CMG Holdings Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
April 16, 2024 at 05:28 pm EDT
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CMG Holdings Group, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 2.04 million compared to USD 2.03 million a year ago. Net loss was USD 0.122517 million compared to net income of USD 0.017617 million a year ago.
CMG Holdings Group, Inc. is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. The Company's segments include XA The Experiential Agency, Inc. (XA) and CMG Holdings Group. It operates in the sectors of experiential marketing, event marketing, commercial rights, and talent management. Its experiential marketing includes production and promotion, event designs, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set designs, data analysis, and management. It also offers branding and design services, including graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations and interactive marketing platforms to provide its clients with a customary private digital media network to develop individual broadcasting digital media channels.