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VS MEDIA Issues Year-End Business Update, Highlights Growth Initiatives and 2025 Outlook
Globenewswire· 2025-04-14 12:30
Core Insights - VS MEDIA Holdings Limited reported a revenue of $8.25 million for 2024, reflecting a 3.2% increase from $7.99 million in 2023, driven by growth in Campaign-Based Marketing Services and the launch of its Social Commerce segment [2][3] - The company views 2024 as a strategic inflection point, laying the groundwork for long-term expansion and scalable growth [2][3] - The CEO emphasized that the company is entering 2025 with momentum and expects it to be a breakout year due to a tech-enabled business model [3][4] Financial Performance - Revenue for 2024 was $8.25 million, up from $7.99 million in 2023, indicating a modest growth trajectory [2] - The company has focused on enhancing its technology stack and expanding partnerships to support future growth [3] Strategic Initiatives - Key achievements in 2024 included growing the creator ecosystem to over 1,500 digital creators, reaching approximately 100 million fans globally [7] - The company expanded commerce channels through partnerships with platforms like Amazon Live, TikTok, Lazada, Shopee, and YouTube [7] - VS MEDIA launched the VS Lounge commercial event to drive revenue and brand visibility [7] - The company is entering the AI-powered influencer marketing space to improve content monetization efficiency [7] Future Outlook - VS MEDIA anticipates 2025 to be transformative, leveraging upgraded infrastructure and operational capabilities to scale revenue streams and improve margins [4] - The company believes it has built a solid foundation for growth and is ready to scale its operations [4]
VS Media(VSME) - Prospectus(update)
2023-08-21 14:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VS MEDIA HOLDINGS LIMITED (Exact name of registrant as specified in its charter) British Virgin Islands 2741 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 6/F, KOHO, 75 Hung To Road, Kwun Tong, Hong Kong +852 2889 1313 (Address ...