Me Today reports 64% revenue increase despite losses

Me Today has reported a 64% increase in revenue for the six months ended December 31, 2024, reaching $3.7 million.

The company's gross branded and agency revenue also grew by 55%, from $1.74m to $2.69m.

Me Today said it expects its gross branded and agency revenue to exceed $5m for the full year ending June 30, 2025.

The company, however, recorded a loss after tax of $2.43m, compared to a loss of $7.25m in the same period last year.

The operating ebitda loss decreased by 19% to $1.79m.

Me Today's China partner exercised its option to take partial ownership of the China trademark after meeting a performance hurdle.