Gaxos Delivers Record Second-Quarter Revenue, Up 35.8% Sequentially and 1,337% Year over Year
Gaxos.ai reported record second-quarter revenue of $2.46 million, up 35.8% sequentially and 1,337% year-over-year, driven by improved marketing efficiency. GAAP net income was $241,056, or $0.02 per share, primarily due to a gain on the sale of gaming assets rather than core operations.
Key figures
- Eps
- 0.02
- Revenue
- 2460000
- Revenue Yoy
- 1,337%
- Net income
- 241056
- Atm proceeds
- 1000000
- Advertising expense
- 3141273
- Cash and investments
- 11440000
- Revenue per ad dollar
- 0.78
AI analysis
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