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SportsHero Secures Key Telco Deal and $1M Loan to Boost Growth

7:03pm on Monday 2nd of June, 2025 AEST Telecommunications
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SportsHero Secures Key Telco Deal and $1M Loan to Boost Growth

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Signed 5-year agreement with Indosat Ooredoo Hutchison targeting 8.3 million Indonesian PC gamers
  • Initial revenue of A$33,000 received from digital advertising partnership on KitaGaruda platform
  • Secured $1 million unsecured loan facility from major shareholder to fund operations
  • Quarterly operating cash outflow of $386,000 with cash reserves at $84,000
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