Enthusiast Gaming (TSE:EGLX) Announces Earnings Results

Enthusiast Gaming (TSE:EGLX) announced its earnings results on Tuesday. The company reported C($0.23) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$8.05 million during the quarter. Enthusiast Gaming had a negative return on equity of 437.70% and a negative net margin of 257.73%.

Enthusiast Gaming Stock Performance

Shares of TSE EGLX opened at C$0.04 on Tuesday. Enthusiast Gaming has a 12-month low of C$0.03 and a 12-month high of C$0.14. The firm has a market capitalization of C$5.57 million, a price-to-earnings ratio of -0.05 and a beta of 1.00. The company has a current ratio of 0.16, a quick ratio of 1.21 and a debt-to-equity ratio of 534.05. The firm has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.05.

About Enthusiast Gaming

Enthusiast Gaming Holdings Inc is a gaming company building the media platform for video games and esports fans to connect and engage worldwide. Reaching over 300 million gamers every month, the company is a member of the Comscore 100 ranking of the top Internet Properties in the U.S and the largest in the Gaming Information category on mobile devices. Combining the elements of its four core pillars; Media, Talent, Esports and Experiential, Enthusiast Gaming provides a engagement opportunity resulting in more points of connection than any other video game and esports platform, with unparalleled access to the influential and lucrative GenZ and Millennial audience.