Toronto-based theScore Inc has announced financial results for the three and six months ended February 28. Updating investors, the firm reported an increase in year-on-year revenue, adding that significant focus has been placed on product development and planning for its sportsbook, which is on-track for mid-2019 launch in New Jersey, subject to approval.

Revenue for the three months ended February 28, 2019 was $6.8m compared to $7.1m for the same period last year. Revenue for the six months ended February 28, 2019 was $16.3m versus $15.5m year-on-year.

“We made huge strides in Q2 and are on schedule to launch what we believe will be a best-in-class mobile sports betting experience in mid-2019,” said John Levy, Founder and CEO. “Our combination of sports media and sports betting will be a truly differentiated offering for the North American market, and we can’t wait to unveil it.”

He added: “While sports betting initiatives were naturally a big priority for us in Q2, we were also excited to set new records for engagement on our app, as well as a new quarterly record for our social reach, showcasing the power of our audience once again.”

theScore also set a new Q2 record for average monthly user sessions on theScore app. They totaled 395 million, with users opening it an average of 97 times a month each. Additionally, the company’s social content achieved a new quarterly record with an average monthly reach of approximately 95 million users in Q2, including a new single-month record of approximately 118 million users in January.

On the financial front, Levy confirmed that year-to-date revenue is also up, despite a slower Q2 from direct sales following a very strong Q1, and some industry-wide softness in the programmatic advertising space. “That said, we’re seeing very good early momentum in Q3, with strong sales in the quarter to date,” he noted.

Total video views of theScore esports content reached 39.3 million during the quarter, representing year-over-year growth of 93%. Total watch minutes for its esports YouTube channel were 260 million, up 190% year-on-year. YouTube channel subscribers surpassed 700,000 earlier this month.