AppLovin Focused on Executing for the Long Term, CEO Says

The transcript covers a company's journey over nine years, highlighting a recent $2 billion milestone. Despite a 15% stock drop, the focus remains on long-term execution and growth. The company has expanded from a software platform to acquiring original content, boasting 200 million monthly active users. Revenue grew by 40% last year, with an 83% increase in Q4. While pre-tax income is negative, the company generates positive cash flow and focuses on EBITDA. The CEO emphasizes long-term strategy and investor trust.

What was the company's response to the 15% drop in shares?

• They planned to sell off some assets.

• They focused on executing their long-term plan.

• They decided to change their business strategy.

• They were disappointed and concerned.

What significant change did the company make in 2018?

• They reduced their workforce.

• They shifted to a subscription model.

• They began acquiring original content.

• They started focusing on hardware development.

How many monthly active users do the company's games have?

• 300 million

• 200 million

• 100 million

• 50 million

What was the company's revenue growth in Q4?

• 100% year over year

• 83% year over year

• 60% year over year

• 40% year over year

What financial metric does the company focus on for profitability?

• Net income

• Gross profit

• EBITDA

• Operating income