Shares of VS Media Holdings Ltd (NASDAQ: VSME) are trading higher following renewed market interest in the company's AI Smart Living plans and a previously announced debt conversion deal. The stock price rose after a steep 12-month decline.
VS Media Holdings manages a network of digital Creators who produce content for social media platforms including YouTube, Facebook, Instagram, and TikTok. The company's Creators include influencers, Key Opinion Leaders (KOLs), bloggers, and other content creators.
According to the provided data, the company's market capitalization is approximately $3.71 million. The stock is currently trading on the NASDAQ exchange.
Financial metrics for the trailing twelve months (TTM) include total debt of $2.66 million and total cash of $976,090. The company reported a negative operating cash flow of $3.51 million and a negative free cash flow of $3.53 million during this period.
VS Media Holdings is categorized within the Communication Services sector and the Interactive Media & Services industry. The company lists Alphabet Inc (NASDAQ: GOOGL) and Meta Platforms Inc (NASDAQ: META) as competitors in its sector.
