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Vividthree reduces 1HFY2023 loss to $1.34 million

The Edge Singapore
The Edge Singapore • 1 min read
Vividthree reduces 1HFY2023 loss to $1.34 million
Clients' interests have "improved meaningfully".
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Vividthree Holdings has reported a reduced loss of $1.34 million for 1HFY2023 ended Sept 30, compared to $1.81 million in the red this time last year.

The improved showing can be attributed to better operating performance, with revenue up 53.6% y-o-y to $1.8 million, led by more revenue booked in the company's post-production segment

"We will continue to work on our roadmap to recovery and take the right steps to scale, innovate, and grow our business in the years ahead," says Jonathan Zhang, who took over as the CEO on Aug 22. He was previously the deputy CEO.

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