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111, Inc. has an official-source baseline, but the report keeps the decision focused on filings: revenue quality, operating income, cash conversion, balance-sheet risk and the next update.
OpenYalla filed 2025 revenue of $341.9 million, operating income of $122.2 million, net income of $148.1 million and cash of $527.0 million. The thesis depends on whether social and gaming engagement can remain durable while competition and regional platform risk
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