Lottery.com Q1 revenue $21.2M (+$15.7M YoY); Adj. EBITDA $7.7M

Sports Entertainment Gaming Global Corp

2022-Q1 EPS reported -$0.33 vs consensus -$38.76 ▲ beat (+99.1%)

Q1 revenue $21.2M, up 285% from $5.5M in Q1 2021.
Gross profit $18.0M, up from $2.5M; net loss widened to $15.8M from $5.5M.
Adjusted EBITDA turned positive at $7.7M vs. -$2.6M prior year.
Cash balance $50.8M; debt reduced to $3.5M from $41.5M.
CEO cites strong B2C app download growth and Phase 1 launch of Project Nexus.

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