VS MEDIA Announces Fiscal Year 2023 Financial Results
VS Media Holdings Limited (VSME)
Company Research
Source: GlobeNewswire
Full year revenue of $7.99 millionCampaign-based marketing services revenue grew 12.7% yoy to $4.40 millionRevenue of campaign-based marketing services in HK SAR grew 105.7% to $2.16 millionExpects FY24 revenue to increase by 20% driven by growth in cross regional brand partnership, AI-enabled digital content and recovery in social commerceAnnounces share repurchase program with authorization to purchase up to 500,000 of the Company’s Class A Ordinary Shares HONG KONG, April 30, 2024 (GLOBE NEWSWIRE) -- VS Media Holdings Limited (NASDAQ:VSME) ("VS Media" or the "Company") today announced its financial results for the fiscal year ended December 31, 2023. “Fiscal 2023 was a challenging year as our business was negatively impacted by weakened market sentiment, decrease in client spending and the temporary suspension of our social commerce business,” said Ivy Wong, Founder and CEO of VS Media. “That said, we believe the worst is behind us. As 2024 continues to unfold, we expect strong
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VSME
Sec Filings
- 6/10/24 - Form 6-K
- 5/31/24 - Form 6-K
- 4/30/24 - Form 20-F
- VSME's page on the SEC website