FansUnite is a sports and entertainment company, focusing on services related to regulated and lawful online sports betting, casino and other related products.
Key highlights from our CEO's year-end update:
🔹Positive operating cash flows since the start of Q4-2023.
🔹Adjusted EBITDA of $1.1M, up $2.3M YoY for the nine-month period ended Sept. 30, 2023
Press Release: https://t.co/yX3XuOGUck
We will host an #earningscall today at 7 AM PT / 10 AM ET to discuss our Q3 2023 #financialresults as well as our #growthoutlook for the remainder of 2023!
Register here: https://t.co/fH80MnwGy3
Here's a short overview of our Q3 2023 #financialresults:
🔹#Revenue of $4.8M, up 12% YoY
🔹#GrossMargin of 59% as compared to 50% in Q3 2022
🔹Adjusted #EBITDA of $0.2M, up $1.5M YoY
🔹Net #WorkingCapital of $1.5M as of Sept. 30, 2023
Press Release: https://t.co/4GrZhWtRoo
Here's a short overview of our Q3 2023 #financialresults:
🔹#Revenue of $4.8M, up 12% YoY
🔹#GrossMargin of 59% as compared to 50% in Q3 2022
🔹Adjusted #EBITDA of $0.2M, up $1.5M YoY
🔹Net #WorkingCapital of $1.5M as of Sept. 30, 2023
Press Release: https://t.co/4GrZhWtRoo
We will host an #earningscall at 7 AM PT / 10 AM ET on Wednesday, November 15 to discuss our Q3 2023 #financialresults as well as our #growthoutlook for the remainder of 2023!
Register here: https://t.co/Me5Q0jWmWZ
Preliminary unaudited Q3 2023 #financialhighlights:
🔹Q3 #Revenue: range of $4.5M to $4.8M, up 5% to 12% YoY
🔹Q3 #GrossMargin: range of 56% to 59% vs. 50% in Q3 2022
🔹Q3 #AdjustedEBITDA: range of $(0.1)M to $0.2M, up at least $1.2M YoY
Press Release: https://t.co/hAcdlxtt7e
Preliminary unaudited Q3 2023 #financialhighlights:
🔹Q3 #Revenue: range of $4.5M to $4.8M, up 5% to 12% YoY
🔹Q3 #GrossMargin: range of 56% to 59% vs. 50% in Q3 2022
🔹Q3 #AdjustedEBITDA: range of $(0.1)M to $0.2M, up at least $1.2M YoY
Press Release: https://t.co/hAcdlxtt7e
FansUnite Announces Migration of DragonBet and Departure of CTO
🔹Expects to achieve ∼$7.1M in #cost#savings
🔹On a firm path to generate positive #cashflow in Q4 2023
🔹Continue focusing on the more #profitable#Affiliate segment
News Release: https://t.co/hiQ8TBqNpM
We will hosting an #earningscall today at 7 AM PT / 10 AM ET to discuss our Q2 2023 #financialresults as well as our #growthoutlook for the remainder of 2023!
Register here: https://t.co/du6JmSceG0
Here's a short overview of our Q2 2023 #financialresults:
🔹 Revenue of $5.3M, up 14% YoY
🔹 Gross margin of $3.3M (62%), up 70% YoY
🔹 EBITDA of $4.3M, up $15.3M YoY
🔹 Cash increased to $3.5M as of June 30, 2023
Press Release: https://t.co/3mYLb6IC0k
Here's a short overview of our Q2 2023 #financialresults:
🔹 Revenue of $5.3M, up 14% YoY
🔹 Gross margin of $3.3M (62%), up 70% YoY
🔹 EBITDA of $4.3M, up $15.3M YoY
🔹 Cash increased to $3.5M as of June 30, 2023
Press Release: https://t.co/3mYLb6IC0k
Miss #SBCSummitNA? We've got several write ups from panels from the event so you can live vicariously and catch the highlights.
Reps from the MLB, NBA, and operators discussed game integrity and surprising tools that help with that effort: https://t.co/T2Ay61j8AU
Breaking news this a.m.: Several sports betting and gaming companies with licences to operate in Ontario are involved in the establishment of a new coalition to bring regulated gambling to Quebec.
https://t.co/P35avOHUTb
If you missed this morning's Q1 2023 earnings call with CEO Scott Burton and CFO Graeme Moore, you can watch the whole thing here: https://t.co/LUZ3asjI0g
$FANS $FUNFF
FansUnite Reports First Quarter 2023 Financial Results:
- Gross margin of $5.41 million (62%) for the first quarter of Fiscal 2023
- Unrestricted cash increased to $5.18 million as of March 31, 2023
Full PR: https://t.co/ALL2EeEtwB
$FANS $FUNFF
Press Release: @fansunite | $FANS $FUNFF
FansUnite will report its Q1 Fiscal 2023 #financial results on Monday, May 15 and host an #earnings call on Tuesday, May 16 at 10 AM EST / 7 AM PST.
Earnings Call Link: https://t.co/Zg2CilrTno