Flash Sports Posts ~$6.2M Q3 Revenue as LPL Season 6 Delivers
FLZH is trading near its 52-week low of $0.028 (0.0% above the low) on light trading volume (0.1× avg).
Summary
Flash Sports reported preliminary, unaudited Q3 2026 revenue of about $6.2 million, up sharply from $44,318 in Q2 before the Lanka Premier League season began. Roughly $3.4 million of that was franchise, sponsorship and production fees billed in advance and sitting as contract liabilities at June 30, so the quarter largely reflects cash already collected. The company also announced plans for Malaysia T20 and Zimbabwe T20 leagues and a title sponsorship of the Switzerland men's national cricket team, and it is targeting profitability in 2027 with no assurance. The number is an estimate: closing procedures are incomplete and no auditor has reviewed it, with net loss, cash and liquidity to come in the Q3 10-Q. Context matters here — the Q2 10-Q flagged going concern doubt and material weaknesses, and Nasdaq ordered FLZH trading suspended effective August 26, 2026, with an appeal pending, so the stock now trades OTC near its 52-week low. Watch the Q3 10-Q for the actual net loss and cash position behind this revenue figure.
At the time of this announcement, FLZH was trading at $0.03 on OTC in the Trade & Services sector, with a market capitalization of approximately $1.6M. The 52-week trading range was $0.03 to $312.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.