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Xsport Global, Inc.  (TLLT)
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Xsport Global Inc's

Competitiveness


 

TLLT Sales vs. its Competitors Q2 2019



Comparing the current results to its competitors, Xsport Global Inc reported Revenue increase in the 2 quarter 2019 by 0 % year on year.
The revenue growth was below Xsport Global Inc's competitors' average revenue growth of 0.16 %, achieved in the same quarter.

List of TLLT Competitors





Revenue Growth Comparisons




Net Income Comparison


Xsport Global, Inc. recorded a net loss, as well as most of its competitors.

<<  TLLT Stock Performance Comparisons


Xsport Global Inc's Comment on Competitors and Industry Peers


There are several companies that have developed cognitive training platforms and deliver their solutions via the web and/or through mobile apps. Management believes that these early participants have educated consumers on the value proposition of cognitive training generally and have helped to pave the way for a differentiated solution from the Company. Management believes there are several key differentiators to the Product as compared to other cognitive training programs.


The Product was developed with sports themes and is targeted primarily at the youth sports market, including youth ages 8-18, high sports interest ages 12-29, as well as adults. We believe that competitive, accomplished athletes in these demographics will embrace the possibility of enhancing their cognitive performance skills to get an extra edge on the competition.

The Company has incorporated an audio interference/distraction component replicating life-like sporting event distractions and created a “playing” environment that features additional complicating elements to the training.

The Company will leverage its existing and future endorsement contracts with professional athletes and celebrities to market the product through existing social media channels. We believe this will be one of the most cost effective ways to reach its intended audience but it will not be the only traction channel.

In addition to the social marketing strategies, the youth sports market will also be addressed through sports camps and dedicated sports organizations. However, the Company will need to have the necessary cash in order to activate such youth sports channels.

While it’s unclear to the overall patentability of our technology, we will continue to evaluate our overall intellectual property protection and proceed with viable protection opportunities in the future. There can be no assurances that a final utility patent will be secured, and we are cognizant of the value of protecting key business model differentiators and intends to continue to pursue protection of our intellectual property.