mm2’s revenue for FY2024 ended March jumped 49% y-o-y to $197.6 million, which includes a 15% growth in Core Content, a 145% growth in Digital Entertainment and a 155% growth in Concerts and Events businesses.
“While we have not reached our destination of full profitability yet, this year’s financial results demonstrate that we are firmly on the road to recovery,” says executive chairman Melvin Ang.
“We will continue our unwavering commitment to implementing strategic changes for long-term sustainability and value creation for our shareholders,” he says.
“Our focus in FY2025, and beyond, is rebuilding shareholder value and trust within the market,” he adds.
See also: Creative guides for ‘similar level of operating loss’ for 2HFY2025
As at 3.11pm, shares in mm2 Asia are trading 0.1 cent lower or 4.54% down at 2.1 cents.
