Mega Matrix(MPU) - 2024 Q2 - Quarterly Results

Exhibit 99.1 MEGA MATRIX CORP. Announces Second Quarter 2024 Financial Results PALO ALTO, CA, August 14, 2024 (PR NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced financial results for its second quarter ended June 30, 2024. Operating Highlights ● User recharge totaled $15.8 million in the first half of 2024, with 62.0% generated from the U.S. ● In the first half of 2024, our total active users reached 4.1 million, with an ARPU of$ 3.5 and our total active paying ...