SEGG Media Reports More Than 1,500% Year-Over-Year Revenue Growth in Second Quarter, Driven by Veloce
Key Highlights
- ➤Q2 revenue $3.2 million, up 1,584% from $192,000 year-over-year
- ➤Veloce generated most Q2 revenue in its first full quarter under SEGG Media
- ➤Six-month revenue $4.4 million, up 966% from $416,000 year-over-year
- ➤Total assets reached $121.9 million at June 30, 2026, versus $52.9 million year-end
- ➤Nasdaq deficiency cured after SEGG Media became current on periodic reports
Expert Statements
Robert J. Stubblefield, Chief Financial Officer and Interim President and Chief Executive Officer of SEGG Media
“A year ago we were doing about $200,000 a quarter in revenue. This quarter we did $3.2 million, and most of it came from businesses we didn't own twelve months ago. There's more work ahead, particularly on our cost structure. But the business underneath is larger and more diversified, and with our reporting current, we can put more of our attention on growing it.”
FORT WORTH, Texas, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation ("SEGG Media" or the "Company") (Nasdaq: SEGG) today reported financial results for the second quarter ended June 30, 2026, as filed in its Quarterly Report on Form 10-Q. Revenue rose to $3.2 million from $192,000 in the second quarter of 2025, driven by the first full quarter of results from Veloce Media Group ("Veloce"), which the Company acquired on February 17, 2026.
With this filing, the Company is current on all periodic reports cited in its previously announced Nasdaq notices. The filing cures the Company's previously announced deficiency under Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the SEC. The Company will provide an update when it receives Nasdaq's formal compliance determination.
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