TSXV:YDX.H - Post by User
Comment by
BigDohCADon Aug 25, 2020 8:54am
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Post# 31449194
RE:RE:The value is there
RE:RE:The value is thereThe company has many deals, including a recent partnership with ComicCon across 17 countries to create an international esports cup. That could drive millions in sponsorship dollars and provide huge dealflow and leadflow for other YDX product and services. YDX would also be able to leverage their expertise in creating solid and unique experiences. In terms of Disney, not sure exactly what the format of the deal looks like but VR is the future and once they can get the product rolling, you may be seeing it in a mall or some other entertainment node in a place near you.
Re financials, I can't argue with historical margins being quite low. Looks like Brazil ops have been carrying them through but likely most of the losses and high opex is due to them being public and growing out the other components of the business. Their esports strategy will likely take 1-2 yrs to realize real monetization but I believe they are positioned well. Like other businesses, they had some ups and downs and coivd has likely stalled projects but in 2021, I think this company could be a real winner.