Alliance MMA was back in the news yesterday for the contents of a seemingly strange August press release relating to its 2017 second quarter financial performance.
As noted in my piece at Forbes — which has full details on the puzzling release and their response attempting to clarify the situation — Alliance released some confusing numbers on their second quarter financial results:
According to CFO John Price, the second quarter “resulted in a 43% operating margin, a 14% increase over the first quarter of this year. The positive trend of these key financial performance metrics…is highly encouraging as we proceed in executing our business plan in a methodical, expeditious manner.