EpicQuest Education enters sports events and kinesiology markets

EpicQuest Education announced a corporate strategy update as a result of it having recently established two subsidiaries that operate in the sports-related entertainment and the sports, kinesiology and fitness academics fields. The company believes that its 40% owned sports-entertainment subsidiary has the potential to generate substantial revenue from even a single sporting event. As announced on January 18, the company’s sports-related entertainment subsidiary entered into an agreement with the Argentine Football Association for the Argentina Men’s National Soccer Team to play two exhibition matches in China from which the company expects to derive substantial revenue. On December 11, 2023, the company established a wholly-owned subsidiary, Gilmore Inv, to focus on kinesiology and recreation, and on January 18, established a subsidiary, SouthGilmore, 40% owned by the company, to organize sports entertainment projects, many of which it anticipates will be large-scale in nature. These new entities represent a new strategic direction for the company which it expects to further diversify its revenue stream and lead to higher corporate growth.