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Enthusiast Gaming Holdings Inc T.FIVE


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

Communication Services Financial Services Asset Management Software - Application eGaming
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

Enthusiast Gaming Holdings Inc > Results
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Comment by kirktopon May 23, 2023 9:33pm
191 Views
Post# 35461181

RE:RE:RE:RE:Results

RE:RE:RE:RE:ResultsI can see why the analysts are expecting a $3 share price.  $170 million revenue going to over $200 million makes tech companes worth $500 million which is $3 per share.  $15 million annual cash burn will go to zero probably within the year under the new CEO.  They should do some more nondilutive or minimally dilutive financing here. 
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