Rivalry Corp (TSE:RVLY) has released an update.
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Rivalry Corp reports a profitable second quarter in 2024, with a 22% year-over-year increase in net revenue and a record net revenue margin of 62.5%, driven by the successful launch of Rivalry Token which attracted high-value crypto bettors, contributing $1.7 million in post-quarter revenue. The company is focusing on crypto expansion and VIP customer acquisition for sustained growth.
For further insights into TSE:RVLY stock, check out TipRanks’ Stock Analysis page.
