announces Extraordinary General Meeting for Strategic Financial Decisions

Mobvista Inc. has announced an Extraordinary General Meeting (EGM) scheduled for July 8, 2025, in Singapore, to consider and potentially approve a Deed of Amendments and related transactions. This meeting will address the issuance and allotment of ordinary shares linked to conversion rights attached to certain bonds, indicating strategic financial maneuvers that could impact the company’s capital structure and shareholder interests.

Mobvista Faces Uncertainty Amid Potential Business Disposal and New U.S. Regulations

Mobvista Inc. has announced that its potential disposal of the Mintegral and marketing technology businesses is still under discussion, with no consensus reached or timetable set. This decision impacts the declaration of a proposed special dividend, which has been deferred. Additionally, new U.S. regulations, including the PADFAA and stricter data transfer rules, could impose more rigorous compliance requirements on Mobvista’s operations, potentially affecting its data traffic, partnerships, and revenue if geopolitical tensions escalate.

Mobvista Inc. Secures Shareholder Approval for Key AGM Resolutions

Mobvista Inc. announced that all resolutions proposed at its Annual General Meeting held on June 13, 2025, were approved by shareholders. The resolutions included the adoption of financial statements, re-election of directors, authorization of director remuneration, reappointment of KPMG as auditor, and granting of mandates for securities issuance and repurchase. This approval reflects strong shareholder support and positions Mobvista for continued strategic operations and governance.

Mobvista Affirms Director’s Position Amidst External Criticism

Mobvista Inc., a company listed on the Hong Kong Stock Exchange, announced that its independent non-executive director, Mr. Sun Hongbin, was publicly criticized by the Stock Exchange for breaching certain Listing Rules in his role with another company, New Century Healthcare Holding Co. Limited. The board of Mobvista has reviewed the situation and concluded that this disciplinary action does not impact Mr. Sun’s ability to serve as a director for Mobvista, as the issues are unrelated to the company’s operations and do not involve dishonesty or integrity concerns. Mr. Sun has agreed to undergo additional training as directed by the Stock Exchange to ensure compliance with regulatory requirements.

Mobvista Inc. Reports Strong Q1 2025 Financial Performance Driven by AI Innovations

Mobvista Inc. reported significant growth in its financial performance for the first quarter of 2025, driven by its advanced AI-based Smart Bidding System. The company’s programmatic advertising platform, Mintegral, saw a substantial year-on-year revenue increase, particularly in the gaming sector, despite a slight quarter-on-quarter decline. The company’s strategic focus on multi-vertical development and overseas expansion in its Mar-Tech business contributed to its robust net profit growth, highlighting its strong business scaling effect and continued momentum.

Mobvista Inc. Schedules Board Meeting to Review Q1 2025 Results

Mobvista Inc. has announced that its Board of Directors will hold a meeting on May 26, 2025, to consider and approve the company’s first quarterly results for the period ending March 31, 2025. This meeting is significant as it will determine the company’s financial performance for the first quarter, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:1860) stock is a Buy with a HK$6.00 price target. To see the full list of analyst forecasts on Mobvista, Inc. stock, see the HK:1860 Stock Forecast page.

Mobvista Inc. Announces 2025 Annual General Meeting Agenda

Mobvista Inc. has announced its upcoming annual general meeting scheduled for June 13, 2025, in Guangzhou, China. Key agenda items include the adoption of the 2024 financial statements, re-election of directors, and re-appointment of KPMG as the company’s auditor. The meeting will also consider resolutions to authorize the board to issue additional shares, which could impact the company’s capital structure and shareholder value.