String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Posts Q2 FY25 Consolidated Revenue of Rs 87.8 Crores and EBITDA of Rs 7.91 Crores

String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Posts Q2 FY25 Consolidated Revenue of Rs 87.8 Crores and EBITDA of Rs 7.91 Crores

Hyderabad (Telangana) [India], November 13: String Metaverse Limited (formerly Biogreen Papers Ltd, BSE 534535) has announced its Q2 FY25 financial results, reporting a consolidated revenue of Rs87.8 crores and an **EBITDA of Rs7.91 crores.

String Metaverse Limited (Bio Green Papers Ltd, BSE 534535) has reported impressive revenue of Rs137.82 crores and a profit after tax (PAT) of Rs12.13 crores for the first half of FY25. The PAT figure includes a one-time expense of Rs2.45 crores related to merger stamp duty and authorized capital fees. These results reflect the company’s successful pivot to cutting-edge domains such as Web3 gaming, artificial intelligence (AI), and blockchain technology.

Key Highlights:

* Revenue: Rs137.82 crores in six months.

* Profit After Tax: Rs12.13 crores (includes one-time costs).

* Global User Base: Over 2 million active users across gaming platforms.

* Attention Economy: Captured 126 billion seconds of engagement in six months (Source: Google Analytics).

Building digital communities through String Metaverse’s Ecosystem for the attention economy, which is valued at an estimated $7 trillion.

Through its UAE subsidiary, String Metaverse, the company has secured strategic licenses, including an AI license, blockchain node license, digital asset trading license, and e-sports license in RAK DAO. These licenses position String Metaverse as a formidable player in the blockchain-enabled gaming and digital commerce space.

Innovation with Project MidEarth

The company is advancing Project MidEarth, a revolutionary initiative to create an “Army of AI Agents” that integrates blockchain technology for AI monetization.

These AI agents are designed to perform roles such as:

– Managing digital assets

– Facilitating payments between agents and humans

– Providing liquidity as a service

– Enhancing digital asset security

– Driving data-driven decision-making in trading

The project aims to pioneer the AI agent economy, enabling real-time settlements and fostering trustless, truth-based systems through blockchain integration.

Future Outlook:

Santosh Althuru, CEO of String Metaverse, stated, “We are building an agent economy that will grow alongside the human economy, enabling commerce and monetization across multiple blockchains. We anticipate achieving a CAGR of 70% to 100% over the next three years, driven by innovations in AI and blockchain commerce.”

With its focus on technological advancements and strategic global partnerships, String Metaverse Limited is set to redefine the future of AI-driven commerce and blockchain gaming.

HCKK Announces Year-End Financial Results and Appoint New Managing Director

HCKK Announces Year-End Financial Results and Appoint New Managing Director

Year-End Financials Indicate Strong Recovery. New Leadership to Navigate Future Growth: Mr. Apurv Bhargav Appointed as Managing Director

Mumbai, Maharashtra – Today, following a board meeting, HCKK has officially announced its financial results for the fiscal year 2022-23. This year marked a significant improvement in the company’s financial performance, with a noteworthy decrease in losses from 10.40 Lakhs in the previous year to 4.98 Lakhs.

More importantly, HCKK ended the fiscal year on an exceptionally high note, reporting a first-ever profit of 7.71 Lakhs for the last quarter ending March 2023. This substantial turnaround from the 15.69 Lakhs loss experienced in the quarter ending December 2022 signals a promising future for the company.

This positive uptick in HCKK’s financial health is a testament to the company’s persistent efforts in improving its operational efficiency and strategic decision-making processes.

In a move to steer the company toward further growth, the board has approved the appointment of Mr. Apurv Bhargav as the new Managing Director of HCKK. The board believes Mr. Bhargav’s leadership and unique perspective will guide the company in achieving its growth and profitability objectives.

As HCKK enters this new chapter under Mr. Bhargav’s leadership, all eyes will be on the company’s performance in the upcoming fiscal year. HCKK is excited about the opportunities ahead and is confident that the appointment of the new Managing Director will contribute to the company’s sustained growth.

Newly appointed Managing Director of HCKK, announces a growth-focused strategy encompassing both organic and inorganic avenues. With plans to diversify the company’s portfolio into software products and services across industry verticals, such as Education, Telecom, and Logistics, the future looks promising under his visionary leadership. Leveraging his deep-seated experience, technical knowledge, and collaborative ethos, he stands committed to the company’s accelerated growth.

For further information contact info@hckkventures.com