Breaking Data Reports 111% Increase in GIVEMESPORT Advertising Revenues for Fiscal Q3
March 05 2018 - 7:30AM
Breaking Data Corp. (TSXV:BKD)
(OTCQX:BKDCF)
("Breaking Data" or the
"Company") a technology provider of semantic search,
machine learning and natural language processing and owner of
GIVEMESPORT, a leading next generation sports media company is
pleased to announce that GIVEMESPORT, saw its fiscal 2018 third
quarter Net Advertising Revenue increase by 111% in GBP, compared
to the same fiscal period last year.
Quarterly Revenue
Period |
Currency GBP |
Q3 fiscal 2018 |
£1,901,558 |
(+111% vs Q3 fiscal 2017) |
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 9-month period ended December 31, 2017, included
in its unaudited management financial statements were $5.662
million USD, compared to $3.094 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: "We
are pleased to see that our GIVEMESPORT team has increased ad
revenue, making six successive quarters of growth on a comparative
quarterly basis. We are continuing to diversify our revenue
streams, bringing in premium branded content to complement our
Programmatic Advertising division within GIVEMESPORT and software
licensing in to Breaking Data Corp. “
Jae Chalfin, CCO of GIVEMESPORT said: “We have
created meaningful and powerful content on behalf of great brands
with key agencies. In addition, we continue to strengthen out
the team and develop our production capabilities while leveraging
GIVEMESPORT global distribution.”
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 9 months ended
December 31, 2017 is 83% when taking into effect the foreign
currency translation from consolidated revenues from all sources,
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.
www.breakingdatacorp.com/
Breaking 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.
GIVEMESPORT:
www.givemesport.com/
GIVEMESPORT, Breaking Data's wholly owned
subsidiary, is a leading next generation sports media company with
the largest single publisher Facebook page for sports in the world,
with over 26 million fans. The next largest single sports publisher
Facebook page is ESPN with approximately 18 million fans.
GIVEMESPORT has a global Alexa ranking of 625th (Dec-17), reaching
over 32 million monthly visitors (Dec-17). 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: Breaking Data Corp. Nick Thain, CEO
nick.thain@givemesport.com www.breakingdatacorp.com
www.givemesport.com
David Berman CFO 905-761-9200 davidb@breakingdatacorp.com
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