VANCOUVER, BC, July 10, 2023 /CNW/ -- GameOn (CSE: GET) (OTCQB: GMETF), a next generation fantasy sports platform partnered with the world's best sports leagues to launch, operate, and monetize web3 games, today announces that it has filed its interim unaudited financial statements for Q1 2023.
Q1 '23 was our best quarter yet. During the bear of 2022 we've become lean, optimized resources, & focused on cash flow.
Q1 financial highlights include:
Revenue of $472,188 compared to $207,151 in 2022 (148% increase year-on-year).
Net loss and comprehensive loss of $389,669 compared to $1,089,694 in 2022 (64% decrease year-on-year).
Net cash outflows from operations of $101,393 compared to $819,475 in 2022 (87% decrease year-on-year).
"We've kicked off 2023 with our best quarter yet," said GameOn CEO Matt Bailey. "During the bear trend of 2022 we've become lean, optimized resources, and focused on cash flow. We're now bearing the fruits of that labor with our fundamentals clearly headed in the right direction."
Q1 business highlights include:
Karateka, in partnership with Karate Combat, has sold out three consecutive sales windows, minting 5,000+ collectibles (Karatekas and gear packs). 1,000+ Dojo accounts with wallets (or 'lockers') have been created, with a following of 8,000+ across social media, email, and Discord.
Secured non-dilutive grant funding from prominent blockchain Hedera.
Secured $1.81 million in funding led by Lightning Capital and Flow, the blockchain platform started by NBA Top Shot maker Dapper Labs. The funds will be used to accelerate GameOn's PLAYN3XT platform and acquisition of major league IP partners.
Filed and announced 2022 audited financial statements, recording record numbers.
"We're doubling down on our PLAYN3XT focus and major league strategy," said Bailey. "We expect continued forward progression in the months and quarters to come."
See SEDAR for full copies of the Company's consolidated financial statements and MD&A.
不列顛哥倫比亞省溫哥華，2023 年 7 月 10 日 /CNW/ — GameOn（CSE: GET）（OTCQB: GMETF）是一家與世界上最好的體育聯盟合作推出、運營Web3遊戲並實現盈利的下一代夢幻體育平臺，該公司今天宣佈已提交2023年第一季度未經審計的中期財務報表。
23年第一季度是我們迄今爲止最好的季度。在 2022 年的熊市時期，我們變得精簡、優化了資源，並專注於現金流。
第一季度財務亮點包括：
收入爲472,188美元，而2022年的收入爲207,151美元（同比增長148％）。
淨虧損和綜合虧損爲389,669美元，而2022年爲1,089,694美元（同比下降64％）。
運營淨現金流出量爲101,393美元，而2022年爲819,475美元（同比下降87％）。
GameOn首席執行官馬特·貝利說：“我們已經以迄今爲止最好的季度拉開了2023年的序幕。”“在 2022 年的熊市趨勢中，我們已經變得精簡、資源優化，專注於現金流。我們現在正在承受這項勞動的成果，我們的基本面顯然朝着正確的方向發展。”
第一季度業務亮點包括：
空手道，與 空手道大戰，已經連續三個銷售窗口售罄，鑄造了5,000多個收藏品（空手道和裝備包）。已經創建了1,000多個帶有錢包（或 “儲物櫃”）的Dojo賬戶，在社交媒體、電子郵件和Discord上有8,000多名關注者。
從著名區塊鏈獲得非稀釋性贈款資金 Hedera。
獲得了 181 萬美元的資金 資金 由Lightning Capital和Flow領導的區塊鏈平臺由NBA Top Shot製造商Dapper Labs創立。這筆資金將用於加速 GameOn 的 PLAYN3XT 平臺和對美國職業棒球大聯盟知識產權合作伙伴的收購。
提交併公佈 2022 年經審計的財務報表，記錄了創紀錄的數字。
貝利說：“我們正在加倍努力 PLAYN3XT 的重點和美國職業棒球大聯盟的戰略。”“我們預計，在未來幾個月和幾個季度中，我們將繼續向前邁進。”
有關公司合併財務報表和MD&A的完整副本，請訪問SEDAR。
