Business UpdateMay 6, 2026, 10:16 AM
SEGG Media Pro Forma Revenue Jumps 1,400% to $10.3M Post-Veloce
AI Summary
SEGG Media filed unaudited pro forma financial results for FY 2025, showcasing a significant business transformation following the acquisition of Veloce Media Group. Pro forma revenue surged by 1,400% to $10.34 million, while total assets more than doubled to $131.5 million. The company is rapidly evolving into a scaled sports, entertainment, and gaming platform, aiming to convert its expanded global reach and audience into sustainable shareholder value, including through initiatives like Sports.com Predict.
Key Highlights
- Pro forma FY 2025 revenue: $10.34 million, a 1,400% increase from $0.69 million standalone.
- Pro forma gross profit: $4.30 million, swinging from a gross loss.
- Pro forma total assets: $131.5 million, more than doubled.
- Acquisition of Veloce Media Group fundamentally transformed SEGG Media's scale and profile.
- Veloce's 2025 results include Quadrant Limited operations from July 11, 2025.
- Veloce reports a global audience of 55 million members and 500M+ monthly views.
- Company plans to launch Sports.com Predict for interactive fan engagement.