FansUnite Reports Second Quarter 2023 Financial Results
FansUnite Reports Second Quarter 2023 Financial Results
- Total revenue of $5.3 million in Q2 Fiscal 2023, an increase of 14% over Q2 Fiscal 2022
- Gross margin of $3.3 million (62%) in Q2 Fiscal 2023, an increase of 70% as compared to $2.0 million (41%) in Q2 Fiscal 2022
- EBITDA of $4.3 million in Q2 Fiscal 2023, an increase of $15.3 million as compared to ($11.1) million in Q2 Fiscal 2022
- Unrestricted cash increased to $3.5 million as of June 30, 2023, as compared to $2.9 million as of December 31, 2022
- Company to host Q2 Fiscal 2023 Earnings Call on Tuesday, August 15, 2023, at 10:00 AM EST / 7:00 AM PST
- 2023財年第二季度總收入為530萬美元，比2022財年第二季度增長14%
- 2023年第二季度毛利率為330萬美元(62%)，較2022年第二季度200萬美元(41%)增長70%
- 2023年第二季度EBITDA為430萬美元，比2022年第二季度(1110萬美元)增加了1530萬美元
- 截至2023年6月30日，無限制現金增至350萬美元，而截至2022年12月31日為290萬美元
- 公司將於2023年8月15日(星期二)美國東部時間上午10：00/太平洋標準時間上午7：00召開2023財年第二季度收益電話會議
Vancouver, British Columbia--(Newsfile Corp. - August 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 six month periods ended June 30, 2023. All amounts are stated in Canadian dollars unless otherwise indicated.
溫哥華，不列顛哥倫比亞省--(Newsfile Corp.-2023年8月14日)-FansUnite Entertainment Inc.(多倫多證券交易所股票代碼：Fans)(場外交易市場代碼：FfuF)(以下簡稱“FansUnite”或“公司”)宣佈，它已經提交了截至2023年6月30日的三個月和六個月的簡明合併中期財務報表以及相關管理層的討論和分析(“MD&A”)。除非另有說明，所有金額均以加元表示。
Q2 Fiscal 2023 Earnings Call Details
2023財年第二季度收益電話會議詳情
Day: Tuesday, August 15, 2023
Time: 10:00 AM (EST) / 7:00 AM (PST)
Topic: FansUnite's Q2 Fiscal 2023 financial results and growth outlook for the remainder of 2023
日期：2023年8月15日(星期二)
時間：美國東部時間上午10：00/太平洋標準時間上午7：00
主題：FansUnite 2023財年第二季度財務業績和2023年剩餘時間的增長前景
Please click the link below to register for the earnings call.
請點擊下面的鏈接註冊收益電話會議。
"We are excited to announce a significant increase in revenue and gross margins during the second quarter of Fiscal 2023," said Scott Burton, CEO of FansUnite. "During the quarter, we saw a 14% increase in revenues year-over-year while our overall gross margins exceeded 60% due to our focus on higher margin operations. This renewed focus allowed us to record an EBITDA of $4.3 million during the quarter which was up from a loss of $11.1 million during the same quarter last year."
FansUnite首席執行官斯科特·伯頓表示：“我們很高興地宣佈，在2023財年第二季度，我們的收入和毛利率將大幅增長。”在本季度，我們的收入同比增長了14%，而由於我們專注於更高的利潤率業務，我們的整體毛利率超過了60%。這一新的重點使我們在本季度實現了430萬美元的EBITDA，高於去年同期的虧損1110萬美元。
Mr. Burton added, "Following the sale of McBookie and the Chameleon iGaming Platform, we will focus more on growing business segments that produce significant cash flow. We intend to achieve this goal by scaling our affiliate business segment, led by Betting Hero, which has generated substantial revenue and high gross margins as well as identifying more opportunities to improve our operational and financial efficiency."
伯頓補充說，“在出售McBookie和Chameleon iGaming平臺後，我們將更多地專注於能夠產生可觀現金流的不斷增長的業務部門。我們打算通過擴大我們的關聯業務部門來實現這一目標，該業務部門以Bting Hero為首，已經產生了可觀的收入和高毛利率，並尋找更多機會來提高我們的運營和財務效率。”
Second Quarter Fiscal 2023 Financial Highlights:
2023財年第二季度財務亮點：
- Total revenue of $5.3 million in Q2 Fiscal 2023, an increase of approximately 14% over the same period in Fiscal 2022
- Gross margin of $3.3 million (62%) in Q2 Fiscal 2023, an increase of 70% as compared to $2.0 million (41%) in Q2 Fiscal 2022
- EBITDA of $4.3 million in Q2 Fiscal 2023, an increase of $15.3 million as compared to ($11.1) million in Q2 Fiscal 2022
- Net loss of $0.5 million in Q2 Fiscal 2023, as compared to a net loss of $15.9 million in Q2 Fiscal 2022
- Unrestricted cash increased to $3.5 million as of June 30, 2023, as compared to $2.9 million as of December 31, 2022
- Net working capital of $6.1 million as of June 30, 2023, as compared to ($4.2) million as of December 31, 2022
- 2023財年第二季度總收入為530萬美元，比2022財年同期增長約14%
- 2023年第二季度毛利率為330萬美元(62%)，較2022年第二季度200萬美元(41%)增長70%
- 2023年第二季度EBITDA為430萬美元，比2022年第二季度(1110萬美元)增加了1530萬美元
- 2023年第二季度淨虧損50萬美元，而2022年第二季度淨虧損1590萬美元
- 截至2023年6月30日，無限制現金增至350萬美元，而截至2022年12月31日為290萬美元
- 截至2023年6月30日的淨營運資本為610萬美元，而截至2022年12月31日的淨營運資本為(420萬美元)
Second Quarter Fiscal 2023 Operational Highlights:
2023財年第二季度運營亮點：
- On May 2, 2023, the Company announced the signing of a definitive agreement dated May 1, 2023 pursuant to which the Company has sold to an arm's length third-party all of the shares in its wholly owned subsidiary, McBookie Ltd. ("McBookie"), a Scottish private limited company. FansUnite sold McBookie for $5.5 million in cash, a sale price which equates to 7x their 2022 EBITDA. The transaction resulted in a gain on sale of $4.4 million.
- On May 9, 2023, the Company announced the signing of a definitive asset purchase agreement dated May 8, 2023 pursuant to which the Company has sold the source code related to the Company's Chameleon Gaming Platform to Betr Holdings Inc. for total consideration of $10 million. The sale of the Chameleon iGaming Platform led to a gain on sale of $3.1 million being recognized.
- On June 16, 2023, the Company announced it had received approval from the Toronto Stock Exchange to renew its normal course issuer bid for a 12-month period.
- 2023年5月2日，公司宣佈簽署了一項日期為2023年5月1日的最終協定，根據該協定，公司已將其全資子公司秀克格蘭私人有限公司McBookie Ltd.(以下簡稱McBookie)的所有股份出售給公平的第三方。FansUnite以550萬美元的現金出售了McBookie，這個售價相當於他們2022年EBITDA的7倍。這筆交易帶來了440萬美元的銷售收益。
- 2023年5月9日，公司宣佈簽署了日期為2023年5月8日的最終資產購買協定，根據該協定，公司已將與公司變色龍遊戲平臺相關的源代碼出售給Betr Holdings Inc.，總代價為1,000萬美元。變色龍iGaming平臺的出售帶來了310萬美元的銷售收益。
- 2023年6月16日，該公司宣佈已獲得多倫多證券交易所的批准，將其正常課程發行人報價續期12個月。
Growth Outlook
增長前景
The Company has shifted its strategic focus to growing the more profitable affiliate segment by scaling its Betting Hero and Props.com operations and entering new North American markets once legislation is in place to regulate sports betting and iGaming in those markets. In addition, the Company plans to grow Betting Hero's additional revenue streams, namely Betting Hero Hotline and Betting Hero Research.
該公司已將戰略重點轉移到增長更有利可圖的關聯業務上，方法是擴大其博彩英雄和Props.com業務，並在北美新市場制定監管體育博彩和iGaming的立法後進入這些市場。此外，公司還計劃增加博彩英雄的額外收入來源，即博彩英雄熱線和博彩英雄研究。
FansUnite also intends to allocate more resources on its high margin business segments and achieve additional cost savings by realizing operational and financial efficiencies without disrupting its growth.
FansUnite還打算在其高利潤率業務部門分配更多資源，並通過在不中斷增長的情況下實現運營和財務效率來實現額外的成本節約。
About FansUnite Entertainment Inc.
關於FansUnite娛樂公司
FansUnite is a global sports entertainment and gaming company, focused on the regulated and lawful sports betting affiliate market which includes customer acquisition, retention, support and reactivation. FansUnite has established itself as a leader in the North American affiliate market through its subsidiary American Affiliate Co LLC ("AmAff'' or "American Affiliate"). AmAff is a North American omni-channel customer acquisition company, covering both retail and digital customer activation for sportsbooks, casinos, poker and fantasy sports platforms.
FansUnite是一家全球性的體育娛樂和遊戲公司，專注於受監管和合法的體育博彩關聯市場，包括客戶獲取、保留、支持和重新啟動。FansUnite通過其子公司American Affiliate Co LLC(“AmAff”或“American Affiliate”)確立了自己在北美附屬公司市場的領先地位。AmAff是一家北美全渠道客戶獲取公司，涵蓋體育書籍、賭場、撲克和夢幻體育平臺的零售和數字客戶激活。
For further information, please contact:
如需更多資訊，請聯繫：
Prit Singh, Investor Relations at FansUnite
ir@fansunite.com
(905) 510-7636
Pirt Singh，FansUnite投資者關係
郵箱：ir@fansunite.com
(905)510-7636
DISCLAIMER REGARDING FINANCIAL INFORMATION:
有關財務資訊的免責聲明：
This news release contains unaudited financial information for the six months ended June 30, 2023, which has been prepared by management based on information currently available to the Company. Accordingly, such financial information may be subject to change based on the results of the Company's year-end audit. The making of a modifying or superseding statement shall not be deemed an admission for any purposes that the modified or superseded statement, when made, constituted a misrepresentation for purposes of applicable securities laws.
本新聞稿包含截至2023年6月30日的6個月的未經審計的財務資訊，這些資訊是由管理層根據公司目前掌握的資訊編制的。因此，此類財務資訊可能會根據公司年終審計的結果而發生變化。就任何目的而言，修改或替代陳述不應被視為承認修改或替代陳述在作出時，就適用的證券法而言構成失實陳述。
FORWARD-LOOKING INFORMATION:
前瞻性資訊：
This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that FansUnite anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking statements in this news release include, but are not limited to, the Company's strategic objectives, goals, growth outlook, strategy and focus including scaling Betting Hero's operations across new markets and identifying opportunities for operational and financial efficiencies.
本新聞稿包含根據適用的證券法可能構成前瞻性資訊的某些陳述。除歷史事實外，所有涉及預期或預期在未來可能或將(全部或部分)發生的活動、事件、結果、結果、發展、業績或成就的陳述均應被視為前瞻性資訊。通常，但並非總是，前瞻性資訊可以通過使用諸如“”、“Expect”、“is Expect”、“Budgeting”、“”、“Scheduled”、“Estiments”、“Forects”、“Prepates”或“Believes”等詞語或這些詞語和短語的變體(包括否定變體)、或以將來的時態形成的陳述或表示某些行動、事件或結果的“”、“Can”、“Will”來識別。“可能”或“將”()(或前述的其他變體)被採用、發生、實現或實現。本新聞稿中的前瞻性陳述包括但不限於公司的戰略目標、目標、增長前景、戰略和重點，包括擴大博彩英雄在新市場的業務，以及確定提高運營和財務效率的機會。
Forward-looking statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, expectations and assumptions concerning: interest and foreign exchange rates; capital efficiencies, cost saving and synergies; growth and growth rates; the success in the online gambling and sports betting industry; the regulatory environment applicable to online gambling and sports betting; the technological infrastructure and support needed to host the Company's online gambling and sports betting platforms and applications; any cryptocurrency applications to the Company's business; and the Company's growth plan. While FansUnite considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; audit-risks; risks associated with the regulatory environments in the jurisdictions the Company operates in; technology-related risks that could adversely affect the Company's ability to operate its online gambling and sports betting platforms and applications, risks related to the novel coronavirus (COVID-19) global pandemic and any effects it might have on the Company's business thereto. Readers are cautioned that the foregoing list is not exhaustive. For more information on the risk, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the public filings of FansUnite which are available on SEDAR+ at . Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and thus are subject to change thereafter. FansUnite disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
前瞻性表述基於公司根據的經驗及其對歷史趨勢、現狀和預期未來發展的看法所做的假設和分析，包括但不限於以下預期和假設：利率和匯率；資本效率、成本節約和協同效應；增長率和增長率；在線博彩和體育博彩行業的成功；適用於在線博彩和體育博彩的監管環境；託管公司的在線博彩和體育博彩平臺和應用所需的技術基礎設施和支持；公司業務的任何加密貨幣應用；以及公司的增長計劃。雖然FansUnite認為這些假設是合理的，但根據目前獲得的資訊，它們可能被證明是不正確的。告誡讀者不要過度依賴的前瞻性陳述。此外，前瞻性陳述必然會涉及已知和未知的風險，包括但不限於，與總體經濟狀況有關的風險；審計風險；與公司運營所在司法管轄區的監管環境相關的風險；可能對公司運營其在線賭博和體育博彩平臺及應用的能力產生不利影響的與技術相關的風險；與新型新冠肺炎全球流行相關的風險及其可能對公司業務造成的任何影響。提醒讀者，前面的列表並不是詳盡的。有關可能導致預期機會與實際結果大不相同的風險、不確定因素和假設的更多資訊，請參考的公開檔案，這些檔案可在以下網址獲得：進一步告誡讀者不要過度依賴前瞻性陳述，因為不能保證它們所依據的計劃、意圖或期望一定會發生。雖然這些資訊在準備時被管理層認為是合理的，但可能被證明是不正確的，的實際結果可能與預期的大不相同。本新聞稿中包含的前瞻性陳述受本警告性聲明的明確限制，反映了我們在本新聞稿發佈之日對的預期，因此可能會在此後發生變化。除適用法律要求外，不打算或義務更新或修改任何前瞻性陳述，無論是由於新資訊、未來事件或其他原因造成的。
FansUnite Entertainment Inc.
Condensed Consolidated Interim Statement of Financial Position
FansUnite娛樂公司。
簡明綜合中期財務狀況表
| Unaudited (CAD - thousands) | Notes |
June 30, 2023 $ |
December 31, 2022 $ |
||||
| Assets | |||||||
| Current | |||||||
| Cash and cash equivalents | 3,463 | 2,914 | |||||
| Restricted cash | 364 | 646 | |||||
| Receivables | 3 | 5,842 | 4,711 | ||||
| Due from related parties | 9 | 376 | 376 | ||||
| Prepaid expenses | 133 | 230 | |||||
| Total current assets | 10,178 | 8,877 | |||||
| Non-current | |||||||
| Equipment | 26 | 67 | |||||
| Goodwill | 5 | 19,708 | 20,664 | ||||
| Intangible assets | 4 | 32,436 | 47,391 | ||||
| Digital currencies | 50 | 32 | |||||
| Right of use assets | 239 | 359 | |||||
| Deferred tax asset | 874 | - | |||||
| Long-term investments | 2,048 | 63 | |||||
| Long-term receivables | 155 | - | |||||
| Total assets | 65,714 | 77,453 | |||||
| Liabilities | |||||||
| Current | |||||||
| Accounts payable and accrued liabilities | 6 | 3,880 | 4,539 | ||||
| Due to related parties | 9 | 33 | 74 | ||||
| Bank indebtedness | 7 | - | 8,233 | ||||
| Deferred and contingent consideration | 8 | 14,889 | 12,138 | ||||
| Lease liability | 142 | 186 | |||||
| Total current liabilities | 18,944 | 25,170 | |||||
| Non-current | |||||||
| Bank indebtedness | 7 | 2,720 | - | ||||
| Deferred and contingent consideration | 8 | 4,372 | 8,688 | ||||
| Deferred tax liability | - | 459 | |||||
| Lease liability | 91 | 153 | |||||
| Total liabilities | 26,127 | 34,470 | |||||
| Shareholders' equity | |||||||
| Share capital | 11 | 122,228 | 121,208 | ||||
| Reserves | 19,699 | 16,567 | |||||
| Accumulated other comprehensive income | 2,827 | 3,750 | |||||
| Deficit | (105,167) | (98,542) | |||||
| Total shareholders' equity | 39,587 | 42,983 | |||||
| Total liabilities and shareholders' equity | 65,714 | 77,453 |
| 未經審計(加元-數千加元) | 備註 |
6月30日， 2023年年 $ |
2022年年12月31日 $ |
||||
| 資產 | |||||||
| 當前 | |||||||
| 現金和現金等價物 | 3,463 | 2914 | |||||
| 受限現金 | 三百六十四 | 六百四十六 | |||||
| 應收賬款 | 3. | 5842 | 4711 | ||||
| 關聯方應繳款項 | 9. | 376 | 376 | ||||
| 預付費用 | 一百三十三 | 230 | |||||
| 流動資產總額 | 10,178 | 8877 | |||||
| 非當前 | |||||||
| 裝備 | 26 | 67 | |||||
| 商譽 | 5. | 19,708 | 20,664 | ||||
| 無形資產 | 4. | 32,436 | 47391 | ||||
| 數位貨幣 | 50 | 32 | |||||
| 使用權資產 | 二百三十九 | 359 | |||||
| 遞延稅項資產 | 八百七十四 | - | |||||
| 長期投資 | 2,048 | 63 | |||||
| 長期應收賬款 | 155 | - | |||||
| 總資產 | 65,714 | 77,453 | |||||
| 負債 | |||||||
| 當前 | |||||||
| 應付賬款和應計負債 | 6. | 3880 | 4539 | ||||
| 因關聯方的原因 | 9. | 33 | 74 | ||||
| 銀行負債 | 7. | - | 8233 | ||||
| 遞延和或有對價 | 8個個 | 14,889 | 12,138 | ||||
| 租賃責任 | 一百四十二 | 一百八十六 | |||||
| 流動負債總額 | 18944 | 25,170 | |||||
| 非當前 | |||||||
| 銀行負債 | 7. | 2720 | - | ||||
| 遞延和或有對價 | 8個個 | 4372 | 8,688 | ||||
| 遞延稅項負債 | - | 四百五十九 | |||||
| 租賃責任 | 91 | 153 | |||||
| 總負債 | 26,127 | 34,470 | |||||
| 股東權益 | |||||||
| 股本 | 11. | 122,228 | 121,208 | ||||
| 儲量 | 19699 | 16,567 | |||||
| 累計其他綜合收益 | 2827 | 3750 | |||||
| 赤字 | (105,167) | (98,542) | |||||
| 股東權益總額 | 39,587 | 42,983 | |||||
| 總負債和股東權益 | 65,714 | 77,453 |
FansUnite Entertainment Inc.
Condensed Consolidated Interim Statements of Loss and Comprehensive Loss
FansUnite娛樂公司。
簡明合併中期損失表和全面損失表
| For the three months ended June 30 |
For the six months ended June 30 |
|||||||||||
| Unaudited (CAD - thousands) | Notes |
2023 $ |
2022 $ |
2023 $ |
2022 $ |
|||||||
| Revenue | 13 | 5,349 | 4,705 | 13,036 | 13,237 | |||||||
| Cost of revenue | (2,041) | (2,760) | (4,780) | (5,937) | ||||||||
| Gross margin | 3,308 | 1,945 | 8,256 | 7,300 | ||||||||
| Expenses | ||||||||||||
| Selling, general and administrative | 14 | (10,886) | (15,068) | (22,266) | (26,507) | |||||||
| Loss before other items | (7,578) | (13,123) | (14,010) | (19,207) | ||||||||
| Other items | ||||||||||||
| Interest and other expenses, net | 14 | (757) | (3,141) | (1,545) | (6,432) | |||||||
| Revaluation of contingent consideration | 94 | - | 231 | - | ||||||||
| Gain on sale of asset | 18 | 3,064 | - | 3,064 | - | |||||||
| Impairment loss | (113) | - | (113) | - | ||||||||
| Income tax recovery (expense): | ||||||||||||
| Current | - | 296 | - | (212) | ||||||||
| Deferred, net | 605 | 73 | 1,342 | 634 | ||||||||
| Net loss from continuing operations | (4,685) | (15,895) | (11,031) | (25,217) | ||||||||
| Income (loss) from discontinued operations, net of income taxes, McBookie | 19 | (171) | (15) | 25 | 143 | |||||||
| Gain on disposal of discontinued operations, net of income taxes, McBookie | 19 | 4,382 | - | 4,382 | - | |||||||
| Net income (loss) from discontinued operations | 4,211 | (15) | 4,407 | 143 | ||||||||
| Net loss | (474) | (15,910) | (6,624) | (25,074) | ||||||||
| Other comprehensive income | ||||||||||||
| Revaluation loss on digital currencies | (16) | (56) | 1 | (71) | ||||||||
| Currency translation adjustment | (803) | 4,394 | (924) | 2,405 | ||||||||
| Total comprehensive loss | (1,293) | (11,572) | (7,547) | (22,740) | ||||||||
| Income (loss) per share - basic and diluted | ||||||||||||
| Continuing operations | (0.01) | (0.05) | (0.03) | (0.09) | ||||||||
| Discontinued operations | 0.01 | (0.00) | 0.01 | 0.00 | ||||||||
| Net loss | (0.00) | (0.05) | (0.02) | (0.09) | ||||||||
| Weighted average number of common shares outstanding - basic and diluted | 357,296,194 | 303,031,291 | 341,758,360 | 294,780,124 | ||||||||
| 截至六月三十日止的三個月 |
截至以下日期的六個月 6月30日 |
|||||||||||
| 未經審計(加元-數千加元) | 備註 |
2023年年 $ |
2022 $ |
2023年年 $ |
2022 $ |
|||||||
| 收入 | 13個 | 5349 | 4705 | 13,036 | 13,237 | |||||||
| 收入成本 | (2,041) | (2760) | (4780) | (5937) | ||||||||
| 毛利率 | 3,308 | 1945 | 8,256 | 7300 | ||||||||
| 費用 | ||||||||||||
| 銷售、一般和行政 | 14. | (10,886) | (15,068) | (22,266) | (26507) | |||||||
| 未計其他專案前的損失 | (7578) | (13,123) | (14,010) | (19,207) | ||||||||
| 其他專案 | ||||||||||||
| 利息和其他費用，淨額 | 14. | (757) | (3141) | (1545) | (6432) | |||||||
| 重估或有對價 | 94 | - | 二百三十一 | - | ||||||||
| 出售資產的收益 | 18 | 3,064 | - | 3,064 | - | |||||||
| 減值損失 | (113) | - | (113) | - | ||||||||
| 所得稅退還(費用)： | ||||||||||||
| 當前 | - | 二百九十六 | - | (212) | ||||||||
| 遞延，淨額 | 605 | 73 | 1,342 | 634 | ||||||||
| 持續經營淨虧損 | (4685) | (15,895) | (11,031) | (25217) | ||||||||
| 非持續經營收入(虧損)，扣除所得稅後的收入(虧損)，McBookie | 19個 | (171) | (15) | 25個 | 143 | |||||||
| 出售停產業務的收益，扣除所得稅，McBookie | 19個 | 4382 | - | 4382 | - | |||||||
| 非持續經營的淨收益(虧損) | 4211 | (15) | 4,407 | 143 | ||||||||
| 淨虧損 | (474) | (15,910) | (6624) | (25,074) | ||||||||
| 其他綜合收益 | ||||||||||||
| 數位貨幣的重估損失 | (16) | (56) | 1 | (71) | ||||||||
| 貨幣換算調整 | (803) | 4394 | (924) | 2,405 | ||||||||
| 全面損失總額 | (1,293) | (11572) | (7547) | (22,740) | ||||||||
| 每股收益(虧損)-基本和攤薄 | ||||||||||||
| 持續運營 | (0.01) | (0.05) | (0.03) | (0.09) | ||||||||
| 停產經營 | 0.01 | (0.00) | 0.01 | 0.00 | ||||||||
| 淨虧損 | (0.00) | (0.05) | (0.02) | (0.09) | ||||||||
| 已發行普通股的加權平均數--基本和稀釋 | 357,296,194 | 303,031,291 | 341,758,360 | 294,780,124 | ||||||||
FansUnite Entertainment Inc.
Condensed Consolidated Interim Statements of Cash Flows
FansUnite娛樂公司。
簡明合併中期現金流量表
| For the six months ended Unaudited (CAD - thousands) |
Notes |
June 30, 2023 $ |
June 30, 2022 $ |
||||
| Operating activities: | |||||||
| Net loss | (6,624) | (25,074) | |||||
| Restricted cash | 19 | (11) | |||||
| Adjustments for non-cash items: | |||||||
| Depreciation of equipment | 113 | 75 | |||||
| Amortization of intangible assets | 4 | 10,050 | 10,352 | ||||
| Impairment loss | 113 | - | |||||
| Accretion on liabilities | 8 | 1,002 | 6,313 | ||||
| Revaluation gain on contingent consideration | 8 | (231) | - | ||||
| Gain on sale of asset | (3,064) | - | |||||
| Gain on sale of business | (4,382) | - | |||||
| General & administrative expenses paid with common shares | - | 524 | |||||
| Marketing expenses paid with digital currencies | - | 10 | |||||
| Unrealized fair value loss on investments | - | 119 | |||||
| Share-based payments | 12 | 1,213 | 3,064 | ||||
| Interest and other income, net | 550 | 8 | |||||
| Deferred income tax recovery | (1,342) | (653) | |||||
| Changes in non-cash working capital | 17 | 218 | 694 | ||||
| Net cash flows used in operating activities | (2,365) | (4,579) | |||||
| Investing activities | |||||||
| Payment of contingent consideration | 8 | (1,900) | (2,094) | ||||
| Proceeds on sale of business | 19 | 5,231 | - | ||||
| Payment of net working capital adjustment | - | (3,802) | |||||
| Purchase of intangibles | 4 | - | (13) | ||||
| Proceeds on sale of intangibles | 18 | 3,029 | - | ||||
| Proceeds on sale of investments | - | (13) | |||||
| Purchase of equipment | (4) | (42) | |||||
| Net cash flows provided by (used in) investing activities | 6,356 | (5,964) | |||||
| Financing activities | |||||||
| Repayment of lease liability | (97) | (98) | |||||
| Repayment of bank indebtedness | (5,513) | - | |||||
| Proceeds from brokered financing | 11(i) | 2,965 | - | ||||
| Proceeds from warrant/option exercise | - | 73 | |||||
| Repurchase of shares | 11(ii) | (25) | (27) | ||||
| Interest income, net | (588) | - | |||||
| Payments to related parties | (41) | (288) | |||||
| Net cash flows used in financing activities | (3,299) | (340) | |||||
| Effect of foreign exchange | (143) | 1,697 | |||||
| Change in cash | 549 | (9,186) | |||||
| Cash, beginning of the period | 2,914 | 13,974 | |||||
| Cash, end of period | 3,463 | 4,788 |
| 截至以下日期的六個月 未經審計(加元-數千加元) |
備註 |
2023年6月30日 $ |
2022年6月30日 $ |
||||
| 經營活動： | |||||||
| 淨虧損 | (6624) | (25,074) | |||||
| 受限現金 | 19個 | (11) | |||||
| 對非現金專案的調整： | |||||||
| 設備折舊 | 113 | 75 | |||||
| 無形資產攤銷 | 4. | 10050 | 10,352 | ||||
| 減值損失 | 113 | - | |||||
| 負債累加 | 8個個 | 1,002 | 6,313 | ||||
| 或有對價重估收益 | 8個個 | (231) | - | ||||
| 出售資產的收益 | (3,064) | - | |||||
| 出售業務的收益 | (4382) | - | |||||
| 普通股支付的一般及行政費用 | - | 524 | |||||
| 用數位貨幣支付的營銷費用 | - | 10 | |||||
| 投資未實現公允價值損失 | - | 119 | |||||
| 基於股份的支付 | 12 | 1213 | 3,064 | ||||
| 利息和其他收入，淨額 | 550 | 8個個 | |||||
| 遞延所得稅追回 | (1,342) | (653) | |||||
| 非現金營運資金變動情況 | 17 | 218 | 六百九十四 | ||||
| 用於經營活動的現金流量淨額 | (2365) | (4579) | |||||
| 投資活動 | |||||||
| 支付或有對價 | 8個個 | (1900) | (2,094) | ||||
| 出售業務所得款項 | 19個 | 5231 | - | ||||
| 支付營運資本淨額調整 | - | (3802) | |||||
| 購買無形資產 | 4. | - | (13) | ||||
| 出售無形資產所得款項 | 18 | 3,029 | - | ||||
| 出售投資所得收益 | - | (13) | |||||
| 購買設備 | (4) | (42) | |||||
| 投資活動提供(用於)的現金流量淨額 | 6,356 | (5964) | |||||
| 融資活動 | |||||||
| 償還租賃債務 | (97) | (98) | |||||
| 償還銀行債務 | (5513) | - | |||||
| 經紀融資的收益 | 11(I) | 2965 | - | ||||
| 行使認股權證/期權所得收益 | - | 73 | |||||
| 股份回購 | 11(Ii) | (25) | (27) | ||||
| 利息收入，淨額 | (588) | - | |||||
| 向關聯方支付款項 | (41) | (288) | |||||
| 用於籌資活動的現金流量淨額 | (3299) | (340) | |||||
| 外匯效應 | (143) | 1,697 | |||||
| 現金零錢 | 549 | (9186) | |||||
| 期初現金 | 2914 | 13,974 | |||||
| 期末現金 | 3,463 | 4788 |
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