Global Mofy AI (GMM) reported fiscal 2024 net income of $12.1 million, compared to $6.6 million, prior year, an increase by 89%. The company said the increase in net income was driven by higher revenues, improved operational efficiency, and effective cost control. Earnings per share was $6.37, an increase of 61.2% from $3.93.
Revenue for fiscal 2024 was $41.4 million, an increase of 53.8% from $26.9 million in fiscal 2023. The company said its revenue growth was primarily driven by the prosperity of the movie and TV industries boomed in China in recent two years and sustained demand for high-quality virtual content, 3D digital assets, and AI-driven solutions across multiple sectors.
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September 04, 2026 15:08 ET The job report and foreign trade data were the main economic news from the U.S. in the first week of September. Elsewhere in North America, the Canadian central bank announced its latest policy decision. Inflation data from Eurozone was the highlight in Europe. The latest interest rate decision by the Reserve Bank of New Zealand drew attention in Asia.