TheScore reports 73m gaming handle for Q3 revenue of 6 4m
TheScore has announced its financial figures for Q3 2021, which show record results for the company
TheScore has announced its financial figures for Q3 2021, which present record book results for the company.
Total Q3 2021 gaming handle on theScore Bet amounted to $73m; the firebrand also generated its highest-ever betting handgrip for a single month with $30.8m inward March.
Similarly, there was another third-quarter enter inward terms of media revenue, which increased past 5% inward equivalence to 2019, to a total of $8.9m.
The manipulator also achieved tape participation on its sports media app, with a third-quarter tape of 470.2 gazillion user sessions; a 19% step-up from 2019.
Users opened the app an average out of 126.1 times each month, which is an all-time mellow for mean(a) monthly sessions per user across 3.7 one thousand thousand mean(a) monthly users.
Total revenue for the quarter was $6.4m, with an Earnings Before Interest Taxes Depreciation and Amortization loss of $21.1m compared to an Earnings Before Interest Taxes Depreciation and Amortization loss of $8.7m the previous year.
TheScore says the deprivation was due to “ongoing expanding upon of the company’s gaming operations, as intimately as costs and pro divine service fees related to to the of late completed US initial public offering.”
John Levy, Chairman and CEO of theScore, said: “TheScore demonstrated continued momentum across our business sector in the fiscal 2021 3rd quarter, as self-coloured gaming grip was complemented past record book third-quarter media revenue.
“Following our successful third-quarter US initial public offering and public listing, our intact squad remains focussed on farther establishing theScore as a leading, structured provider of digital sports media and sports betting end-to-end the U.S. and Canada."