Lottery.com (LTRY) Reports Q1 Revenue of $21.2M, Net Loss of $15.8M

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Lottery.com Announces Strong First Quarter Results

May 16, 2022 6:30 AM EDT

First quarter 2022 revenue of $21.2 million, up $15.7 million from the prior-year period

First quarter 2022 gross profit of $18.0 million, up $15.5 million from the prior-year period

First quarter 2022 net loss of $15.8 million, Adjusted EBITDA of $7.7 million1

AUSTIN, Texas, May 16, 2022 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (Lottery.com or the Company), a leading technology company that is transforming how, where and when the lottery is played, reported financial results for the first quarter ended March 31, 2022.

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