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OverActive Media Corp. (V:OAM)

Business Focus: Leisure & Recreation (NEC)

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