Rivalry Corp reduces expenditure by 62%, Q2 showing the results of a new business model
The sports betting company and the Rivalry Corp media company has reduced operating expenses by 62% from one year to another, its latest quarterly report.
The brand undergoes a “rebuilt reference model”, with what is its second quarter under the new approach. The restructured business model was launched at the end of 2024, emphasizing efficiency, improving the monetization of players and the more in -depth operational discipline.
“We have reconstructed rivalry in a lean and high performance engine,” said Steven Salz, co-founder and CEO of Rivalry. “The monetization of players is at peaks at all times, the product is stronger than ever, and we do more with less.”
In the second quarter of 2025, the net turnover increased by 24% in a sequential manner to 1.6 million CADs (1.2 million dollars), which is up compared to $ 1.3 million in the first quarter of 2025 despite “a downspout and completely flat marketing expenditure”.
Operating expenses fell from 62% to 3.6 million CADs, down 9.5 million CADs in the second quarter of 2024. The average reimbursement of customer acquisition costs in H1 2025 was around 1.5 months which, according to the company, reflects “an improved conversion of the funnel, a higher value of the player and stronger retention – all reached in restrictive expense conditions.”
As for monthly operating expenses at execution rate, they remain about $ 600,000.
Rivalry corp to continue the strategic examination and operational orientation
The evaluation previously announced by the Company of Strategic Alternatives remains in progress, the team continuing to explore a range of potential results aimed at maximizing the value of shareholders.
“This strategic examination is to allow the growth of a fundamentally stronger basis,” said Salz. “We have rebuilt the engine. Now we have focused on unlocking its full potential. ”
The time for the completion of the exam was not shared, but three orientations were highlighted. The first is to “normalize the cost of the above -mentioned execution rate by resolving liabilities and non -recurring losses in previous periods”.
The second objective is to activate a controlled growth strategy which will be supported by high marketing efficiency and an average acquisition cost reimbursement of 1.5 months observed throughout 2025.
Third, the company will examine the optimization of targeted costs, with additional reductions evaluated for H2 2025.
Star image: generated by AI via ideogram
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