Enthusiast Gaming Holdings (Enthusiast Gaming Holdings) Net Margin % : -129.65% (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Enthusiast Gaming Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Enthusiast Gaming Holdings's Net Income for the three months ended in Sep. 2023 was $-43.7 Mil. Enthusiast Gaming Holdings's Revenue for the three months ended in Sep. 2023 was $33.7 Mil. Therefore, Enthusiast Gaming Holdings's net margin for the quarter that ended in Sep. 2023 was -129.65%.

The historical rank and industry rank for Enthusiast Gaming Holdings's Net Margin % or its related term are showing as below:

EGLXF' s Net Margin % Range Over the Past 10 Years
Min: -667.85 Med: -37.4 Max: -31.1
Current: -48.56

EGLXF's Net Margin % is ranked worse than
80.1% of 583 companies
in the Interactive Media industry
Industry Median: -1.45 vs EGLXF: -48.56

Enthusiast Gaming Holdings Net Margin % Historical Data

The historical data trend for Enthusiast Gaming Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enthusiast Gaming Holdings Net Margin % Chart

Enthusiast Gaming Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Net Margin %

-667.84

-36.90

-31.10

-37.88

Enthusiast Gaming Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Net Margin %	Get a 7-Day Free Trial															-73.34	-21.91	-20.37	-23.98	-129.65

Competitive Comparison of Enthusiast Gaming Holdings's Net Margin %

For the Internet Content & Information subindustry, Enthusiast Gaming Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Enthusiast Gaming Holdings's Net Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Enthusiast Gaming Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Enthusiast Gaming Holdings's Net Margin % falls into.

Enthusiast Gaming Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Enthusiast Gaming Holdings's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-56.556	/	149.309
	=	-37.88 %

Enthusiast Gaming Holdings's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-43.651	/	33.669
	=	-129.65 %

Enthusiast Gaming Holdings (OTCPK:EGLXF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Enthusiast Gaming Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Enthusiast Gaming Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Enthusiast Gaming Holdings (Enthusiast Gaming Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Enthusiast Gaming Holdings Inc (OTCPK:EGLXF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

2AV:Germany EGLX:Canada

Address

90 Eglinton Avenue East, Suite 805, Toronto, ON, CAN, M4P 2Y3

Website

https://www.enthusiastgaming.com

Enthusiast Gaming Holdings Inc is a gaming company building a 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 an 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. It has one segment which is digital media and entertainment. It generates a majority of its revenue from Media and content.