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Pop Culture Group ( (CPOP) ) just unveiled an update.
Pop Culture Group Co., Ltd reported a significant increase in revenue for the six months ended December 31, 2024, with total revenue reaching $41.8 million, a 74% increase from the previous year. This growth was driven by a 92% increase in live entertainment revenue, attributed to successful events like the ‘Super Music Heroes’ concert series, and a 76% rise in digital entertainment revenue due to increased online promotion budgets. However, other revenue streams saw a decline, primarily due to the absence of digital collectible sales.
More about Pop Culture Group
Pop Culture Group Co., Ltd is a diversified performing arts and entertainment company based in China, focusing on promoting pan-Chinese pop culture. The company operates through various segments including live entertainment events, digital entertainment services, artist management, and film and television content production. It has a significant presence in mainland China and is gradually expanding into Hong Kong and overseas markets.
Average Trading Volume: 69,142
Technical Sentiment Signal: Sell
Current Market Cap: $7.81M
See more insights into CPOP stock on TipRanks’ Stock Analysis page.