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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

Comment by Puma1backon May 16, 2024 3:59am
96 Views
Post# 36042683

RE:RE:New Press Release - Enthusiast Gaming Reports Q1 2024 Results

RE:RE:New Press Release - Enthusiast Gaming Reports Q1 2024 ResultsGoing back to the Run rate, the company has been losing between eight and $12 million each quarter over the last 8 quarters. The losses above those numbers were always just right downs of intangibles. So when looked over these last 8 quarters the current lost of just over 1 million looks like quite an accomplishment.

This new management may be able to deliver that holy Grail of positive ebitda. I doubt, however, that the market will get excited until they see something more than just discussions.
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