FreeCast net loss narrows 8% in year ended June 30, 2026; revenue rises 13% to $710,882
Bitget2026/09/28 21:20- FreeCast posted revenue of $710,882 for the year ended June 30, 2026, up 13% year over year.
- Ad revenue climbed 42% to $385,602, while FAST revenue rose 21% to $267,509.
- Subscription revenue fell 58% to $56,311; management attributed the drop to its shift to a free registration service.
- Cost of revenue dropped 63% to $127,556, while operating expenses decreased 6% to $13.26 million.
- Cash was $8.92 million at June 30, 2026; net cash used in operating activities narrowed to $10.03 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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