Added to YB: 2024-07-11
Pitch date: 2024-07-03
EAGR.TO [bullish]
East Side Games Group Inc.
-58.78%
current return
Author Info
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Company Info
East Side Games Group Inc., through its subsidiaries, develops, operates, and publishes free-to-play casual mobile games in Canada, the United States, and Europe.
Market Cap
CAD 28.1M
Pitch Price
CAD 0.74
Price Target
1.74 (+461%)
Dividend
N/A
EV/EBITDA
4.07
P/E
-5.22
EV/Sales
0.30
Sector
Entertainment
Category
value
East Side Games Group Inc. (TSX:EAGR) Pitch
EAGR.TO: Mobile game studio at <3x EBITDA, 5x FCF/earnings. Net cash, buybacks. Multiple new game launches (The Office, RuPaul's Drag Race) using proprietary GameKit. Q2 revenue growth expected. Risks: IP reliance, game fads. PT $1.74 (8x $0.20 EPS + $11M net cash). Catalysts: Q2 earnings, new game performance.
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