07:19:06 EST Thu 09 Feb 2023
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ESE Entertainment Inc
Symbol ESE
Shares Issued 72,520,504
Close 2022-12-05 C$ 0.39
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ESE's digitalmotorsports has November revenue of $1.03M

2022-12-06 11:36 ET - News Release

Mr. Konrad Wasiela reports

ESE ENTERTAINMENT ANNOUNCES RECORD MONTHLY ECOMMERCE REVENUE

ESE Entertainment Inc.'s simulated racing (sim racing) e-commerce platform, digitalmotorsports.com, had record unaudited monthly revenue for the month of November, 2022.

Digital Motorsports is an award-winning organization and one of the leading sim racing e-commerce companies globally, specializing in building bespoke racing simulators and offering turnkey simulator packages.

Key highlights from Digital Motorsports' e-commerce platform for the month of November, 2022, include:

  • Net sales: $1,038,089;
  • Number of orders: 764;
  • Units sold: 1,708;
  • Webshop sessions: 125,215.

Sean McGinley, director of Digital Motorsports, stated: "As we wind up the calendar year, I am pleased to announce that we have accomplished our highest-grossing month in company history. This highlights the synergy we are now seeing with ESE. We are continuing to improve our technology stack and optimize our e-commerce platform. We are now setting our sights on following up 2022 with an even stronger year in 2023."

Konrad Wasiela, chief executive officer of ESE, stated: "As we plan the 2023 year ahead, we are happy to report that our business units are continuing to deliver results and set new records. We want to continue to expand our e-commerce platform and increase revenue and profitability across the entire company. We are working relentlessly to accomplish these goals and look forward to the period ahead."

About ESE Entertainment Inc.

ESE is a global technology company focused on gaming and e-sports. 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 e-commerce channels, e-sports teams and gaming leagues. In addition to the company's organic growth opportunities, the company is considering selective acquisitions that align with its objective of becoming a dominant global player in e-sports technology and infrastructure.

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