Hi Deiro David, As we enter the final quarter of 2024, I'm incredibly proud of the progress we've made—from rapid revenue growth and new consumer products to the early success of our Reg A campaign. Mode Mobile is setting the stage for a record finish to the year. Recent Highlights:
- 60% revenue growth from Jan-Aug 2024 compared to same period last year
- $8.2M revenue for Jan-Aug 2024
- Double-digit gross margins improvement, from 63% to 74% YoY
- EBITDA losses reduced by 32% YoY, putting us on a strong path to profitability
- $8M+ in subscriptions to our Reg A+
Finance & Business Performance: We hit a major milestone with $8.2M in revenue year-to-date in 2024, reflecting impressive 60% growth year-over-year. One of the key drivers? Our expansion into Web3, which now accounts for over 15% of our total revenue. Our strategy of tapping into new digital frontiers globally is paying off. On the efficiency front, we're seeing even more wins. Gross margins have surged from 63% to 74% this year, while we've cut EBITDA losses by 32% YoY. These operational gains are putting us on a faster track toward profitability, and we're confident the coming quarters will bring us even closer to that goal. |
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