secwatch / observer
8-K filed March 27, 2024, 7:59 PM ET ticker AGAE CIK 0001708341
earnings confidence high sentiment neutral materiality 0.55

Allied Gaming Q4 revenue $2.1M (+70% YoY); FY net loss narrows to $3.6M

Allied Gaming & Entertainment Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Allied Gaming & Entertainment Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $7.7 million, net income Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023.

Period
the fourth quarter and full year ended December 31, 2023
Revenue
$7.7 million
Net income
Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023
Result
reported results
Exact text from the filing
of the GAAP-basis net loss to adjusted EBITDA is provided in the table at the end of this press release. Fourth Quarter 2023 Financial Results Revenues: Total revenues of $2.1 million increased 70% for the fourth quarter of 2023 compared to the fourth quarter of 2022. The increase from the fourth quarter of 2022 was driven by an increase in HyperX sponsorship
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Allied Gaming & Entertainment Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $7.7 million, net income Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023.

Period
the fourth quarter and full year ended December 31, 2023
Revenue
$7.7 million
Net income
Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023
Result
reported results
Exact text from the filing
AEI properties and content, we are extremely excited for the year ahead and very confident in our path forward.” Full Year 2023 Financial Results Revenues: Total revenues of $7.7 million increased 21% in 2023 compared to 2022. The increase in revenue year-over-year was primarily driven by an increase in sponsorship revenue relating to the renewal of our naming
View on SEC.gov

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Allied Gaming & Entertainment Inc. filing history →

Source: SEC EDGAR
accession 0000929638-24-001237
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