FansUnite Entertainment Inc.

Recent News

FansUnite Reports Fourth Quarter and Full Year 2023 Financial Results
Total revenue of $23.72 million for the full year of Fiscal 2023, an increase of 3% over Fiscal 2022 Gross margin of $14.88 million (63%) for Fiscal 2023 as compared to $12.83 million (56%) for Fiscal 2022 Company to host Year End earnings call on Tuesday, April 2, 2024 at 10:00 AM EST / 7:00 AM PST Vancouver, British Columbia--(Newsfile Corp. - April 1, 2024) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company"), a global online...
2024-04-01 7:12 PM EDT
FansUnite to Report Fiscal 2023 Financial Results and Host Investor Webinar
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2024) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company"), a global online gaming and affiliate business leader, is pleased to announce that it will file its audited consolidated financial statements and associated management's discussion and analysis ("MD&A") for the year ended December 31, 2023 on Monday, April 1st, 2024. The management team of FansUnite will host an investor webinar to discuss the Company's Fiscal 2023 financial results and growth...
2024-03-20 8:00 AM EDT
FansUnite Announces Preliminary Unaudited Fiscal 2023 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company"), a global online gaming and affiliate business leader, is pleased to report preliminary unaudited revenue and gross margin results for the fiscal year ended December 31, 2023 ("Fiscal 2023"). All amounts are stated in Canadian dollars unless otherwise indicated.Preliminary Unaudited Fourth Quarter and Fiscal 2023 Financial Highlights: Total revenue for the twelve months ended December 31, 2023 was in the...
2024-03-14 8:00 AM EDT
FansUnite CEO Provides Year End Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") is pleased to share the following corporate update from its CEO, Scott Burton.As we approach the close of the fiscal year, I want to provide a comprehensive update on the performance and trajectory of FansUnite. Despite the widespread business and macro-economic challenges experienced by many businesses this year, FansUnite has remained resilient and has taken the necessary steps to ensure...
2023-12-20 8:00 AM EST
FansUnite Reports Third Quarter 2023 Financial Results
Total revenue for the quarter was $4.8 million, an increase of 12% over the prior year.Gross margin for the quarter increased to 59%, compared to 50% in the prior year. Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") announced that it has filed its condensed consolidated interim financial statements and associated management's discussion and analysis ("MD&A") for the three and nine month periods ended September 30, 2023. All...
2023-11-14 6:35 PM EST
FansUnite to Report Third Quarter Fiscal 2023 Financial Results and Host Earnings Call
Total revenue from continuing operations in the range of $4.5 million to $4.8 million for the three months ended September 30, 2023, a 5% to 12% increase as compared to the same period in the prior year.Gross margin from continuing operations in the range of 56% to 59% for the three months ended September 30, 2023 as compared to 50% for the same period in 2022.Total adjusted EBITDA in the range of $(0.1) million to $0.2 million for the three...
2023-10-31 7:30 AM EDT
FansUnite Announces Migration of DragonBet and Departure of Chief Technology Officer
Company expects to achieve approximately $7.1 million in cost savings and is on a firm path to generate positive cash flow in Q4 2023Continuing with the strategic plan to improve financial efficiency by focusing on the more profitable Affiliate segment which produces substantial revenues and contributes strong gross margins.Vancouver, British Columbia--(Newsfile Corp. - August 24, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") announced that it has reached an agreement with DragonBet, a Welsh-based UK...
2023-08-24 8:00 AM EDT
FansUnite Reports Second Quarter 2023 Financial Results
Total revenue of $5.3 million in Q2 Fiscal 2023, an increase of 14% over Q2 Fiscal 2022Gross margin of $3.3 million (62%) in Q2 Fiscal 2023, an increase of 70% as compared to $2.0 million (41%) in Q2 Fiscal 2022EBITDA of $4.3 million in Q2 Fiscal 2023, an increase of $15.3 million as compared to ($11.1) million in Q2 Fiscal 2022Unrestricted cash increased to $3.5 million as of June 30, 2023, as compared to $2.9 million as of December 31,...
2023-08-14 6:17 PM EDT
FansUnite to Report Second Quarter Fiscal 2023 Financial Results and Host Earnings Call
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") is pleased to announce that it will file its condensed consolidated interim financial statements and associated management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2023, on Monday, August 14, 2023. In addition, the management team of FansUnite will host an earnings call to discuss the Company's second quarter Fiscal 2023 financial results and growth...
2023-08-09 8:00 AM EDT
FansUnite Announces Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") is pleased to announce the voting results of its annual general meeting of shareholders (the "Meeting") held on June 23, 2023.All nominees listed in the Company's management information circular dated May 10, 2023, were duly elected as Directors of the Company, to hold office until the next annual meeting of the shareholders, with the results set out in the...
2023-06-30 5:30 PM EDT

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