Simplicity Esports Expects Record Revenue for Fiscal Year Ending May 31, 2022
Simplicity Esports and Gaming Company announces that management expects to report record revenue for the fiscal year ending May 31, 2022.
“Sales of gaming related merchandise, parties, and game time in our gaming centers has continued to grow year-over-year with the expansion of our footprint of esports gaming centers. Total revenues for our fiscal years ending May 31, 2020 and 2021 were $861,000 and $1,552,000, respectively, and we expect total revenues for the fiscal year ending May 31, 2022 to be more than double those reported for the prior fiscal year,” Roman Franklin, CEO of Simplicity Esports, said.
Simplicity Esports has an application on file to list its common stock and warrants with the NASDAQ Capital Market. Management continues working with NASDAQ to secure approval, but there is no guarantee that the application will be approved.
