Allied Gaming Q2 revenue down 27% to $1.9M; net loss widens to $4.8M

Allied Gaming & Entertainment Inc.

2025-Q2 EPS reported -$0.23 revenue$4,194,618

Revenue $1.9M, down from $2.6M YoY; mobile gaming down $1.0M, partially offset by arena events.
Net loss $4.8M vs $3.9M; adjusted EBITDA loss $2.1M vs $1.7M in Q2 2024.
Cash and short-term investments $60.0M, down from $71.5M at Dec 31, 2024; working capital $44.9M.
Legal and professional fees rose $0.5M due to dissident stockholder complaints and proxy contest.
CEO Yangyang Li appointed; company highlights strategic investment in Angry Birds 3 IP.

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