BloomZ reports FY24 revenue $1.5M vs. $896,000 last year

“Following a strong first half of the year, we are pleased to announce our fiscal year 2024 results, which demonstrated growth across our audio production, talent management, and internet VTuber management business,” said BloomZ (BLMZ) CEO Kazusa Aranami. “As we kick off 2025, our focus remains on driving our project portfolio through active marketing and involvement in upcoming animation projects. Over the past year, we have established several strategic partnerships that we believe will strengthen our production capabilities and presence in the industry, and we intend to pursue similar partnership opportunities this year. We are also exploring new initiatives to expand the content creation capabilities of our VTuber business to enhance our visibility, influence, and reach towards new consumers. Despite the growth of our businesses, a fundamental factor that prevented us from achieving more in the past year was the manpower shortage that inhibited our ability to fully capitalize on emerging business opportunities. To address this issue, our priority for fiscal year 2025 will be to recruit additional management-level personnel to expand our bandwidth and enhance our capability to manage multiple projects simultaneously, which in turn is expected to strengthen our revenue-generating potential. To further improve the margins of our audio production business, we plan to promote our affiliated voice actors and talent through new initiatives aimed at boosting their personal brand recognition, which we anticipate will attract more work opportunities in the long term. Meanwhile, we expect our VTuber business to continue to demonstrate strong potential with its high-margin performance. We aim to expand our portfolio of affiliated VTubers to sustain and accelerate growth in this sector. In addition, we intend to remain focused on executing our strategy and further establishing our presence within our industry.”