Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Good Gamer Entertainment Inc. (V:GOOD)

Business Focus: Internet Gaming

Sector:  Technology Industry:  Online Services
 
Company Contact
Address: Suite 1290 700 W Pender St.
VANCOUVER BC V6C 1G8
Tel: N/A
Website: N/A
IR: N/A
Key People
Charlo Barbosa
Chairman of the Board, Chief Executive Officer
Zara Kanji
Chief Financial Officer
 
Business Overview
Good Gamer Entertainment Inc. is a Canada-based company, which provides online play-to-earn game discovery and entertainment platforms. The Company segments include display advertisements, non-fungible tokens (NFTs), search monetization, chrome extensions, corporate and development, tournament management platform (TMP), PlayCash and Fantasy app. Its platform allows players to compete against other users for real prizes in casual mobile games. Its Tournament Management Platform matches players in head-to-head tournaments to compete in real-cash e-sports tournaments. The Company, through its subsidiary, Good Gamer Corp, is engaged in digital development contracts with the third party for multiple blockchain applications: Chosen Ones non-fungible tokens (NFTs), artwork, characters and a Play-to-Earn (P2E) NFT-based blockchain game. It builds concept arts to create NFTs, including a non-exclusive license to the Company's character generator, NFT minting engine and smart contract generator.
Financial Overview
For the nine months ended 31 December 2023, Good Gamer Entertainment Inc revenues increased from C$114K to C$245K. Net loss decreased 64% to C$481K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Share-based payments decrease of 84% to C$40K (expense), Operating expenses - Balancing value decrease of 84% to C$36K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.78M as of Dec 31, 2023
Annual revenue (TTM): $0.27M as of Dec 31, 2023
EBITDA (TTM): -$1.01M as of Dec 31, 2023
Net annual income (TTM): -$1.00M as of Dec 31, 2023
Free cash flow (TTM): -$0.63M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 42,582,756 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization