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SportsHero Limited ( (AU:SHO) ) just unveiled an update.
SportsHero Limited announced receiving a record cash receipt of approximately A$530,000 following the successful launch of its iGV.Com Game Pass product in the Philippines. This marks the largest cash receipt since its ASX listing in 2017 and signifies the progress in commercializing its gaming opportunity in Southeast Asia. The company expects ongoing monthly payments through September 2026 under the current agreement, with possibilities of future expansion and increased revenue, strengthening its financial stability and market opportunities.
The most recent analyst rating on (AU:SHO) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on SportsHero Limited stock, see the AU:SHO Stock Forecast page.
More about SportsHero Limited
SportsHero Limited is an integrated digital gaming and e-Sports business focusing on the Southeast Asia market. The company partners with major telecommunications providers in countries like Indonesia and the Philippines to offer PC and mobile casual gaming solutions.
Average Trading Volume: 480,508
Technical Sentiment Signal: Hold
Current Market Cap: A$31.87M
See more data about SHO stock on TipRanks’ Stock Analysis page.