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Mega Matrix Corp. (MPU) announced financial results for Q1 2024, focusing on short drama streaming platform FlexTV after exiting the crypto business. Revenue totaled $8.7 million, with $8.0 million from streaming services. Gross profit reached $5.2 million. User recharge hit $9.3 million, with 2.62 million quarterly active users. Hit series like 'Mr. Williams! Madame is Dying' drove monetization. FlexTV ranked 8th on Apple App Store. CEO Hu emphasized content enrichment and user engagement.
