OverActive Media, the powerhouse behind esports teams KOI and Toronto KOI, has unveiled its financial performance for the third quarter of 2025. The company is making waves in the industry with its strategic moves and investments.
Financial Highlights and Challenges
The financial report revealed that OverActive Media generated CAD$7.8m (~£4.2m), marking a 14% increase compared to the same period last year. Despite this revenue growth, the company faced a comprehensive loss of CAD$3m (~£1.6m) due to a reduced gross margin. The write-off of its VCT agreement contributed to this loss, as KOI was dropped from the VCT EMEA 2026 season by Riot Games in favor of Gentle Mates, citing inconsistent performance and unmet obligations. Other contributing factors included an event-heavy revenue mix and decreased foreign currency translation gains.
Operational Adjustments and Leadership Changes
The company reported a 3% decrease in operating expenses, which was attributed to efforts in consolidating its brands. In a bid to streamline its operations, the Toronto Ultra Call of Duty League franchise was rebranded as Toronto KOI. “Our third quarter results reinforce the resilience of our diversified model,” remarked CEO and co-founder Adam Adamou. As OverActive Media continues to evolve, CFO Rikesh Shah will be leaving, with Louis Zhang stepping in as the Executive Vice President of Finance and Interim CFO.
Strategic Investments and Partnerships
In its quest to solidify its position as a leading esports entity, OverActive Media has been investing in long-term projects. October saw an investment of CAD$1m (~£539,435) into ActiveVoices, an AI-driven platform for content localization. Additionally, the company’s partnership with telecommunications giant Bell was extended, securing its role as the exclusive telecommunications sponsor for Canadian operations. This strategic focus on partnerships and technology highlights OverActive Media’s commitment to growth and innovation in the esports arena.