Why Did TNL Mediagene Stock Plunge 15.79% Despite 35.3% Revenue Growth?

TNL Mediagene's stock price plummeted by 15.79% in pre-market trading on May 2, 2025, marking a significant decline for the company.

TNL Mediagene reported a 35.3% year-over-year revenue growth for the fiscal year 2024, reaching $48.5 million. This growth was driven by strong performance across all business units, particularly in the Media & Branded Content segment, which saw a 41% increase. The Technology business unit also experienced significant growth, with a 34% increase, while the Digital Studio segment reported a 33% growth.

The company's gross profit for FY2024 reached $17.7 million, reflecting a 40.2% rise from the previous year. The gross margin improved to 36.6%, indicating successful cost optimization strategies. The adjusted EBITDA for the year stood at -$0.9 million, slightly better than the previous year, showing the company's focus on improving profitability.

TNL Mediagene's strategic moves in 2024 included a successful public listing on NASDAQ under the ticker TNMG, strengthening its board with seasoned professionals, and forming significant partnerships with PChome Online and Business Insider to expand its operations in the e-commerce and digital media sectors.

Looking ahead, TNL Mediagene plans to continue its growth through mergers and acquisitions, optimizing its capital markets strategy, and leveraging AI-driven technologies to achieve sustainable profitability. The company is also focusing on major industry events, such as co-hosting the Generative AI Dual Conference in 2025, to attract participants interested in AI innovations.