AirNet Technology Inc. reported its financial results for the year ended December 31, 2024, showing a significant decrease in net revenues from continuing operations. Net revenues fell by 59.4%, declining from $0.9 million in 2023 to $0.4 million in 2024. This decrease was primarily attributed to a slowdown in the company's air travel media network business. Within this segment, revenues from digital TV screens on airplanes decreased from $0.4 million in 2023 to $0.3 million in 2024. The company's net loss attributable to AirNet Technology Inc.'s shareholders widened to $13.3 million in 2024, compared to a net loss of $574,000 in 2023. AirNet Technology Inc. noted that its quarterly and annual operating results have fluctuated significantly and may continue to do so due to factors such as the performance of new business ventures, the seasonality of air travel, and consumer spending trends in China. The company emphasized that its historical consolidated results might not be indicative of future performance, considering the unpredictable nature of its business environment.