Core Insights - NIP Group Inc. reported a significant increase in event production revenues, which surged by 92.6% year-over-year to US$14.6 million in the second half of 2024, contributing to a full-year increase of 147.5% to US$23.3 million [1][6][22] - The company is transitioning from a pure esports organization to a fully integrated gaming-centric digital entertainment platform, with plans to expand its core businesses and enter the hospitality market [5][6] - Despite the growth in revenues, the company reported a net loss of US$8.0 million in the second half of 2024, compared to a net loss of US$2.0 million in the same period of 2023 [6][15] Financial Highlights for the Second Half of 2024 - Total net revenues increased by 1.8% year-over-year to US$45.9 million, driven by the strong performance in event production [6][8] - Gross profit decreased to US$0.6 million, with a gross margin of 1.4%, down from 10.9% in the same period of 2023 [12] - Adjusted EBITDA was negative US$7.3 million, compared to positive US$1.0 million in the same period of 2023 [17][32] Financial Highlights for the Full Year of 2024 - Total net revenues for the full year increased by 1.9% year-over-year to US$85.3 million [18][26] - Gross profit for the full year was US$3.0 million, with a gross margin of 3.5%, down from 8.6% in 2023 [23] - The net loss for the full year was US$12.7 million, slightly improved from a net loss of US$13.3 million in 2023 [26] Business Updates - The company expanded its esports portfolio through a partnership with The9 Limited to develop "MIR M" into a competitive global esports title [6][38] - NIP Group entered the MOBA game publishing market with the launch of "Re: Aetatis" in December 2024 [6][38] - A landmark agreement with the Abu Dhabi Investment Office was secured to establish the company's global headquarters in Abu Dhabi, supported by up to US$40 million in incentives [6][38] Cost Structure - Cost of revenues for the second half of 2024 was US$45.3 million, compared to US$40.2 million in the same period of 2023 [10] - Selling and marketing expenses increased by 92.7% to US$5.3 million, primarily due to higher marketing costs for the game publishing business [13] - General and administrative expenses rose by 58.2% to US$7.1 million, largely due to increased professional service fees related to the IPO [14]

Core Insights - NIP Group has been included in the Esports World Cup Foundation Club Partner Program, enhancing its funding and growth initiatives ahead of the tournament in July 2025 [1][4] - The partnership will enable NIP.eStar to engage global audiences through various campaigns and focus on acquiring top-tier esports rosters in emerging markets, particularly in the SEA mobile gaming sector [2][4] Company Overview - NIP Group was formed in 2023 through a merger of Ninjas in Pyjamas and ESV5, which includes eStar Gaming, a leader in mobile esports [6] - The company operates in multiple regions including Sweden, China, Abu Dhabi, and Brazil, and has a diverse portfolio that includes talent management, event production, and game publishing [6] Esports World Cup Details - The Esports World Cup is set to be the largest event in the esports industry in 2025, featuring a unique competition structure with a prize pool exceeding $60 million in 2024 [5] - NIP Group aims to leverage its global talent pool to compete at high levels across various game titles, with existing qualifications in multiple competitions [3][5] Strategic Goals - The partnership with EWCF is aimed at building NIP Group's presence in high-growth markets and showcasing its global operations [4] - The unified NIP.eStar brand reflects the company's vision for cross-border collaboration and aims to enhance the esports experience for fans worldwide [4]

As filed with the Securities and Exchange Commission on February 11, 2025. Registration No. 333-280282 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ AMENDMENT NO. 6 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Brag House Holdings, Inc. (Exact name of registrant as specified in its charter) ___________________________ | Delaware | 7990 | 87-4032622 | | --- | --- | --- | | (State or other jurisdiction of | ...

As filed with the Securities and Exchange Commission on February 3, 2025. Registration No. 333-280282 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ AMENDMENT NO. 5 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Brag House Holdings, Inc. (Exact name of registrant as specified in its charter) ___________________________ | Delaware | 7990 | 87-4032622 | | --- | --- | --- | | (State or other jurisdiction of | ...

As filed with the Securities and Exchange Commission on January 13, 2025. Registration No. 333-280282 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Brag House Holdings, Inc. (Exact name of registrant as specified in its charter) ___________________________ | Delaware | 7990 | 87-4032622 | | --- | --- | --- | | (State or other jurisdiction of | ...

As filed with the Securities and Exchange Commission on December 2, 2024. Registration No. 333-280282 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Brag House Holdings, Inc. (Exact name of registrant as specified in its charter) ___________________________ | Delaware | 7990 | 87-4032622 | | --- | --- | --- | | (State or other jurisdiction of | ...

As filed with the Securities and Exchange Commission on August 2, 2024. Registration No. 333-280282 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Brag House Holdings, Inc. (Exact name of registrant as specified in its charter) ___________________________ | Delaware | 7990 | 87-4032622 | | --- | --- | --- | | (State or other jurisdiction of | (P ...

As filed with the Securities and Exchange Commission on July 10, 2024. Registration No. 333-280282 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Brag House Holdings, Inc. (Exact name of registrant as specified in its charter) ___________________________ | Delaware | 7990 | 87-4032622 | | --- | --- | --- | | (State or other jurisdiction of | (Pr ...

(Exact name of registrant as specified in its charter) ___________________________ | Delaware | 7990 | 87-4032622 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) | Classification Code Number) | Identification No.) | As filed with the Securities and Exchange Commission on June 17, 2024. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM S-1 R ...