Bemobi Mobile Tech S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 07:19 pm EDT
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Bemobi Mobile Tech S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was BRL 13.95 million compared to BRL 4.86 million a year ago. Basic earnings per share from continuing operations was BRL 0.16 compared to BRL 0.06 a year ago. Diluted earnings per share from continuing operations was BRL 0.16 compared to BRL 0.06 a year ago.
For the six months, net income was BRL 31.05 million compared to BRL 25.91 million a year ago. Basic earnings per share from continuing operations was BRL 0.35 compared to BRL 0.29 a year ago. Diluted earnings per share from continuing operations was BRL 0.35 compared to BRL 0.29 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. 
