Jul. 19 at 11:54 PM
$GMETF GameOn Drives Record
$1.85M in Revenue, Reports Profitable Q1 🎉
Highlights of the financial statements include record revenue reaching
$1.85m for the quarter (292% increase year-on-year) and net income reaching a profitable
$680K (compared to a net loss of
$390K in the same period in 2023).
“Q1 delivered a profitable quarter and watershed moment for the company,” said GameOn CEO, Matt Bailey. “Despite the backdrop of a challenging economic and micro-cap landscape, we continue to drive fundamentals to new heights. Our growth is fueled by our cemented position as a leader in next-gen sports gaming, and our partnerships with the best leagues in the world.”
See SEDAR for full copies of the Company's consolidated financial statements and MD&A.