Rivalry reports 71% revenue slump for Q1
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1 Articles
Rivalry reports 71% revenue slump for Q1
Rivalry has reported net revenue of C$1.3m ($936,619) for Q1 2025, representing a 71.1% decrease when compared to the same period in 2024. This left a net revenue margin of 2.3%, down from 4.4% the previous year, while handle for the Toronto-based operator fell 38.5% year-on-year to C$58.2m. The company has said the quarter’s results reflect its operations under a “significantly leaner structure” that has seen its operating expenses decrease…
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