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XD Inc. Reports Strong Financial Growth and User Expansion in 2024

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XD Inc. Reports Strong Financial Growth and User Expansion in 2024

Confident Investing Starts Here:

An update from XD, Inc. ( (HK:2400) ) is now available.

XD Inc. announced its audited consolidated results for the year ended December 31, 2024, showing significant financial growth. Revenues increased by 47.9% to RMB 5,012,107,000, and the company turned a profit of RMB 890,491,000 compared to a loss in the previous year. The company’s online games saw a 14.5% increase in average monthly active users, and TapTap PRC’s average app monthly active users grew by 23.0%, although international users decreased by 13.0%. This strong financial performance and user growth underscore XD Inc.’s strengthening position in the digital entertainment market.

More about XD, Inc.

XD Inc. is a company incorporated in the Cayman Islands, primarily engaged in the online gaming industry. It offers a range of digital entertainment services, focusing on online games and the TapTap platform, which is popular in both the PRC and international markets.

YTD Price Performance: 50.30%

Average Trading Volume: 3,983,892

Technical Sentiment Signal: Sell

Current Market Cap: HK$18.24B

For a thorough assessment of 2400 stock, go to TipRanks’ Stock Analysis page.

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