Excluding currency exchange depreciations, revenue would have increased by 11.2% y-o-y.
Winking Studios reported an earnings drop of 70.% y-o-y to US$525,000 from US$1.8 million a year ago in its latest FY2024 ended Dec 31, 2024 results. This is mainly due to the group's IPO expenses from listing on both SGX and LSE, as well as higher marketing expenses.
Revenue was on the uptrend, coming in at US$31.9 million, 8.9% higher y-o-y than US$29.3 million last year.
