Ourgame (06899) announced the interim performance of its indirect non-wholly-owned subsidiary, Allied Gaming & Entertainment Inc. (AGAE) as of June 30, 2024, with a total revenue of 501.89 million US dollars, a year-on-year increase of 12.49%.
According to the announcement by ourgame (06899), as of June 30, 2024, its indirect non-wholly-owned subsidiary, Allied Gaming & Entertainment Inc. (AGAE), had a total revenue of $501.89 million for the six months ended June 30, 2024, a year-on-year increase of 12.49%. Ordinary shareholders had a net loss of $5.5024 million, an increase of 112.86% year-on-year.
The personal experience revenue decreased by about 12% from approximately 2.5 million US dollars for the six months ended June 30, 2023 to approximately 2.2 million US dollars for the six months ended June 30, 2024. Due to a decrease in events held during the six months ended June 30, 2024, the venue and truck activities revenue decreased by 0.3 million US dollars, resulting in a decrease in personal experience revenue during the period.