Welcome to our dedicated page for slbg news (Ticker: slbg), a resource for investors and traders seeking the latest updates and insights on slbg stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect slbg's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of slbg's position in the market.
Slinger Bag Inc. (OTCQB: SLBG) reported impressive revenues of $11.2 million for the fiscal year ending April 30, 2021, driven by the sale of approximately 20,000 tennis ball launchers. The company signed 50 distributor agreements across six continents and plans to release Slinger Bags for two additional sports, along with an AI-driven app in 2021. The strong market demand is underscored by a 44% increase in new tennis players during the pandemic. Slinger projects sales of $18 million for the 2021 fiscal year, highlighting robust growth momentum.
Slinger (OTCQB: SLBG) announced that CEO Mike Ballardie will present at the OTCQB Venture Virtual Investor Conference on August 5, 2021, at 3:00 PM EST. The presentation will cover Slinger's advancements in the global tennis market, including the Slinger Bag Tennis Ball Launcher and its upcoming AI-driven app. The session will last approximately 25 minutes, followed by a Q&A. Attendees can register for free at VirtualInvestorConferences.com. Slinger aims to enhance sports experiences through innovative technologies and has secured over $200M in global distribution agreements since its launch.
Slinger Bag (SLBG) has launched its innovative ball launcher in China through a five-year partnership with Powerway Sports. Sales will commence in September, targeting the growing tennis market with approximately 8 million players. Powerway Sports has extensive experience as China’s top supplier of tennis balls and aims to leverage its connections to promote the Slinger Bag. The Chinese tennis market is valued at over US$2 billion annually. With global revenues projected to reach US$250 million within five years, Slinger is poised for significant growth.
Slinger (OTCQB: SLBG) has launched its Slinger Bag brand in Macau through a five-year exclusive distribution deal with Tennis Bot Pte Ltd. This partnership allows Tennis Bot to distribute the Slinger Bag tennis ball launcher and related products across Macau, starting from July 2021. Tennis Bot already operates in Singapore, Hong Kong, and Malaysia, and will utilize a multi-dimensional marketing campaign to promote the brand. Slinger Bag is designed for personal use, enabling players to practice without needing a partner or court, and has gained acclaim since its 2020 launch.
Slinger Bag (OTCQB: SLBG) has announced the addition of Eugenie Bouchard to its ambassador program, enhancing its brand visibility and market outreach.
Bouchard, a former No. 5 ranked tennis player, brings a significant social media following and passion for the sport. This partnership aims to promote Slinger Bag's innovative tennis training products, particularly targeting players of all skill levels. The CEO, Mike Ballardie, expressed excitement about Bouchard's inclusion, anticipating her influence in reaching tennis enthusiasts worldwide.
Slinger Bag (OTCQB: SLBG) is making waves in the tennis market with its innovative ball launcher, the Slinger Bag. CEO Mike Ballardie will appear on Ian King Live on Sky News on July 9, 2021, discussing tennis trends and the company's success. The Slinger Bag has gained recognition in major outlets like Forbes and The Wall Street Journal, and is sold in over 50 countries, achieving distribution deals exceeding $200M. The company aims to further develop its offerings, including connected tennis products and AI applications for players.
Slinger Bag Inc. (OTCQB: SLBG) has appointed Jason Seifert as its new Chief Financial Officer, effective immediately. Seifert brings over 15 years of experience in finance from firms like Ernst & Young and The Finish Line, enhancing Slinger’s strategic and financial capabilities. He will replace Paul McKeown, who transitions to Chief Business Integration Officer to oversee acquisitions and the establishment of an EU subsidiary. Slinger Bag's tennis ball launcher, launched in Spring 2020, is gaining global traction, now sold in over 50 countries.
Slinger (OTCQB: SLBG) announced that CEO Mike Ballardie will present at the OTC Markets Small Cap Growth Investor Conference on July 8, 2021, at 2:00 PM EST. The presentation will cover the company's expansion into the global tennis market with the Slinger Bag Tennis Ball Launcher, the acquisition of the SaaS platform Foundation Tennis, and growth plans for the fiscal year 2021. The event is free for individual and institutional investors to attend and will include a live Q&A session.
Slinger Bag (OTCQB: SLBG) has launched its innovative ball launcher tennis product in the Hong Kong market through a five-year distribution partnership with Tennis Bot Pte Ltd. This collaboration aims to enhance Slinger Bag's presence in Asia, following successful agreements in Singapore and Malaysia. The Slinger Bag allows players to practice independently and is acclaimed for its user-friendly design. The product will be available from July 2021, supported by a comprehensive marketing campaign targeting the local tennis community.
Slinger Bag (OTCQB: SLBG) has acquired Foundation Tennis, enhancing its market position. Foundation Tennis serves over 1 million facility members and boasts a technology suite for tennis facility administration. The acquisition, valued at 1 million shares, aims to streamline services and boost engagement for tennis players across 17,000 US facilities. Slinger Bag plans to leverage Foundation Tennis's B2B platform to enhance monetization opportunities and provide value-added services, aiming to become a leading connected sports company.
FAQ
What is the market cap of slbg (slbg)?
