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Bullboard - Stock Discussion Forum ESE Entertainment Inc V.ESE

Alternate Symbol(s):  ENTEF

ESE Entertainment Inc. is a Canada-based global technology company focused on gaming and esports. The Company 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 e-commerce channels, esports teams, and gaming leagues. It operates through the digital media and... see more

TSXV:ESE - Post Discussion

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Post by yopmemama021 on Jul 26, 2021 4:42pm

ESE.V

ESE up 3.3% today @ $1.24 , market cap $71.54 M following last weeks corporate update. Was really stoked to get a refresh on financial performance and acquisitions  from CEO Konrad Wasiela.

 

A few Highlights: 

 

  • $716,293 quarterly revenue with over 350% increase over the prior quarter 
    • (only include results of the WPG Acquisition from the closing date until the end of the quarter - In future periods, they’ll be able to reflect the combined operations for the full period in consolidated financial statements)

 

 

  • Total assets of $6,087,941, compared to $842,093 in the year prior (2020);

 

 

  • Completion of bought deal financing for gross proceeds of $8,629,600

 

  • To date, ESE has completed two acquisitions: K1CK in January 2021, and WPG in April 2021

 

  • currently working towards completing the potential transaction with award-winning and leading simulation racing organization , Digital Motorsports. ESE is excited to work closely with DMS to execute a strategic growth strategy

 

full update 

https://finance.yahoo.com/news/ese-entertainment-provides-corporate-130000965.html

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