East Side Games Group Inc · TSX:EAGR
East Side Games — Q4 2022 Earnings Presentation
9 slides from East Side Games's earnings presentation, Mar 31, 2023
Slide 1: Leaders in Free to Play Mobile Games - Analyst Call Q4 2022
LEADERS IN FREE TO PLAY MOBILE GAMES TSX: EAGR OTCQB: EAGRF ANALYST CALL – Q4 2022 March 31, 2023
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains general background information about EastSide Games Group (the “Company”) in summary form, and does not purport to be complete. It is confidential, not for distribution to the public, for information purposes only, and may not be reproduced or di
Slide 3: Executive Summary
EXECUTIVE Summary Q4 REVENUE End of Q4 Cash $25.9M $5.7M ● 25% YEAR OVER YEAR REVENUE -9% YoY GROWTH YTD 2022 YTD adjEBITDA ● LAUNCHED STAR TREK, MILK FARM $116.3 $7.5M TYCOON AND DOCTOR WHO +25% YOY ● REDUCED COSTS IN Q4 TO RETURN TO PROFITABILITY Cash from Ops YTD End of Q4 Debt ● IP DEALS SIGNED
Slide 4: ESGG Q4 Operating Metrics
ESGG Q4 Operating Metrics DAU -7% MAU -12% Increasing vs Q3 22’ ARDPAU 4 DAU, MAU and ARPDAU - Refer to definitions on Non-GAAP measures in MD&A.
Slide 5: Game Kit Mission
GAME KIT MISSION We enable CREATORS to SUCCESSFULLY deliver memorable MOBILE GAMING experiences that engage players EVERY DAY.
Slide 6: 2022 Financial Highlights
2022 Financial Highlights CAD (Millions) 2022 2021 25% ∆ REVENUE $116.3 $93.2 25% Annual revenue growth of 25% and Gaming 86.8 69.7 25% generated Adjusted EBITDA of $7.5 Advertising 29.5 23.5 9% YOY million COST OF SALES 43.8 32.5 35% GROWTH GROSS PROFIT $72.5 $60.7 19% Gross Margin % 62% 65% NET IN
Slide 7: Summary
SUMMARY Shifting focus from hyper growth to focus on profitability and cash generation • GROWTH reduction in the number of games to be launched in 2023. Tighter focus on large IP driven games. • RIGHT SIZE TEAM Continue to right size the team in light of slower growth expectations. • ADDING GAME KIT
Slide 8: Q&A Analyst
Q&A ANALYST
Slide 9: Contact Us - Investor Relations
LEADERS IN FREE TO PLAY MOBILE GAMES TSX: EAGR OTCQB: EAGRF Contact Us Investor Relations Follow @esggroupinc on info@eastsidegamesgroup.com IR@eastsidegamesgroup.com www.eastsidegamesgroup.com
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