Elys BMG Corp inc (ELYS): $ELYS Update 11/21/2020) Cash position...

DewmBoom · 2020-11-21T17:24:51.6170000Z

$ELYS Update 11/21/2020) Cash position now stands at $10.5 million dollars and eliminated more than 4.5 million dollars in imminent debt. Cash position up by 4.8 million dollars relative to Q2. Their public offering for $10 million dollars in August was executed @ $2.40, minus ~10% commission. Their net was close to 9 million dollars. https://www.otcmarkets.com/filing/html?id=14358874&guid=wPWeUpRahHuNath Revenue for Q3, reported on Friday 11/20, was at 9.7 million dollars, with a total of 24.7 million dollars for the first 9 months in 2020. https://www.otcmarkets.com/filing/html?id=14517378&guid=wPWeUpRahHuNath Shareholder equity jumped from 8.8 million dollars at the end of December, 2019 to 17.2 million dollars at the end of September, 2020. US SPORTS BETTING UPDATE: Additionally, the Company has recently submitted its initial U.S. license application along with its first sports bar operator partner, Grand Central, LLC in the prestigious area of Adams Morgan of Washington, D.C. Our ambition is to establish exciting, premier, regulated Class B sports book locations in the District of Colombia creating expansion opportunities for local businesses while offering an ancillary product for restaurant and b ar owners to attract walk-up traffic to their establishments. https://www.businesswire.com/news/home/20201117006227/en/Elys-Game-Technology-to-Report-2020-Third-Quarter-Results-and-Recent-Developments FINANCIAL METRICS Stock pps: $1.47 OS: 16.7 millions Market Cap: 23.8 million dollars TTM Price to Revenue: 0.68 Average P/R for peers is at 13. https://www.otcmarkets.com/stock/ELYS/security ELYS is highly undervalued, especially since they completed the ELYS sports betting platform for US market passing the highest industry standard and already applied for a license. ELYS is a big 2021 winner.

Elys BMG Corp inc (ELYS)

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Saturday, 11/21/2020 12:24:51 PM

Saturday, November 21, 2020 12:24:51 PM

$ELYS Update 11/21/2020)

Cash position now stands at $10.5 million dollars and eliminated more than 4.5 million dollars in imminent debt. Cash position up by 4.8 million dollars relative to Q2. Their public offering for $10 million dollars in August was executed @ $2.40, minus ~10% commission. Their net was close to 9 million dollars. https://www.otcmarkets.com/filing/html?id=14358874&guid=wPWeUpRahHuNath
Revenue for Q3, reported on Friday 11/20, was at 9.7 million dollars, with a total of 24.7 million dollars for the first 9 months in 2020. https://www.otcmarkets.com/filing/html?id=14517378&guid=wPWeUpRahHuNath
Shareholder equity jumped from 8.8 million dollars at the end of December, 2019 to 17.2 million dollars at the end of September, 2020.
US SPORTS BETTING UPDATE: Additionally, the Company has recently submitted its initial U.S. license application along with its first sports bar operator partner, Grand Central, LLC in the prestigious area of Adams Morgan of Washington, D.C. Our ambition is to establish exciting, premier, regulated Class B sports book locations in the District of Colombia creating expansion opportunities for local businesses while offering an ancillary product for restaurant and b ar owners to attract walk-up traffic to their establishments. https://www.businesswire.com/news/home/20201117006227/en/Elys-Game-Technology-to-Report-2020-Third-Quarter-Results-and-Recent-Developments
FINANCIAL METRICS
Stock pps: $1.47
OS: 16.7 millions
Market Cap: 23.8 million dollars
TTM Price to Revenue: 0.68
Average P/R for peers is at 13. https://www.otcmarkets.com/stock/ELYS/security
ELYS is highly undervalued, especially since they completed the ELYS sports betting platform for US market passing the highest industry standard and already applied for a license. ELYS is a big 2021 winner.