As of Q4'25 (2025-12-31), APP reported revenue of USD 1.33B, representing a year-over-year decline of -2.9%. This marks the first negative YoY revenue growth in the period covered. From Q1'23 to Q4'25, APP's revenue demonstrated a strong upward trend, rising from USD 715.41M in Q1'23 to a peak of USD 1.48B in Q1'25. Year-over-year revenue growth was robust throughout 2023 and 2024, consistently exceeding 35% and reaching as high as 47.9% in Q1'24. However, growth began to decelerate in 2025, with YoY increases dropping to 16.5% in Q2'25 and 17.3% in Q3'25, before turning negative in Q4'25, indicating a possible inflection point or normalization after a period of rapid expansion.