Scores Holding net income rises to $47,265 in FY24; revenue falls 20.29% to $279,000

SCORES HOLDING COMPANY INC

SCORES HOLDING COMPANY INC

SCRH

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  • Scores Holding posted net income of $47,265 for 2024, up from $11,120 a year earlier.
  • Revenue fell 20.29% to $279,000, driven by $56,000 of deferred revenue recognized in 2023.
  • General and administrative expense narrowed to $231,735 from $338,293, with litigation-related legal costs of $14,151 versus $46,911.
  • Cash and equivalents climbed to $87,049 at year-end from $46,624, while net cash from operations edged up to $40,425 from $39,024.
  • The company flagged substantial doubt about its ability to continue as a going concern, citing a $171,910 working capital deficit and $6.82 million accumulated losses.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scores Holding Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-079238), on June 30, 2026, and is solely responsible for the information contained therein.