Color Star Technology Co., Ltd. released its unaudited condensed consolidated financial results for the six months ended December 31, 2024. The company reported no revenue for this period, a significant decrease from the $1.06 million recorded in the same period in 2023. The company also reported a net loss of $22.82 million, compared to a net loss of $21.12 million in the previous year. The results highlight a gross profit reduction, moving from $267,042 in 2023 to zero in 2024. Selling, general, and administrative expenses increased to $3.90 million from $3.63 million the previous year. Additionally, the allowance for credit losses decreased significantly to $740,000 from $15.79 million in 2023. The company also reported an impairment loss of intangible assets amounting to $14.63 million, with no such loss recorded in the previous year. No outlook or guidance was provided in the report regarding future performance.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。