$BTDG BreakingNews B2Digital on Pace for 300% Annu
Post# of 102788
Tampa, FL, Dec. 02, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is pleased to provide a summary of unaudited performance results for month of November 2021 as well as insights into how the Company is tracking for the three months ending December 31, 2021 and the 12 months ending March 31, 2022.
“We have seen some very exciting signals from the marketplace that suggest our core B2Digital brands continue to grow at a rapid pace, positioning us to scale at an accelerating clip over coming quarters,” stated Greg P. Bell, CEO of B2Digital. “November was another strong month that sets up a strong close to the Company’s most successful year of operations.”
November consolidated revenues (unaudited) demonstrated significant year-over-year growth, with sales expanding over 125% compared to the same period in 2020. Live events contributed significantly to this growth, with November 2021 live events revenues jumping over 460% higher on a year-over-year basis compared to November 2020.
For the three months set to end on December 31, 2021, the Company is on pace to more than double its revenues on a year-over-year basis. For the fiscal year set to end on March 31, 2022, the Company is on pace, as of the end of November, to drive potential annual growth of more than 300% in total sales across all segments.
Bell continued, “Looking ahead, we plan to continue to invest in brand growth and to seek to fuel performance gains through additional acquisitions as well as increasing average per-event revenues and steady growth in the number and scale of our B2 Fighting Series live MMA events.”
About B2Digital Inc.
B2Digital (OTC: BTDG) is the premier development league for mixed martial arts (“MMA”). The Company operates in two major branded segments: The B2 Fighting Series and The ONE More Gym Official B2 Training Facilities Network. The Company primarily derives revenues from live event ticket sales, pay-per-view ticket sales, content media marketing, and fitness facility memberships.
https://finance.yahoo.com/news/b2digital-pace...00339.html