Vertiqal Studios Outperforms Q1-Q3 OTT Revenue Projections

TORONTO, ON / ACCESSWIRE / October 23, 2023 / Vertiqal Studios Corp. (TSX:VRTS)(OTCQB:GAMGF)(FRA:P93) (the "Company" or "Vertiqal"), a leading digital media, entertainment, production, and distribution company, is pleased to report consistent growth in monthly recurring revenues derived from Over The Top (OTT) shows throughout the first three quarters of 2023.

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	USD	CAD	Performance Above Forecast %
Q1	$456,783.71	$621,629.91	13%
Q2	$700,054.58	$942,377.35	40%
Q3[1]	$726,246.71	$ 979,170.78	7.5%
Totals	$ 1,883,085	$ 2,543,178.04

*With all the current costs accounted for, the OTT gross margin stands at approximately 83.61%. It is important to note that this figure is based on unreviewed Q3 financials, which are still in process.

Vertiqal Studios is dedicated to delivering diverse content on its OTT channels. The company currently offers over 50 engaging shows, and there are plans to expand this portfolio with more than 40 more. This expansion aligns seamlessly with the company's growth in viewership, showcasing its commitment to providing compelling content spanning various topics.