ESE Entertainment Inc has issued a corporate update highlighting the achievements of 2021, and strategic plans for 2022.
Konrad Wasiela, ESE CEO said: "We have established new relationships with global companies, formal working relationships with tier-1 publishers, and surpassed many operational goals. In addition, our aggressive M&A strategy has proven itself, with ESE completing four acquisitions and announcing a fifth.
“Our team’s relentless work ethic, alongside a strategic business plan, yielded a successful 2021. We are now setting our sights on following up the tremendous 2021 with an even stronger year in 2022,” he added.
READ: ESE Entertainment teams up with NASCAR for second season of eNASCAR International iRacing Series
In the coming year, the Vancouver, British Columbia-based company said that it will evaluate a plan to expand its business offerings to the metaverse, which may be synergistic with its existing assets. It will also evaluate a plan to expand its business offering to include Igaming.
ESE said that it will continue to evaluate the gaming landscape and look to secure more global-scale contracts with large video game publishers. It will aim to implement new technologies and infrastructure which may be utilized in the company’s field of operation.
Moreover, the company plans to add more senior management and advisors, with a focus on operational expertise, while actively pursuing new acquisitions with a key focus on shareholder value.
Other goals for 2022 include improving financial performance and increasing margins; continuing to expand its physical presence globally; and implementing a growth business plan with a strong focus on the integration of acquisitions in order to maximize value and extract synergies.
Highlights of 2021 included:
- ESE completed four acquisitions: K1CK Esports in January 2021, WPG in April 2021, Auto Simulation Limited T/A Digital Motorsports in September 2021, and Frenzy sp. z.o.o. in November 2021.
- On December 1, 2021, ESE announced that it signed a definitive agreement to acquire 9327-7358 Quebec Inc. DBA GameAddik. The company creates and executes its performance model technology software to generate users and increase the reach of games for its customers, which are primarily video game developers.
- In September 2021, ESE released its financial results for the quarter ended July 31, 2021 with $4,234,984 quarterly revenue —over 400% increase over the prior quarter
- The company appointed Rick Brace, former president of Rogers, to the board of directors of ESE
- ESE appointed Hubert Habas, former Senior Team at ESL Gaming GmbH, as sales director
- The company launched esports and gaming operations including Announces Digital Motorsports Partnership with NASCAR for eNASCAR International iRacing Series; EA SPORTS FIFA Tournament.
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