AppLovin, a company that makes ads for apps, is doing really well! It started with mobile games but now makes tons of money from ads for all kinds of apps and websites. They recently sold their game business for a huge amount, focusing completely on advertising.
- AppLovin's ad revenue increased a lot last year.
- They're making a lot of profit – almost half of their income is profit!
- They plan to expand their advertising to more areas like online shopping and car ads.
- They are also working on making their ad technology even better using smart computers (AI).
Fact | Number |
---|---|
Stock increase in last year | Over 500% |
2024 Q4 Revenue | $1.37 Billion |
2024 Q4 Ad Revenue | $999.5 Million |
2025 Revenue Prediction | $1.3 Billion to $1.5 Billion |