OverActive Media Corp (OAM), the parent company of MAD Lions, Toronto Ultra, and Toronto Defiant, has reported its Q2 2021 earnings — $2.1 million CAD (~£1.2 million), representing a growth of 71 percent YoY.
Last quarter’s earnings bring total revenue to $3.4 million CAD for the first half of 2021, an increase of 56 percent YoY that reflects the company’s recent IPO, acquisitions, and team victories.
In the span of a year, OAM has announced plans for a 7,000-seat esports venue, formed strategic partnerships with Red Bull, H4X, TD Bank, and more, then started trading on the TSX Venture Exchange.