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Personas Social announced its Q1 2024 financial results, reporting a net loss of $2,359 compared to a net income of $108,295 in Q1 2023. Expenses rose significantly from $396,451 to $531,447, primarily due to increased consulting costs. These figures are detailed in the company's financial statements and MD&A for the quarter ending March 31, 2024, both filed with SEDAR.
Personas Social has completed the development of its Keek website, which will be launched next week. The site will complement the Keek mobile app, offering new features for content creators and gamers, including desktop livestreaming, paid subscriptions, and an integrated e-wallet for revenue payouts. The platform will support both longform and shortform video content. The company aims to enhance the user experience with this dual-format approach, making it unique and compelling for users. The Keek app is available on Apple Appstore and Google Playstore.
Personas Social Incorporated (TSXV: PRSN) provided an update on its year-end financial statements filings for 2023. The company reported a net loss of $164,066 for the year ending December 31, 2023, compared to a profit of $102,982 in 2022. Expenses increased to $2,339,914 from $1,590,744 in 2022. Management anticipates that advertising sales and software license fees from its live-streaming platform will drive most of the company's revenues in 2024.
