VS MEDIA Issues Year-End Business Update, Highlights Growth Initiatives and 2025 Outlook
VS MEDIA Holdings (VSME) reported its fiscal year 2024 results, achieving revenue of $8.25 million, representing a 3.2% increase from $7.99 million in 2023. The growth was primarily driven by Campaign-Based Marketing Services and the launch of its Social Commerce segment.
The company expanded its digital creator ecosystem to over 1,500 creators reaching approximately 100 million fans globally. Key developments included expanding commerce channels through partnerships with Amazon Live, TikTok, Lazada, Shopee, and YouTube, launching the VS Lounge commercial event, and entering the AI-powered influencer marketing space.
CEO Ivy Wong emphasized that 2024 was focused on building infrastructure for scalable growth, including technology stack enhancement and platform partnerships, positioning the company for what they anticipate to be a transformative 2025.
VS MEDIA Holdings (VSME) ha riportato i risultati dell'anno fiscale 2024, registrando un fatturato di 8,25 milioni di dollari, con un incremento del 3,2% rispetto ai 7,99 milioni di dollari del 2023. La crescita è stata principalmente guidata dai servizi di marketing basati su campagne e dal lancio del suo segmento di commercio sociale.
L'azienda ha ampliato il suo ecosistema di creatori digitali a oltre 1.500 creatori, raggiungendo circa 100 milioni di fan a livello globale. Sviluppi chiave hanno incluso l'espansione dei canali commerciali attraverso partnership con Amazon Live, TikTok, Lazada, Shopee e YouTube, il lancio dell'evento commerciale VS Lounge e l'ingresso nel settore del marketing degli influencer potenziato dall'IA.
Il CEO Ivy Wong ha sottolineato che il 2024 è stato incentrato sulla costruzione di infrastrutture per una crescita scalabile, inclusi miglioramenti nel stack tecnologico e nelle partnership di piattaforma, posizionando l'azienda per quello che anticipano sarà un 2025 trasformativo.
VS MEDIA Holdings (VSME) informó sus resultados del año fiscal 2024, alcanzando ingresos de 8,25 millones de dólares, lo que representa un aumento del 3,2% respecto a los 7,99 millones de dólares en 2023. El crecimiento fue impulsado principalmente por los servicios de marketing basados en campañas y el lanzamiento de su segmento de comercio social.
La empresa amplió su ecosistema de creadores digitales a más de 1.500 creadores, alcanzando aproximadamente 100 millones de fanáticos a nivel mundial. Los desarrollos clave incluyeron la expansión de los canales comerciales a través de asociaciones con Amazon Live, TikTok, Lazada, Shopee y YouTube, el lanzamiento del evento comercial VS Lounge y la entrada en el espacio del marketing de influencers impulsado por IA.
La CEO Ivy Wong enfatizó que 2024 se centró en construir infraestructura para un crecimiento escalable, incluyendo la mejora de la pila tecnológica y asociaciones de plataformas, posicionando a la empresa para lo que anticipan será un 2025 transformador.
VS MEDIA Holdings (VSME)는 2024 회계연도 결과를 보고하며 825만 달러의 수익을 달성했으며, 이는 2023년의 799만 달러에 비해 3.2% 증가한 수치입니다. 성장은 주로 캠페인 기반 마케팅 서비스와 소셜 커머스 부문의 출시에 의해 주도되었습니다.
회사는 1,500명 이상의 크리에이터로 디지털 크리에이터 생태계를 확장하여 전 세계적으로 약 1억 명의 팬에 도달했습니다. 주요 개발 사항으로는 Amazon Live, TikTok, Lazada, Shopee 및 YouTube와의 파트너십을 통한 상거래 채널 확장, VS Lounge 상업 이벤트의 출범, AI 기반 인플루언서 마케팅 분야로의 진출이 포함되었습니다.
CEO 아이비 웡은 2024년이 확장 가능한 성장을 위한 인프라 구축에 집중했으며, 기술 스택 개선 및 플랫폼 파트너십을 포함하여, 그들이 변혁적인 2025년이 될 것으로 예상하는 회사의 위치를 강화했다고 강조했습니다.
VS MEDIA Holdings (VSME) a annoncé ses résultats pour l'exercice fiscal 2024, avec un chiffre d'affaires de 8,25 millions de dollars, représentant une augmentation de 3,2 % par rapport aux 7,99 millions de dollars de 2023. La croissance a été principalement alimentée par des services de marketing basés sur des campagnes et le lancement de son segment de commerce social.
L'entreprise a élargi son écosystème de créateurs numériques à plus de 1 500 créateurs, atteignant environ 100 millions de fans dans le monde. Les développements clés comprenaient l'expansion des canaux commerciaux grâce à des partenariats avec Amazon Live, TikTok, Lazada, Shopee et YouTube, le lancement de l'événement commercial VS Lounge, et l'entrée dans le domaine du marketing d'influence alimenté par l'IA.
La PDG Ivy Wong a souligné que 2024 était axé sur la construction d'une infrastructure pour une croissance évolutive, y compris l'amélioration de la pile technologique et des partenariats de plateforme, positionnant ainsi l'entreprise pour ce qu'ils anticipent être un 2025 transformateur.
VS MEDIA Holdings (VSME) berichtete über die Ergebnisse des Geschäftsjahres 2024 und erzielte einen Umsatz von 8,25 Millionen Dollar, was einem Anstieg von 3,2% gegenüber 7,99 Millionen Dollar im Jahr 2023 entspricht. Das Wachstum wurde hauptsächlich durch kampagnenbasierte Marketingdienstleistungen und den Start seines Social Commerce-Segments vorangetrieben.
Das Unternehmen erweiterte sein digitales Creator-Ökosystem auf über 1.500 Creator, die weltweit etwa 100 Millionen Fans erreichen. Zu den wichtigsten Entwicklungen gehörten die Erweiterung der Handelskanäle durch Partnerschaften mit Amazon Live, TikTok, Lazada, Shopee und YouTube, der Start der kommerziellen Veranstaltung VS Lounge und der Einstieg in den KI-gestützten Influencer-Marketing-Bereich.
CEO Ivy Wong betonte, dass 2024 auf den Aufbau einer Infrastruktur für skalierbares Wachstum ausgerichtet war, einschließlich der Verbesserung des Technologie-Stacks und von Plattformpartnerschaften, um das Unternehmen für das zu positionieren, was sie als transformierenden 2025 erwarten.
- Revenue growth of 3.2% to $8.25 million
- Expanded creator network to 1,500 creators reaching 100 million fans
- New commerce partnerships with major platforms (Amazon Live, TikTok, Lazada, Shopee, YouTube)
- Launch of new revenue streams: VS Lounge and AI-powered influencer marketing
- Modest 3.2% revenue growth indicates slow expansion pace
- Heavy investment in infrastructure suggesting increased operational costs
Insights
VS MEDIA's annual report reveals
The company's price-to-sales ratio of approximately 0.45 (based on
Notably absent from this financial update are several critical metrics: gross margins, operating expenses, net income/loss, cash position, and burn rate. This omission makes it impossible to assess operational efficiency or progress toward profitability – a concerning gap for investors seeking comprehensive financial analysis.
While management frames 2024 as an investment year focused on building infrastructure for future growth, the lack of quantifiable objectives or specific financial targets for 2025 provides accountability measures. The expansion to 1,500 creators reaching 100 million fans represents meaningful scale, but without monetization metrics, it's difficult to evaluate the economic value of this creator network.
The strategic initiatives across multiple social commerce platforms align with industry trends, but the financial impact of these partnerships remains unquantified in the report. Overall, this update delivers minimal financial progress while emphasizing future potential over current performance – a common approach for early-stage companies still seeking profitable business models in the creator economy.
Revenue Increases to
Scalable Infrastructure in Place to Drive Transformative 2025
Hong Kong, April 14, 2025 (GLOBE NEWSWIRE) -- VS MEDIA Holdings Limited (Nasdaq: VSME), a leading digital media and social commerce company in the global Creator Economy, today issued its year-end business update and announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC). The report is available on the SEC’s website at www.sec.gov and on the Company’s investor relations site at https://investors.vs-media.com.
In 2024, VS MEDIA reported revenue of
“Our focus in 2024 was on building the foundation for scalable growth,” said Ivy Wong, Founder and CEO of VS MEDIA. “We enhanced our technology stack, expanded our creator and platform partnerships, and launched new initiatives like VS Lounge and our Social Commerce business. These efforts positioned us to begin realizing the full benefits of our strategic investments. Although revenue growth was modest year-over-year, the work we’ve done behind the scenes has been transformational. We’re entering 2025 with momentum, and we believe this will be a breakout year for VS MEDIA as we execute against a scalable, tech-enabled business model designed to drive meaningful value for shareholders.”
Key achievements in 2024 included:
- Growing the VS MEDIA creator ecosystem to over 1,500 digital creators, reaching approximately 100 million fans globally
- Expanding commerce channels through Amazon Live, TikTok, Lazada, Shopee, and YouTube partnerships
- Launching the VS Lounge commercial event, a driver of both revenue and brand visibility
- Entering the AI-powered influencer marketing space to enhance content monetization efficiency
Looking ahead, VS MEDIA expects 2025 to be a transformative year, as the Company leverages its upgraded infrastructure and enhanced operational capabilities to scale its revenue streams and improve margins. “We’ve built the foundation—now we’re ready to scale,” Wong added. “With the right team, tools, and strategy in place, 2025 is shaping up to be a pivotal year for value creation.”
For additional information, including the full 20-F filing, please visit https://investors.vs-media.com or the SEC’s website at www.sec.gov
About VS Media
VS Media Holdings Limited (NASDAQ:VSME) manages a network of leading digital creators across Asia Pacific that powers content-driven social commerce and offers local and effective marketing services to brands. Founded in 2013, VSME partners with over 1,500 creators and over 1,000 brands to promote and merchandise their products and services. The Company is currently growing internationally across Hong Kong, China, Taiwan, Singapore, and beyond. For more information, visit https://www.vs-media.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
Contact Information:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: vsme@crescendo-ir.com
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