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Enthusiast Gaming Holdings Inc T.FIVE


Primary Symbol: T.EGLX Alternate Symbol(s):  EGLXF

Enthusiast Gaming Holdings Inc. is a gaming media and entertainment company. The Company operates in one industry segment, being digital media and entertainment. Its principal business activities are comprised of media and content, esports and entertainment and subscription. The Company's digital media platform includes its flagship video gaming related owned and operated websites, content channels including YouTube and casual games, where the Company derives the vast majority of its media and content revenue. The Company's esports and entertainment business, includes Luminosity Gaming Inc. (Luminosity Gaming), a global esports franchise that consists of professional esports teams under ownership and management, and Pocket Gamer Connects, global mobile gaming events. It has fully owned teams competing in Apex Legends, Overwatch, Super Smash Bros: Ultimate, Brawl Stars, and Pokemon Unite.


TSX:EGLX - Post by User

Comment by ROIXROIon Oct 23, 2019 11:57am
165 Views
Post# 30259225

RE:Is anyone out there

RE:Is anyone out there There was a lot of confusion with the recent merger and then a ton of profit taking. I was always unsure why they priced the deal with J55 ar 45 cents when it was trading at 32 cents... I didn't like that and feel something was fishy...should have taken action at the time, but that is now behind us.

All of that said, the dust has settled and they now have focussed plan going forward to increase the revenue per user (RPU) from 10 cents to 40. With such a massive base of users and associated ad views, this should drive a material lift in the share price.

The first quarteyly report under the new structure is expected on November 29.... Hoping we see solid growth numbers and an inspiring forecast.
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