QYOU Media ( (TSE:QYOU) ) has issued an update.
QYOU Media reported a record annual revenue of $31 million for 2024, marking the highest in its history, driven by its influencer marketing business in the US and India. The company achieved a 109% increase in adjusted EBITDA, reflecting its strategic shift away from less profitable ventures like gaming. This financial performance underscores the success of its repositioning strategy and sets the stage for further growth, particularly with the anticipated listing of its subsidiary, Chatterbox, on the BSE in 2025.
More about QYOU Media
QYOU Media Inc. operates in India and the United States, producing and distributing content created by social media stars and digital content creators. The company focuses on influencer marketing business units in the US and India.
YTD Price Performance: -36.67%
Average Trading Volume: 14,735
Technical Sentiment Signal: Strong Buy
Current Market Cap: $14.73M
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