Business
East Side Games Group Reports Record Fourth Quarter and Full Year 2021 Financial Results
East Side Games Group Reports Record Fourth Quarter and Full Year 2021 Financial Results ...
About this update from East Side Games Group Inc
[{"type":"text","content":"\n \n \n \n East Side Games Group Reports Record Fourth Quarter and Full Year 2021 Financial Results\n \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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnbcc{\nBORDER-TOP-COLOR:; BORDER-COLLAPSE: COLLAPSE; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; BORDER-RIGHT-COLOR:\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Record full year revenue of\n \n $93.2M\n \n growing by 37% vs full year 2020\n \n \n \n Record Q4 revenue of\n \n $28.6M\n \n increased by 49% vs same period last year\n \n \n \n Record Q4 player audience\n \n \n \n Annual adjusted EBITDA of\n \n $7.4M\n \n \n \n \n \n The Office: Somehow We Manage\n \n \n \n achieves Top 10 Most Downloaded Games Ranking in the US on iOS*\n \n \n \n All figures are as reported under IFRS\n \n \n \n *Source: Data Ai\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 10, 2022\n \n /CNW/ - East Side Games Group (TSX: EAGR) (OTC: EAGRF) (\"\n \n ESGG\n \n \" or the \"\n \n Company\n \n \"),\n \n Canada's\n \n leading free-to-play mobile game group, today announced financial results for the fourth quarter and full year ended\n \n December 31, 2021\n \n . All amounts are stated in Canadian dollars on an as reported basis under IFRS unless otherwise indicated.\n \n \n \n \n \n \n \n \n \n \"This was a monumental year for ESGG and we capped it off with significant growth in Q4, achieving record quarterly revenue, annual revenue and record user numbers, in addition to launching our first 'Super Marquee' title,\n \n RuPaul's Drag Race Superstar\n \n . The marketing landscape continued to improve in the fourth quarter, we have adapted well to Apple's IDFA changes and have been successful in our marketing campaigns with increased disciplined investing in user acquisition towards the end of the year linked to new launches and sustained returns. This contributed to an extremely successful launch of\n \n RuPaul's Drag Race Superstar\n \n which, ...