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ESE Entertainment Inc. (V:ESE)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: #1000, 409 Granville Street
Vancouver BC V6C 1T2
Tel: N/A
Website: https://esegaming.com
IR: See website
Key People
Konrad Wasiela
Chief Executive Officer, Director
Andrea Lieuwen Hayward
Chief Financial Officer
 
Business Overview
ESE Entertainment Inc. is a Canada-based gaming and e-sports company, which provides a range of services to video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. It also operates its own ecommerce channels, esports teams, and gaming leagues. The Company operates in three segments: Digital media and entertainment; Telecommunications and call center services, and Advanced simulation racing infrastructure, technology, and support. It also has a portfolio of intellectual property related to racing simulator solutions, components, and is developing cloud-based racing services. It owns and operates multiple assets across the gaming and esports sectors. Its assets include K1CK, WPG, Digital Motorsports, Frenzy and GameAddik. GameAddik is focused on developing technology and data to bring new players to its customers, who are video game developers and publishers. It also offers blockchain and Web3 gaming solution.
Financial Overview
For the three months ended 31 January 2024, ESE Entertainment Inc revenues decreased 28% to C$3.9M. Net loss before extraordinary items decreased 55% to C$1.1M. Revenues reflect Digital media and Entertainment segment decrease of 94% to C$448K, Telecommunications and call center services segment decrease of 26% to C$3.4M, United States segment decrease of 51% to C$1.8M, Other segment decrease of 73% to C$663K.
Employees: 70 as of Oct 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $10.09M as of Jan 31, 2024
Annual revenue (TTM): $17.60M as of Jan 31, 2024
EBITDA (TTM): -$7.27M as of Jan 31, 2024
Net annual income (TTM): -$6.52M as of Jan 31, 2024
Free cash flow (TTM): -$2.68M as of Jan 31, 2024
Net Debt Last Fiscal Year: $1.82M as of Jan 31, 2024
Shares outstanding: 81,052,663 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization