Streamlined Operations and Solid Balance Sheet Position the Company for Sustainable Growth in 2025
TORONTO, April 24, 2025 /CNW/ - OverActive Media Corp. ("OverActive" or the "Company") (TSXV: OAM) (OTC: OAMCF), a global esports and entertainment company for today's generation of fans, released its results for the three and twelve-month periods ended December 31, 2024.
Financial Results Summary for Q4 and FY 2024$CAD (000's)
Three months ended December 31, 2024
Three months ended December 31, 2023
Variance (%)
Twelve months ended December 31, 2024
Twelve months ended December 31, 2023
Variance (%)
Revenue
$9,852
$4,212
134 %
$27,008
$15,704
72 %
Gross Profit
$5,323
$3,361
58 %
$16,811
$10,384
62 %
Gross Margin
54 %
80 %
-32 %
62 %
66 %
-6 %
Operating Expenses
$6,646
$4,306
54 %
$23,394
$17,096
37 %
Adjusted EBITDAi
($554)
($699)
21 %
($3,593)
($6,207)
42 %
Comprehensive Income (Loss)
($1,301)
($768)
-69 %
$311
($12,239)
103 %
Net Working Capital
$6,562
$8,602
-24 %
$6,562
$8,602
-24 %
Cash & Equivalents
$6,849
$13,933
-51 %
$6,849
$13,933
-51 %
TORONTO, Feb. 18, 2025 /CNW/ - OverActive Media Corp. ("OverActive" or the "Company") (TSXV: OAM) (OTC: OAMCF), a global esports and entertainment company for today's generation of fans is proud to announce that the Company's Call of Duty franchise, Toronto Ultra has been recognized at the 2025 Canadian Game Awards, winning "Best Esports Organization" and "Best Esports Event". The Canadian Game Awards are the most prestigious accolades in the Canadian video game industry, celebrating excellence across game development, content creation, and esports. Designed 'by the industry, for the industry,' the awards recognize outstanding achievements that shape the future of interactive entertainment. Toronto Ultra's wins reinforce OverActive Media's leadership in competitive gaming and its role in elevating esports on a global scale.
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