NIP Group Inc. files 20-F

NIP Group Inc. reported a net loss of US$238.1 million for the fiscal year ended December 31, 2025, a significant increase from the US$12.7 million net loss in 2024. This substantial loss was primarily driven by non-cash goodwill and intangible asset impairments totaling US$186.9 million, mainly associated with the Ninjas in Pyjamas brand and league tournament seat.