<ul><li>M-League, the parent company of gaming unicorn Mobile Premier League (MPL), reported a 22% increase in operating revenue to $127.9 million in FY24, compared to $104.6 million in the previous year.</li><li>Total revenue, including other income, also rose 22% YoY to $130 million during the same period.</li><li>M-League's India revenue grew by 35% to approximately $88 million, despite the impact of a 28% GST on online gaming.</li><li>M-League achieved adjusted EBITDA of $0.2 million in FY24, compared to an adjusted EBITDA loss of $44.7 million in FY23, thanks to cost-cutting measures and operational efficiency.</li></ul>

MPL Parent M-League’s FY24 Revenue Jumps 22% To $128 Mn

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