Core Business Overview - Core AI Holdings, Inc. aims to achieve $300 million in annual revenue within 36 months, driven by its growth strategy and strong performance in the mobile gaming sector [1][5] - The company has surpassed 820 million cumulative downloads and maintains an average of 18.4 million monthly active users (MAU) with a total of 2,281 mobile applications released [2][3] Financial Performance - For the first half of 2025, Core AI reported consolidated revenue of $33.4 million, with Core Gaming contributing $28.9 million and Siyata Mobile $4.5 million [3] - The company experienced a net loss of $8.6 million, with Core Gaming reporting a loss of $0.8 million and Siyata Mobile a loss of $7.6 million [3] Market Position and Strategy - The United States is the largest revenue contributor, with significant contributions from Latin America, Europe, and other regions, indicating a well-diversified revenue base [4] - The company focuses on leveraging AI-driven insights to enhance creativity and user engagement, aiming to expand its live service operations and strategic partnerships for user acquisition [3][5] Future Growth Initiatives - Core AI plans to identify growth opportunities through joint ventures, mergers, and acquisitions, particularly in next-generation cloud computing, AI technologies, and blockchain applications [5] - The company is committed to continuous innovation in its AI products and aims to open new revenue channels through these initiatives [5]
Core AI Reports Robust User Growth and Engagement Across Mobile Gaming Portfolio for First Half 2025
Globenewswire·2025-10-23 13:15