Pretty poor report, to put it nicely.
I wish they'd been more upfront about a few things (Genoit's $500k take on the last capital raising, and why they've ditched the app in favour of this new model). The tournament focus may work, but in the meantime blockchain games in the crypto space like Axie Infinity are raking in cash and getting $2 billion valuations.
It's going to be a long road to profitability for ESH. Be prepared for it, or get out while you can.
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