Gamehaus Holdings Inc. Reports 23.1% Drop in Revenue and 61.7% Decrease in Net Income for First Nine Months of Fiscal 2025

Reuters
19 May
<a href="https://laohu8.com/S/GMHS">Gamehaus Holdings Inc</a>. Reports 23.1% Drop in Revenue and 61.7% Decrease in Net Income for First Nine Months of Fiscal 2025

Gamehaus Holdings Inc., a technology-driven mobile game publisher, reported its interim financial results for the first nine months of fiscal year 2025, ending on March 31, 2025. The company recorded a total revenue of $87.4 million, marking a 23.1% decrease from $113.6 million during the same period in the prior fiscal year. In-app purchases contributed $78.5 million to the total revenue, while advertising revenue accounted for $8.9 million. The net income for this period was $2.3 million, a decline from $6.0 million in the corresponding period of the previous year. Operating costs and expenses were reduced by 20.6%, amounting to $85.4 million, down from $107.5 million in the same period of the last fiscal year. Net cash generated from operating activities was $0.8 million, compared to $3.7 million in the previous year. Looking ahead, Gamehaus provided a business outlook for the fourth quarter of fiscal year 2025, expecting total revenue to be in the range of approximately $27.5 million to $30 million. The company continues to explore new business models and potential cooperation opportunities for sustained development.

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