Jan.10.2024

SUZUVERSE Posts Record Sales for December 2023, Ends 2023 with Increased Revenues and Profits

January 10, 2024, Tokyo, Japan - SUZUVERSE, a leading company in the Mixed Reality metaverse that seeks to provide social, spiritual, and economic freedom to people around the world, today announced its financial results for the fiscal year ending December 31, 2023 and the full year ending December 31, 2023, its best performance to date. The company indicated.

Major Highlights for December 2023

  • Record sales of $4.1 million, an increase of 35% from November 2023
  • 97% of users are paying customers, reflecting the extremely high attractiveness of the company's products
  • Monthly active users increased to 4,624, a 19% increase over the previous month
  • 6,356 total contracts, the majority of which are Unlimited Packs
  • Record monthly recurring income of $628,000
  • High average sales per user of $895 (approx. ¥130,000) amid global expansion

'December 2023 was a record-breaking month for SUZUVERSE and a great way to end a great year. Our products and services clearly resonate with our users around the world."

Review of the full year 2023

  • Total revenue in 2023 will exceed $25 million, well above projections
  • Approximately 61% of the 33,000+ total users are paying members
  • 33% user retention rate demonstrates ability to maintain engagement
  • Average revenue per user is $1,245 for the full year.

'I am pleased to report that in the first full year of SUZUVERSE, we have achieved over $25 million in sales. We will continue to innovate in 2024 to combat loneliness and spread happiness throughout the world."

Significant growth forecast for 2024

SUZUVERSE is aSignificant growth in 2024The company reasonably expects total sales to reach $280 million (approx. ¥40.27 billion). Even with more conservative internal targets, we project that next year's sales will exceed $215 million (approx. ¥31.2 billion).

The company plans to expand into North America and China in 2024, building on its strong performance in 2023.

Celebrities Licensed Celebrity Portraits on Recent CheerCastAI AvatarThe first installment is now available and in the app.web3Walletand product updates like this one demonstrate SUZUVERSE's firm post-2024 commitment to realizing the company's vision.


About SUZUVERSE:.

Founded in 2022 by Ryoji Miyauchi, SUZUVERSE is a leading Japanese company in the Mixed Reality Metaverse space. SUZUVERSE's flagship products, CheerCast and Suzuwalk, address issues of contemporary and essential importance to life, such as loneliness, social isolation, and overall health and well-being. SUZUVERSE subscribes to a principled decentralized approach, empowering users to embody true social, spiritual, and financial freedom. For more information, visit the official Suzuverse linkhttps://go.suzuverse.com/linktreeをご覧くださいThe following is a list of the most common problems with the

Media Inquiries:.

For more information on SUZUVERSE's latest financial results and other information,Angeline "Chii" Viray (Investor Relations)by e-mail toir@suzuverse.com) or WhatsApp (+639608994989Please contact us at