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The Markets
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The Markets
by Proactive
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Gamelancer Media provides guidance for 2023 with company anticipating profitability this year

Gamelancer Media provides guidance for 2023 with company anticipating profitability this year

Gamelancer Media Corp. (CSE:GMNG, OTCQB:GAMGF) CEO Jon Dwyer joined Steve Darling from Proactive to share news the company has released management reviewed financial results for the quarter ended December 31, 2022, and guidance for 2023. The audited numbers are expected by April 30.

Dwyer telling Proactive guidance for 2023 includes $8.6 million in topline revenue, a 238% increase year-over-year, a gross profit margin of 68%, up from 60%, and a 36% reduction in total expenses. With its existing contracts, the company said it should become profitable in 2023.

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