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BTCC / BTCC Square / Global Cryptocurrency /
Allied Gaming & Entertainment Inc. Reports Widening Q1 Loss Amid Revenue Decline

Allied Gaming & Entertainment Inc. Reports Widening Q1 Loss Amid Revenue Decline

Author:
Global Cryptocurrency
Published:
2025-07-08 18:03:02
24
3
BTCCSquare news:

Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) posted a 4.4% year-over-year revenue decline to $2.28 million in Q1 2025, with net losses ballooning 167.8% to $4.9 million. Earnings per share deteriorated to -$0.11 from -$0.04, reflecting mounting operational pressures despite CEO Yangyang Li's emphasis on mobile gaming and blockchain as growth catalysts.

Shares rallied 6.86% post-earnings but remain down 43% month-to-date, trading at $1.87 as of July 8. The company's negative net margin of 184.57% and -21.13% ROE underscore persistent profitability challenges amid leadership transitions and shareholder disputes.

|Square

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