Rivalry Reports Record Ontario Performance

Core Insights - Rivalry Corp. is experiencing significant growth in Ontario, its primary regulated market, following a capital restructuring and refinancing completed in October 2025 [2][4] - The company is on track for an all-time record quarter in Ontario, with new highs in handle, gross revenue, net revenue, active players, and newly acquired players during Q4 2025 [2][4] Ontario Performance Update - The growth in Ontario is attributed to approximately six weeks of increased marketing spend post-restructuring, with only a modest increase of about $75,000 USD above the previous run-rate [3] - Active players in Ontario are tracking 28% above Q3 levels, with a nearly 60% year-over-year increase, indicating strong expansion of the player base [6] - Deposits have surged approximately 240% year-over-year, alongside a 117% increase in deposit count, reflecting deeper engagement among players [6] - Wagers have doubled year-over-year, driven by sustained gains in player activity and retention [6] Private Placement Update - The company completed a non-brokered private placement, resulting in total gross proceeds of $4.26 million, with no additional funds raised beyond previously announced amounts [5] Strategic Outlook - Rivalry aims to scale proven marketing initiatives with demonstrated returns, enhance product offerings, and maintain a normalized cost base while growing Ontario's contribution to total revenue [7]