TGS Esports Reports Record Monthly Revenue of $282,220 in First Month of New Fiscal Year
TGS Esports Inc. (“TGS” or the “Company“) (TSXV: TGS) (OTCQB: TGSEF) (FRA: 5RH) is excited to start their new fiscal year with a record month of revenue.
In the month of July TGS generated $282,220 in revenue, more than TGS reported in the first three quarters of the previous fiscal year combined.
The revenue came from multiple aspects of the company including:
- Release of additional Pepper features supporting new partnerships with large international brands including HyperX, MyBookie, and Clearly.
- A strong start to ticket sales for Pinnacle, TGS’ major in person esports event taking place in October (https://investtgs.com/news/news-details/2021/TGS-Announces-Pinnacle-Canadas-First-Live-Esports-Event-Post-Pandemic-October-8-10-at-the-Vancouver-Convention-Centre/default.aspx).
- A sold out Lets Make Big Moves event put on by TGS’ latest acquisition, Even Matchup Gaming. This event will take place in New York from January 7th to 9th, 2022.
- Developer partnerships in which TGS ran tournaments, events, production, and content creation directly for developers of popular games such as Conqueror’s Blade.
- New scholastic partnerships with institutions including NorQuest College, Wilfred Laurier University, University Canada West, LaSalle College, and more.
“The last twelve months we have been strategically building our company with a focus on making this fiscal year all about revenue. With the foundation we have built and the acquisitions we have made we are primed to accomplish our goals. July is a great start.” said Spiro Khouri, CEO of TGS. “Our goal is to provide value to all of our partners. With the network TGS now has, along with the resumption of large live events and the planned re-opening of our Vancouver facility, we have a value offering that is unparalleled.”
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