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Ourgame International Reports 2024 Financial Results Amid Strategic Expansions

Story Highlights
  • Ourgame focuses on card and board games, enhancing user experiences and forming strategic partnerships.
  • Despite increased revenue, Ourgame faces rising losses but expands into live broadcasts for new revenue.
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Ourgame International Reports 2024 Financial Results Amid Strategic Expansions

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An announcement from Ourgame International Holdings Ltd ( (HK:6899) ) is now available.

Ourgame International Holdings Ltd reported its annual results for 2024, highlighting a 3.6% increase in revenue but a significant rise in losses attributable to equity holders. Despite the financial challenges, the company has made strategic advancements by deepening its presence in the card and board games sector and forming a partnership with Migu for the game ‘Guandan,’ which has rapidly grown in popularity. Additionally, Ourgame has positioned its live broadcast business as a strategic focus, integrating game content with live events to attract users and explore new revenue streams.

More about Ourgame International Holdings Ltd

Ourgame International Holdings Ltd is a company incorporated in the Cayman Islands, primarily engaged in the card and board games industry. It focuses on providing diversified and sociable gaming experiences, optimizing technology, and enhancing user engagement in its core business, Ourgame Hall. The company also explores new sectors and strategic partnerships to expand its market presence.

Technical Sentiment Signal: Sell

Current Market Cap: HK$200.2M

For a thorough assessment of 6899 stock, go to TipRanks’ Stock Analysis page.

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