VS Media Holdings Limited Class A ( (VSME) ) has issued an update.
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VS Media Holdings Limited announced its unaudited financial results for the first half of 2024, revealing a 14.10% increase in revenue compared to the same period in 2023. Despite the revenue growth, the company faced a net loss of $3,338,473, attributed to rising costs and operating expenses, impacting its profitability and highlighting operational challenges.
More about VS Media Holdings Limited Class A
VS Media Holdings Limited operates in the digital marketing industry, providing marketing services and social commerce solutions. The company focuses on campaign-based and optimization-based marketing services for brands and social media platforms, generating revenue through service fees and product sales.
YTD Price Performance: -61.83%
Average Trading Volume: 1,416,258
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.02M
For an in-depth examination of VSME stock, go to TipRanks’ Stock Analysis page.