Mexican National NFT team sell-out and Q3 revenue

RNS Number : 0633E

Mobile Streams plc

25 October 2022

 

25^th October 2022

Mobile Streams plc

("MOS" or "the Company")

Mexican National team NFT sell-out and Q3 revenue.

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce its first NFT whitelist 'drop' (essentially a launch of a batch of NFTs) for the Mexican National team sold out over the weekend. Whitelist, early entry, NFTs were sold for US$50 each with the price of these NFTs rising to US$100 by 3pm Mexico time on Monday. Total sales from the drop are currently in excess of US$60,000 and continuing to rise. In addition, the Company will receive 5% of any future resale value from the cards through its embedded NFT royalty. This is just the first drop of many for the Mexican National team. With the World Cup starting soon, customers can expect a significant number of drops to happen in the near future.

MOS has also launched its Mexican National team HeroesNFTclub marketplace where NFT cards can be purchased and traded. The marketplace can be found at: https://miseleccion.heroesnftclub.com

Q3 Revenue

The Company is pleased to announce revenue for the three months to 30 September 2022 of US$620,000. This represents a year-on-year increase of 268% in revenue when compared to the same period in 2021.

Mark Epstein, CEO Mobile Streams plc, said:

"We are delighted with the results of our first launch of Mexican National team NFTs. This is just the first of many NFT drops we will be doing for the National team, with a significant number due to take place in the upcoming World Cup period and beyond we expect this licence to grow rapidly. We are also looking to sign additional contracts and further announcements on these will be made in due course. We are pleased with our revenue progress to date and expect this to increase significantly throughout the rest of the year."

About Mobile Streams

Mobile Streams delivers world class gaming content to a global audience, through its LiveScores and mobilegaming.com platforms, our long-standing carrier relationships in countries including India, Argentina and Mexico, and through our https://heroesnftclub.com/ site.

Our Streams data insight, intelligence and visualisation services and marketing optimisation tools support the content business, as well as serving enterprise level bespoke clients and the Streams SaaS ("Software as a Service") self-service platform. Our strategy is to deliver next-generation content including gaming, Esports and related NFTs to a global audience.

For further information, please contact:

Mobile Streams plc

Nigel Burton, Adviser

[phone]

www.mobilestreams.com

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

[phone]

Peterhouse Capital Limited (Broker)

Lucy Williams and Duncan Vasey

[phone]

 

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