---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-043974"
form_type: "8-K"
ticker: null
cik: "0001898474"
company_name: "Signing Day Sports, Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:47:11.842726+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Signing Day Sports Q1 revenue up 334% YoY to $235k; net loss widens to $2.5M

## Summary
- Revenue of $235k (+334% YoY from $54k); paid monthly subscriptions up >200% YoY.
- Net loss of $2.5M ($0.16 loss per share) vs $865k loss ($0.12 loss per share) in Q1 2023.
- Operating expenses rose to $2.1M from $727k, partly due to one-time costs for app expansion.
- Conversion rate from free trials to paid subscriptions exceeds 40%.
- In-house engineering team hired; app expansion to more sports planned for Q2 2024.

## SEC filing metadata
- accession: 0001213900-24-043974
- form_type: 8-K
- cik: 0001898474
- company_name: Signing Day Sports, Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898474/000121390024043974/0001213900-24-043974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898474/000121390024043974/ea0206321-8k_signing.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-043974
- JSON: https://secwatch.observer/filing/0001213900-24-043974.json
- Plain text: https://secwatch.observer/filing/0001213900-24-043974.txt

## Key facts
- Earnings Releases
  Signing Day Sports, Inc. reported first quarter ended March 31, 2024 results: revenue $235,000, net income $2.5 million, EPS ($0.16).
  - Period: first quarter ended March 31, 2024
  - Revenue: $235,000
  - Net income: $2.5 million
  - EPS: ($0.16)
  - Result: reported results
  source text: Financial results for the three months ended March 31, 2024 ● Revenue totaled approximately $235,000 for the quarter ended March 31, 2024, an increase of 334%, compared to approximately $54,000 for the three months ended March 31, 2023. ● Cost of revenues sold totaled approximately $69,000 for the three months ended March 31, 2024, compared to approximately $16,000 for the three months ended March 31, 2023. ● Advertising and marketing and general and administrative expenses were approximately $2.1 million for the three months ended March 31, 2024, compared to approximately $727,000 for the three months ended March 31, 2023. ● Net loss was approximately $2.5 million, or ($0.16) per share, for the three months ended March 31, 2024, compared to a net loss of approximately $8 65,000, or ($0.12) per share, for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898474/000121390024043974/0001213900-24-043974-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.