Allied Gaming & Entertainment Inc. (AGAE)
NASDAQ: AGAE · Real-Time Price · USD
0.5215
-0.0079 (-1.49%)
May 5, 2026, 10:02 AM EDT - Market open
Allied Gaming & Entertainment Earnings Call Transcripts
Fiscal Year 2024
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Q3 2024 saw 93% revenue growth, driven by strong event and mobile gaming demand, but a net loss of $4.0 million due to settlement and FX losses. Strategic investments and new event launches are expected to drive future growth.
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Q2 2024 revenue rose 11% sequentially to $2.6M, driven by mobile gaming growth, but fell 19% year-over-year due to lower branded content. Net loss widened to $3.9M, impacted by litigation costs, while cash reserves increased to $95.2M from new loans.