VANCOUVER, B.C., CANADA (Nov 29th, 2017) – Friday Night Inc. (“Friday Night” or the “Company”) (CSE: TGIF) (FWB: 1QF) (OTC: VPGDF) announces audited year-end financials for the year ended July 31, 2017.
In the 4th quarter the Company rapidly transitioned from its Las Vegas acquisition on June 15th 2017, and recorded its first revenues. The Company recognized CAD $1,030,297 of revenue in the last 6 weeks of the 4th quarter, with gross profits of CAD $230,714. Friday Night is building on these initial results and looks forward to announcing its first quarterly financial results in mid-December 2017.
President and CEO, Brayden Sutton commented; “We are very pleased to report these revenues for our first 6 weeks of business as Friday Night Inc., thanks to the exceptional performance of the teams at AMA and Infused. We look forward to reporting our continued success and growth milestones to our shareholders.”
The financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR at www.sedar.com