share_log

NIP Group | 6-K: Report of foreign private issuer (related to financial reporting)

NIP Group | 6-K: Report of foreign private issuer (related to financial reporting)

NIP Group | 6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  2024/11/25 19:37

Moomoo AI 已提取核心信息

NIP Group Inc. reported unaudited financial results for H1 2024, with total net revenues increasing 2% YoY to $39.3 million. Net loss narrowed 59% to $4.7 million, driven by a 49% reduction in operating expenses. Event production revenue surged 376.5% to $8.7 million, offsetting declines in esports and talent management segments.Gross profit rose slightly to $2.4 million, with gross margin at 6.0%. Adjusted EBITDA improved to negative $2.6 million from negative $2.7 million in H1 2023. The company ended the period with $6.8 million in cash and cash equivalents.NIP Group highlighted strategic initiatives including its NASDAQ IPO, entry into game publishing, and expansion into the Middle East. Management expressed optimism about future growth prospects, citing investments in event production, game publishing revenue potential starting 2025, and a term sheet with Abu Dhabi Investment Office to accelerate profitability.
NIP Group Inc. reported unaudited financial results for H1 2024, with total net revenues increasing 2% YoY to $39.3 million. Net loss narrowed 59% to $4.7 million, driven by a 49% reduction in operating expenses. Event production revenue surged 376.5% to $8.7 million, offsetting declines in esports and talent management segments.Gross profit rose slightly to $2.4 million, with gross margin at 6.0%. Adjusted EBITDA improved to negative $2.6 million from negative $2.7 million in H1 2023. The company ended the period with $6.8 million in cash and cash equivalents.NIP Group highlighted strategic initiatives including its NASDAQ IPO, entry into game publishing, and expansion into the Middle East. Management expressed optimism about future growth prospects, citing investments in event production, game publishing revenue potential starting 2025, and a term sheet with Abu Dhabi Investment Office to accelerate profitability.
NIP集团有限公司公布了2024年上半年的未经审计财务业绩,总净收入同比增长2%,达到3930万美元。净亏损缩小59%,降至470万美元,这得益于营业费用减少49%。活动制作收入激增376.5%,达到870万美元,抵消了电子竞技和人才管理领域的下降。毛利润小幅上升至240万美元,毛利率为6.0%。调整后的EBITDA改善至负260万美元,较2023年上半年负270万美元有所好转。公司期末现金及现金等价物为680万美元。NIP集团强调其战略举措,包括纳斯达克首次公开募股、进入游戏出版以及拓展中东市场。管理层对未来的增长前景表示乐观,提到了在活动制作、游戏出版的营收潜力自2025年开始投资,以及与阿布扎比投资办公室的协议,以加速盈利能力。
NIP集团有限公司公布了2024年上半年的未经审计财务业绩,总净收入同比增长2%,达到3930万美元。净亏损缩小59%,降至470万美元,这得益于营业费用减少49%。活动制作收入激增376.5%,达到870万美元,抵消了电子竞技和人才管理领域的下降。毛利润小幅上升至240万美元,毛利率为6.0%。调整后的EBITDA改善至负260万美元,较2023年上半年负270万美元有所好转。公司期末现金及现金等价物为680万美元。NIP集团强调其战略举措,包括纳斯达克首次公开募股、进入游戏出版以及拓展中东市场。管理层对未来的增长前景表示乐观,提到了在活动制作、游戏出版的营收潜力自2025年开始投资,以及与阿布扎比投资办公室的协议,以加速盈利能力。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息