Moorable Inc. Shows Impressive Growth in Q2 Financial Results

Moatable Inc. Reports Strong Financial Performance for Q2 2025
Moatable, Inc. (OTC: MTBLY), a prominent SaaS company in the United States, has announced its impressive financial results for the second quarter of 2025. The company reported a substantial revenue increase, marking a positive trend in its economic performance over the past year.
Financial Highlights of Q2 2025
In the second quarter of 2025, Moatable saw an outstanding revenue growth of 26% compared to Q2 2024, reaching $19.3 million. Over the six months ending in June 2025, the total revenue also grew by 27%, amounting to $37.3 million. This upward trajectory in revenue indicates the effectiveness of Moatable's growth strategies and its ability to capture more market share.
Operating Income Improvements
Notably, the company's gross profit increased by 21% year-over-year, totaling $14.3 million in Q2 2025. For the first half of the year, gross profit reached $27.7 million, which is a 23% increase compared to the same period last year. A significant improvement in the company’s operations was also reported with a turnaround from a loss of $0.8 million in Q2 2024 to a gain of $0.4 million in Q2 2025.
Progress in Profitability
Moatable's adjusted EBITDA demonstrated remarkable progress, with a 100% improvement from a profit of $0.5 million in Q2 2024 to $1.0 million in Q2 2025. This growth reflects Moatable's commitment to streamlining its cost structure and improving overall profitability. The adjusted EBITDA performance for the six months ended in June 2025 was a profit of $0.6 million, compared to $0.5 million last year.
Current Financial Position
As of the end of Q2 2025, Moatable had total cash, cash equivalents, and restricted cash amounting to $22.1 million, down from $31.9 million at the end of 2024. This indicates a need for the company to manage its cash flow efficiently while pursuing growth opportunities.
Statements from Management
Scott Stone, Chief Financial Officer of Moatable, expressed satisfaction with these results, emphasizing the sustained revenue growth observed over the past fourteen quarters. He stated, “We are encouraged by our profitability and the ability to generate net income of $0.4 million in this quarter, compared to a net loss of $0.5 million previously.”
About Moatable, Inc.
Moatable, Inc. operates two innovative SaaS businesses, Lofty and Trucker Path. Its American depositary shares are traded on OTC Pink open market under the symbol 'MTBLY'. For further information about the company, stakeholders can visit Moatable.com.
Frequently Asked Questions
What were the key financial results for Moatable in Q2 2025?
Moatable reported a revenue increase of 26%, reaching $19.3 million, with a gross profit of $14.3 million, a 21% increase year-over-year.
How did Moatable’s profitability change in this quarter?
The company made a net income of $0.4 million in Q2 2025, reversing a loss of $0.5 million seen in the same quarter last year.
What is Adjusted EBITDA and how did it perform?
Adjusted EBITDA for Moatable improved to $1.0 million in Q2 2025 from $0.5 million in Q2 2024, reflecting a successful effort to control costs.
What is the current cash position of Moatable?
The company holds $22.1 million in total cash and cash equivalents as of the end of Q2 2025, compared to $31.9 million at the end of 2024.
What is Moatable, Inc.'s business model?
Moatable operates as a software as a service (SaaS) company serving various markets through its business units, including Lofty and Trucker Path.
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