Blog

theScore Featured Image

TORONTO, November 17, 2015 – theScore, Inc. (TSX Venture: SCR) (“theScore”) today announced the financial results for the three and twelve months ended August 31, 2015 in accordance with International Financial Reporting Standards (“IFRS”).

FISCAL 2015 Q4 USER METRICS AND REVENUE HIGHLIGHTS

  • Achieved revenue of $2.9 million in Q4 F2015, an increase of 63% compared to the same period in F2014.
    • Advertising revenue for Q4 F2015 also increased by 89% compared to the same period in F2014.
  • Audience for the Company’s mobile platforms reached a record 10.5 million average monthly active users in Q4 F2015, an increase of 21% compared to the same period in F2014.[*]
    • Mobile web users were 6.8 million, an increase of 32% over the same period in F2014.
    • Mobile app users were 3.7 million, an increase of 4% over the same period in F2014, and 21% after normalizing for the impact of the 2014 FIFA World Cup, which occurred in Q4 F2014.
    • Mobile app user engagement grew by 50% over the same period in F2014, with over 210 million average monthly user sessions in Q4 F2015.
  • Audience for the Company’s eSports platforms, which launched in March 2015, reached a milestone of more than 500,000 monthly active users for the first time in Q4 F2015.

“Our audience continues to grow and they’re coming back to us more often too, as our strong session growth demonstrates,” said John Levy, Founder and CEO of theScore.

“We’re forging a deeper connection between sports fans and our mobile products by creating powerful engagement that helped achieve strong revenue during a quarter that’s traditionally quieter in terms of major sports leagues and competitions.

“Combined with the first major user milestone for our eSports platform, the imminent re-launch of our fantasy sports offering as well as the huge strides we’re making in our mobile advertising business and theScore is perfectly placed to continue reinforcing our position as a true leader in mobile sports in F2016.”

FISCAL 2015 Q4 OPERATIONAL HIGHLIGHTS

  • User Accounts were launched for theScore app on iOS and Android, allowing users to save and synchronize their favorite leagues, teams and players across multiple devices. The functionality also allowed theScore to suggest teams to follow based on user location and what a user has ‘liked’ on Facebook when using social sign-in.
  • theScore eSports for iOS and Android was updated to include live scores and stats from Counter-Strike: Global Offensive tournaments, allowing fans of the first-person shooter to follow every kill, assist and round won from the biggest professional contests in the world in real-time.
  • theScore eSports partnered with major eSports tournaments including Dreamhack Summer, ESL One Cologne, and ESL’s CS:GO Pro League Finals, resulting in valuable exposure and brand awareness across multiple eSports.


FISCAL 2015 and Q4 FINANCIAL HIGHLIGHTS

Revenue for the year ended August 31, 2015 was $12.4 million compared to $7.8 million in the same period the previous year, an increase of 58%. Advertising revenue for the year ended August 31, 2015 was $11.7 million compared to $6.8 million in the same period the previous year, an increase of 71%.

Revenue for the three months ended August 31, 2015 was $2.9 million compared to $1.8 million in the same period the previous year, an increase of 63%. Advertising revenue for the three months ended August 31, 2015 was $2.9 million compared to $1.6 million in the same period the previous year, an increase of 89%.

Adjusted EBITDA loss for the year ended August 31, 2015 was $10.7 million compared to $8.4 million in the same period the previous year. Adjusted EBITDA loss for the three months ended August 31, 2015 was $4.0 million compared to an Adjusted EBITDA loss of $3.2 million in the same period the previous year.

Net and comprehensive loss for the year ended August 31, 2015 was $13.5 million compared to $10.7 million in the same period the previous year. Net and comprehensive loss for the three months ended August 31, 2015 was $4.6 million compared to $3.9 million in the same period the previous year.


NON-IFRS FINANCIAL MEASURES

In addition to disclosing results in accordance with IFRS as issued by the International Accounting Standards Board (“IASB”), theScore also provides supplementary non-IFRS financial measures as a method of evaluating the Company’s performance. theScore utilizes earnings before interest, taxes, depreciation, amortization and acquisition costs (“Adjusted EBITDA”) to measure operating performance. theScore’s definition of Adjusted EBITDA excludes depreciation and amortization, finance income, income taxes, and acquisition costs which in theScore’s view do not adequately reflect its core operating results. Adjusted EBITDA is used in the determination of short-term incentive compensation for all senior management personnel. The Company revised the non-GAAP measure in 2015 from EBITDA to adjusted EBITDA, as a result of the acquisition costs incurred related to Swoopt.

Adjusted EBITDA is not a measure of performance under IFRS and should not be considered in isolation or as a substitute for net and comprehensive income or loss prepared in accordance with IFRS or as a measure of operating performance or profitability. Adjusted EBITDA does not have a standardized meaning prescribed by IFRS and is not necessarily comparable to similar measures presented by other companies.


STOCK OPTION GRANT

theScore announced the grant of an aggregate of 7,515,000 options on November 16, 2015, including 2,440,000 options to directors and officers of the Company. Options were granted to the following directors and officers: Norwest Video Inc. (1,200,000 options); Benjamin Levy (600,000 options); Tom Hearne (400,000 options); Ralph Lean (120,000 options); John Albright (120,000 options); Mark Scholes (120,000 options); Lorry Schneider (120,000 options); William Thomson (120,000 options); and Mark Zega (120,000 options). Each option is exercisable for one Class A Subordinate Voting Share of theScore at an exercise price of $0.31, vests over three years and has a term of ten years. Each option is exercisable in accordance with the terms and conditions of the Company’s stock option plan.

theScore will be hosting a conference call at 8:30am EST on Tuesday, November 17 where management will review the Company’s Q4 F2015 results, followed by a question and answer session.

Conference Call Dial-In Numbers
Toronto: (+1) 416 764 8688
Toll Free North America: (+1) 888 390 0546

Instant Replay
Toronto: (+1) 416 764 8677
Toll Free: North America (+1) 888 390 0541
Playback Passcode: 296570 #

A live webcast of the call can be accessed by clicking here.
For more information:
James Bigg
Sr. Manager, Communications
theScore, Inc.
Tel: 416.479.8812 ext. 2366
Email: james.bigg@thescore.com

Tom Hearne
Chief Financial Officer
theScore, Inc.
Tel: 416.479.8812 ext. 2206
Email: tom.hearne@thescore.com

About theScore Inc.
theScore, Inc. is an independent creator of mobile-first sports experiences, connecting fans to what they love through an addictive combination of comprehensive and personalized real-time news, scores, stats and alerts via its mobile sports platforms theScore and theScore eSports and fantasy sports contests via Swoopt.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

[*] User and user engagement metrics in the current and comparative periods exclude the following platforms which are no longer supported by theScore: (i) theScore app on BlackBerry 7, BlackBerry Playbook, Kindle Fire and Windows Phone 7; and (ii) theScore’s legacy soccer application, ScoreMobile FC.

Screen Shot 2015-11-17 at 10.16.21 AM Screen Shot 2015-11-17 at 10.16.29 AM Screen Shot 2015-11-17 at 10.16.34 AM Screen Shot 2015-11-17 at 10.16.41 AM Screen Shot 2015-11-17 at 10.16.48 AM

theScore Featured Image

TORONTO, November 16 2015 – theScore, Inc. (TSX Venture: SCR) (“theScore”), a leader in creating mobile sports experiences, plans to release its Q4 F2015 and year-end financial results on Tuesday, November 17 at 7:00am EST.

theScore will also be hosting a conference call where Founder & Chief Executive Officer John Levy, President & Chief Operating Officer Benjie Levy and Chief Financial Officer Tom Hearne will review the Company’s Fiscal 2015 Q4 and year-end results followed by a question and answer session.

The conference call is scheduled to begin at 8:30am EST on Tuesday, November 17. To participate, please call into the conference approximately five minutes prior to it beginning.

Conference Call Dial-In Numbers
Toronto: (+1) 416 764 8688
Toll Free North America: (+1) 888 390 0546

Instant Replay
Toronto: (+1) 416 764 8677
Toll Free: North America (+1) 888 390 0541
Playback Passcode: 296570 #

The conference call will also be webcast live here.

For more information:
James Bigg
Sr. Manager, Communications
theScore, Inc.
Tel: 416.479.8812 ext. 2366
Email: james.bigg@thescore.com

Tom Hearne
Chief Financial Officer
theScore, Inc.
Tel: 416.479.8812 ext. 2206
Email: tom.hearne@thescore.com

About theScore Inc.
theScore, Inc. is an independent creator of mobile-first sports experiences, connecting fans to what they love through an addictive combination of comprehensive and personalized real-time news, scores, stats, alerts and daily fantasy sports contests via its mobile sports platforms theScore, theScore eSports and Swoopt.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

theScore Featured Image

– Mobile sports company releases fiscal 2015 third quarter results

TORONTO, July 16 2015 – theScore, Inc. (TSX Venture: SCR) (“theScore”) today announced the financial results for the three and nine months ended May 31, 2015 in accordance with International Financial Reporting Standards (“IFRS”).

FISCAL 2015 Q3 USER METRICS AND REVENUE HIGHLIGHTS 

  • Average monthly active users of theScore’s mobile platforms reached a record 10.5 million in Q3 F2015, comprised of 4.4 million mobile app users and 6.1 million mobile web users, an increase of 91% compared to the same period in F2014.
    • Average monthly active users of theScore’s iOS and Android mobile apps increased by 18% compared to the same period in F2014.
    • Average monthly active users of theScore’s mobile web platform increased 310% compared to the same period in F2014.
  • Average monthly sessions of theScore’s iOS and Android mobile apps reached 285 million in Q3 F2015, an increase of 79% compared to the same period in F2014.
  • Achieved revenue of $3.2 million in Q3 F2015, an increase of 60% compared to the same period in F2014.
    • Advertising revenue for Q3 F2015 increased by 73% compared to the same period in F2014.

“Q3 broke new records and we’ve already surpassed the total revenue achieved in F2014 with a full quarter remaining,” said John Levy, Founder and CEO of theScore.

“User engagement of our mobile apps continues to soar, with our session numbers proving that theScore is very much a part of sports fans’ daily lives. Q3 also saw the continued roll-out of our eSports offering, reinforcing our reputation as the go-to mobile destination for eSports coverage.

“We’re now looking ahead to the upcoming re-launch of Swoopt, the mobile-first daily fantasy sports game we acquired in Q2. Our product development team has been working extremely hard on delivering improvements and enhancements to gameplay that we’re excited to introduce to our existing user base as well as fans of fantasy sports everywhere.”

FISCAL 2015 Q3 OPERATIONAL HIGHLIGHTS

  • theScore eSports was launched on iOS, giving fans of competitive gaming on iPhones an app for breaking news, live scores, stats, push alerts and links to streams from across the world of eSports.
    • theScore eSports further expanded its real-time coverage of competitive gaming by adding live scores and stats for the games Dota 2 and Counter-Strike: Global Offensive to its Android and iOS apps.
  • theScore became one of the first apps to be available for the newly released Apple Watch, delivering real-time scores, stats and breaking news notifications on users’ favorite leagues, teams and players right to their wrist.
  • theScore closed a bought deal offering whereby it sold 39.56 million Units for gross proceeds of $26.5 million. The deal was led by Mackie Research Capital Corporation and the syndicate also involved Canaccord Genuity Corp. and Beacon Securities Ltd. The Levy Family and Relay Ventures also participated in the offering, with net proceeds from the Offering to be used to support the ongoing development of the Company’s mobile sports apps and the expansion of sales and marketing efforts and for general corporate and working capital purposes.


Q3 F2015 FINANCIAL RESULTS

Revenue for the three months ended May 31, 2015 was $3.2 million compared to $2.0 million the previous year, an increase of 60%. Revenue for the nine months ended May 31, 2015 was $9.4 million compared to $6.0 million the previous year, an increase of 57%.

Adjusted EBITDA loss for the three month period was $3.2 million compared to $2.1 million in the same period in the prior year, an increase of $1.1 million. Adjusted EBITDA loss for the nine month period was $6.6 million compared to $5.1 million in the same period in the prior year, an increase of $1.5 million. Excluding the impact of a one time reduction of personnel costs of $1.7 million in Q2 of the prior year related to tax credits, year-over-year Adjusted EBITDA loss decreased by $0.2 million for the nine month period ending May 31, 2015.

For more information:

James Bigg
Manager, Communications
theScore, Inc.
Tel: 416.479.8812 ext. 2366
Email: james.bigg@thescore.com

Tom Hearne
Chief Financial Officer
theScore, Inc.
Tel: 416.479.8812 ext. 2206
Email: tom.hearne@thescore.com

About theScore Inc.
theScore, Inc. is an independent creator of mobile-first sports experiences, connecting fans to what they love through an addictive combination of comprehensive and personalized real-time news, scores, stats, alerts and daily fantasy sports contests via its mobile sports platforms ‘theScore,’ ‘theScore eSports,’ ‘ScoreMobileFC’ and ‘Swoopt.’

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

Financials 1 Financials 2 Financials 3 Financials 4

theScore Featured Image

– Mobile sports company releases fiscal 2015 second quarter results

TORONTO, April 14 2015 – theScore, Inc. (TSX Venture: SCR) (“theScore”) today announced the financial results for the three and six months ended February 28, 2015 in accordance with International Financial Reporting Standards (“IFRS”).

FISCAL 2015 Q2 OPERATIONAL HIGHLIGHTS

• Achieved record quarterly revenue of $3.2 million in Q2 F2015, an increase of 68% compared to the same period in F2014.

o Advertising revenue for Q2 F2015 increased by 78% compared to the same period in F2014.

• Average monthly active users of theScore’s mobile platforms reached 10 million in Q2 F2015, an increase of 100% compared to the same period in F2014.

o Average monthly active users of theScore’s mobile apps reached 4.6 million in Q2 F2015, an increase of 15% compared to the same period in F2014.

o Average monthly active users of theScore’s mobile web platform reached 5.4 million in Q2 F2015, an increase of 446% compared to the same period in F2014.

• Average monthly sessions of theScore’s mobile apps reached 264 million in Q2 F2015, an increase of 70% compared to the same period in F2014.

“Q2 saw us continue to strengthen the core foundations that power theScore’s mobile sports offerings – our established brand as a leader in mobile sports, our best-in-class product development team and our cutting edge mobile newsroom,” said John Levy, Founder and CEO of theScore.

“This was also an historic quarter for us with the expansion of our product offering. The acquisition of mobile-first daily fantasy sports game Swoopt gives us a foothold in a fast-growing space that enjoys a clear fit with our existing user base, while the launch of theScore eSports established us as the first major sports media company to treat competitive video gaming as a legitimate sport with a standalone app.”


• On December 19, 2014 theScore announced that it had closed a deal to acquire the daily fantasy sports game ‘Swoopt.’ The acquisition provides theScore with a strategic entry point into the daily fantasy sports space.

• On February 4, 2015 theScore announced that it was the first major sports media company to launch a dedicated mobile app for eSports. Launching initially on Android, theScore eSports seamlessly combines mobile-first breaking news, live scores, stats, push alerts and link to video highlights and stream from across the world of eSports and competitive video gaming.

• On February 11, 2015 theScore was included within the 2015 TSX Venture 50®, a list of the top 50 companies listed on the TSX Venture Exchange.

• On February 12, 2015 theScore announced a bought deal offering whereby it sold 39.56 million Units for gross proceeds of $26.5 million. The deal was led by Mackie Research Capital Corporation and the syndicate also involved Canaccord Genuity Corp. and Beacon Securities Ltd. The Levy Family and Relay Ventures also participated in the offering. The net proceeds from the Offering will be used to support the ongoing development of the Company’s mobile sports apps and the expansion of sales and marketing efforts and for general corporate and working capital purposes.

Q2 F2015 FINANCIAL RESULTS
Revenue for the three months ended February 28, 2015 was $3.2 million compared to $1.9 million the previous year, an increase of 68%. Revenue for the six months ended February 28, 2015 was $6.3 million compared to $4.0 million the previous year, an increase of 57%.
Adjusted EBITDA loss for the three month period was $1.9 million compared to $0.7 million in the same period in the prior year, an increase of $1.2 million. Adjusted EBITDA loss for the six month period was $3.4 million compared to $3.0 million in the same period in the prior year, an increase of $0.4 million. Excluding the impact of one time reductions of personnel costs of $1.7 million in the prior year related to tax credits, Adjusted EBITDA loss decreased by $0.5 million and $1.3 million respectively for the three and six month periods ending February 28, 2015, when compared to the prior year.

 

For more information:

James Bigg
Manager, Communications
theScore, Inc.
Tel: 416.479.8812 ext. 2366
Email: james.bigg@thescore.com

Tom Hearne
Chief Financial Officer
theScore, Inc.
Tel: 416.479.8812 ext. 2206
Email: tom.hearne@thescore.com


About theScore Inc.
theScore, Inc. is an independent creator of mobile-first sports experiences, connecting fans to what they love through an addictive combination of comprehensive and personalized real-time news, scores, stats, alerts and daily fantasy sports contests via its mobile sports platforms ‘theScore,’ ‘theScore eSports,’ ‘ScoreMobileFC’ and ‘Swoopt.’ 

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

 

Screen Shot 2015-04-13 at 7.12.16 PM

 

Screen Shot 2015-04-13 at 7.13.17 PMScreen Shot 2015-04-13 at 7.14.12 PMScreen Shot 2015-04-13 at 7.15.15 PM

 

theScore-S-Logo

– Mobile sports company releases fiscal 2015 first quarter results

TORONTO, January 15 2015 – theScore, Inc. (TSX Venture: SCR) (“theScore”) today announced the financial results for the three months ended November 30, 2014 in accordance with International Financial Reporting Standards (“IFRS”).

FISCAL 2015 Q1 OPERATIONAL HIGHLIGHTS 

  • Average monthly active users of theScore’s mobile platforms reached a record 10.2 million in Q1 F2015, an increase of 112% compared to the same period in F2014.
    • Average monthly active users of theScore’s mobile apps reached 4.8 million in Q1 F2015, an increase of 15% compared to the same period in F2014.*
    • Average monthly active users of theScore’s mobile web platform reached 5.4 million in Q1 F2015, an increase of 776% compared to the same period in F2014.*
  • Average monthly sessions of theScore’s mobile apps reached 298 million in Q1 F2015, an increase of 56% compared to the same period in F2014.*
  • Achieved record quarterly revenue of $3.05 million in Q1 F2015
    • Advertising revenue for Q1 F2015 increased by 49% compared to the same period the previous year.

“2015 is off to a great start with more than 10 million sports fans now using theScore as their go-to mobile sports platform,” said John Levy, Founder and CEO of theScore.

“The recent acquisition of daily fantasy sports game Swoopt also further strengthened and diversified our offering, giving us a strategic entry point into the daily fantasy sports space with a product that enjoys a clear fit with theScore’s existing user base. Coupled with the record quarterly revenue we enjoyed in Q1, theScore is well on course to reinforce its position as a leader in mobile sports during 2015.”


Q1 F2015 OPERATIONAL HIGHLIGHTS

  • theScore was named “one of the world’s greatest” apps by Business Insider as part of the influential media outlet’s annual ‘App 100’ list.
  • theScore for iOS and Android was updated with a host of new features designed to take football fans closer to the gridiron than ever before, including rich scoring play visuals and detailed graphics that track each pass, drive, penalty and kick.
  • theScore for iOS and Android was updated with Feed Filters, allowing users to create additional customized Feeds to track their favorite leagues, teams and players, making it perfect for even deeper fantasy sports tracking.
  • theScore for iOS was updated to be fully optimized for the newly released iPhone 6 and iPhone 6 Plus devices.


Q1 F2015 FINANCIAL RESULTS

Revenue for the three months ended November 30, 2014 was $3.05 million compared to $2.1 million the previous year, an increase of 45%. EBITDA loss for the three months ended November 30, 2014 was $1.5 million compared to $2.3 million the previous year, an improvement of 35%.

* User metrics from Q1 F2014 exclude theScore’s secondary mobile sports application, SportsTap, which was retired September 30, 2013.

For more information:

James Bigg
Manager, Communications
theScore, Inc.
Tel: 416.479.8812 ext. 2366
Email: james.bigg@thescore.com

Tom Hearne
Chief Financial Officer
theScore, Inc.
Tel: 416.479.8812 ext. 2206
Email: tom.hearne@thescore.com

About theScore Inc.
theScore creates mobile-first sports experiences, connecting fans to what they love through an addictive combination of real-time news, scores, fantasy information and alerts while creating and curating content that is mobile optimized, comprehensive, customizable and seamlessly shareable. theScore is available on iOS, Android, BlackBerry and Windows Phone devices. 

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

theScore Financials 1theScore Financials 2

theScore Financials 3theScore Financials 4