Enthusiast Gaming Holdings Inc. / Canada
EGLXF · Services-Amusement & Recreation Services · EDGAR filings ↗
Grade
D48Loss-making gaming/media company with negative returns and weak liquidity on stale (FY2022) data.
Strengths
- Revenue growth 14% (72nd pct) and improving net loss (net income growth 68.8th pct)
- Effective disclosure/internal controls reported with a functioning audit committee
Risks
- Negative net margin (-37.9%), ROE -30% (30th pct) and negative operating cash flow (34.6th pct)
- Current ratio 0.81 (sub-1) and thin cash; data is ~3+ years stale, raising uncertainty
Notable findings
- Net lossNet loss (net margin -37.9%)
- Weak liquidityCurrent ratio 0.81 (<1)
Key metrics
Gross margin
31.3%
Net margin
-37.9%
Return on equity
-30.2%
Return on assets
-22.5%
Revenue growth (QoQ)
14.3%
Current ratio
0.8×
Tangible book value
$61M
Cash & investments
$5M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2023-03-27 | 2022-12-31 | 0001539497-23-000508 ↗ |
| 40-F | 2022-03-28 | 2021-12-31 | 0001539497-22-000714 ↗ |