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Bullboard - Stock Discussion Forum eQube Gaming Limited V.EQG

eQube Gaming Ltd is involved in the development and sale of electronic bingo and social gaming solutions. The company has two primary segments namely, eBingo and Linked Games. It generates maximum revenue from the eBingo segment. Geographically, it derives a majority of revenue from Canada and also has a presence in the United States and Europe.

TSXV:EQG - Post Discussion

eQube Gaming Limited > Revenue increased 302.8%
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Post by midard on Jul 20, 2018 6:04pm

Revenue increased 302.8%

Highlights for the Three Months Ended May 31, 2018   • Total revenue from continuing operations for the three months ended May 31, 2018 increased 302.8% to $6,294,770 from $1,562,782 in the same period in the prior year. • Revenue from continuing operations, excluding hardware sales decreased 2.1% to $1,313,588 in the three months ended May 31, 2018 from $1,341,964 in the same period in the prior year. • Total revenue from hardware sales for the three months ended May 31, 2018 increased 2,155.8% to $4,981,182 from $220,818 in the same period in the prior year.  • Gross profit for the three months ended May 31, 2018 increased 155.7% to $2,381,080 from $931,306 in the same period in the prior year.  • Gross profit margin decreased to 37.8% for the three months ended May 31, 2018 compared with 59.6% in the same period in the prior year.
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