In fact, Sea shares had nearly tripled over the course of the year, fueled by strong revenue growth and a rapid return to profitability. Recent results are impressiveAlthough we don't have full-year 2025 results just yet, Sea's latest numbers show why the stock continues to beat the market. Overall, Sea's revenue increased by 40% year-over-year, while adjusted EBITDA grew by a stellar 68%. For example, ad revenue in the Shopee business grew by more than 70% and is a high-margin driver of growth. The bottom line is that Sea's growth has been excellent over the past couple of years, and its profitability has improved even further.