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Color Star Technology Reports Significant Financial Loss for 2024

Story Highlights
  • Color Star Technology reported a net loss of $22.8 million for the six months ending December 31, 2024.
  • The company’s total assets decreased significantly, and revenue dropped to zero compared to the previous period.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Color Star Technology Reports Significant Financial Loss for 2024

Elevate Your Investing Strategy:

Color Star Technology ( (ADD) ) just unveiled an announcement.

On June 25, 2025, Color Star Technology Co., Ltd. released its unaudited interim financial statements for the six months ending December 31, 2024. The report highlights a significant financial downturn, with a net loss of $22.8 million compared to the previous year’s $21.1 million loss. The company’s total assets decreased from $27.6 million to $15.3 million, and revenue dropped to zero from $1.06 million in the previous period. This financial performance could impact the company’s market position and stakeholder confidence.

More about Color Star Technology

Color Star Technology Co., Ltd. operates within the technology industry, focusing on providing entertainment and education services through its digital platforms.

Average Trading Volume: 1,125,848

Technical Sentiment Signal: Sell

Current Market Cap: $29.43M

See more insights into ADD stock on TipRanks’ Stock Analysis page.

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