Vs Media Holdings Limited's (VSME) Outlook

Company Name, Ticker, Customers, else..

Vs Media Holdings Limited (NASDAQ: VSME)

Sector • Services Industry • Advertising

Industry • Advertising

Sector • Services

Vs Media Holdings Limited Outlook

On May 1 2024 the Vs Media Holdings Limited provided following guidance

VS MEDIA has reported its financial results for fiscal year 2023, with a total revenue of $7.99 million. The revenue from campaign-based marketing services saw a significant growth of 12.7% year-over-year, reaching $4.40 million. In particular, the revenue from campaign-based marketing services in Hong Kong SAR saw an impressive growth of 105.7% to $2.16 million.

Looking ahead to fiscal year 2024, VS MEDIA expects its revenue to increase by 20%. This growth will be driven by the expansion of cross-regional brand partnerships, the utilization of AI-enabled digital content, and the recovery of the social commerce sector. Additionally, the company has announced a share repurchase program, with authorization to purchase up to 500,000 of the company's Class A Ordinary Shares.

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.