TORONTO, Ontario — November 26, 2025 — Leads & Copy — OverActive Media Corp., a global digital media, esports and entertainment company, has released its financial results for the three and nine-month periods ended September 30, 2025.
The company reported a 14% increase in revenue for the third quarter, reaching $7.8 million compared to $6.9 million in Q3 2024. Year-to-date revenue is up 24% to $21.209 million compared to $17.156 million for the same period last year.
Despite revenue growth, gross profit for Q3 2025 decreased by 17% to $4.094 million from $4.953 million in Q3 2024. Gross margin also declined from 72% to 52%. For the nine-month period, gross profit was $10.774 million with a gross margin of 51%, compared to $11.781 million and 69% respectively in the previous year.
Operating expenses saw a decrease of 3% in Q3 2025, falling to $5.535 million from $5.681 million in Q3 2024. Year-to-date operating expenses decreased by 8%, from $17.041 million to $15.627 million.
The company experienced a comprehensive loss of $3.026 million for the third quarter, compared to a loss of $0.339 million in the same period of 2024. Adjusted EBITDA for Q3 2025 was a loss of $1.314 million, compared to a breakeven Adjusted EBITDA in Q3 2024.
For the nine-month period, the comprehensive loss was $6.515 million compared to comprehensive income of $1.612 million in the prior year. Adjusted EBITDA was a loss of $4.598 million, compared to a loss of $3.039 million in the prior year period.
OverActive Media CEO and Co-Founder Adam Adamou stated that the results reinforce the resilience of the company’s diversified model. He also noted that the company is carrying that momentum into 2026.
The company terminated its VALORANT Champions Tour (VCT) EMEA agreement and is focusing on core franchises such as League of Legends, Call of Duty, and Free Fire. OverActive launched ActiveVoices, a content localization and monetization platform, during the quarter.
Subsequent to the quarter’s end, OverActive secured $2 million in debt financing from entities controlled by members of its Board of Directors and announced several updates, including the rebrand of its Call of Duty League franchise to Toronto KOI and an extended partnership with Bell Canada through 2027.
OverActive Media announced the appointment of Louis Zhang as Executive Vice President, Finance and Interim Chief Financial Officer, effective November 17, 2025. Mr. Zhang succeeds Rikesh Shah, who will be leaving the company effective November 30, 2025.
OverActive Media will conduct a conference call on Wednesday, November 26, 2025, at 9:00 a.m. ET.
Source: OverActive Media
