INVEST

Date of Update: 11/11/2019

Enthusiast Gaming

Ticker: EGLX

Theme: Media

Country: Canada

Sector: Interactive Media & Services

Company Description:

Enthusiast Gaming is a vertically integrated gaming media, esports and live events company. The company's media segment owns and operates 100+ gaming websites, with more than 150 million unique monthly visitors. The company's esports division is Luminosity Gaming, which owns / manages 7 esports teams including the Vancouver Titans (Overwatch), and the Seattle Surge (Call of Duty). Enthusiast also owns and operates the largest gaming expo in Canada, EGLX.

3 Company Facts:

  • Enthusiast Gaming's digital media network of websites and YouTube channels is the largest online gaming information network in the United States.1
  • Luminosity Gaming is Canada's largest esports organization, consisting of 7 esports teams under ownership and management. The company's roster includes 50+ influencers and content creators.2
  • EGLX is Canada's largest gaming exposition, reporting 55,000 attendees for 2018.

3 Industry Facts:

  • The North American esports market is expected to grow at a 34% compound annual growth rate from 2018-2023.3
  • North American streaming platforms are estimated to achieve 112 milion unique viewers in 2019, growing to 224 million in 2023.
  • Total U.S. digital advertising spend is expected to reach $124 billion in 2019, growing at a 13% CAGR through 2022.

 

3 Key Company Drivers:

  • Cost per impression (advertising)
  • Subscription revenues
  • Esports revenues

Notable Brands:

HUYA logo
Luminosity Gaming, esports organization
Chendu Hunters logo
Vancouver Titans, Overwatch team
Nimo TV logo
Seattle Surge, Call of Duty team
Royal Never Give Up logo
The Sims Resource, gaming website