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Archosaur Games Reports 2024 Financial Results with Revenue Growth Amidst Increased Losses

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Archosaur Games Reports 2024 Financial Results with Revenue Growth Amidst Increased Losses

Archosaur Games Inc. ( (HK:9990) ) has shared an announcement.

Archosaur Games Inc. announced its audited consolidated annual results for the year ending December 31, 2024, revealing a 25.6% increase in revenue to RMB 1,141.1 million. Despite the revenue growth, the company reported a net loss of RMB 287.2 million, attributed to increased selling and marketing expenses, which rose by 105.8%. The results indicate a challenging financial year for Archosaur Games, with implications for its operational strategies and market positioning.

More about Archosaur Games Inc.

Archosaur Games Inc. is a company incorporated in the Cayman Islands, primarily operating in the gaming industry. The company focuses on the development and distribution of interactive games and entertainment products.

YTD Price Performance: 35.92%

Average Trading Volume: 746,947

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$1.55B

For detailed information about 9990 stock, go to TipRanks’ Stock Analysis page.

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