TORONTO – Crediting an increase in its fan base, Score Media reported second quarter financials in the black, reversing a net loss from the same period last year.
Profits for the quarter ended February 28, 2011 were $200,000, compared to a net loss of $200,000 year-over-year. Revenues for the quarter were $11.1 million, up 11% to from $10 million last year, while EBITDA increased by $100,000 to $1.1 million.
The sports media company also said that its digital properties generated “record traffic” this quarter, including a record high 2.4 million unique visitors to ScoreMobile, ScoreMobile FC and theScore iPad Edition. Its site theScore.com garnered 1.4 million monthly unique visitors, up 124% over January 2010.
"Our results from this past quarter demonstrated continued growth across the company," said chairman and CEO John Levy, in a statement. "Our fan base increased and our team is working hard behind the scenes preparing for some exciting new launches across all of our platforms in the coming months."
For more on Score Media’s second quarter results, click here.
