The company reported $39.9M in revenue and a $1.1M non-GAAP net income after adjustments for 1H.
Global Mofy Metaverse reported a non-GAAP earnings per share of $69.66 for the first half of the year, alongside $39.9M in revenue, marking a 49.4% year-over-year increase.
The company’s GAAP net loss totaled $50.7M, while non-GAAP net income reached $1.1M after adjusting for non-cash impairments, stock compensation, and warrant adjustments. Revenue growth reflects strong demand in its metaverse-related segments.
No immediate market reaction was disclosed in the release.