Enthusiast Gaming (TSE:EGLX) Releases Earnings Results

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

Enthusiast Gaming Price Performance

Shares of EGLX opened at C$0.03 on Wednesday. Enthusiast Gaming has a fifty-two week low of C$0.03 and a fifty-two week high of C$0.14. The company has a market capitalization of C$4.78 million, a price-to-earnings ratio of -0.04 and a beta of 1.00. The firm has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. The company has a debt-to-equity ratio of 534.05, a quick ratio of 1.21 and a current ratio of 0.16.

Enthusiast Gaming Company Profile

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.