Record Sales in 2024 Significantly Exceeds Second Half EBITDA Target Salt Lake City, Utah, Feb. 18, 2025 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, announced today an update to its previously issued guidance targets. In November the Company announced it expected sales growth for 2024 to be between 9% and 13%; with second half 2024 EBITDA in a range between $1.1 million to $1.5 million. Based on TruGolf's unaudited fourth quarter results, the Company expects 2024 sales to be approximately $22.5 million, a new record and that second half 2024 EBITDA is expected to be in excess of $2.2 million, significantly more than the target range. Full

This new portable Launch Monitor by TruGolf is simple to use, compatible with PC and iOS Devices, and utilizes advanced high-speed camera technology to measure ball data inside and outdoors. Salt Lake City, Utah, Jan. 23, 2025 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, has announced that its highly anticipated portable Launch Monitor, LaunchBox, is now available in Canada. This camera-based system seamlessly integrates with TruGolf's industry leading Golf Software and Web Products. "LaunchBox offers tour level accuracy at a price that's attainable for every golfer," said TruGolf's Chief Revenue Officer, Doug Bybee. "Every golfer will ha

LOS ANGELES, CA / ACCESSWIRE / January 14, 2025 / Planet MicroCap, a global multimedia financial news, publishing and events company that focuses on delivering news, information, data and analytics for publicly traded microcap companies, today announced that the Winter 2024/2025 Issue of the Planet MicroCap Review Magazine is now available in digital format.Click here to read: Planet MicroCap Review Winter 2024/2025 Issue "On behalf of the entire Planet MicroCap Team we are pleased to announce the Winter 2024/2025 issue of the Planet MicroCap Review," said Robert Kraft, Planet MicroCap Host & CEO. "It's truly yeoman's work to distill all the different trends and themes that happened in 20

Salt Lake City, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, is excited to announce it has entered into a letter of intent to create a strategic collaboration with D3 Sports Tech, a pioneer in peer-to-peer skills-based wagering for sports. This collaboration will focus on innovations to enhance gameplay with more realistic and exciting experiences. By leveraging D3 Sports Tech's expertise in skills-based wagering and compliance, TruGolf intends to create more gamified experiences throughout its ecosystem for golf and multisport arcade games and franchises. The collaboration partnership will also elevate TruGolf's advanced

The latest software release integrates IBM's watsonx.AI and Machine Learning tools to enhance player feedback and supercharge virtual golf course content. Salt Lake City, Utah, Nov. 26, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, released its newest virtual golf software, E6 APEX. The software utilizes industry-leading AI and Machine Learning powered video game development tools to rapidly develop and modify golf course content. The new process allows TruGolf to create and publish content in minutes – a process that would previously have taken several weeks. "This release marks a huge opportunity for TruGolf to solidify its status as

Salt Lake City, Utah, Nov. 15, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, announced today its results for the third quarter of 2024. The Company reported strong third quarter sales of $6,236,795, an increase of 82 percent as compared to the third quarter of 2023. EPS for the third quarter of 2024 was $0.00. EBITDA for the third quarter of 2024 was $1.1 million, inclusive of $148,000 of franchising expenses and zero franchising revenues recognized. The gains were driven by enthusiastic market adoption of new hardware and software products launched earlier this year. "This strong third quarter growth is a direct result of the significan

Expects Strong Revenues Driven by Franchising and New Products Will Issue Q3 Results in First Half of November Salt Lake City, Utah, Oct. 22, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading provider of golf simulator software and hardware, announced today its financial outlook for the balance of 2024. The Company expects to report strong revenues for the second half of 2024 driven in part by new revenues from its franchising business, TruGolf Links, as well as by market adoption of new products launched earlier this year. Chief Executive Officer and Director Chris Jones said, "We have seen strong lift in interest, leads, and closes in Q2 and Q3 which has us exci

Iconic Golf Simulator Company Awards Local Entrepreneurs Opportunity to Develop 80 New Centers CHICAGO, Sept. 19, 2024 /PRNewswire/ -- TruGolf Links Franchising, LLC ("TruGolf"), owned by TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading provider of golf simulator software and hardware, announced today the signing of its second regional development deal. Led by experienced entrepreneurs Bob Early and Ron Rzansa, the deal spans the surrounding Chicago suburbs and into the northwest region of Indiana. The agreement includes the rights to open 80 locations, either owned or franchised, with plans to hit the markets aggressively and create close ties within local communities across the region.

Iconic Golf Simulator Company Now Franchising Grants Local Entrepreneur Opportunity to Develop 40 New Centers NEW JERSEY, N.J., July 30, 2024 /PRNewswire/ -- TruGolf Links Franchising, LLC ("TruGolf"), wholly owned by TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading provider of golf simulator software and hardware, announced today the signing of its first regional development deal. Signed with local Central New Jersey entrepreneur Nicholas "Nick" Reimondo, the deal spans from Bucks County, Pennsylvania, into Central and Northern New Jersey. The agreement includes the rights to open 40 locations, with plans to hit the markets aggressively and create close ties with communities across the regio

SALT LAKE CITY, June 26, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG) ("TruGolf"), a leading provider of golf simulation software and hardware, today announced a multi-year exclusive licensing partnership with Golf Blueprint. The agreement will make Golf Blueprint's patent-pending technology available to E6 APEX Subscribers. This exclusive partnership will give E6 APEX users access to Golf Blueprint's structured lesson plans that take the guesswork out practice and provide structured and measured plans inside of TruGolf's software. Golf Blueprint plans are built using the patent-pending Golf Blueprint Algorithm, which incorporates cutting-edge predictive analytics, learni

SC 13G - TruGolf Holdings, Inc. (0001857086) (Subject)

Salt Lake City, Utah, Nov. 15, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, announced today its results for the third quarter of 2024. The Company reported strong third quarter sales of $6,236,795, an increase of 82 percent as compared to the third quarter of 2023. EPS for the third quarter of 2024 was $0.00. EBITDA for the third quarter of 2024 was $1.1 million, inclusive of $148,000 of franchising expenses and zero franchising revenues recognized. The gains were driven by enthusiastic market adoption of new hardware and software products launched earlier this year. "This strong third quarter growth is a direct result of the significan

Salt Lake City, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, is excited to announce it has entered into a letter of intent to create a strategic collaboration with D3 Sports Tech, a pioneer in peer-to-peer skills-based wagering for sports. This collaboration will focus on innovations to enhance gameplay with more realistic and exciting experiences. By leveraging D3 Sports Tech's expertise in skills-based wagering and compliance, TruGolf intends to create more gamified experiences throughout its ecosystem for golf and multisport arcade games and franchises. The collaboration partnership will also elevate TruGolf's advanced

SALT LAKE CITY, May 14, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ:TRUG) ("TruGolf"), among the leading sellers and distributors of golf simulator software and hardware, is today announcing the appointment of Doug Bybee as Chief Revenue Officer. "With more than 30 years of experience in driving business strategy for golf equipment, technology and distribution, Doug brings a wealth of industry knowledge that will be extremely valuable as the off-course golf game continues its tremendous growth," said Chris Jones, CEO of TruGolf. "Doug is the perfect fit for TruGolf as we continue expanding our offerings and elevating the immersive golf experience. We are delighted to welcome h