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Sungy Mobile 4Q 2013 revenues up 63%

Sungy Mobile Ltd. (NASDAQ: GOMO) said that for its fourth quarter 2013, its total revenues increased by 63.5 percent to RMB98.9m (USD16.3m) from RMB60.5m in the prior year period.

Revenues from mobile application products and services increased by 230.7 percent to RMB50.9m (USD8.4m) from RMB15.4m in the prior year period.

Net income increased by 76.4 percent to RMB30.8m (USD5.1m) from RMB17.5m in the prior year period.

Adjusted earnings before interest and tax, or adjusted EBIT1 increased by 228.9 percent to RMB34.9m (USD5.8m) from RMB10.6m in the prior year period.

Sungy Mobile is a provider of mobile Internet products and services globally with a focus on applications and mobile platform development.


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