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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 three months ended 31 March 2024, Overactive Media Corp revenues increased from C$1.6M to C$3.7M. Net loss decreased 23% to C$4.4M. Revenues reflect Team operations segment increase from C$338K to C$1.9M, Business operations segment increase of 34% to C$1.7M, Europe segment increase from C$600K to C$2.5M, Canada segment increase of 13% to C$1.1M.
Reporting Currency: Canadian Dollars
Enterprise value: $40.58M as of Mar 31, 2024
Annual revenue (TTM): $17.75M as of Mar 31, 2024
EBITDA (TTM): -$4.51M as of Mar 31, 2024
Net annual income (TTM): -$11.18M as of Mar 31, 2024
Free cash flow (TTM): -$7.58M as of Mar 31, 2024
Net Debt Last Fiscal Year: $15.76M as of Mar 31, 2024
Shares outstanding: 125,316,210 as of Apr 17, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization