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Mobile Global Esports Inc.
- Market Cap
- Unavailable
- Price
- $0.0009
- % Change (Daily % change from the live per-ticker quote feed.)
- +28.57%
- Volume
- 3.1M
About
Mobile Global Esports Inc. is an enterprise actively involved in the esports industry. Its core business involves organizing and monetizing diverse virtual esports competitions, primarily within the Indian market. Established in 2016, the firm operated as Elite Esports, Inc. until April 2021, when it rebranded as Mobile Global Esports Inc. Its corporate headquarters are situated in San Clemente, California.
Quick stats
Shares outstanding—
Computed float40.9M
Float / sharesUnknown
Key info
SectorTechnology
IndustryElectronic Gaming & Multimedia
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001886362
Websitehttps://www.mogoesports.com
AI Summary
AI-generated3mo agominorbullishoperations update
Mobile Global Esports Inc. Turns the Corner From Pre-Revenue to Revenue in Current Fantasy Sports Operations
Mobile Global Esports Inc. (MGAM) announced that its fantasy sports operations have transitioned from a pre-revenue development stage to a live, commercially operating ecosystem.
The company’s two platforms, Reality Sports Online and Dominus Baseball, are now serving paying users and generating recognized and deferred revenue on the balance sheet.
CEO Brett Rosin described this as an inflection point, noting that the ecosystem is live and integrated, though he cautioned that the financial numbers are still early.
Red flags
- No specific revenue figures or user metrics disclosed in the press release
- Investors directed to 10-Q for financial details, suggesting the PR is qualitative only
- Dominus Baseball is still in beta