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Affiliate Monitor Company-by-company Q3 results analysis
“ With Daily Faceoff , we get a great podcast network . Having influencer voices of authenticity to help drive traffic to our websites is going to be important ”
JORDAN GNAT , PLAYMAKER
Chart 15 : Playmaker pro-forma revenue Q419-Q321 ($ m )
6
5
4
3
2
1
0
3.96
2.45
1.67
3.08
Q419 Q120 Q220 Q320 Q420 Q121 Q221 Q321
4.95
4.12
5.29
6.27
Chart 16 : Playmaker pro-forma EBITDA
3.0
Q419-Q321 ($ m )
2.79
2.5 2.31
2.0 1.78
1.9
1.5
1.0
1.15
1.35
0.5
0
0.4
0.1
Q419 Q120 Q220 Q320 Q420 Q121 Q221 Q321
Source : Company reports
The Nation Network was described by Gnat as Playmaker “ planting our flag in Canada ”. The Nation Network includes the Daily Faceoff , a leading Canadian ice hockey site , which he said was still in the growth phase .
Asked about where he thought there were gaps in the Playmaker offering , Gnat spoke about social media and specifically the potential for looking at YouTube channels and podcasts .
“ With Daily Faceoff , we get a great podcast network , which gives us a bit of a platform ,” he added . “ But it ’ s filling in a little bit more of that . Having some more influencer voices of authenticity that are going to help drive traffic to our websites is going to be important .”
FUEL IN THE TANK
Playmaker still has cash at hand to pursue what it says is a “ robust ” pipeline of future deals with cash and cash equivalents standing at $ 13.4m as of the end of September . However , this will have been whittled down substantially by the initial payments related to the deals in the current quarter for the Nation Network ( CA $ 6m ) and Grupo Superpoker ($ 1.75m ). Proforma revenues ( which include all acquisitions to date ) have risen to $ 6.27m during Q3 while EBITDA has risen to $ 2.79m . iGB Affiliate Monitor