Sector: Technology | Industry: Online Services |
Company Contact | |
Address: | 90 Eglinton Avenue East, Suite 805 TORONTO ON M4P 2Y3 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
Adrian Taylor Montgomery Chairman of the Board, Interim Chief Executive Officer | Felicia DellaFortuna Chief Financial Officer | Tara Fournier Chief People Officer | J.B. Elliott Senior Vice President, General Counsel |
Business Overview |
Enthusiast Gaming Holdings Inc. is a Canada-based gaming media and entertainment company. The Company's principal business activities are comprised of media and content, entertainment and esports. The Company's digital media platform includes video gaming related websites, YouTube channels and a library of casual games. The Company's esports division, Luminosity Gaming Inc. (Luminosity), is a global esports franchise that consists of professional esports teams under ownership and management, including the Vancouver Titans Overwatch team and the Seattle Surge Call of Duty team. The Company's entertainment business owns and operates a mobile gaming event in Europe, Pocket Gamer Connects. Its subsidiaries include GameCo Esports Canada Inc., GameCo eSports USA Inc., Luminosity Gaming Inc., Luminosity Gaming (USA) LLC, Enthusiast Gaming Properties Inc., Enthusiast Gaming Inc., Enthusiast Gaming Live Inc., Enthusiast Gaming Media (US) Inc., TeachMe, Inc., Outplayed, Inc. and others. |
Financial Overview |
For the nine months ended 30 September 2023, Enthusiast Gaming Holdings Inc revenues decreased 12% to C$131M. Net loss increased 20% to C$78M. Revenues reflect Media segment decrease of 15% to C$112.2M, United States (Country) segment decrease of 16% to C$107.2M, All other countries segment decrease of 18% to C$12M. Higher net loss reflects Goodwill impairment increase of 43% to C$44.8M (expense). |
Employees: | 210 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $38.64M as of Sep 30, 2023 |
Annual revenue (TTM): | $185.01M as of Sep 30, 2023 |
EBITDA (TTM): | -$25.55M as of Sep 30, 2023 |
Net annual income (TTM): | -$89.84M as of Sep 30, 2023 |
Free cash flow (TTM): | -$7.54M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $13.68M as of Sep 30, 2023 |
Shares outstanding: | 154,393,280 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |