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Inke Ltd. ( (HK:3700) ) has issued an announcement.
Inkeverse Group Limited announced its annual results for the year ended December 31, 2024, reporting a slight increase in revenue to RMB 6.85 billion. Despite a decrease in operating profit by 48.1% and a reduction in profit for the year by 45.9%, the company saw a significant rise in intangible assets, primarily due to cryptocurrencies. The average monthly active users decreased by 8.6%, but the average monthly revenue per user increased by 9.6%, indicating a shift in user engagement strategies.
More about Inke Ltd.
Inkeverse Group Limited, incorporated in the Cayman Islands, is a company listed on the Main Board of The Stock Exchange of Hong Kong. The company is involved in providing digital entertainment services, with a focus on increasing average monthly revenue per user through its major products.
YTD Price Performance: -29.63%
Average Trading Volume: 1,145
Technical Sentiment Signal: Sell
Current Market Cap: €351.8M
Learn more about 3700 stock on TipRanks’ Stock Analysis page.