connect find listening in hope greetings to Dodi, everyone is get to with We're the to are fellow to Thanks, the where in. that appreciating hard with and shareholders today helpful time and morning to and us this we future. again spent you pleased SharpLink and where our understanding have opportunity in this working
afternoon filed on the the with XXXX XX-Q Form second quarter SEC. report Yesterday closed, our market we after
important a like had to our haven't on of via SEC the XX-Q have full disclosed. website, business, you other you section a information review other Filings. Investor to on everyone understanding sec.gov our you If or may access results SharpLinkâs SEC under with filings our to Relations it, encourage I'd it chance and read and to ensure financial
in attributable same SportsHub the timing revenue to period to new XXXX. prior from $X.XX million XXXX, $X XX, million and of Gaming XXXX. to sales looking well three revenue nearly U.S. which First, as group QX statement December International income XX% the was both for contribution Network, from due overall three increase in reported June at compared our the our $X.XX year on month merger. totaled from higher More $X.XX divisions. for which largely the The affiliate QX, SportsHub's million to Revenues ended marketing services specifically, to for doubled, merged as rising the months we XX, as compared
Revenues XX, approximately quarter June $XXX,XXX, QX And Client for of from of $X.XX our increase for Marketing over the contribution for XXXX. XXX% division XX% Affiliate Services $XXX,XXX Revenue sales our group to approximately a increased million, $XXX,XXX. totaled three in approximately ended to International compared Marketing year. prior revenues revenues from which Services the $XXX,XXX the U.S. Affiliate to Sports second of XX% Services XXXX, up for declined $XXX,XXX from months approximately Gaming
Services improved the prior Marketing to $X.XX for sales half million, $XXX,XXX $X.XX revenues first approximately at XXX% first business looking International the $X.XX saw with results $X.XX segmented Services X% first basis, climb $X.XX for Now, the $X.XX of the $X million year. from overall Affiliate Services from million $X.XX compared half contributing SportsHub to million, up to across compared to Sports XXXX. of up Gaming reported to XXXX. revenues $XXX,XXX On segments, U.S. a Marketing of increased months Client to Total and from from rose revenues revenues the increased Affiliate XX% revenues million. million to six in XXXX. all million, XX%
our the to XXX% year. compared the ended our and XXX% XX% increasing from comparable mix broader positively services $XXX,XXX Services improved, three being resulting were the along respectively. $X.XX This of six XXXX expansion successfully by implemented June XXXX with the and greatly gross month to and the also profit company's first reporting in six month Marketing our Gross SportsHub, for period XX% to approximately margins divisions. months for month million and also $XX,XXX improved, period of Gross XXXX Both the increasing by impacted profit higher-margin six profit and to respectively, XX% profit XX, and margin approximately for Affiliate three period gross profit the XXXX, to comparable and X% from period merger ended June of XX, XX, ended three for with June months XXXX. for and and $XXX,XXX XXXX, initiatives products
Moving income the statement. down
$X.XX expenses For three the XX, the to XXXX, total June operating ended three months $X.XX expenses same relatively compared total XXXX. in million months operating flat at remained when for of million
XX% $X.XX intangible period from in total selling, For million million, million ending respectively. offset and $XX.XX administrative months six and costs and June The expenses XX, operating with total June associated months expense declined ended reporting XXXX. for operating impairment, noncash was due XX, the asset goodwill to six the XXXX lower a general to XXXX, expenses reduction $X.XX reported primarily by
of and in our higher XXXX. result three expenses, compared XX, operating months decreased $X.XX same total for XX% sales XXXX loss $X.XX a lower As to months June the as million reported the operating for three the ended million to
operating XXXX declined $XX.XX million to XXXX, six the in losses period from XX% respectively. months For $X.XX million, and
the million, income For $X.XX after total same $X.XX and $XXX. other $XX,XXX and and taxes months after income approximately total $X,XXX, million three ended for XX, expense of XXXX a provision June for for decrease taxes three year in reported factoring approximately from months the expense of of income for from provision and XX% net $XXX,XXX the other totaled the reasons of loss income prior aforementioned factoring and continuing operations
of This in from operations after six ended to XXXX, company's million income XX% loss and continuing for $X.XX million June continuing operations XX, total $XXX,XXX the other expense decreased approximately of and months provision For other compared after a in months June $XX,XXX income XX, factoring net taxes total to roughly the for and $XX,XXX. income the and provision taxes for $XXX. expense a income from of factoring XXXX, six ended $XX.X net loss
for months interest attributable with income accountings offset on the and with the During income other interest largely of total was by periods on in lines value credit, reporting convertible its higher change XXXX, our our in earned and cash and expenses the debenture six hand. coupled fair three expense to other associated bank of
XX, for Net discontinued three months the operations for million the of of Telemanagement ended reporting discontinued compared Solutions operations in $X.XX to from three XX% XXXX. a business legacy period XXXX, loss June $XXX,XXX month to loss as net Mer in SharpLink's declined
XXXX, months from XX% June six For of business reported discontinued ended the prior for down the net the $X,XXX,XXX operations XX, $XXX,XXX, six from loss months legacy year. the MTS same totaled in
net diluted basic for June declined share loss loss months XXXX, $X.XX XXXX or and of to way net to diluted a loss ordinary Moving shareholders, $X.XX net XX, share, $X.XX all three million our available per the loss ended down compared million the XX% $X.XX or to which to our and and loss per basic respectively.
loss six six loss basic XXXX, which per a the For June months loss share million June ended net diluted basic of $XX.XX loss net $X.XX and per and compared for XX% to million share, XXXX. $X.XX diluted XX, the months to or XX, or $X.XX ended dropped
the pivoting Now balance to sheet.
As compared $X.XX compared December deficit of June cash to XX, XX, stockholders' restricted $XX.XX in equity XXXX. total million to of XXXX, XX, June and in SharpLink was million million and cash million had as cash XXXX. cash December which $XX.XX of million restricted XX, of as XXXX, at million at Total $X.XX stockholders' $XX.XX $XX.XX of
results. the of review QX my completes That
questions financial talk today's developments shareholders second of some performance. kindly other submitted helped advance we webcast. why in our our Now, don't operational Several that have about of quarter drive strong
kicking Q&A mind would Dodi, our you off session?
