Enthusiast Gaming Holdings Inc ( (EGLXF) ) has released its Q3 earnings. Here is a breakdown of the information Enthusiast Gaming Holdings Inc presented to its investors.
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Enthusiast Gaming Holdings Inc., a digital publisher in the gaming industry, focuses on developing tools, platforms, and experiences for gamers, with a portfolio that includes well-known gaming brands and events. In its Q3 2025 financial report, the company highlighted a significant shift towards profitability and a strategic focus on its core product offerings, following the sale of its direct sales media business. Key financial metrics for the quarter included a gross margin increase to 86.9%, revenue of $7.3 million, and a net income of $7.0 million, primarily driven by gains from discontinued operations. The company also reported a 31.8% increase in users for its Icy Veins platform and a 25.1% rise in advertising revenues for U.GG. Looking ahead, Enthusiast Gaming aims to continue its product-first strategy, with plans to launch new products and expand its feature offerings to capitalize on upcoming major gaming title releases.