Esports Entertainment Group, Inc. Provides Earnings Guidance for the Fiscal Year 2021 and 2022
November 16, 2020 at 04:00 pm EST
Esports Entertainment Group, Inc. provided earnings guidance for the fiscal year 2021. The Company reaffirms its guidance of $13 million in revenue in fiscal 2021 and $25 million in revenue in fiscal 2022 from its core Argyll and VIE platforms.
On a proforma basis, including the acquisitions of Helix Esports and ggCircuit, the Company expects to report $42 million in revenue in fiscal 2022 with positive EBITDA of $2 million.