As of press time, the stock rose by more than 4%, closing at $1.03.
According to the Zhitong Finance APP, on Monday, the stock price of GMM.US rose, rising by more than 6% at one point. As of press time, the stock rose more than 4%, closing at $1.03. As of March 31, 2024, the total revenue of GMM was $19.919 million, a year-on-year increase of 55.33%; net income attributable to the parent company was $10.3194 million, a year-on-year increase of 1859.4%.
GMM announced that the company is promoting a major strategic transformation, positioning itself as a digital content operator driven by AI technology, and focusing on providing virtual content production and 3D digital asset development services for upstream and downstream partners in the digital content industry. In recent years, GMM has adhered to the strategy of empowering the digital content industry with AI, actively transitioning to cutting-edge fields such as AI, and launching a series of products such as the Gausspeed and Mofy Lab platforms.