East Side Games Group Inc (FRA:BL1)
€ 0.048 (0%) Market Cap: 5.21 Mil Enterprise Value: 9.28 Mil PE Ratio: 0 PB Ratio: 0.25 GF Score: 0/100

Q1 2025 East Side Games Group Inc Earnings Call Transcript

May 13, 2025 / 09:00 PM GMT
Release Date Price: €0.238 (+13.33%)

Key Points

Positve
  • East Side Games Group Inc (EAGRF) reported an adjusted EBITDA of $2 million on a top line revenue of $18.5 billion, maintaining profitability and margins despite seasonal declines.
  • The company has a strong core portfolio of games with an overall margin of over 16%, ensuring it remains cash flow positive.
  • The new game, RuPaul's Drag Race Match Queen, has been successful in its soft launch, showing strong player engagement and revenue growth.
  • The company is actively buying back shares, with 3.9 million shares in Treasury, indicating confidence in its financial health.
  • New board members with extensive experience in capital markets and investment bring valuable expertise to East Side Games Group Inc (EAGRF).
Negative
  • The company experienced a softer quarter with seasonal declines in revenue and spend.
  • Average revenue per daily active user was relatively low at $0.99, indicating potential challenges in monetizing the user base.
  • Despite strong marketing efforts, the success of new game launches remains uncertain until full market release.
  • The company faces the challenge of maintaining momentum and engagement post-launch for new games.
  • There is a reliance on non-GAAP measures, which may not provide a complete picture of the company's financial health.


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

EAGR.TO - East Side Games Group Inc
Q1 2025 East Side Games Group Inc Earnings Call
May 13, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Welcome everybody to the East Side Games Group Q1 2025 results video. I'm Jason Bailey, board chair and CEO of East Side Games Group. Today, we will be sharing highlights from the first quarter and March 31st, 2025. I'd like to remind you that certain statements made in this video are forward-looking within the meanings of applicable securities laws. This call includes references to non-gap measures, and please refer to our 4th quarter press release and MDNA for cautionary statements relating to forward-looking information and reconciliations of non-gap measures to GAAP results. References to all figures are in CAD on an IFRS basis unless otherwise noted. Additional materials can be found in the investor section of our
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