Sector: Consumer Cyclicals | Industry: Leisure & Recreation |
Company Contact | |
Address: | 41 Fraser Avenue TORONTO ON M6K 1Y7 |
Tel: | 1-416-9958651 |
Website: | https://overactivemedia.com |
IR: | See website |
Key People | ||
Adam Adamou Interim Chief Executive Officer | Rikesh Shah Chief Financial Officer | Jamie Firsten Director, Corporate Secretary |
Business Overview |
OverActive Media Corp. is a Canada-based company delivering sports, media and entertainment products. The Company is focused on esports, videogames, content creation and distribution, culture, and live and online events. Its business activities consist of owning and operating an integrated portfolio of esports teams, as well as audience engagement. Its Team Operations segment includes league share payouts in its various e-sports pro leagues and tournament prize winnings. Its Business Operations segment includes surrounding partnerships, team merchandise sales and live event sales. It operates in three segments: Canada, the United States of America and Europe. It owns team franchises in the Overwatch League, operating as the Toronto Defiant; the Call of Duty League, operating as the Toronto Ultra; the League of Legends EMEA Championship and VALORANT Games Changers, operating as the MAD Lions KOI; and Counterstrike 2, LVP Superlinga, Pokemon, and EA FC, operating as Movistar KOI. |
Financial Overview |
For the nine months ended 30 September 2023, Overactive Media Corp revenues increased 12% to C$11.5M. Net loss increased 71% to C$11.2M. Revenues reflect Business operations segment increase of 38% to C$6.2M, Team operations segment increase of 45% to C$5.3M, Canada segment increase of 37% to C$6.6M, Europe segment increase of 49% to C$4.9M. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $48.68M as of Sep 30, 2023 |
Annual revenue (TTM): | $15.41M as of Sep 30, 2023 |
EBITDA (TTM): | -$8.68M as of Sep 30, 2023 |
Net annual income (TTM): | -$41.57M as of Sep 30, 2023 |
Free cash flow (TTM): | -$4.94M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $19.45M as of Sep 30, 2023 |
Shares outstanding: | 80,316,210 as of Feb 12, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |