B2Digital Reports 126% Q/Q Topline Growth, Projects Current Quarter Acceleration, Major Expansion in Fitness Facility Strategy
Tampa, FL – ( NewMediaWire ) – December 03, 2020 – B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is excited to update shareholders on the Company’s outlook and the accelerating organic and strategic growth underway in its Gym segment, as well as its performance related to this strategy during the three months ended September 30, 2020, and its expectations for related performance during the current quarter ending December 31, 2020, and beyond.
Note that projections and guidance outlined below assume an absence of further regulatory lockdowns related to Covid-19 as well as the widespread distribution of a safe and effective vaccine during 2021.
“Based on the strategy we have in place – and the assumption that we don’t see major new pandemic-related shutdowns that impact the business – we are targeting $4-5 million on the topline over the rolling forward next twelve months,” commented Greg P. Bell, CEO of B2Digital. “This is based on the growth we are seeing now and the continued successful implementation of the company’s roll-up strategy in our Fitness Facility segment, which is the real breadwinner in our broad vision. We are already on pace to more than double the topline on a sequential quarterly basis into year-end.”
During the three months ended September 30, 2020, B2Digital saw a 76% jump in Gym revenues on a sequential quarterly basis. In addition, the Company increased overall revenues across segments totaling topline growth on a sequential quarterly basis during the quarter of 126%. Management also notes that, based on performance thus far and an assumption of no new pandemic-related shutdowns relevant to its current fitness facility operations, it projects a pace to achieve double the top line revenue in Q3 compared to Q2 of this year for the three months ending December 31, 2020.
In addition, the Company plans to continue its roll-up strategy in the fitness facility market over the coming twelve months. The Company’s objective is to acquire one to two new gym facilities every quarter with our goal to increase these acquisitions as the spread of Covid-19 decreases nationally. Thus far, each acquisition the Company makes in the fitness facility space is believed to represent at least $400K per year in rolling forward next twelve-month revenues based on past historical performance.
At this pace, given current metrics and assumptions, including no major return of mandated pandemic-related shutdowns relevant to its current fitness facilities, the Fitness Facility segment could achieve just shy of $4 million in revenues over the rolling forward next twelve months if the company’s acquisition objectives are executed as planned. Paired with a conservative assumption of $75K – $100K in monthly revenues from its live MMA events, encompassing 3 planned fights a month at current revenue achievement rates per fight, the Company believes it has the potential to achieve total revenues of at least $4 to $5 million over the rolling forward twelve months.
“Each acquisition we make in the Fitness Facility space is
Smart Fitness Device Market Research Expansion (2020-2029) Including COVID-19 Pandemic Business Impact | Apple Inc., Xiaomi
The MarketWatch News Department was not involved in the creation of this content.
Nov 20, 2020 (WiredRelease via Comtex) —
A consciously conceived and designed business intelligence report titled Global Smart Fitness Device market 2020 by Manufacturers, Type, and Application, Forecast to 2029 by MarketResearch.biz discloses a succinct analysis of the regional spectrum, market size, and revenue forecast about the market. This report sheds light on the vital developments along with other events happening in the global Smart Fitness Device market which is marking on the enlargement and opening doors for outlook growth in the coming years.
This is the latest report, covering the current COVID-19/Corona Virus pandemic impact on the market which has affected every aspect of life globally. This has brought along several changes in market conditions and the Business areas. The rapidly changing market scenario and initial and future assessment of the impact are covered in the Smart Fitness Device market report.
For All-Inclusive Information: Download a FREE sample copy of Smart Fitness Device Market Report Study 2020-2029 at https://marketresearch.biz/report/smart-fitness-device-market/request-sample
(Our FREE SAMPLE COPY of the report gives a brief introduction to the research report outlook, list of tables and figures, Impact Analysis of COVID-19, TOC, an outlook to key players of the market and comprising key regions.)
The major companies are exceedingly focused on innovation in Smart Fitness Device production technology to enhance ledge life and efficiency. The best long-term development path for Smart Fitness Device market can be caught by guaranteeing financial pliancy to invest in the optimal strategies and current process improvement.
Key manufacturers are included based on the company profile, sales data and product specifications, etc: Apple Inc., Xiaomi, Garmin Ltd, Jawbone, LG Electronics, Samsung Electronics Co., Ltd, Sony Mobile Communications Inc., MAD Apparel, Inc., Sony Corporation, Nike Inc.
Each manufacturer or Smart Fitness Device market player’s growth rate, gross profit margin, and revenue figures is provided in a tabular, simple format for few years and an individual section on Smart Fitness Device market recent development such as collaboration, mergers, acquisition, and any new service or new product launching in the market is offered.
Smart Fitness Device Market Segmentation Outlook By product, type, and region:
Global smart fitness device market segmentation by product:
Global smart fitness device market segmentation by type:
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Regional Analysis:On the idea of geography, the Smart Fitness Device Market report covers statistics for a couple of geographies inclusive of, North America (U.S., Mexico, Canada) South America (Argentina, Brazil) The Middle East & Africa (South Africa, Saudi Arabia) Asia-Pacific (China, Japan, India, Southeast Asia) Europe (U.K., Spain, Italy, Germany, France, Russia)
In addition, The following years considered for this study to forecast the global Smart Fitness Device market size are as follows:
– Actual Year: 2019
– Estimated Year: 2020
– Forecast Year: 2020–2029
Three New State-of-the-Art Pharmaceutical Blending Suites Are Ready for New Products
Aphena Pharma Solutions Inc. announces the completion of its $7 million facility expansion and renovation in Easton, Maryland. The newly renovated, 30,000-square-foot facility and three large, high-end blending suites are open for new pharmaceutical business. Aphena’s Maryland campus supports liquids, creams, gels and suspensions.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201028005215/en/
An artist’s rendering of Aphena’s fully renovated Easton, Maryland, facility (Photo: Business Wire)
While two new blending suites were originally planned, the company expanded that number to three. Housed in those three suites are two brand-new Feldmeier 1,000-gallon mixing tanks and a sister 100-gallon tank, which offer center agitation mixing and dual alternate directional side sweeps for scale-up and registration batches. In addition, the tanks are jacketed for heat and chilling and are pressurized for powder mixing.
“Adding these tanks and new capabilities will allow Aphena to increase capacity levels and handle 90% of the liquid-based pharmaceutical products on the market today,” said Eric Allen, Aphena’s EVP of Sales. “The smaller 100-gallon tank is 1/10 scale, making submission batches easy to scale per FDA guidelines.”
“The recent expansions at our Maryland and Tennessee facilities position Aphena to support significant future growth,” said Aphena CEO Shawn Reilley. “We are committed to investing aggressively as needed to ensure that Aphena remains an industry leader in terms of innovation and turnaround time.”
Aphena Pharma Solutions is an industry-leading organization providing contract manufacturing and packaging services for the biologics, pharmaceutical, consumer health and medical device markets. With two separate FDA- and DEA-registered locations in the U.S., Aphena handles solid dose, liquids, gels, creams, ointments, foams, suspensions and lotion-based products.
For more information about Aphena, visit www.AphenaPharma.com or call (931) 372-2041.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201028005215/en/
Aphena Pharma Solutions Inc.
Eric Allen, 1-866-465-4506
LOS ANGELES, CA — As Los Angeles launches a rapid coronavirus testing program, the county approved more business reopenings Friday and continued to report high numbers of new cases — the result of a testing backlog that lead to days of underreporting.
In upcoming weeks, Los Angeles officials hope to have a new weapon in the region’s testing arsonal. Officials hope the use of widespread tests will lead to safer reopenings.
Los Angeles County announced 2,773 new COVID-19 cases Friday, along with 23 more deaths.
The county had reported unusually low daily case numbers earlier this week due to the unspecified technical problems. The issues began to resolve Thursday, when the county announced 3,600 new cases, the largest number since a surge that occurred after the Fourth of July holiday. County officials noted that about 2,000 of the cases reported Thursday were a result of the backlog.
Authorities warned residents to expect more backlogged test results to cause higher numbers of new cases reported in upcoming days.
The 2,773 cases announced by the county, along with 84 reported by Long Beach health officials and 25 by Pasadena, lifted the countywide cumulative total from throughout the pandemic to 296,930.The county also announced 23 coronavirus-related deaths on Friday, raising the death toll to 6,974.
A total of 769 people were hospitalized in the county due to the virus as of Friday, down from 777 on Thursday but up from 758 on Wednesday, 730 on Tuesday, 722 on Monday and 752 on Sunday. Hospitalizations have remained below the 800 mark for several weeks, following post-July Fourth surges that saw more than 2,000 daily hospital cases.
The county on Friday also confirmed two new cases of a rare, coronavirus-related pediatric condition, known as multisystem inflammatory syndrome in children. The two new cases lifted the countywide total to 43, all of whom required hospitalization and half of whom were admitted to intensive care units. There have not been any deaths in the county due to MIS-C.
Two months after Los Angeles Mayor Eric Garcetti announced a coordinated effort to establish wide-scale use of rapid, at-home COVID-19 tests, local health officials are poised to announce details of a pilot program next week that will employ an FDA-approved test and assess the feasibility of its widespread use.
“There’s a lot of work that goes into developing plans and implementing these sorts of studies, and we are very excited about the partnership with the city of L.A. and USC that we have made considerable progress over the last two months,” Dr. Paul Simon, chief science officer for the county Department of Public Health, told reporters in an online briefing Thursday.
“We will be having a press event next week to share an update on where we’re at and hope to begin implementing at least the first phase of these studies very quickly,” he said.
Garcetti announced in August a collaboration with nationwide medical experts, bioscience firms and government leaders in an effort to develop rapid, low-cost
The global sports nutrition market size is poised to grow by USD 8.74 billion during 2020-2024, progressing at a CAGR of almost 8% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201023005149/en/
Technavio has announced its latest market research report titled Global Sports Nutrition Market 2020-2024 (Graphic: Business Wire)
The sports nutrition market is driven by the expansion of distribution channels. The increase in demand for sports nutrition products has expanded their distribution channels. These products are one of the largest and fastest-growing categories in both retail and online channels. Products are distributed through numerous retail channels, such as large retail and mass merchandisers, supermarkets, hypermarkets, small retail stores, drug and specialty stores, fitness institutions, and various online retailers. Marketing strategies of various retail stores, which are stressing toward pushing quality ingredients and certifications including ELISA testing, gluten-free, or third-party banned substance testing certificates, are fueling the sales of sports supplements in the global market. The online distribution channels of the global sports nutrition market are expected to grow at a rapid pace, and the market will grow swiftly during the forecast period.
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The major sports nutrition market growth came from the non-protein sports nutrition segment in 2019, and is expected to register the highest growth during the forecast period.
North America was the largest sports nutrition market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the growing demand for sports nutrition products, inclination toward healthy eating and RTD, the growing number of health clubs, and the rising demand for meal-replacement powders.
The global sports nutrition market is fragmented. Abbott Laboratories, Clif Bar & Co., Glanbia Plc, Klean Athlete, Momentous, MusclePharm Corp., NOW Health Group Inc., PepsiCo Inc., Pro Action srl, and Weider Global Nutrition. are some of the major market participants. To help clients improve their market position, this sports nutrition market forecast report provides a detailed analysis of the market leaders.
As the business impact of COVID-19 spreads, the global sports nutrition market 2020-2024 is expected to have positive growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.
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Increasing use of innovative ingredients will be a Key Market Trend
The increasing use of innovative ingredients is identified as