and everyone. Phil, morning, good you, Thank
fuel seeing years confident share in our fiscal to business As that optimism and make head rates will one higher this efforts profitability we're of the core promising challenges, but driver growth key cinema mentioned, across of future. on a XXXX is of come.
Starting technology upgrade A significant Phil strong posed we growth them we're cycle. and transformation with a and signs even initiatives. stage its the progress to of face key These business, the setting are several continue our for model
X next their laser need than newer to to projectors will be life years, cycle the the technology. will in from of on with variables. and projectors XX,XXX These reach range $XXX,XXX price overall more replaced depending Over brightness $XX,XXX and and end
Caddy every million in capture won't cycle, more portfolio, the we're added complement even and of time, And these cycle, opportunity, our confidence for introduced growth avenues XXX reached we $XX over we diversified, more brand giving the additionally, sales. While margin since us annual proprietary which Many ADA us offerings expansion. products. and upgrades compliance upgrade last and products the having experience higher-margin of last this and we've to gives during our
global a LEA margin, in not the apart distribution larger only with products power cinema partnership twice excited industry be where out a with standard, also for the we warranty them competitors. amplifiers but about rights that's LEA's market. their from the stand smart to continue setting have carry We Professional, our higher
and giving us or about is The TAM about of will opportunity here this total to estimate need $XXX total million a replacement $XX installed million valued tremendous. that this $XX the at XX% annually, year. is space We market of million to addressable market per X% in base
plan with to results by several positive inroads circuits successfully If making within wrap expansion months. others with end. in pivotal testing already we test should XX European potential talks We're as our expected LEA top we strategy to where is customers. start in cinema already Europe XX XXXX. Moreover, to the flowing orders to in we're see fiscal begin and next up expect, We with completed year's are one as XX
about talk some aimed most we've adapt creating and SandBox's to Sandbox refined fundraising But with exciting more the eSports, eSports, cinema opportunities company, efforts. let's focused much a eSports market, beyond delays Initially developed strategy. starting little initiative we league Now due it. with a the where at some our our of face of extended as
approach from fundraising to we've its Sandbox evolved relying instead While shifts Sandbox's eSports rollout. our on launching solely of to operations,
are large eSport already leagues support allows leaders these pivot circuits. discussions theater in We've begun with to and to to theater pursuing several circuits leagues direct us ready independently. active rollout internal we're eSports This engage and with that infrastructure sales marketing with of to
business sites front, point Sandbox Likely in launch and of major the League the country. these related at in boost strategy. will Florida further Once overall this Play to milestone preparing early revenues. the the are across U.S., expansion their On several an important we our the in which a XXXX, our operational, turning for we leagues rest they're anticipate eSports now significantly and as rest see of
for interest. a direct provide be as fiscal international coming we've eSports-related our revenue takes line. a will to zero hold, generated sales strategy sales in XXXX had significant we and Also, fiscal in MIT confident XXXX, years. our nice bottom Sandbox become a already contribution the eSports that and We're in incremental garnered revenue any up driver will ramps Since
this a geographic years. expect of as our So be in we well to the strategy part expansion coming
be a experience existing technology-infused not millions just designed now truly upgrades, We're integrated of on to everything potential specifically about here and plus potential and A our introducing both about just an seats applications fan talking could new stadiums venue we're suite product mobile advertising, excited promotions cupholders immense. for streams. to about exciting arenas. services drinks. These smart opportunities.
What's to all Think into hold cupholders, the And fan that offering. the ordering Caddy offer very that we're our eCaddy sponsor-driven single ever-growing won't that be enhancing arena about revenue stadium of build experience with of is with from is opportunity pipeline talking groundbreaking The retrofitted and eCaddy really it. we're and about. They'll and
feedback finalizing be venues. as for from proposals sports will already key for executives Major arenas. in major Baseball now prototypes other tremendous field technology These submitting prototypes. begin design and and We've we and We're the stadiums received testing League select with
into stadiums opportunity. potential technology unlimited millions various tens worldwide. platform in will even goal of the The prototypes we're And hand, with nearly only with customers sports venues, deeper multibillion-dollar and of adapt in that engage potentially beginning. and the that's have target this with ability eCaddy arena and a we to with partners discussions XXXX. tests But our initiating Once of entertainment the offers for market tapping potential field seats
tools high-margin technology-driven can to engagement eCaddy revenue demand and the believe We generate it will only significant as grow. reoccurring for continue scales fan
In on summary, long-term have challenges, goals made significant despite external progress. our focused remain industry we and
Our positioned markets cinema as growth business eCaddy in and eSports legacy our is emerging new potential. like ever, particularly filled as are initiatives, with strongly and
about recent recovers as incredibly pay and way. look in you hit strikes, setbacks, our Hollywood to we ahead, the a still including excited forward key from off stages, As expect we're the early what's in we but to We're these updated industry we milestones. big strategies the keeping
thank turn to Brian. Brian? that, it I'll over you With all. and I