FansUnite Entertainment, Inc. (TSE:FANS) has released an update.
FansUnite Entertainment Inc. reports a successful fiscal year 2023 with unaudited revenues between $23.4 million to $23.9 million and a gross margin increase to 61-65%, up from 56% the previous year. The company’s strategic divestment of iGaming assets has led to significant annual cost savings and a 12% revenue growth in Q4 as compared to the same period in 2022. CEO Scott Burton highlights the company’s efforts in restructuring for growth and the focus on their North American sports betting affiliate business.
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