Asset Entities Gross Revenues Increase 237% for the period ending September 30, 2024
Asset Entities reported significant revenue growth for Q3 2024, with revenues reaching $202,921 compared to $60,135 in Q3 2023, marking a 237% year-over-year increase. The company, which provides digital marketing and content delivery services across Discord and other social media platforms, attributes this growth to recent strategic acquisitions and partnerships. Management expressed optimism about future growth through continued strategic initiatives and collaborations.
Asset Entities ha registrato una significativa crescita dei ricavi per il terzo trimestre del 2024, con un fatturato che ha raggiunto $202,921 rispetto a $60,135 nel terzo trimestre del 2023, segnando un incremento del 237% anno su anno. L'azienda, che offre servizi di marketing digitale e consegna di contenuti su Discord e altre piattaforme di social media, attribuisce questa crescita a recenti acquisizioni strategiche e partnership. La gestione ha espresso ottimismo riguardo alla crescita futura attraverso iniziative strategiche continuative e collaborazioni.
Asset Entities reportó un crecimiento significativo en los ingresos para el tercer trimestre de 2024, alcanzando $202,921 en comparación con $60,135 en el tercer trimestre de 2023, marcando un aumento del 237% interanual. La empresa, que proporciona servicios de marketing digital y entrega de contenido a través de Discord y otras plataformas de redes sociales, atribuye este crecimiento a recientes adquisiciones estratégicas y asociaciones. La dirección expresó optimismo sobre el crecimiento futuro a través de iniciativas estratégicas continuas y colaboraciones.
자산 기업(Asset Entities)은 2024년 3분기에 매출이 $202,921에 달하며, 2023년 3분기 $60,135와 비교해 237%의 연간 증가율을 기록했다고報告했습니다. 이 회사는 Discord 및 기타 소셜 미디어 플랫폼을 통해 디지털 마케팅 및 콘텐츠 제공 서비스를 제공하며, 이번 성장은 최근의 전략적 인수 및 파트너십 덕분이라고 설명했습니다. 경영진은 지속적인 전략적 이니셔티브 및 협업을 통해 미래 성장에 대해 낙관적인 입장을 보였습니다.
Asset Entities a rapporté une croissance significative de ses revenus pour le troisième trimestre de 2024, les revenus atteignant $202,921 par rapport à $60,135 au troisième trimestre de 2023, marquant une augmentation de 237% par rapport à l’année précédente. L’entreprise, qui fournit des services de marketing digital et de distribution de contenu sur Discord et d'autres plateformes de médias sociaux, attribue cette croissance à de récentes acquisitions stratégiques et partenariats. La direction s'est montrée optimiste quant à la croissance future grâce à des initiatives stratégiques continues et des collaborations.
Asset Entities meldete im dritten Quartal 2024 ein erhebliches Umsatzwachstum, mit Einnahmen von $202,921 im Vergleich zu $60,135 im dritten Quartal 2023, was einen Anstieg von 237% im Jahresvergleich bedeutet. Das Unternehmen, das digitale Marketing- und Inhaltslieferdienste über Discord und andere soziale Medien anbietet, führt dieses Wachstum auf kürzliche strategische Übernahmen und Partnerschaften zurück. Das Management äußerte sich optimistisch bezüglich des zukünftigen Wachstums durch fortgesetzte strategische Initiativen und Kooperationen.
- Revenue increased 237% year-over-year to $202,921 in Q3 2024
- Successful implementation of strategic acquisitions and partnerships
- Despite significant percentage growth, absolute revenue figures remain relatively small at $202,921
Insights
The
The company's focus on Discord and social media platforms positions it in the growing digital marketing space, but current revenue levels suggest it's still in early growth stages. The emphasis on strategic acquisitions and partnerships indicates an aggressive growth strategy, though execution risks remain high given the financial resources. Investors should note that substantial future growth will be needed to justify the current valuation.
DALLAS, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, is pleased to announce that its revenues for the quarter ended September 30, 2024 were
“We are thrilled to see the strong year-over-year growth in revenue, with our recent strategic acquisitions and partnerships,” stated CEO Arshia Sarkhani. “We are optimistic for what’s ahead, as we continue executing strategic acquisitions, growth initiatives, and further collaborations and partnerships,” commented Sarkhani.
To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.
About Asset Entities, Inc.
Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord's largest social community-based education and entertainment servers. The Company's AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities' initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company's Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company's SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.
Important Cautions Regarding Forward-Looking Statements
This press release contains forward-looking statements. In addition, from time to time, representatives of the Company may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which are derived from the information currently available to the Company. Such forward-looking statements relate to future events or the Company’s future performance, including its financial performance and projections, growth in revenue and earnings, and business prospects and opportunities. Forward-looking statements can be identified by those statements that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors including those that are described in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
Company Contacts:
Arshia Sarkhani, President and Chief Executive Officer
Michael Gaubert, Executive Chairman
Asset Entities Inc.
Tel +1 (214) 459-3117
Email Contact
Investor Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com
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