Mega Matrix Inc. Achieves Record Revenue in 2024, Expands Global Reach

Mega Matrix ( (MPU) ) just unveiled an update.

Mega Matrix Inc. reported a record high total annual revenue of $36.2 million for the fiscal year 2024, with significant contributions from membership and top-up streaming services. The Asia-Pacific and North American markets were major revenue contributors. The company achieved a gross profit of $21.0 million, reflecting a 58.09% gross profit margin. In 2024, Mega Matrix expanded its global presence through strategic partnerships, including a joint venture with 9Yards for a $100 million investment fund and collaboration with Telkomsel to distribute content in Indonesia. These efforts have strengthened its market positioning and are expected to drive future growth.

More about Mega Matrix

Mega Matrix Inc. (NYSE American: MPU) is a holding company that operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary Yuder Pte, Ltd. The company is headquartered in Singapore and focuses on delivering short drama content tailored for vertical viewing.

YTD Price Performance: -52.14%

Average Trading Volume: 138,718

Technical Sentiment Signal: Buy

Current Market Cap: $23.29M

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