05:14:47 EDT Wed 01 May 2024
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ESE Entertainment Inc
Symbol ESE
Shares Issued 81,052,663
Close 2024-04-08 C$ 0.115
Market Cap C$ 9,321,056
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ESE Entertainment reviews Q1 2024, talks year plans

2024-04-09 13:54 ET - News Release

Mr. Konrad Wasiela reports

ESE ENTERTAINMENT CEO PROVIDES CORPORATE UPDATE

ESE Entertainment Inc. has provided corporate update detailing our strategic direction and achievements for the year ahead.

Strategic Highlights and Future Objectives:

Asset Performance: Total combined Q1 2024 Revenue of $11.93 million (including Gameaddik discontinued operations) comprised of ESE at $3.89 million and Gameaddik at $8.04 million

Client Expansion: Successfully expanded our client base, enhancing our opportunity pipeline while also securing recommitments from previous clients, demonstrating enduring value and service excellence.

Tier-1 Sponsorships and Partnerships: ESE is in the process of securing and developing key sponsorships and partnerships, aiming to not only expand our market presence but also solidify our leadership in the global gaming and entertainment arenas.

Expanded Crypto Ventures: Engaging with MetaPro in the crypto space, ESE is set to leverage its industry expertise to explore new frontiers and enhance its business relationships within the sector.

Focus on Profitability: ESE had improvements in bottom line in Q1 2024 compared to Q1 2023, and plans to continue its focus on profit and overall margin improvement.

Konrad Wasiela, CEO of ESE Entertainment, shared, "This year, we've witnessed our strategic holding Gameaddik reaffirming its value through strong financial performance. Achieving record-breaking numbers and securing new client relationships, ESE continues to focus on its growth trajectory and operational excellence."

"In an exciting update, ESE announced that it has expanded its business in the crypto sector with MetaPro, amplifying our business opportunities. This renewed engagement marks a step towards diversifying our service offerings, particularly in the fast-growing blockchain industry that is crossing over with traditional gaming," continues Wasiela.

"ESE is not just aiming for expansion; we're strategically forging partnerships and delving into larger-scale opportunities that seek to achieve growth and profitability," Wasiela added.

Corporate Goals for 2024:

Continue to foster financial growth and stability.

Further develop and enhance strategic partnerships to solidify our market presence in targeted regions.

Expand our technological offerings, with a focus on blockchain, to meet the evolving needs of our clients and the market.

Strengthen our management team and advisory board with expertise in strategic and operational domains.

Sustain and expand our global operations through strategic initiatives and partnerships.

Konrad Wasiela concludes "I extend my gratitude to all of ESE's shareholders for their continued belief in our vision. Our team is energized and focused on achieving the objectives that will drive shareholder value. With a dynamic strategy in place, we are ready to navigate the next quarters with precision and determination."

ESE Entertainment Inc.

Konrad WasielaChief Executive Officer and Director+1 (437) 826-4012

About ESE Entertainment Inc.

ESE is a global technology company focused on gaming. The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. ESE also operates its own ecommerce channels, esports teams, and gaming leagues. www.esegaming.com

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