CONTI announces 2024 first quarter financial report and Paris Olympics deployment plan
CONTI, one of the world’s leading streaming platforms, today released its first quarter 2024 financial report. The report shows that CONTI achieved solid financial performance in the past quarter, with net profit reaching a new high and revenue continuing to grow, laying a solid foundation for the company’s future development.
According to the financial report, CONTI achieved total revenue of US$19.6 million in the first quarter of 2024, a slight increase compared to the previous quarter. Among them, subscription service revenue reached $8.5 million, advertising revenue was $3.2 million, copyright revenue was $4.6 million, derivative revenue was $1 million, and digital media revenue was $2.3 million. The company’s total expenses compared to revenue were $8.4 million, including publicity a...