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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues $ 273,134,908 $ 134,927,410 $ 63,464,574
Costs and expenses      
Cost of revenues (95,144,945) (61,270,887) (20,553,319)
Selling and marketing expenses (42,404,862) (21,701,852) (8,250,130)
General and administrative expenses (38,271,252) (42,974,825) (4,120,693)
Technology and product development expenses (14,286,120) (5,221,124) (1,597,658)
Total costs and expenses (190,107,179) (131,168,688) (34,521,800)
Operating income 83,027,729 3,758,722 28,942,774
Interest income 111,881 202,474 390,227
Government grants 1,419,837 99,277  
Investment income 54,824 13,994 27,568
Income before income taxes 84,614,271 4,074,467 29,360,569
Income tax expense (2,019,911) (861,081) (435,766)
Net income 82,594,360 3,213,386 28,924,803
Net loss attributable to non-controlling interests 6,318    
Accretion of redeemable convertible preferred shares (note 9)   (1,577,026) (1,940,252)
Dividends distributed to redeemable convertible preferred shareholders   (3,704,083)  
Net income (loss) attributable to Yalla Group Limited's shareholders $ 82,600,678 $ (2,067,723) $ 26,984,551
Earnings (loss) per ordinary share      
-Basic $ 0.56 $ (0.02) $ 0.22
-Diluted $ 0.46 $ (0.02) $ 0.22
Weighted average number of shares outstanding used in computing earnings (loss) per ordinary share      
-Basic 148,739,986 91,755,810 73,393,941
-Diluted 179,899,466 91,755,810 73,393,941
Other comprehensive income (loss)      
Foreign currency translation adjustments, net of nil income taxes $ 146,021 $ 368,771 $ 25,412
Unrealized holding gains on short-term investments, net of income taxes of US$6,892, US$3,498 and US$541 for the years ended December 31, 2019, 2020 and 2021, respectively 1,622 10,496 30,527
Less: reclassification adjustment for gains on short-term investments realized in net income, net of income taxes of US$6,892, US$3,498 and US$541 for the years ended December 31, 2019, 2020 and 2021, respectively (1,622) (10,496) (20,676)
Other comprehensive income, net of income taxes 146,021 368,771 35,263
Comprehensive income 82,740,381 3,582,157 28,960,066
Less: comprehensive loss attributable to non-controlling interests 6,318    
Comprehensive income attributable to Yalla Group Limited's shareholders $ 82,746,699 $ 3,582,157 $ 28,960,066