BAIOO Family Interactive Reports 2024 Financial Results Amid Revenue Decline

BAIOO Family Interactive ( (HK:2100) ) has issued an update.

BAIOO Family Interactive Limited announced its audited consolidated results for the year ended December 31, 2024, revealing a significant decline in revenue by 30.3% to RMB 545,294,000 and a gross profit decrease of 20.7%. Despite a reduction in operating loss by 22.3%, the company experienced an increase in adjusted net loss and adjusted EBITDA, indicating financial challenges. The balance sheet highlights a slight decrease in total assets and equity, with a marginal increase in total liabilities, suggesting a need for strategic adjustments to improve financial stability.

More about BAIOO Family Interactive

BAIOO Family Interactive Limited is a company incorporated in the Cayman Islands with limited liability, focusing on interactive entertainment products and services. The company operates primarily in the People’s Republic of China, providing a range of digital entertainment offerings.

YTD Price Performance: 123.08%

Average Trading Volume: 4,410,149

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.55B

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