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SportsHero Limited ( (AU:SHO) ) has shared an update.
SportsHero Limited reported record quarterly cash receipts of A$539,000 for the second quarter of FY26, driven largely by a milestone payment tied to the implementation of its iGV.com platform in the Philippines and early revenue from its HeroPlay mobile gaming service. HeroPlay, launched in November 2025, is showing strong early traction, with average daily subscriber sign-ups tripling to about 880 in recent days and a high of 1,710 in a single day, while roughly 89% of users are opting for higher-margin direct payment methods. The company ended the quarter with A$500,000 in cash and around A$1.1 million in undrawn debt facilities to fund marketing and regional expansion, and it expects further cash inflows from its Philippine telecom partner under a US$1 million contract. With major Indonesian telco Indosat preparing full-scale marketing of HeroPlay to its 50.9 million monthly active app users, SportsHero is positioning itself to scale both its user base and margins in a rapidly growing mobile gaming market, though management notes that key long-term subscription metrics will take time to stabilise.
The most recent analyst rating on (AU:SHO) stock is a Hold with a A$0.05 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 company focused on the South East Asian market, offering its HeroPlay mobile casual gaming platform through telecommunications partners and direct-to-consumer channels. The business leverages telco billing and third-party payment platforms to monetise a large regional mobile gamer base, with a particular emphasis on Indonesia and the Philippines.
YTD Price Performance: 2.17%
Average Trading Volume: 554,020
Technical Sentiment Signal: Buy
Current Market Cap: A$38.4M
Find detailed analytics on SHO stock on TipRanks’ Stock Analysis page.