Mobvista Subsidiary, Mintegral, Reports Record-High Revenue in Q4 2022
Amid the current headwinds facing the macro-global economy in 2022, Mintegral continued to grow with a recorded revenue of $215.1 million in Q4 2022, an increase of 12.95% compared to the Q4 2021 ($190.5 million) and an increase of 7.96% compared to the Q3 2022 (US$199.3 million).
- Amid the current headwinds facing the macro-global economy in 2022, Mintegral continued to grow with a recorded revenue of $215.1 million in Q4 2022, an increase of 12.95% compared to the Q4 2021 ($190.5 million) and an increase of 7.96% compared to the Q3 2022 (US$199.3 million).
- The revenue of non-hyper-casual games increased by 57.7% YoY in Q4 2022.
- 47.8% of the total revenue was driven by non-hyper-casual verticals, making it a 13.5% increase compared to Q4 2021.
- The overall operating expenses in H2 2022 are expected to decrease by approximately 16% (unaudited) compared to H1 2022.