OpenLocker Holdings, Inc. (OLKR) Jun 2024 Earnings Report

OpenLocker Holdings, Inc. (OLKR): Investment Report

Overview

OpenLocker Holdings, Inc. (OLKR) is a technology platform for athletes and brands, providing marketing solutions for collegiate and professional sports organizations, and athletes. With its unique blend of blockchain technology and sports branding, OLKR has the potential to revolutionize the sports industry. As the company continues to grow and innovate, we delve into its financial performance, growth prospects, and recent news to provide a comprehensive investment report.

Core Metrics

Current Price: $0.1974 USD 52-Week High: $0.44 52-Week Low: $0.1 Market Cap: $8,238,410 USD P/E Ratio: N/A Earnings per Share: -$0.17 50-Day Average: $0.2166306 200-Day Average: $0.2240494 Analyst Recommendations: None

Financial Performance

OpenLocker Holdings, Inc. has a market capitalization of $8,238,410 USD, with a current stock price of $0.1974 USD. The company's financial performance is mixed, with revenue growth of -0.621 and gross margins of 0.37581003. Total cash stands at $16,956, with free cash flow of $561,792 and operating cash flow of -$558,787. EBITDA is -$1,122,956.

Growth Prospects

With its unique business model and growing presence in the sports industry, OpenLocker Holdings, Inc. has potential for growth. The company's blockchain technology and sports branding services could expand to new markets and revenue streams. However, the company's mixed financial performance and lack of analyst recommendations pose challenges to its growth prospects.

News and Updates

Recent news articles highlight the company's year-end letter to shareholders, its services for students with disabilities, and its partnership with the University of Dayton. Additionally, there are unrelated news articles about the Detroit Lions waiving a veteran defensive back and the southwest monsoon setting in over Kerala and northeast India.

Upgrades and Downgrades

There are no recent upgrades or downgrades to report, as there are no analyst recommendations for OpenLocker Holdings, Inc.

Summary

In conclusion, OpenLocker Holdings, Inc. (OLKR) presents a mixed bag of opportunities and challenges. While the company's unique business model and growing presence in the sports industry offer potential for growth, its mixed financial performance and lack of analyst recommendations pose challenges. As the company continues to innovate and expand its services, investors should closely monitor its financial performance and growth prospects.

Disclosures

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