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

Reuters
05-19
<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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gamehaus Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN90811) on May 19, 2025, and is solely responsible for the information contained therein.

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