Rivalry Corp. Announces New-Found Operational Efficiencies With Q1 2025 Financial Statement

Company implemented fundamental changes at end of 2024 to achieve a 58% year-over-year decrease in operating expenses.

Tighter Corporate Structure Brings Costs Down

The company completed a product, brand, and marketing overhaul going into 2025. This included a crypto-first strategy plus a renewed focus on high-value players.

Rivalry introduced a revamped registration flow, login, sportsbook, new crypto-first cashier, redesigned casino offering, and a comprehensive VIP rewards program.
Most of the changes have been implemented, resulting in a leaner operating model with breakeven net revenue at US$600K per month.

Layoffs in 2024

The company implemented staffing layoffs in 2024, letting go of 28 employees in October, after laying off 29 people in July.

Rebuilding the Business for Scalability

“This quarter marks the full emergence of Rivalry 2.0 – leaner, sharper, and structurally stronger,” said Steven Salz, the company’s co-founder and CEO. “We’ve rebuilt the foundation of the business around high-efficiency acquisition, high-value users, and a proprietary product – and we’re already seeing the impact.

Key KPIs in Q2 2025

Several key KPIs in Q2 2025 include a net revenue per player increase of 49% versus Q1 2025, while wagers per player rose 7% quarter over quarter.

Average monthly deposits per player in Q1 2025 were over 175% higher than the historical average, increasing further by 28% in Q2 2025.
Monthly deposit frequency per player in Q1 2025 was up 115% over the historical average, and was up another 22% in Q2 2025.

Conclusion

In conclusion, Rivalry Corp.’s new operating structure has led to significant cost savings and improved key performance indicators. With a focus on high-efficiency acquisition, high-value users, and proprietary products, the company is well-positioned for scalability and growth in the future.