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Enthusiast Gaming Holdings Inc T.EGLX

Alternate Symbol(s):  EGLXF

Enthusiast Gaming Holdings Inc. is a Canada-based gaming media and entertainment company. The Company’s principal business activities are comprised of media and content, entertainment and esports. The Company’s digital media platform includes video gaming related websites, YouTube channels and a library of casual games. The Company’s esports division, Luminosity Gaming Inc. (Luminosity), is a global esports franchise that consists of professional esports teams under ownership and management, including the Vancouver Titans Overwatch team and the Seattle Surge Call of Duty team. The Company’s entertainment business owns and operates a mobile gaming event in Europe, Pocket Gamer Connects. Its subsidiaries include GameCo Esports Canada Inc., GameCo eSports USA Inc., Luminosity Gaming Inc., Luminosity Gaming (USA) LLC, Enthusiast Gaming Properties Inc., Enthusiast Gaming Inc., Enthusiast Gaming Live Inc., Enthusiast Gaming Media (US) Inc., TeachMe, Inc., Outplayed, Inc. and others.


TSX:EGLX - Post by User

Post by Steve33on Apr 01, 2024 8:10pm
165 Views
Post# 35963998

Year end conference

Year end conferenceI listened to it. They seem very focused in taking decisive action to get rid of neutral or low margin revenue and concentration on high profit  activities.  They have reduced staff by 25 percent. Todays announced 4.1 million sale , only generated one million in revenue and zero profit. So that wont be missed. Their agreement with Playwire sounds like they will reach a much larger audience and potential new income. My take or sense is that they will survive so Im not worried about bankruptcy. They might actually be profitable and pull this off sometime this year.  Im 50/ 50 on that.
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