GOD FUCKING DAMMIT COVER I WAS JUST GOING TO BED AND YOU HAD TO GO AND DROP YOUR Q4

FUCK XD

First thing is that they beat last years Q4 which is always positive for me

FES/EXPO made a lot of money and the profit margin remained above 20%

Streaming tickets was about the same which was expected tbh in hindsight
But adding 50k to the in venue number is pretty massive.
Idk how much bigger this can go though

So it's pretty obvious that streaming has been making less money for cover then the other things

The streaming revenue has been on the decline for some time, hovering around the mid 20's for some time now
So it makes sense for cover to shit the focus a bit

More news on Holoearth

The one on the right is huge
in the span of a year overseas sales has gone up by nearly 3k

Cover really seems focused on the idea of Vtubers doing a lot of things.
They believe the vtuber market can expand to other things

company structure remains about the same