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Enthusiast Gaming Holdings Inc T.FIVE


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

Financial Services Technology 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 > New Press Release - Enthusiast Gaming Reports Q1 2024 Results
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Comment by Puma1backon May 16, 2024 3:59am
166 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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Dealroom for high-potential pre-IPO opportunities