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EAST SIDE GAMES GROUP ANNOUNCES FIRST QUARTER 2026 RESULTS
EAST SIDE GAMES GROUP ANNOUNCES FIRST QUARTER 2026 RESULTS Canada NewsWire VANCOUV...
About this update from East Side Games Group Inc
[{"type":"text","content":"\n\n\nEAST SIDE GAMES GROUP ANNOUNCES FIRST QUARTER 2026 RESULTS\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nVANCOUVER, BC, May 14, 2026 /CNW/ - East Side Games Group (TSX: EAGR) (OTC: EAGRF) (\"ESGG\" or the \"Company\"), today reported its financial results for the first quarter ended March 31, 2026.\n\n\n\n\n\n\n\nFirst Quarter 2026 Financial Highlights:Revenue of $12.5M  (down 32% YoY)A-EBITDA of $1.7M (down 11.3% YoY)A-EBITDA Margin of 14% (up 32% YoY)DAU (Daily Active Users): 145,581 (down 30.5% YoY)ARPDAU (Average Revenue Per Daily Active User): $0.95 (down 3.4% YoY)DAU/MAU (stickiness rate): 28.1% (Up 14.7% YoY)First Quarter 2026 Commentary:First quarter 2026 was focused on A-EBITDA improvement and disciplined cash management.  A-EBITDA was $1.74M, up $1.44M from Q4 2025. As part of ESGG's continued focus on profitability, cash preservation, and more efficient marketing investment, the Company significantly reduced User Acquisition spend during the quarter. ESGG invested $2.3M compared to $5.9M in Q4 2025 and $5.5M in the prior year period. ESGG is now targeting a 30-day return on ad spend, allowing us to acquire the most profitable cohorts while preserving cash and improving overall efficiency.Other highlights from Q1 include transitioning RuPaul's Drag Race Superstar to the company's internal Live Ops team. This move is expected to increase operational efficiency while bringing additional resources and expertise to the game through the team's extensive experience managing the company's portfolio of idle games.ESGG also maintained a strong focus on cash generation and debt repayment, with the goal of eliminating bank debt by the end of 2026.Corporate Update & Strategy: In Q1, ESGG launched Trailer Park Boys Match, which is already showing encouraging early numbers with paid cohorts hitting above 40% D1 retention and ARPDAU averaging roughly $0.60.  The title builds on the success of Trailer Park Boys: Greasy Money, one of ESGG's most successful and enduring IP-driven games. Since launch, Trailer Park Boys: Greasy ...