Why Lottery.com Inc. (LTRY) Is Soaring This Year So Far

We recently compiled a list of the 10 Micro and Small-Cap Firms Drive Year-to-Date Gains. In this article, we are going to take a look at where Lottery.com Inc. (NASDAQ:LTRY) stands against the other micro and small-cap stocks.

Nine micro-cap companies and one small-cap firm have been the standout performers on the stock market year-to-date, having registered whopping gains between 200 to 1,200 percent since the start of the year.

The list was based on the firms’ share price data from the companies’ closing prices on December 31—the last trading day of 2024—to February 14, 2025.

We classify micro-cap companies as those with a market capitalization below $300 million, and small-cap firms as those with a market capitalization below $1 billion.

A close up of a laptop displaying detailed lottery results and winning numbers.

Lottery.com Inc. (NASDAQ:LTRY)

Lottery.com Inc. (NASDAQ:LTRY) saw its share prices skyrocket by 230 percent since the start of the year, as investor sentiment was boosted by news of its aggressive international expansion and partnerships with other companies to boost growth.

Lottery.com Inc. (NASDAQ:LTRY), with a current market capitalization of $19.3 million, announced significant business developments this month, including the launch of its international lottery operations in Europe, Africa, and other emerging markets, as it targets to meet the growing customer demand in the said regions.

Further boosting its expansion plan was its recent acquisition of an advanced lottery management system and gaming platform, as it aims to support multiple gaming applications, including lottery and sweepstakes. The purchase was part of the company’s plans to launch and generate revenue from international operations by March 31, 2025.

Lastly, Lottery.com Inc. (NASDAQ:LTRY), through its key brand Sports.com, entered into a multi-year partnership agreement with Soccerex to make the former the title sponsor for six global events including Soccerex 2025 for MENA, Europe, and USA to be held in Cairo, Amsterdam, and Miami, respectively.

Overall LTRY ranks 10th on our list of the top micro and small-cap firms this year so far. While we acknowledge the potential of LTRY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LTRY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article is originally published at Insider Monkey.