Today, Swifty filed its impressive Quarter 1, 2023 financial results, with all metrics substantially increased from the same period 2022. The results are excellent considering that the company launched its first product to the market less than 12 months ago and has grown organically while also increasing its cash reserves and profitability. Swifty’s rapid growth trajectory is illustrated by revenues reaching
Swifty is fundamentally a technology company, having developed its own platforms, gaming technology and applications which it is in the process of rolling out under its global expansion plan. The in-house developed technology allows Swifty to expand even faster with less risk and less demand on its cash reserves. Under this model, the company is able to license its technology out to operators in specific regions who already have a large customer base, in return for a revenue share on all their bets. The company is expected to announce its first technology licensing deal during the month of
Swifty intentionally delayed filing its S-1 Registration Statement during the first quarter for several strategic reasons including but not limited to macroeconomics, general alignment timing, and strategic planning for an uplist. However, the company intends to file its S-1 during the second quarter of 2023.
Swifty Global CEO,
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For further information on the company’s latest news please see their communication channels:
Website: https://swifty.global
Swifty Gaming Website: https://www.swiftygaming.com
Twitter: https://twitter.com/SwiftyGlobal
LinkedIn: https://www.linkedin.com/company/swifty-global
Email: hello@swifty.global
Related links:
https://www.otcmarkets.com/stock/DRCR/profile
Source: DRCR
Forward-Looking Statement
Certain information set forth in this press release contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
Website: https://swifty.global
Twitter: https://twitter.com/SwiftyGlobal
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