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Enthusiast Gaming Holdings
(TSX:EGLX)
Enthusiast Gaming Holdings (EGLX) vs. iShares MSCI Canada ETF (EWC)
Enthusiast Gaming Holdings Business Overview & Revenue Model
Enthusiast Gaming Holdings Earnings Call Summary
Enthusiast Gaming Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 56.70M | 72.57M | 178.18M | 202.84M | 167.36M | 72.76M |
| Gross Profit | 42.36M | 49.13M | 67.42M | 63.47M | 37.77M | 18.46M |
| EBITDA | -95.55M | -3.20M | -32.15M | -58.55M | -40.62M | -14.60M |
| Net Income | -135.44M | -95.98M | -117.67M | -76.83M | -52.05M | -26.85M |
Balance Sheet | ||||||
| Total Assets | 68.52M | 128.45M | 242.41M | 341.44M | 387.78M | 222.32M |
| Cash, Cash Equivalents and Short-Term Investments | 361.87K | 4.77M | 6.85M | 7.54M | 22.79M | 4.45M |
| Total Debt | 38.11M | 40.01M | 23.72M | 19.94M | 12.84M | 38.89M |
| Total Liabilities | 62.64M | 76.70M | 99.69M | 86.79M | 125.01M | 80.45M |
| Stockholders Equity | 5.88M | 51.75M | 142.72M | 254.65M | 262.77M | 141.87M |
Cash Flow | ||||||
| Free Cash Flow | -13.53M | -19.93M | -2.86M | -26.65M | -23.68M | -15.30M |
| Operating Cash Flow | -13.47M | -19.75M | -2.84M | -26.64M | -23.68M | -15.29M |
| Investing Cash Flow | -20.92K | 3.85M | -767.27K | 4.31M | -33.94M | -12.17M |
| Financing Cash Flow | 11.44M | 13.34M | 3.09M | 6.50M | 76.01M | 18.19M |
Enthusiast Gaming Holdings Technical Analysis
Enthusiast Gaming Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $202.68M | 8.71 | 85.19% | ― | 91.28% | 623.60% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
48 Neutral | C$30.10M | ― | -10.96% | ― | -3.91% | -242.16% | |
48 Neutral | C$37.93M | 450.00 | -18.02% | ― | 46.80% | -82.67% | |
41 Neutral | $11.94M | ― | -186.28% | ― | -56.63% | -25.99% | |
40 Neutral | C$189.54M | ― | -38.53% | ― | -59.51% | -545.36% |
Enthusiast Gaming Holdings Corporate Events
Enthusiast Gaming Holdings Inc. has updated shareholders on the impact of the Canadian Union of Postal Workers strike on the delivery of proxy-related materials for its upcoming virtual annual general and special meeting. Despite partial resumption of mail delivery, the company has advised shareholders to access electronic copies of meeting materials and vote using available online methods due to potential delays. The meeting will address several key matters, including financial statements, director elections, and share issuance resolutions, with shareholders encouraged to participate virtually.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming hosted its 12th annual Pocket Gamer Connects Helsinki, the largest B2B games event in the Nordics, attracting over 1,350 industry professionals from 44 countries. The event provided significant networking and business development opportunities, featuring 172 speakers across 22 content tracks and three summits, including new additions focusing on AI and transmedia. The conference series, owned by Enthusiast Gaming, continues to be a pivotal platform for the global games industry, fostering innovation and collaboration among key stakeholders.
The most recent analyst rating on (TSE:EGLX) stock is a Buy with a C$0.30 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming Holdings Inc. has informed its shareholders about potential disruptions in the delivery of meeting materials due to an ongoing Canada Post strike. The company has made these materials available online to ensure accessibility ahead of its annual general and special meeting scheduled for October 28, 2025. This proactive approach aims to mitigate any impact on shareholder participation and maintain transparency, reflecting the company’s commitment to effective stakeholder communication despite logistical challenges.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming Holdings Inc. announced that its annual general meeting will be held virtually on October 28, 2025, following an extension granted by the Toronto Stock Exchange. This meeting is significant for stakeholders as it reflects the company’s ongoing compliance with regulatory requirements and provides an opportunity for shareholders to engage with the company’s strategic direction and performance.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming has announced major updates to its Addicting Games platform, emphasizing a modern, mobile-first design to enhance user experience and support cross-platform growth. These updates, which include faster load times and a streamlined user interface, aim to strengthen the platform’s position in the casual gaming market by improving accessibility and discoverability for its one million monthly users. The enhancements align with Enthusiast Gaming’s strategy to capitalize on the growing casual and mobile gaming segments, creating synergies with its PocketGamer brand and unlocking new growth and monetization opportunities.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming Holdings Inc. has completed the sale of its direct sales business line to Vertiqal Studios Corp., marking a strategic shift to focus on its core strengths in gaming platforms and experiences. This transaction is expected to save approximately C$10 million annually, improve the company’s balance sheet by over C$4.5 million, and enhance its Adjusted EBITDA, allowing Enthusiast Gaming to concentrate on expanding its profitable digital assets and event series.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming Holdings Inc. is a digital publisher that creates tools, platforms, and experiences for gamers, operating in the gaming and esports industry with a portfolio of well-known properties like U.GG and Icy-Veins. In its Q2 2025 financial results, the company reported a revenue of $10 million, a decrease from $14.7 million in the same quarter of the previous year, largely due to a strategic shift away from non-core segments like direct sales and the Omnia video platform. Despite the revenue decline, the company improved its gross margin to 80%, up from 66.2% in Q2 2024, by focusing on its core properties. Key financial metrics included a net loss of $39.8 million, influenced by non-cash impairment charges, and an adjusted EBITDA loss of $1.4 million. Enthusiast Gaming is realigning its operations to focus on its core product portfolio, which includes successful platforms such as U.GG, Icy-Veins, and PocketGamer. The company is also expanding its event series, PocketGamer Connects, with successful events in Barcelona and Shanghai and plans for further expansion in South Korea. Looking ahead, Enthusiast Gaming is committed to its product-first strategy, aiming to enhance its core platforms and improve profitability by divesting non-core business lines.
Enthusiast Gaming Holdings Inc. has announced a binding letter of intent with Vertiqal Studios Corp. to divest its Direct Sales Business Line for C$900,000, following the termination of a previous non-binding agreement. This transaction, expected to close by September 5, 2025, includes the assumption of approximately US$2.6 million in liabilities by VSC. This strategic move is likely to impact Enthusiast Gaming’s operations by allowing it to focus on its core business areas and potentially improve its financial standing by offloading liabilities.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming Holdings Inc. reported its Q2 2025 financial results, highlighting a strategic shift towards a product-first approach by realigning operations around its core properties. The company exited non-core segments like direct sales and creative production, which were primary sources of losses, to focus on its owned platforms. Despite a decline in revenue to $10.0 million from $14.7 million in Q2 2024, the company achieved a gross margin expansion to 80.0%. The net loss was significantly impacted by non-cash impairment charges. Key business highlights include significant growth in platform engagement and subscriber numbers, with U.GG and Icy Veins showing strong performance, and the launch of innovative tools like The Sims Resource’s LookBuilder. PocketGamer.com also experienced substantial growth, reinforcing its position as a leading authority in mobile game discovery.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming successfully launched the Pocket Gamer Connects Summit in Shanghai, attracting over 630 senior industry professionals from 31 countries. The event, held in partnership with MyGamez, provided significant networking and business development opportunities ahead of ChinaJoy, reinforcing China’s role in the global gaming ecosystem. The summit marked the beginning of a new series of regionally focused events, highlighting Enthusiast Gaming’s strategic expansion in Asia-Pacific and its commitment to connecting the global gaming industry.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Enthusiast Gaming Holdings Inc. announced the successful closing of a $2 million debt financing transaction. This financial move, arranged with Beedie Investments Ltd. and other lenders, is part of a strategic effort to strengthen the company’s financial position, potentially impacting its operations and market positioning positively.
The most recent analyst rating on (TSE:EGLX) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.