---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-040651"
form_type: "8-K"
ticker: null
cik: "0001036848"
company_name: "Mega Matrix Corp."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:30:18.243082+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mega Matrix Q1 revenue $8.7M, gross margin 60% on FlexTV streaming growth

## Summary
- Total Q1 2024 revenue $8.7M, with $8.0M from membership/top-up streaming and $0.7M from advertising.
- Gross profit $5.2M, resulting in ~60% gross margin.
- Quarterly active users 2.62M, ARPU $3.07; paying users 0.32M, ARPPU $24.94.
- Hit series “Mr. Williams! Madame is Dying” generated $6.3M in user top-up and 4.8M views as of Apr 30.
- CEO plans to expand script team 10x and produce 5-10 short dramas per month from June 2024; FlexTV #8 in Apple US charts.

## SEC filing metadata
- accession: 0001213900-24-040651
- form_type: 8-K
- cik: 0001036848
- company_name: Mega Matrix Corp.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1036848/000121390024040651/0001213900-24-040651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1036848/000121390024040651/ea0205454-8k_mega.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-040651
- JSON: https://secwatch.observer/filing/0001213900-24-040651.json
- Plain text: https://secwatch.observer/filing/0001213900-24-040651.txt

## Key facts
- Earnings Releases
  Mega Matrix Corp. reported first quarter ended March 31, 2024 results: revenue $8.7 million.
  - Period: first quarter ended March 31, 2024
  - Revenue: $8.7 million
  - Result: reported results
  source text: In Q1 2024, the Company’s total unaudited revenue reached $8.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1036848/000121390024040651/0001213900-24-040651-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.