B2Digital, Incorporated Reports Net Loss of $19.2 Million for the Nine Months Ended December 31, 2022

B2Digital, Incorporated, Inc.(BTDG) a leading sports entertainment company, announced its financial results for the nine months ended December 31, 2022. The company reported a net loss of $19.2 million during this period. Despite the loss, B2Digital generated significant revenue of $576.1 million, reflecting its strong performance in the sports entertainment industry.**

B2Digital, Incorporated, a prominent sports entertainment company, has released its unaudited consolidated financial statements for the nine months ended December 31, 2022. The financial statements reveal a net loss of $19.2 million during this period. However, B2Digital achieved substantial revenue of $576.1 million, underscoring its success in the sports entertainment sector.

Consolidated Balance Sheets

The consolidated balance sheets demonstrate B2Digital's financial position as of December 31, 2022, and provide insights into the company's assets and liabilities. As of the end of the period, B2Digital's total assets amounted to $642.9 million. These assets included cash and cash equivalents of $264 and various other current assets, such as notes receivable, prepaid expenses, and deposits.