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Aureus Greenway Holdings Inc. Releases Fiscal Year 2024 Financial Results

1. AGH reported $3.3M revenue for 2024, down from $3.6M in 2023. 2. The company incurred a net loss of $0.2M compared to $0.4M profit in 2023. 3. Rounds played decreased to 56,000 in 2024, down from 66,000 a year prior. 4. AGH operates golf clubs aimed at both locals and tourists in Florida. 5. The release includes forward-looking statements with associated risks.

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FAQ

Why Bearish?

The drop in revenue and net loss indicate weakening financial health, similar drops in 2020 led to significant stock declines in leisure sectors.

How important is it?

The financial results directly impact AGH's performance perception, influencing investor sentiment substantially.

Why Short Term?

Immediate negative sentiment from poor financial results will likely diminish investor confidence temporarily.

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CZRPNYPGA
Kissimmee, FL, March 28, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”) (NASDAQ: AGH), announced today that it has released its financial results for the year ended December 31, 2024. The results and accompanying annual reports are available on the U.S. Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov, and on the Company's investor relations website, https://www.aureusgreenway.com/secfilings. Financial highlightsThe Company recorded a revenue of approximately $3.3 million for the year ended December 31, 2024, compared to $3.6 million for the year ended December 31, 2023. Net loss of $0.2 million, compared to net income of $0.4 million for the year ended December 31, 2023. Total number of rounds played was approximately 56,000 rounds during the year ended December 31, 2024, compared to 66,000 rounds for the year ended December 31, 2023. About Aureus Greenway Holdings Inc.Aureus Greenway Holdings Inc. owns and operates daily fee golf country clubs in the state of Florida that are designed to appeal to a wide-ranging population. The combination of our strategic locations and approachable golf-courses attracts both local and tourist demographics, allowing us to offer a variety of golf experiences while capturing a broad share of discretionary leisure spending. For more information, please visit our website at www.aureusgreenway.com. Forward-Looking StatementsThis press release contains forward-looking statements that reflect the Company’s current expectations and views of future events. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For a discussion of these risks and uncertainties, please refer to the “Risk Factors” section of the Company’s final prospectus related to the offering filed with the SEC. Contact:Aureus Greenway Holdings Inc. aureus@golfkissimmeebay.com

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