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MultiMetaVerse Holdings Limited (OQ:MMV)

Business Focus: Entertainment Production

Sector:  Consumer Cyclicals Industry:  Entertainment Production
 
See Regulatory Filings on SEC
Company Contact
Address: Building D3
718 Lingshi Road, Jing'an District
SHANGHAI SHA 200072
Tel: N/A
Website: N/A
IR: N/A
Key People
Claudius Tsang
Chairman of the Board, Chief Executive Officer
Serena Shie
President, Chief Financial Officer, Director
 
Business Overview
MultiMetaVerse Holdings Limited is a holding company principally engaged in the animation and entertainment industry. The Company conducts its business primarily through subsidiaries, including Shanghai Mi Ting Culture and Creative Co Ltd and its subsidiaries Shanghai Ling Xu Technology and Beijing Mi Ting Technology Co Ltd. The Company primarily develops and publishes animations, mobile games, and other contents offerings such as anime merchandise, and also provides animation production services to other animation and gaming companies.
Financial Overview
For the fiscal year ended 31 December 2022, MultiMetaVerse Holdings Limited revenues was not reported. Net loss increased from $872K to $2.3M. Higher net loss reflects Formation and operating costs increase from $961K to $2.8M (expense), Change in fair value of warrant liabilit decrease of 58% to $36K (income). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.15 to -$0.34.