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Clubhouse Media Group, Inc.

CMGR•PNK
Communication Services
Advertising Agencies
$0.00
$-0.00(-0.00%)
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The company's financials show resilient growth, with revenue advancing from $1.16B in Q3 2023 to $417.40M in Q2 2024. Gross profit remained healthy with margins at 25% in Q2 2024 compared to 54% in Q3 2023. Operating income hit -$249880.00 last quarter, sustaining a consistent -0% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$228281.00. Net income rose to -$380.29M, while earnings per share reached $0.00. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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