SharpLink Gaming, a provider of targeted, data-driven fan activation and conversion solutions for the US sports betting and igaming industries, has announced its financial results for the three and nine months ended September 30.
Total revenues rose 153 per cent to $3.27m for the three months ended September 30 from $1.29m for the same period in 2022. For the comparable nine-month reporting periods, total revenues increased 101 per cent to $9.92m from $4.94m.
Commenting on the results, CEO Rob Phythian, stated: “I believe we continued to execute well in the third quarter, delivering material growth in revenue and gross margin.
"Our strong top-line results are a direct reflection of the smart expansion moves SharpLink has been making over the past year to optimise our product and service mix to best meet the demands of the fast-evolving US sports betting and igaming industries and the sports fans they serve.”
