STOCK TITAN

Aureus Greenway Holdings Inc. Releases Fiscal Year 2024 Financial Results

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Aureus Greenway Holdings (NASDAQ: AGH) has released its fiscal year 2024 financial results, revealing several key performance metrics. The company reported revenue of $3.3 million for the year ended December 31, 2024, marking a decrease from $3.6 million in 2023.

The company's financial performance showed a shift from profitability to loss, posting a net loss of $0.2 million in 2024, compared to a net income of $0.4 million in 2023. The total number of rounds played decreased to 56,000 in 2024 from 66,000 in 2023, indicating reduced operational activity.

Aureus Greenway Holdings (NASDAQ: AGH) ha pubblicato i risultati finanziari per l'anno fiscale 2024, rivelando diversi indicatori chiave di performance. L'azienda ha riportato ricavi di 3,3 milioni di dollari per l'anno conclusosi il 31 dicembre 2024, segnando una diminuzione rispetto ai 3,6 milioni di dollari del 2023.

Le performance finanziarie dell'azienda hanno mostrato un passaggio dalla redditività alla perdita, registrando una perdita netta di 0,2 milioni di dollari nel 2024, rispetto a un reddito netto di 0,4 milioni di dollari nel 2023. Il numero totale di round giocati è diminuito a 56.000 nel 2024 rispetto ai 66.000 del 2023, indicando una riduzione dell'attività operativa.

Aureus Greenway Holdings (NASDAQ: AGH) ha publicado sus resultados financieros del año fiscal 2024, revelando varios indicadores clave de rendimiento. La empresa reportó ingresos de 3,3 millones de dólares para el año que terminó el 31 de diciembre de 2024, marcando una disminución desde los 3,6 millones de dólares en 2023.

El desempeño financiero de la empresa mostró un cambio de rentabilidad a pérdidas, registrando una pérdida neta de 0,2 millones de dólares en 2024, en comparación con un ingreso neto de 0,4 millones de dólares en 2023. El número total de rondas jugadas disminuyó a 56,000 en 2024 desde 66,000 en 2023, lo que indica una reducción en la actividad operativa.

Aureus Greenway Holdings (NASDAQ: AGH)는 2024 회계연도 재무 결과를 발표하며 여러 주요 성과 지표를 공개했습니다. 이 회사는 2024년 12월 31일로 종료된 연도에 대해 330만 달러의 수익을 보고했으며, 이는 2023년의 360만 달러에서 감소한 수치입니다.

회사의 재무 성과는 수익성에서 손실로 전환되었으며, 2024년에 20만 달러의 순손실을 기록했습니다. 이는 2023년의 40만 달러 순이익과 비교됩니다. 총 플레이된 라운드 수는 2023년의 66,000에서 2024년에는 56,000으로 감소하여 운영 활동이 줄어들었음을 나타냅니다.

Aureus Greenway Holdings (NASDAQ: AGH) a publié ses résultats financiers pour l'exercice 2024, révélant plusieurs indicateurs clés de performance. L'entreprise a déclaré un chiffre d'affaires de 3,3 millions de dollars pour l'année se terminant le 31 décembre 2024, marquant une baisse par rapport à 3,6 millions de dollars en 2023.

La performance financière de l'entreprise a montré un passage de la rentabilité à la perte, affichant une perte nette de 0,2 million de dollars en 2024, contre un revenu net de 0,4 million de dollars en 2023. Le nombre total de tours joués a diminué à 56 000 en 2024 contre 66 000 en 2023, ce qui indique une réduction de l'activité opérationnelle.

Aureus Greenway Holdings (NASDAQ: AGH) hat seine Finanzzahlen für das Geschäftsjahr 2024 veröffentlicht und dabei mehrere wichtige Leistungskennzahlen offenbart. Das Unternehmen berichtete von einem Umsatz von 3,3 Millionen Dollar für das am 31. Dezember 2024 endende Jahr, was einen Rückgang von 3,6 Millionen Dollar im Jahr 2023 bedeutet.

Die finanzielle Leistung des Unternehmens zeigte einen Wechsel von Rentabilität zu Verlust, da ein Nettoverlust von 0,2 Millionen Dollar im Jahr 2024 verzeichnet wurde, im Vergleich zu einem Nettogewinn von 0,4 Millionen Dollar im Jahr 2023. Die Gesamtzahl der gespielten Runden sank von 66.000 im Jahr 2023 auf 56.000 im Jahr 2024, was auf eine verringerte betriebliche Aktivität hinweist.

Positive
  • None.
Negative
  • Revenue decreased 8.3% to $3.3M in 2024 from $3.6M in 2023
  • Shifted from $0.4M net income in 2023 to $0.2M net loss in 2024
  • Number of rounds played declined 15.2% to 56,000 from 66,000 in 2023

Kissimmee, FL, March 28, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”) (NASDAQ: AGH), announced today that it has released its financial results for the year ended December 31, 2024. The results and accompanying annual reports are available on the U.S. Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov, and on the Company's investor relations website, https://www.aureusgreenway.com/secfilings.

Financial highlights
The Company recorded a revenue of approximately $3.3 million for the year ended December 31, 2024, compared to $3.6 million for the year ended December 31, 2023. Net loss of $0.2 million, compared to net income of $0.4 million for the year ended December 31, 2023. Total number of rounds played was approximately 56,000 rounds during the year ended December 31, 2024, compared to 66,000 rounds for the year ended December 31, 2023.

About Aureus Greenway Holdings Inc.
Aureus Greenway Holdings Inc. owns and operates daily fee golf country clubs in the state of Florida that are designed to appeal to a wide-ranging population. The combination of our strategic locations and approachable golf-courses attracts both local and tourist demographics, allowing us to offer a variety of golf experiences while capturing a broad share of discretionary leisure spending. For more information, please visit our website at www.aureusgreenway.com.

Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company’s current expectations and views of future events. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For a discussion of these risks and uncertainties, please refer to the “Risk Factors” section of the Company’s final prospectus related to the offering filed with the SEC.

Contact:
Aureus Greenway Holdings Inc.
aureus@golfkissimmeebay.com


FAQ

What was Aureus Greenway Holdings (AGH) revenue in fiscal year 2024?

AGH reported revenue of $3.3 million for fiscal year 2024, down from $3.6 million in 2023.

How did AGH's net income change in 2024 compared to 2023?

AGH reported a net loss of $0.2 million in 2024, compared to a net income of $0.4 million in 2023.

What was the total number of rounds played at AGH facilities in 2024?

AGH reported approximately 56,000 rounds played in 2024, down from 66,000 rounds in 2023.

How much did AGH's revenue decline from 2023 to 2024?

AGH's revenue declined by $0.3 million, from $3.6 million in 2023 to $3.3 million in 2024.
Aureus Greenway Holdings Inc.

NASDAQ:AGH

AGH Rankings

AGH Latest News

AGH Stock Data

8.63M
3.75M
78.39%
1.59%
Leisure
Services-membership Sports & Recreation Clubs
Link
United States
KISSIMMEE