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Enthusiast Gaming Holdings
(TSX:EGLX)
Enthusiast Gaming Holdings (EGLX) vs. S&P 500 (SPY)
Enthusiast Gaming Holdings Business Overview & Revenue Model
Enthusiast Gaming Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 178.18M | 202.84M | 167.36M | 72.76M | 11.76M | Gross Profit |
| 67.42M | 63.46M | 37.77M | 18.46M | 4.52M | EBIT |
| -24.65M | -49.18M | -50.01M | -19.07M | -27.54M | EBITDA |
| -32.15M | -59.80M | -40.36M | -14.60M | -73.04M | Net Income Common Stockholders |
| -117.67M | -76.83M | -52.05M | -26.85M | -78.55M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 6.85M | 7.54M | 22.79M | 4.45M | 14.02M | Total Assets |
| 242.41M | 341.44M | 387.78M | 222.32M | 169.34M | Total Debt |
| 23.72M | 19.94M | 12.84M | 38.89M | 27.45M | Net Debt |
| 16.87M | 12.52M | -9.81M | 34.57M | 14.24M | Total Liabilities |
| 93.42M | 86.79M | 125.01M | 80.45M | 50.69M | Stockholders Equity |
| 142.72M | 254.65M | 262.77M | 141.87M | 118.66M |
| Cash Flow | Free Cash Flow | |||
| -2.86M | -26.65M | -23.68M | -15.30M | -16.19M | Operating Cash Flow |
| -2.84M | -26.64M | -23.68M | -15.29M | -15.98M | Investing Cash Flow |
| -767.27K | 4.31M | -33.94M | -12.17M | -26.22M | Financing Cash Flow |
| 3.09M | 6.50M | 76.01M | 18.59M | 51.22M |
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 |
|---|---|---|---|---|---|---|---|
77 Outperform | C$5.37B | 8.90 | 10.83% | 3.03% | 796.07% | -35.52% | |
70 Outperform | C$141.63M | ― | -7.16% | ― | 10.79% | -30.99% | |
59 Neutral | $13.76B | 7.64 | -1.94% | 3.86% | 2.38% | -36.56% | |
49 Neutral | C$24.84M | ― | -119.27% | ― | 0.50% | 0.06% | |
41 Neutral | $9.55M | ― | -95.51% | ― | -59.27% | 20.85% |
Enthusiast Gaming Holdings Earnings Call Summary
Enthusiast Gaming Holdings Corporate Events
Enthusiast Gaming has expanded its U.GG analytics platform to support Rainbow Six Siege, aligning with the game’s upcoming Siege X platform update. This strategic move enhances Enthusiast’s presence in the gaming industry by providing high-quality tools and insights to a revitalized player base, while Luminosity Gaming continues to compete in the Rainbow Six North American Pro League, reinforcing the company’s commitment to competitive gaming.
Spark’s Take on TSE:EGLX Stock
According to Spark, TipRanks’ AI Analyst, TSE:EGLX is a Neutral.
Enthusiast Gaming Holdings is challenged by significant financial weaknesses, including declining revenues and operational losses. Technical analysis indicates bearish market sentiment, and valuation metrics reflect difficulties in achieving profitability. Despite some positive developments in profitability and strategic expansions, the overall outlook remains cautious due to the need for substantial strategic adjustments to improve financial health and market perception.
To see Spark’s full report on TSE:EGLX stock, click here.
Enthusiast Gaming’s Luminosity Gaming successfully concluded its Rising Stars 2025 creator competition, which attracted over 5,800 entrants and generated 500 million impressions, marking a record-breaking season. The competition’s finale saw three creators, BillyGoat, CozyZozie, and BPala, share the grand prize, reflecting the collaborative spirit of the event. This achievement highlights Luminosity’s growing influence in the creator economy and its ability to engage a highly active audience, offering significant brand-building opportunities for its partners.
Spark’s Take on TSE:EGLX Stock
According to Spark, TipRanks’ AI Analyst, TSE:EGLX is a Underperform.
Enthusiast Gaming Holdings shows significant financial weaknesses with declining revenues and operational losses. Technical indicators suggest bearish market sentiment, and valuation metrics highlight ongoing challenges in achieving profitability. Improvements in EBITDA and cost management present a silver lining, but significant strategic adjustments are needed to enhance financial health and investor confidence.
To see Spark’s full report on TSE:EGLX stock, click here.
Enthusiast Gaming Holdings Inc. has expanded its data and analytics platform, U.GG, to include support for Marvel Rivals, a popular team-based PvP game. This move leverages the game’s growing popularity and Enthusiast Gaming’s expertise in providing performance-enhancing tools, aiming to deepen player engagement and community building. The expansion also involves Luminosity, Enthusiast’s esports brand, which is actively participating in Marvel Rivals competitions in North America and Europe. This strategic initiative reflects Enthusiast Gaming’s commitment to enhancing fan engagement and building dedicated user communities, further solidifying its position in the gaming industry.
Spark’s Take on TSE:EGLX Stock
According to Spark, TipRanks’ AI Analyst, TSE:EGLX is a Neutral.
Enthusiast Gaming Holdings is undergoing a challenging phase with declining revenues and persistent financial losses while showing some improvement in profitability metrics. The technical analysis indicates bearish sentiment, and the valuation metrics reflect the company’s struggle to generate positive earnings. The earnings call highlights strategic efforts to improve margins and reduce costs, but significant risks remain. The overall score reflects the need for careful management and strategic adjustments to enhance financial health and market perception.
To see Spark’s full report on TSE:EGLX stock, click here.
Enthusiast Gaming reported significant financial improvements in Q4 and FY 2024, with a notable increase in adjusted EBITDA and gross margins due to strategic realignment towards high-margin revenue streams. The company emphasized audience expansion and engagement, achieving record subscriber growth and increased platform engagement, driven by popular gaming properties and strategic sales initiatives.
Enthusiast Gaming Holdings Inc. is set to announce its financial and operating results for the fourth quarter and year-end 2024 on March 31, 2025. The announcement will be followed by a conference call and webcast, providing stakeholders with insights into the company’s performance and strategic direction.
Enthusiast Gaming’s Addicting Games has partnered with ByteBrew to enhance analytics for web game developers. This collaboration aims to provide developers with real-time analytics, monetization tracking, and user acquisition insights, thereby supporting indie and web-based developers in improving game success and exploring new revenue streams.
Enthusiast Gaming Holdings Inc. announced that its Pocket Gamer Connects (PGC) will host its 50th conference in San Francisco on March 17-18, 2025, coinciding with the Game Developers Conference week. This milestone event will feature a diverse lineup of speakers from major gaming companies and cover cutting-edge topics like AI and web3 technology. Following the success of PGC London, which set attendance records, the San Francisco event aims to provide unparalleled networking and learning opportunities for industry professionals, further solidifying PGC’s position as a premier global gaming conference series.
Enthusiast Gaming Holdings announced the global expansion of its Pocket Gamer Connects (PGC) conference series, with new events planned for Barcelona and Shanghai in 2025. The expansion reflects the company’s efforts to extend its reach and influence in the gaming industry, leveraging Barcelona’s growing reputation as a gaming hub. The PGC series, known for its networking and business opportunities, has hosted numerous conferences worldwide, significantly impacting the industry by facilitating business meetings and deals.
Enthusiast Gaming announced a significant global expansion of its Pocket Gamer Connects series, launching new conferences in Barcelona and Shanghai in 2025. This expansion reflects the company’s strategy to extend its reach into growing markets, leveraging Barcelona’s burgeoning gaming hub status and tapping into Shanghai’s influential gaming scene. The upcoming events aim to foster networking, deal-making, and industry insights, underlining Enthusiast Gaming’s commitment to strengthening its industry position and expanding its influence across multiple continents.