Yalla Expects Return To Double-Digit Revenue Growth Next Year As New Gaming Initiative Gains Momentum
Summary
Yalla expects its new mid- and hardcore gaming initiative to begin contributing meaningful revenue in the second half of this year and potentially drive a return to double-digit year-over-year revenue growth by 2027. The company officially launched a desert-themed SLG game (Android in April, iPhone in May) with development partner BlazeAerie and reported encouraging early downloads and feedback, while its in-house match-3 title Turbo Match continues to perform well. Management has increased sales, marketing and R&D spending to scale the new titles, while maintaining a strong cash position (about $806.7M) and an active $150M buyback program. Yalla is also expanding beyond MENA into markets like the U.S. and Europe, establishing a Saudi base and partnering with the Saudi Esports Federation to broaden distribution and esports engagement.