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X1 Entertainment Group Inc. (C:XONE)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: 615-800 West Pender St
VANCOUVER BC V6C 2V6
Tel: N/A
Website: https://www.x1ent.com
IR: See website
Key People
Latika Prasad
Chief Executive Officer, Director
Samantha Shorter
Chief Financial Officer, Corporate Secretary
 
Business Overview
X1 Entertainment Group Inc. is a Canada-based gaming and entertainment company. The Company is engaged in the acquisition and development of e-sports teams and digital content creation. The Company owns and operates e-sports assets. It helps connect brands with Gen-Z and millennial audiences all over the world through a diverse portfolio of assets, which includes an Esports team, a talent management agency, and other integrated media assets.
Financial Overview
For the six months ended 29 February 2024, X1 Entertainment Group Inc revenues was not reported. Net loss before extraordinary items decreased 85% to C$320K. Lower net loss reflects Share-based compensation decrease from C$900K (expense) to C$0K, Impairment of domain name decrease from C$231K (expense) to C$0K, Technology marketing and web development decrease of 97% to C$5K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $5.97M as of Feb 29, 2024
Annual revenue (TTM): $0.00M as of Feb 29, 2024
EBITDA (TTM): -$0.46M as of Feb 29, 2024
Net annual income (TTM): -$0.47M as of Feb 29, 2024
Free cash flow (TTM): -$0.63M as of Feb 29, 2024
Net Debt Last Fiscal Year: $0.08M as of Feb 29, 2024
Shares outstanding: 16,658,358 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization