Breaking Data Reports 71% Increase in GIVEMESPORT Advertising Revenues for Fiscal Q1

Breaking Data (TSXV:BKD) has reportedt hat is wholly-owned subsidiary Sports New Media Holdings, owner of GIVEMESPORT, saw its fiscal 2018 first quarter Net Advertising Revenue increase by 71 percent compared to the same period in 2017.
As quoted in the press release:

The figures recognize the first full quarter of the Company’s full ownership of GIVEMESPORT and are included in its Q1 financial filings on sedar.com.
GIVEMESPORT Total Net Advertising Revenue included in its unaudited management financial statements for fiscal Q1 2018 (and reported in USD) were $1.457 million USD, up from $959,380 USD in Q1 2017.
Quarterly Revenue

Period	Currency GBP
Q1 fiscal 2018	£1,139,909	(+71% vs Q1 fiscal 2017)
Q4 fiscal 2017	£920,225	(+50% vs Q4 fiscal 2016)
Q3 fiscal 2017	£901,180	(+21% vs Q3 fiscal 2016)
Q2 fiscal 2017	£755,736	(+13% vs Q2 fiscal 2016)
Q1 fiscal 2017	£668,324	(-17% vs Q1 fiscal 2016)

Nick Thain CEO of Breaking Data Corp. said: “It’s good to see the GIVEMESPORT team deliver four successive quarters of accelerating revenue growth compared with the same quarters from the previous year. This is a trend that we expect to continue in fiscal 2018.
“GIVEMESPORT continues to innovate at the intersection of tech and media, driving more than 1.3 million video streams to our Facebook-exclusive coverage of the PGA Golf Championships at Quail Hollow in August. We continue to view significant opportunities and partnership in social broadcasting of major sporting events. ”
Corporate Update
The Company has retained Mackie Research Capital Corporation (“Mackie”) to provide market making services to the Company in compliance with the guidelines of the TSX Venture Exchange (the “TSXV”). Mackie will trade shares of the Company on the TSXV for the purposes of maintaining an orderly market and improving the liquidity of the Company’s shares.
In consideration for their services, the Company has agreed to pay Mackie $12,000 per month for a period of 5 months, which may be extended upon the mutual agreement of the Company and Mackie. In addition, Mackie will be granted 200,000 options, with each option exercisable into a common share of the Company for a period of 24 months based on the following exercise prices: 50,000 options – $2.50 per share; 50,000 options – $3.00 per share; and 100,000 options – $4.00 per share. There are no performance factors contained in the agreement. The Company and Mackie are unrelated and unaffiliated entities, but Mackie and/or its clients may have an interest, directly or indirectly, in the securities of the Company. The agreement is subject to regulatory approval.

Click here to read the full press release.