Overview
ESE Entertainment Q3 revenue up 109% qtr/qtr to C$3.7 mln
Gross profit more than doubled; margin improved to 14.1%
Positive adjusted EBITDA of C$35,000, reversing prior loss
Outlook
Bombee expects continued momentum into the next quarter
Company sees growth opportunities in gaming, sports, and entertainment
Result Drivers
STRATEGIC PARTNERSHIPS - Co attributes revenue growth to partnerships with WBC Boxing, Red Bull & Bell Media, Call of Duty League Championships, and Miami F1 Festival
GROSS PROFIT INCREASE - Gross profit more than doubled, with margin improvement to 14.1%, driven by high-profile event execution
POSITIVE EBITDA - Adjusted EBITDA turned positive at C$35,000, reversing a prior loss, supported by strong operational performance
Key Details
Press Release: ID:nACS6vjDla
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)