Ourgame Subsidiary Reports Widening Net Loss

Ourgame International Holdings Ltd (HK:6899) has released an update.

Ourgame International Holdings Limited’s subsidiary, Allied Gaming & Entertainment Inc., has reported its financial outcomes, revealing a net loss for both the first half and second quarter of 2024. The results, which show a steeper loss compared to the previous year, reflect the company’s revenues and expenses across various segments including in-person gaming, multiplatform content, and casual mobile gaming. Investors might note the significant increase in general and administrative expenses and the overall net loss attributable to common stockholders.

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