Topic: How To Invest

Q: Hi, Pat: May I please have your opinion of The Score Inc.? Regards.

Article Excerpt

A: The Score Inc., $0.20, symbol SCR on the TSX Venture Exchange (Shares outstanding: 295.5 million; Market cap: $56.2 million; www.thescore.com), delivers customizable sports news to fans through their mobile phones and computer desktops. It generates revenue through advertising on its apps and website. The Score’s digital products were part of the larger Score Media group until 2012. That’s when Rogers Communications (symbol RCI.B on Toronto) acquired that business’s sports broadcasting assets—the Score Television Network—for $167 million. As part of the transaction, the digital assets were transferred to a newly formed company, The Score. Since that time, it has focused on growing its mobile apps and website. In February 2015, The Score introduced a mobile app for eSports (video game competitions). That app aims to deliver breaking news from the world of eSports along with highlights and live streaming of video gaming competitions around the world. In December 2015, the company entered the business of daily fantasy sports with the launch of QuickDraft;…

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