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13th of July, 2021. B2Digital, Inc. (OTC PINK: BTDG) had a rather powerful chart today, peaking at $0,012. A rise of 300%. Which was all thanks to their latest press release, showcasing June’s explosive increase in revenues.
B2Digital itself 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 obtains its revenues from:
- Live event ticket sales
- Pay-per-view ticket sales
- Content media marketing
- Fitness facility memberships
In the last three months, B2Digital booked revenues at a pace equal to $2.1 million per year. Live Events contributed roughly 43% against 57% from the Gym segment.
Management believes that Per-event sales continue to trend higher driven by the following causes:
- more effective marketing systems
- the growth of the B2 Fighting Series brand
- greater visibility of B2 Productions PPV distribution (Through Amazon Fire TV and Apple TV)
- Growing demand for live sporting events
The ONE More Gym Segment (OMG) continues to grow through the newly added locations. This pared with a growing vaccination rate in local relevant markets and a continued increase of traction for both segments, lead to OMG’s revenue growth to be at 15-20% per location on a quarterly basis over a multi-quarter time frame.
“If the next three months was simply a perfect extrapolation of the past three in terms of total per-event sales and monthly gym memberships, we would show nearly 400% year/year topline growth in the September quarter,” added Bell. “Not to be too aggressive, but that is probably a very conservative line to draw from here. We continue to accelerate our pace of live events, and we are nearing the end of capacity limitations due to vaccination levels, which suggests each event will have a higher topline potential. At the same time, we continue to add more gym locations, and people continue to get more comfortable going back to a public workout model. That adds up to an extremely strong growth curve through this year and into 2022.”
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