VS MEDIA Holdings Limited filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, reporting total revenue of $8.25 million. This represents a 3.2% increase compared to the $7.99 million reported in 2023.
The revenue growth was primarily driven by strong performance in its Campaign-Based Marketing Services and the successful launch of its Social Commerce segment. CEO Ivy Wong stated that 2024 was a strategic inflection point focused on building a foundation for scalable growth, including enhancing technology and expanding partnerships.
Looking ahead, VS MEDIA anticipates 2025 to be a transformative year, leveraging its upgraded infrastructure and enhanced operational capabilities. The company aims to scale its revenue streams and improve margins, positioning itself for significant value creation.
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