QYOU Media (QYOU) Q4 2024 earnings summary

Executive summary

• Achieved record annual revenue of $31.5 million for FY 2024, the highest in company history, driven by US and India influencer marketing units.

• Strategic shift to profitable business lines and discontinuation of gaming operations contributed to improved financial performance.

• Three consecutive quarters of positive adjusted EBITDA, reflecting operational momentum.

Financial highlights

• Adjusted EBITDA for FY 2024 increased 109% year-over-year to $415,186, up from a loss of $4.7 million in FY 2023.

• Net loss improved by $1.79 million (18%) year-over-year, despite tax charges and impairment costs from gaming business exit.

• Cash used in operating activities decreased to $188,752 from $1.79 million in the prior year; year-end cash balance was $946,784, up from $736,713.

Outlook and guidance

• Management anticipates continued growth and new milestones in 2025, leveraging momentum from influencer marketing and the upcoming Chtrbox listing on the BSE.