VANCOUVER, BC — August 15, 2023 — GameOn (CSE: GET) (OTCQB: GMETF), a next generation fantasy sports platform partnered with the world's best leagues to launch, operate, and monetize web3 games, today announces that it has filed its condensed consolidated interim financial statements for Q2 2023.

“Q2 signals another record quarter for the company,” said GameOn CEO Matt Bailey. “As each quarter passes, our fundamentals consistently and significantly improve. This is achieved with intent as the company optimizes resources and focuses on scaled revenue and future profits.”

Q2 YTD highlights include:

• Revenue of $836,239 compared to $125,160 in 2022 (568% increase year-on-year). 
• Net loss and comprehensive loss of $1,200,580 compared to $2,424,024 in 2022 (50% decrease year-on-year).
• Net cash outflows from operations of $1,045,319 compared to $1,455,493 in 2022 (28% decrease year-on-year).

“Our recent traction will be hyper-fueled by our forward-looking major league focus.” Bailey said. “We recently announced Professional Fighters League as our newest partner, but this is just the beginning. We have multiple deals in-contract and are confident that we’ll announce several new partnerships in the coming months. All will leverage our built and ready PLAYN3XT platform and will present multi-million-dollar revenue opportunities.”

Once the next several partnerships are announced, management intends to share new and detailed guidance on revenue projections in late-Q3 or early-Q4.

Bailey commented, “Such planning and projections take time, diligence, and collaboration with our partners. We expect each new partner to exponentially drive GameOn’s investor reach, brand equity, and bottom line, and look forward to sharing our path to profitability in due course.”

See SEDAR for full copies of the Company's consolidated financial statements and MD&A.

On Behalf of the Board of Directors: 
Matt Bailey
Director & CEO at GameOn
matt@gameon.app