East Side Games Group Inc (OTCPK:EAGRF)

Q4 2024 East Side Games Group Inc Earnings Call Transcript

Mar 24, 2025 / 09:00 PM GMT

Release Date Price: $0.3042

Transcript

Key Points

Positve

East Side Games Group Inc (EAGRF) reported a strong financial performance with an adjusted EBITDA of $11.6 million on a total revenue of $83 million, reflecting a 14% margin.
The company achieved an 11% increase in average revenue per daily active user, reaching $1.01, highlighting the strength of its core portfolio.
East Side Games Group Inc (EAGRF) successfully diversified its revenue streams by introducing subscriptions, season passes, and new advertising placements, significantly boosting ad revenue.
The company has launched new games with strong IPs, such as RuPaul's Drag Race Match Queen, which is already showing excellent monetization, retention, and engagement metrics.
East Side Games Group Inc (EAGRF) has strengthened its leadership team with industry veterans, improving productivity and retention across the company.

Negative

Despite the positive financial performance, the company's reliance on a few key titles could pose a risk if these games do not perform as expected.
The company's strategy of focusing on quality over quantity may limit the number of new releases, potentially impacting short-term revenue growth.
The introduction of new revenue streams such as subscriptions and season passes may face challenges in user adoption and retention.
The company's expansion into new genres, like Match 3 games, involves risks associated with entering a competitive market with established players.
While the company has improved its cash position, the continuation of the NCIB program may limit available funds for other strategic investments.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EAGR.TO - East Side Games Group Inc
Q4 2024 East Side Games Group Inc Earnings Call
Mar 24, 2025 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello everyone and welcome to the East Side Games Group Q4 2024 Results go. I'm Jason Bailey, board chair and CEO of East Side Games Group. I would like to share with you today the highlights from the 4th quarter ended December 30, 2024, as well as some highlights of what we expect to happen in 2025. I'd like to remind you that certain statements made in this video are forward-looking within the meaning of the applicable securities laws. This call includes references to non-gap measures. He referred to our fourth order press release in MDMA for cautionary statements related to the forward-looking information. I'm going to pass it over to Jason Chan, our interim CFO for some financial highlights. Hi.

-----------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.