Breaking Data Reports 72% Increase in GIVEMESPORT Advertising Revenues for Fiscal Q2
November 30 2017 - 7:30AM
Breaking Data Corp. (TSXV:BKD)(OTC:BKDCF)
("Breaking
Data" or the "Company") is pleased to report that its
wholly-owned subsidiary Sports New Media Holdings Limited ("SNM"),
owner of GIVEMESPORT, saw its fiscal 2018 second quarter Net
Advertising Revenue increase by 72% in GBP, compared to the same
fiscal period last year.
Quarterly Revenue
|
|
Period |
Currency GBP |
Q2 fiscal 2018 |
£1,301,789 |
(+72% vs Q2 fiscal 2017) |
Q1 fiscal 2018 |
£1,139,909 |
(+71% vs Q1 fiscal 2017) |
Q4 fiscal 2017 |
£920,225 |
(+50% vs Q4 fiscal 2016) |
Q3 fiscal 2017 |
£901,180 |
(+21% vs Q3 fiscal 2016) |
Q2 fiscal 2017 |
£755,736 |
(+13% vs Q2 fiscal 2016) |
Q1 fiscal 2017 |
£668,324 |
(-17% vs Q1 fiscal 2016) |
|
|
|
Breaking Data’s consolidated revenue from all
sources, for the 6-month period ended September 30, 2017, included
in its unaudited management financial statements were $3.264
million USD, compared to $1.955 million USD for the same period
last year. The financial filings can be found on sedar.com.
Nick Thain CEO of Breaking Data Corp. said:
"Once again the GIVEMESPORT team has delivered another quarter of
increased ad revenue, making five successive quarters of growth on
a comparative quarterly basis. We continue to make progress
and anticipate that this can continue in coming quarters.”
“In addition, GIVEMESPORT continues deliver
world class partnerships to its audience with its recently renewed
NBA and NFL UK partnerships for 2017/2018 season, as well as its
recent Facebook-exclusive coverage of the PGA Golf Championships in
August, driving more than 1.3 million video streams. We are very
encouraged by the significant opportunities in social broadcasting
of major sporting events as well as the progress of our artificial
intelligence platform in our mobile and advertising
strategies. “
Notes to editors: Breaking
Data's fiscal year end is March 31st. The Company’s reporting
currency is USD and consequently the reported unaudited financial
statement revenue increase year to date for the 6 months ended
September 30, 2017 is 67% when taking into effect the foreign
currency translation from consolidated revenues in CAD and GBP to
USD. All revenue numbers above are unaudited management
results for fiscal 2018, and extrapolated from the annual audited
results for fiscal 2017. The financial statements can be found
on sedar.com.
About Breaking Data Corp:
breakingdatacorp.comBreaking Data Corp. is a technology provider of
a range of Artificial Intelligence services including; semantic
search, machine learning and natural language processing ("NLP").
The Company's technology platform has many practical applications,
in multiple business and consumer verticals that are immersed in
massive media and data rich settings. The Company's showcase app,
BreakingSports, utilizes semantic machine learning and NLP to track
social media in a fully automated, real-time manner for significant
sports information and events and distributes summarized
information through real-time push notifications to consumers.
About GIVEMESPORT:
givemesport.comGIVEMESPORT, Breaking Data's recent acquisition, is
a leading next generation sports media company with the largest
single publisher Facebook page in the world, with over 26.28
million fans. The next largest single sports publisher Facebook
page is ESPN with 18.46 million fans. GIVEMESPORT's content
generates over 3.1 billion impressions (Aug-17), reaching over 119
million unique users (Aug-17) per month on Facebook alone. Visit
GIVEMESPORT's Facebook page at facebook.com/GiveMeSport.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary and Forward-looking Statements -
Statements contained in this news release, which are not historical
facts, are forward-looking statements that involve risk,
uncertainties and other factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. There can be no assurance that such
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. All forward-looking statements included in this news
release are based on information available to the Company on the
date hereof. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that could cause
actual results of the Company to differ materially from the
conclusion, forecast or projection stated in such forward-looking
statements. These risks, uncertainties and other factors include,
but are not limited to factors referenced in the Company's other
continuous disclosure filings, which are available at sedar.com.
Readers should not place undue reliance on these forward-looking
statements. The Company assumes no obligation to update any
forward-looking statements, except as required by applicable
securities laws.
Contact: David Berman CFO 905-761-9200
davidb@breakingdatacorp.com Nick Thain CEO
nick@breakingdatacorp.com
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