Post by
retiredcf on Aug 11, 2021 9:48am
A More Balanced Assessment
EGLX's $37M revenue was 4% better than estimates while the loss of 11 cents per share was below estimates. Revenue rose 5-fold while gross profit more than doubled. Paid subscribers were 155,000 vs 111,000. The balance sheet is strong after the US financing. We are OK with the results. It is early days but as long as revenue and customer growth rises, we are comfortable and would see it as buyable for aggressive investors.
So said 5iResearch. GLTA