Sharplink, Inc. (SBET) Q3 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, and welcome to Sharplink Gaming's third quarter 2023 results webcast. Please note that this event is being recorded and will be available for replay shortly after the conclusion of our live broadcast. Joining us today from Sharplink is the company's co-founder and chief executive officer, Rob Fithian and Robert DeLucia, chief financial officer. Before I turn the floor over to them, I remind you that during today's call, statements that are not historical facts including any projections, statements regarding future events or future financial performance, or statements of intent or belief, are forward-looking statements and are covered by the safe harbor disclaimers contained in the company's public filings with the SEC. Actual outcomes and results may differ materially from what is expressed in or implied by these forward-looking statements. With that said, I would now like to introduce Rob Fithian, CEO of SharpLink. Please go ahead, Rob. Thank you, Kat, and good morning, everybody. SharpLink posted another strong quarter marked by triple-digit percentage revenue growth for both the three- and nine-month reporting periods. The revenue expansion that we have achieved over the past three consecutive quarters is due in large measure to the successful execution of our M&A activities, which began in December 2021 with the acquisition of Four Cubed, followed by our merger with Sports Hub Games Network just one year later in December 2022. Beyond the top line, our gross profit margin has been a clear positive story. showcasing the logic and strategy that's gone into strengthening our infrastructure and diversifying our technology solutions and service offerings. Our purpose of acquiring 4Cube was to take advantage of its team's many years of success, sp...