Core Insights - Vertiqal Studios reported a revenue increase of 16% year-over-year for Q3 2025, reaching $2,158,802, attributed to the acquisition of Enthusiast Gaming assets [5][7] - The company aims to achieve positive normalized EBITDA in 2026, marking a significant milestone in its operational history [3] Financial Performance - Q3 2025 revenues were $2,158,802 compared to $1,863,636 in Q3 2024, reflecting a 16% increase [5] - Gross profit for Q3 2025 was $1,233,483, a 24% increase from $993,474 in Q3 2024, resulting in a gross margin of 57% [5][7] - Total expenses for Q3 2025 were $4,263,224, a significant increase of 668% compared to $555,297 in Q3 2024 [8] - Normalized EBITDA for Q3 2025 was $(576,315), a 40% increase in losses compared to $(465,962) in Q3 2024 [8] Management Strategy - The company is focused on integrating newly acquired assets and expects integration costs to decrease while synergy savings materialize in upcoming quarters [3][7] - Management is prioritizing the expansion of higher-margin direct advertising partnerships and aims to fully monetize its network through Q4 2025 and into 2026 [7] Company Overview - Vertiqal Studios operates North America's largest gaming and lifestyle network, managing over 200 channels across platforms like TikTok, Instagram, YouTube, and Snapchat [9][10] - The company produces over 100 pieces of content daily for a community of more than 52 million followers, generating revenue through direct brand partnerships and platform monetization [10]