Recent Updates — GMHS
Gamehaus Holdings Inc. reported unaudited financial results for the fourth quarter and fiscal year ended June 30, 2026. Q4 revenue decreased 20.8% to US$24.3 million from US$30.7 million, with net income falling 38.2% to US$0.9 million due to strategic reductions in user acquisition spending and marketing costs. Full-year revenue declined 11.4% to US$104.7 million, while full-year net income remained stable at US$3.9 million. The company announced a one-year extension of its share repurchase program through August 28, 2027, with an aggregate authorization not exceeding US$5 million. Management outlined a strategic transition toward AI-generated content and cash flow management for legacy titles. Gamehaus Holdings Inc. operates in the mobile gaming industry as a technology-driven publisher.
Gamehaus Holdings Inc. held extraordinary general meetings on July 10, 2026, where shareholders approved a significant voting rights variation. Class B ordinary shares will increase their voting power from fifteen votes to fifty votes per share. Shareholders also approved the adoption of the Second Amended and Restated Memorandum and Articles of Association to reflect this change. The Class A EGM saw 27,787,487 Class A ordinary shares present, representing 56.1% of total voting power. The EGM saw 20,014,369 Class A and 7,799,057 Class B ordinary shares present, representing 82.3% of total voting power. Gamehaus Holdings Inc. is a company that operates in the technology and investment sector.
Gamehaus Holdings Inc. received a notification from Nasdaq regarding a violation of the minimum bid price requirement. The company is required to take corrective action to maintain its listing on the exchange. Gamehaus Holdings Inc. is a company in the gaming and technology industry.