$ESE announces new acquisition of GameAddik, a gaming tech company with $24m in revenue. On top of the major client list they are acquiring, ESE was able to negotiate very beneficial terms on the acquisition including a clause to meet revenue milestones. CEO Konrad Wasiela stressed how good the deal is for shareholders especially with no dilution.
Last quarter run rate was $17m not including acquisitions of Frenzy and Digital Motorsports, market share continues to grow and the VALORANT tournament has seemed to be a success. The opportunity to enter iGaming also presents itself now after recent acquisition. Multiple options for an already growing esports company $ESE.V