Solid Future Outlook + Quick Analysis Esports has seen some massive growth over the past decade and has only been accelerated by COVID. A company I've been watching for a while is $ESE entertainment. If you don't know about them, they're a company with interests/subsidiaries all over the esports market. From teams to infrastructure, they have it all. For example, one of their recently acquired companies, Digital Motorsports, partnered with Ford and built a rally simulator using a Ford Fiesta rally car as the base.
https://ca.finance.yahoo.com/news/digital-motorsports-ford-world-rally-134600006.html
I just watched an interesting analysis on $ESE (I’ll summarize some of the main points below): https://youtu.be/ESEdQRy_BrU
- Lots of liquidity and a small amount of current debt
- Important news: LOI to acquire Frenzy, a media and production infrastructure company. This will allow $ESE to take global scale projects and improve their relationship with Polsat. Good for growing the business in multiple markets.
- A decent P/S ratio when putting into account the growth that they've seen recently
- Huge insider ownership of 37%
- 2022 revenue should be around $6M-$10M per quarter (and total revenue of just about $32M, which gives a P/S ratio of 2)
$ESE‘s CEO is focused on rapid growth, and he's been proving that for the past few years. IMO, $ESE is extremely undervalued considering how they've been able to increase revenues naturally and through acquisitions over the past few years. A $100M market cap is not far away! GLTA!