Core Insights - The company reported a revenue of HKD 4.114 billion for the fiscal year 2024, with the sports knowledge subscription platform generating HKD 2.59 billion, a year-on-year increase of 13.68%, accounting for 62.9% of total revenue [1] - The company's loss narrowed to HKD 14.7 million, a 32.2% reduction compared to the HKD 21.7 million loss in 2023, primarily due to increased other income and reduced selling expenses [1] Revenue and Growth - The sports knowledge subscription platform's revenue increased by 13.7% compared to the previous year [2] - The total user base of the platform rose by 21.4% to 106 million, with average monthly active users growing by 17.4% year-on-year [1] Strategic Initiatives - The company aims to diversify its digital sports entertainment business while addressing the competitive landscape and evolving consumer demands [1] - Significant resources have been allocated to R&D, leading to the launch of targeted products in the sports knowledge subscription sector, enhancing competitiveness and user retention [2] Market Expansion - The company is focusing on optimizing its business model in the sports and leisure gaming sector, reducing investment in lower-yield games, and leveraging existing IP for sports game distribution [2] - International expansion efforts have progressed, with successful localized testing in Southeast Asia receiving positive feedback from users [2] Brand and Community Engagement - The company has successfully hosted major events, including the WBC Professional Boxing Championship in Foshan, which garnered over 300 million views, significantly enhancing brand influence [3] - The company is committed to social responsibility by promoting fitness through various sports events, contributing to the development of a strong sports culture in China [1]
疯狂体育(00082.HK)2024年度业绩:体育知识付费平台收益同比增长13.68%,净亏损大幅缩窄32.2%