Playmaker Capital Inc. - PMKRF STOCK NEWS

Playmaker Capital Inc. reported Q2 2022 pro forma revenue of $7.4 million, exceeding analyst expectations by 14%, with a 10% organic growth compared to Q2 2021. Trailing twelve-month revenue reached $30.6 million, a 34% organic increase. Adjusted EBITDA was $1.9 million, down 14% year-over-year. User sessions on Playmaker's platforms surged to 674 million, a 40% increase. The company continues to strengthen its financial position, having secured a $20 million convertible loan, supporting its growth strategy through acquisitions and operational efficiencies.

Playmaker Capital Inc. (TSX-V: PMKR; OTC: PMKRF) has launched two new soccer-focused digital media properties under its subsidiary, The Nation Network. The newly established brand, The 90th Minute, aims to enhance Playmaker's soccer content offerings across North America. Key initiatives include the introduction of the podcasts 'Kicked Back' and 'Sunday League Pundits', featuring Caroline Szwed as Chief Content Officer. This strategic move aligns with growing interest in soccer, with significant survey results showing over 49% of US fans and 40% of Canadian fans embracing the sport.

Playmaker Capital (PMKR) has partnered with Echobox to enhance its social media performance and audience engagement. This collaboration focuses on automating social media strategies for Futbol Sites, which boasts over 150 million followers across platforms like Facebook, Instagram, and Twitter. The partnership aims to leverage Echobox's advanced automation technology to improve content distribution and audience growth, particularly with the FIFA World Cup approaching. Playmaker previously acquired JuanFutbol and Cracks to expand its digital sports media presence in North America and Latin America.

Playmaker Capital Inc. (TSX-V: PMKR; OTC: PMKRF) will hold a management conference call at 10:00 a.m. Eastern Time on August 16, 2022, to discuss its Q2 2022 financial results. The results will be released after market close on August 15, 2022, and will be available on Playmaker’s SEDAR profile. Interested participants can join the call using provided toll-free or international numbers. A replay of the call and a company overview will be accessible on their investor relations website.

Playmaker Capital (TSXV: PMKR; OTC: PMKRF) has acquired 100% of the digital assets of JuanFutbol, a prominent digital sports brand focusing on soccer content. This acquisition enhances Playmaker's offerings in the Mexican and US Hispanic markets, expanding its portfolio to include JuanBeisbol and FridaPop. The deal, valued at up to US$2.8 million, involves a combination of cash and equity, aiming to leverage JuanFutbol's audience of over 6 million social media followers and a monthly reach exceeding 50 million.

Playmaker Capital Inc. (TSX-V: PMKR, OTCQX: PMKRF), a digital sports media company, has announced that analyst coverage has been initiated by Adhir Kadve of Eight Capital. Kadve noted Playmaker's strategy of creating a platform that capitalizes on increasing ad spending from traditional advertisers and online sports betting operators. The company aims to engage sports fans across various media, positioning itself favorably within the industry’s growth trajectory.

Playmaker Capital Inc. (TSX-V: PMKR; OTC: PMKRF) has announced a partnership with oddschecker Global Media to launch a new sports betting hub on Yardbarker.com aimed at enhancing user engagement and monetization. This collaboration leverages oddschecker’s expertise in content marketing and technology to provide a unique destination for sports fans and bettors. Expected to launch in September 2022, the hub coincides with the NFL season, targeting the growing U.S. sports betting market. Yardbarker aims to improve its content offerings with this strategic alliance.

Playmaker Capital Inc. (TSX-V: PMKR; OTC: PMKRF) has announced a credit agreement with Beedie Capital for a convertible loan of up to US$20 million. The initial advance of US$15 million aims to strengthen Playmaker's balance sheet and support its growth strategy in digital sports media. Beedie Capital may convert the loan into common shares at a price of $0.70, a 77% premium to the current trading price. This facility will enhance Playmaker's capability to acquire profitable digital assets and organic growth within the sports media sector.

Playmaker Capital Inc. (TSXV: PMKR; OTC: PMKRF) has announced its acquisition of World Soccer Talk, acquiring 100% of its digital assets for up to US$1.15 million. This deal includes a US$350,000 cash payment, issuance of 510,000 shares, and an earn-out contingent on performance targets. The acquisition aims to strengthen Playmaker's position in the North American soccer media landscape, tapping into the growing soccer interest, particularly within the U.S. and Hispanic markets.