Marvion Inc. Announces Annual Financial Results for 2024 with 134% Gain in Year-to-Year Revenue
Marvion (OTC: MVNC) reported strong financial results for fiscal year 2024, achieving 134% year-over-year revenue growth to $1,544,108 and 171% increase in gross profit to $763,805. Despite industry challenges from tariff wars, the company maintains a positive outlook based on established relationships with major cross-regional logistics operators.
The company faced increased expenses in 2024 related to becoming publicly traded on OTC Markets, though these costs are expected to decrease in 2025. Marvion plans to expand operations with its fourth warehouse opening in Q2 2025.
Marvion (OTC: MVNC) ha riportato risultati finanziari solidi per l'anno fiscale 2024, raggiungendo una crescita del fatturato del 134% su base annua a 1.544.108 dollari e un aumento del 171% del profitto lordo a 763.805 dollari. Nonostante le difficoltà del settore dovute alle guerre tariffarie, l'azienda mantiene una prospettiva positiva grazie ai rapporti consolidati con importanti operatori logistici cross-regionali.
Nel 2024 la società ha sostenuto costi maggiori legati alla quotazione sui mercati OTC, ma si prevede una riduzione di tali spese nel 2025. Marvion prevede di espandere le proprie attività con l'apertura del quarto magazzino nel secondo trimestre del 2025.
Marvion (OTC: MVNC) reportó sólidos resultados financieros para el año fiscal 2024, logrando un crecimiento interanual de ingresos del 134% hasta 1.544.108 dólares y un aumento del 171% en la ganancia bruta hasta 763.805 dólares. A pesar de los desafíos del sector derivados de las guerras arancelarias, la compañía mantiene una perspectiva positiva basándose en relaciones establecidas con importantes operadores logísticos transregionales.
La empresa enfrentó mayores gastos en 2024 relacionados con su cotización en los mercados OTC, aunque se espera que estos costos disminuyan en 2025. Marvion planea expandir sus operaciones con la apertura de su cuarto almacén en el segundo trimestre de 2025.
Marvion (OTC: MVNC)는 2024 회계연도에 강력한 재무 성과를 보고했으며, 전년 대비 매출이 134% 증가하여 1,544,108달러를 기록했고, 총이익은 171% 증가하여 763,805달러에 달했습니다. 관세 전쟁으로 인한 업계의 어려움에도 불구하고, 회사는 주요 지역 간 물류 운영자들과의 확립된 관계를 바탕으로 긍정적인 전망을 유지하고 있습니다.
회사는 2024년에 OTC 시장 상장과 관련된 비용 증가를 겪었으나, 이러한 비용은 2025년에 감소할 것으로 예상됩니다. Marvion은 2025년 2분기에 네 번째 창고를 개설하며 사업을 확장할 계획입니다.
Marvion (OTC : MVNC) a annoncé de solides résultats financiers pour l'exercice 2024, enregistrant une croissance du chiffre d'affaires de 134 % en glissement annuel à 1 544 108 dollars et une augmentation de 171 % du bénéfice brut à 763 805 dollars. Malgré les défis du secteur liés aux guerres tarifaires, l'entreprise reste optimiste grâce à ses relations établies avec de grands opérateurs logistiques transrégionaux.
En 2024, la société a fait face à des dépenses accrues liées à son introduction en bourse sur les marchés OTC, mais ces coûts devraient diminuer en 2025. Marvion prévoit d'étendre ses opérations avec l'ouverture de son quatrième entrepôt au deuxième trimestre 2025.
Marvion (OTC: MVNC) meldete starke Finanzergebnisse für das Geschäftsjahr 2024 und erzielte ein Umsatzwachstum von 134 % im Jahresvergleich auf 1.544.108 US-Dollar sowie eine Steigerung des Bruttogewinns um 171 % auf 763.805 US-Dollar. Trotz branchenbedingter Herausforderungen durch Zollkriege bleibt das Unternehmen aufgrund etablierter Beziehungen zu großen grenzüberschreitenden Logistikbetreibern optimistisch.
Im Jahr 2024 hatte das Unternehmen erhöhte Ausgaben im Zusammenhang mit der Börsennotierung an den OTC-Märkten, erwartet jedoch, dass diese Kosten 2025 sinken werden. Marvion plant, seine Aktivitäten mit der Eröffnung des vierten Lagers im zweiten Quartal 2025 auszuweiten.
- Revenue grew 134% YoY to $1,544,108
- Gross profit increased 171% YoY to $763,805
- Fourth warehouse expansion planned for Q2 2025
- OTC Markets-related expenses expected to decrease in 2025
- Impact of tariff wars on industry operations
- Increased non-operational expenses from OTC Markets listing
CEO of Marvion Inc. Mr. Chan Sze Yu spoke for Marvion, "With industry market pressures coming from the tariff wars, we continue to work very hard to hold tight to our business operations and keep looking for new business opportunities to maintain a business growth in the future. With our past track records and business relationships with major cross-regional logistic operators, we are still seeing growth opportunities, and we will continue be working extremely hard to maintain a business growth in the coming years."
"We have faced some extra non-business operational expenses in 2024 when we have decided to become a publicly traded company on the OTC Markets, such cost would expect to reduce a lot in 2025. Our fourth warehouse will be ready in Q2 2025 which will allow us to expand our services in a larger scope," added Mr. Chan.
About Marvion
Mavion (MVNC) is a group provides logistics and warehousing services in the
Website: http://www.unitedksk.com
For media queries, please contact:
ir@unitedksk.com
View original content:https://www.prnewswire.com/news-releases/marvion-inc-announces-annual-financial-results-for-2024-with-134-gain-in-year-to-year-revenue-302439165.html
SOURCE Marvion Inc.
FAQ
What was Marvion's (MVNC) revenue growth in 2024?
How much did Marvion's (MVNC) gross profit increase in 2024?
When will Marvion (MVNC) open its fourth warehouse?
How are tariff wars affecting Marvion's (MVNC) business operations?
What impact did becoming publicly traded have on Marvion's (MVNC) expenses in 2024?
