Sports Venues of Florida, Inc. Announces Financial Results for the Quarter and Nine Months Ended February 28, 2021
March 22, 2021 at 02:53 pm
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Sports Venues of Florida, Inc. announced financial results for the quarter and nine months ended February 28, 2021. For the three months ended February 28, 2021 as compared to 2020, net loss improved 74.4% from a loss of $1,238,977 in 2020 to just $316,007 in 2021. Loss from operations for the quarter improved 87.6% going from a loss of $1,484,783 in 2020 to $182,905. Basic and diluted loss per share improved 100% from a loss of $0.03 per share in 2020 to $0.00 in 2021.
For the nine months ended February 28, 2021 as compared to 2020 revenues improved from $0.00 in 2020 to $14,634. Loss from operations improved by 41% going from a loss of $1,541,630 to $905,955. For the nine months Basic and diluted loss per share improved dramatically from a loss of $7.00 per share to just $0.02 per share.
GGToor, Inc. is engaged in the business of esports, youth sports and family sports entertainment markets. The Company operates through two segments: Global eSports Operations and Virtual Real Estate Operations. Global eSports Operations segment consists of the operations of the Companyâs wholly owned subsidiary, Shadow Gaming, Inc. These operations include its Tournaments with the launch of its new Open Platform model, where users can establish and manage Shadow Gaming sponsored eSports events, with event organizers and the Shadow Gaming platform. Virtual Real Estate Operations segment consist of operations regarding the sale and/or leasing of the Companyâs Virtual Real Estate parcels. The combined parcels are called GGTOORCITY, which is a virtual city in entertainment.
GGTOOR, INC. 
