Welcome to our dedicated page for Rivalry news (Ticker: RVLCF), a resource for investors and traders seeking the latest updates and insights on Rivalry stock.
Rivalry Corp (RVLCF) operates at the forefront of digital sports betting and crypto gambling innovation. This page serves as the definitive source for official company announcements, financial updates, and strategic developments in Web3-enabled wagering technology.
Investors and industry observers will find curated press releases covering earnings reports, product launches, and regulatory milestones. Our collection emphasizes Rivalry's unique position in merging traditional sports wagering with blockchain-based solutions for a Gen Z-focused audience.
Key updates include expansions in crypto gambling markets, partnerships enhancing Web3 capabilities, and operational metrics demonstrating platform growth. Bookmark this page for real-time access to filings, executive commentary, and technology deployment timelines that shape Rivalry's market strategy.
Rivalry Corp. (TSXV: RVLY) has announced that the Ontario Securities Commission has revoked the Management Cease Trade Order (MCTO) that was previously imposed on May 2, 2025. The revocation comes after the company successfully filed its required financial documentation, including the annual audited financial statements for 2024 and Q1 2025 unaudited interim financial statements.
The lifting of the MCTO now allows company management to resume trading Rivalry securities. All financial documents are now accessible on SEDAR+.
Rivalry Corp. (TSXV: RVLY) reported Q1 2025 financial results showcasing significant operational improvements following its Q4 2024 strategic transformation. The company achieved $1.3 million in net revenue while substantially reducing operating expenses by 58% year-over-year to $4 million. The net loss narrowed by 43% to $3.0 million compared to Q1 2024.
The company's restructured model, dubbed 'Rivalry 2.0', demonstrated improved unit economics with Customer Acquisition Cost payback of approximately 1.5 months. Q2 2025 set new records with 49% increase in net revenue per player versus Q1 2025. The company's monthly breakeven revenue requirement decreased to $600,000 USD from over $2 million USD a year ago.
Rivalry is currently exploring strategic alternatives and non-dilutive capital options to maximize shareholder value and accelerate growth, while implementing further cost optimizations in Q3 2025.
Rivalry Corp. (TSXV: RVLY) has reported its full-year 2024 financial results, showcasing early signs of success from its strategic turnaround efforts. The company recorded net revenue of $13.6 million, down from $16.2 million in 2023, while significantly reducing operating expenses by 17% to $32.2 million. The net loss narrowed to $22.4 million from $23.8 million previously.
The sports betting and media company has implemented comprehensive operational changes, including a leaner operating model that reduced monthly breakeven revenue requirements from $2 million to $600,000 USD. Early 2025 metrics show promising results with 40% growth in first-time depositors since January 2025 and improved customer acquisition efficiency with a 1.5-month payback period on new cohorts.
The company secured a US$475,000 unsecured loan at 10% interest rate, maturing September 30, 2025, while continuing its strategic alternatives review to maximize shareholder value.
Rivalry Corp. (RVLCF) has provided an update regarding the Management Cease Trade Order (MCTO) granted by the Ontario Securities Commission on May 1, 2025. The company is experiencing a delay in filing its annual financial statements, management's discussion and analysis, and related CEO/CFO certificates for FY2024. The Annual Filings are expected to be completed by June 30, 2025.
The company confirms there have been no material changes since the Default Announcement and intends to continue complying with alternative information guidelines. The MCTO will remain in effect until Rivalry resolves its filing requirements and the OSC lifts the order.
Rivalry Corp (RVLCF) has released preliminary Q1 2025 KPIs showing significant operational improvements following their strategic transformation. Key highlights include:
- Operational efficiency increased 400%, generating more net revenue per user per dollar of operating expense
- Player monthly deposits up 175% with total deposits rising 36% MoM in February and 12% in March
- Monthly deposit frequency increased 115%
- Q1 betting handle reached $58.2 million with net revenue of $1.3 million
- Net revenue margin was 2.3%, down from 2024's 4.4% due to temporary sportsbook hold fluctuations
The company has reduced monthly operating expenses by approximately $1.7 million and achieved record-high monthly betting handle per user in March 2025. Monthly active players grew 9% in March despite reduced marketing spend. In Ontario, Average Revenue Per Playing Account has nearly doubled compared to pre-overhaul levels.
Rivalry Corp (OTCQB: RVLCF) has announced a delay in filing its audited financial statements and management's discussion for the year ended December 31, 2024. The company has applied for a management cease trade order (MCTO) with the Ontario Securities Commission, which would restrict company management from trading securities until the Annual Filings are completed.
The delay is attributed to the company prioritizing its ongoing Strategic Review to maximize stakeholder value. Rivalry expects to complete both the Strategic Review and Annual Filings by June 30, 2025, missing the original April 30, 2025 deadline. The company will issue bi-weekly default status reports and confirms it is not subject to any insolvency proceedings.
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