B2Digital, Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 21, 2023 at 02:28 pm EST
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B2Digital, Incorporated reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was USD 0.077847 million compared to USD 0.263782 million a year ago. Revenue was USD 0.077847 million compared to USD 0.263782 million a year ago. Net loss was USD 10.76 million compared to USD 2.69 million a year ago. Basic loss per share from continuing operations was USD 0.003 compared to USD 0.002 a year ago. Diluted loss per share from continuing operations was USD 0.003 compared to USD 0.002 a year ago. Basic loss per share was USD 0.003 compared to USD 0.002 a year ago. Diluted loss per share was USD 0.003 compared to USD 0.002 a year ago.
For the nine months, sales was USD 0.576138 million compared to USD 0.782544 million a year ago. Revenue was USD 0.576138 million compared to USD 0.782544 million a year ago. Net loss was USD 19.87 million compared to USD 6.31 million a year ago. Basic loss per share from continuing operations was USD 0.008 compared to USD 0.004 a year ago. Diluted loss per share from continuing operations was USD 0.008 compared to USD 0.004 a year ago. Basic loss per share was USD 0.008 compared to USD 0.005 a year ago. Diluted loss per share was USD 0.008 compared to USD 0.005 a year ago.
B2Digital, Incorporated is a premier development league for mixed martial arts (MMA). The Company operates in two branded businesses: The B2 Fighting Series and The ONE More Gym Official B2 Training Facilities Network. The Companyâs Live Events business (the B2 Fighting Series) is primarily engaged with scheduling, organizing, and producing live MMA events, marketing those events, and generating both live audience and PPV ticket sales, as well as creatively marketing the archived content generated through its operations in this business. The B2 Training Facilities business operates primarily through its ONE More Gym Facilities brand. Its Fitness Facility business operates primarily through the ONE More Gym Official B2 Training Facilities Network. It operates two ONE More Gym locations. The B2 Fighting Series is licensed in 20 United States to operate LIVE MMA Fights.
B2DIGITAL, INCORPORATED 
