Leaf Mobile Inc (TSE:EAGR) has released an update.
East Side Games Group (ESGG) reports a strong finish to 2023 with Q4 revenues hitting $20.6 million and full-year earnings of $87 million, alongside an adjusted EBITDA of $4.5 million for the quarter, marking a 22% margin and the company’s most profitable quarter to date. The results were bolstered by a strategic realignment in Q3, leading to increased profitability and cashflow. Looking ahead, ESGG is set to launch new games, including AEW: Rise to the Top and continues to innovate with its Matchkit framework, contributing to a diverse revenue stream across several live titles.
For further insights into TSE:EAGR stock, check out TipRanks’ Stock Analysis page.
