Bemobi Mobile Tech S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 06:21 pm
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Bemobi Mobile Tech S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was BRL 14.89 million compared to BRL 37.06 million a year ago. Basic earnings per share from continuing operations was BRL 0.17 compared to BRL 0.42 a year ago. Diluted earnings per share from continuing operations was BRL 0.17 compared to BRL 0.42 a year ago.
For the nine months, net income was BRL 45.93 million compared to BRL 62.97 million a year ago. Basic earnings per share from continuing operations was BRL 0.52 compared to BRL 0.72 a year ago. Diluted earnings per share from continuing operations was BRL 0.52 compared to BRL 0.72 a year ago.
Bemobi Mobile Tech SA is a Brazil-based company involved in the mobile media and entertainment industry. The Firm is focused on the distribution and monetization of mobile apps, games and digital services. The Company operates in a Business-To-Business-To-Consumer (B2B2C) model, in partnerships with mobile operators. The Companyâs services are divided into three units: Applications and Games, Microfinance and Communications. The Applications and Games unit is focused on subscription-based Apps Club, which offers mobile applications and games provided by the Companyâs content partners, including developers, publishers and distributors. The Microfinance unit provides services for prepaid mobile users, including recharging by credit or debit card and Airtime and Data Advance packages payable at next recharge, among others. The Communications unit provides solutions related to voice calls, such as voicemail and audio to text transcription.
BEMOBI MOBILE TECH S.A. 
