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Starbox Group Holdings Ltd. (Nasdaq: STBX), a Southeast Asian technology solutions provider, announced its financial results for the fiscal year ended September 30, 2023. The company reported a significant increase in total revenue, which rose by 63.2% to $11.7 million, up from $7.2 million in the previous fiscal year. The increase was attributed to the company's innovative strategies and diversification, particularly in technology-driven operations and recent acquisitions. Despite a challenging environment for digital advertising, strategic acquisitions contributed an additional $2.2 million in revenue. However, net income decreased to $2.1 million from $3.6 million in the previous year. The number of advertisers decreased, but the number of members and merchants on the GETBATS platform saw slight increases. The company completed a notable acquisition of 51% equity interests in One Eighty Holdings Ltd on June 26, 2023. Starbox Group's CEO, Lee Choon Wooi, expressed confidence in the company's direction and focus on enhancing technology services and platform capabilities. The financial report was filed with the U.S. Securities and Exchange Commission as part of a Form 6-K for February 2024.
Starbox Group Holdings Ltd. (Nasdaq: STBX), a Southeast Asian technology solutions provider, announced its financial results for the fiscal year ended September 30, 2023. The company reported a significant increase in total revenue, which rose by 63.2% to $11.7 million, up from $7.2 million in the previous fiscal year. The increase was attributed to the company's innovative strategies and diversification, particularly in technology-driven operations and recent acquisitions. Despite a challenging environment for digital advertising, strategic acquisitions contributed an additional $2.2 million in revenue. However, net income decreased to $2.1 million from $3.6 million in the previous year. The number of advertisers decreased, but the number of members and merchants on the GETBATS platform saw slight increases. The company completed a notable acquisition of 51% equity interests in One Eighty Holdings Ltd on June 26, 2023. Starbox Group's CEO, Lee Choon Wooi, expressed confidence in the company's direction and focus on enhancing technology services and platform capabilities. The financial report was filed with the U.S. Securities and Exchange Commission as part of a Form 6-K for February 2024.
东南亚技术解决方案提供商星盒集团控股有限公司（纳斯达克股票代码：STBX）公布了截至2023年9月30日的财年财务业绩。该公司报告总收入大幅增长，从上一财年的720万美元增长了63.2％，至1170万美元。增长归因于公司的创新战略和多元化，尤其是在技术驱动的业务和最近的收购方面。尽管数字广告的环境充满挑战，但战略收购又带来了220万美元的收入。但是，净收入从去年的360万美元降至210万美元。广告商的数量减少了，但GETBATS平台上的会员和商家数量略有增加。该公司于2023年6月26日完成了对One Eighty Holdings Ltd51％股权的重大收购。Starbox集团首席执行官李春宇表示对公司的发展方向充满信心，并专注于增强技术服务和平台能力。该财务报告是作为2024年2月6-K表格的一部分向美国证券交易委员会提交的。
东南亚技术解决方案提供商星盒集团控股有限公司（纳斯达克股票代码：STBX）公布了截至2023年9月30日的财年财务业绩。该公司报告总收入大幅增长，从上一财年的720万美元增长了63.2％，至1170万美元。增长归因于公司的创新战略和多元化，尤其是在技术驱动的业务和最近的收购方面。尽管数字广告的环境充满挑战，但战略收购又带来了220万美元的收入。但是，净收入从去年的360万美元降至210万美元。广告商的数量减少了，但GETBATS平台上的会员和商家数量略有增加。该公司于2023年6月26日完成了对One Eighty Holdings Ltd51％股权的重大收购。Starbox集团首席执行官李春宇表示对公司的发展方向充满信心，并专注于增强技术服务和平台能力。该财务报告是作为2024年2月6-K表格的一部分向美国证券交易委员会提交的。
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