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B2 Digital presents unaudited financial highlights for the nine-month period ended December 31, 2021
MMA event revenue up nearly 600%, ticket sales up over 750%, gym memberships up nearly 200%
TAMPA, FL, January 6, 2022 (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 current and potential shareholders with the Company’s unaudited financial performance data for the nine months ended December 31, 2021.
Please note that the data presented below represent provisional unaudited figures which are subject to change in future financial reports.
Highlights of unaudited financial performance for the nine-month period ended December 31, 2021
|•||Total consolidated revenue of $ 1.85 million, up 272% year over year from $ 476,000 last year|
|•||Live Events Segment: Total Revenue Up 593% YoY|
|•||Live Events Segment: Pay-Per-View Revenues Up 355% Year-Over-Year|
|•||Live Events Segment: Gate Ticket Sales Up 768% Year-Over-Year|
|•||Live Events Segment: Referral Revenue Up 490% Year-Over-Year|
|•||One More Gym segment: Total revenue of $ 1.07 million, up 178% year-over-year|
|•||One More Gym segment: contributions and subscriptions up 184% year-on-year|
Greg P. Bell, CEO of B2Digital, commented: “We have seen tremendous and accelerated growth in virtually every major metric related to our performance in the events and gym segments. We continue to drive this growth through both organic execution and strategic activity. We are focused on further expansion based on acquisitions in 2022 as well as capitalizing on sponsorship revenue potential as the B2 Fighting Series brand expands into the US market and becomes a household name in the combat sports market. “
Management looks forward to continued growth in average revenue per event and notes that 2022 is expected to feature more events in more states and at larger venues than 2021 for the B2 Fighting series.
About B2Digital Inc.
B2Digital (OTC: BTDG) is the premier development league for Mixed Martial Arts (“MMA”). The Company operates in two major brand segments: The B2 Fighting Series and The ONE More Gym Official B2 Training Facilities Network. The Company primarily derives its revenues from the sale of tickets to live events, the sale of pay-per-view tickets, multimedia content marketing and subscriptions to fitness facilities.
The live events segment (the B2 fight series) is primarily concerned with planning, organizing and producing live MMA events, marketing these events and generating both live audience sales and PPV tickets, as well as creatively marketing the archived content generated by its operations. in this segment. The company also plans to generate additional revenue over time through sponsorship deals with global brands as its audience grows. The B2 Fighting Series is licensed in 12 US states to operate LIVE MMA Fighting. Most B2 Fighting Series events sell out at the door. The Company now operates at the rate of more than 40 events per year.
The Fitness Facilities segment operates primarily through the official ONE More Gym B2 training facility network. The company currently operates five ONE More Gym locations, with plans to continue to develop this segment at a rate of 4 to 8 new locations per year. ONE More Gym locations include specialized MMA training resources and serve as a recruiting function for the live events segment of the company.
For more information about B2Digital, visit the company’s website at www.B2FS.com.
B2Digital is increasingly present on social networks. Follow us on:
Twitter: @ B2digitalOTC
B2Digital: Premier Development League of MMA
B2 Fighting Series Pay Per View Link
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of securities laws. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the results, levels of future activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements, as they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and probably will, materially affect results. actual activity, performance or achievement levels. Any forward-looking statement reflects our current views regarding future events and is subject to these and other risks, uncertainties and assumptions regarding our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons why actual results could differ materially from those anticipated in such forward-looking statements, even if from new information becomes available in the future.
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