Esports Entertainment Group, Inc. income statement GMBL

Annual Quarterly

In fiscal 2023, which ended Jun 30, 2023, Esports Entertainment Group, Inc. reported revenue of $23.0 million, down 60.6% from the year before. It recorded a net loss of $32.3 million. The operating loss came to $40.3 million, an operating margin of -175.5%. Diluted earnings per share were -$19.63. Over the twelve months ended Mar 31, 2024, revenue was $9.8 million and the net loss was $25.5 million.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2024 Mar 31, 2024	FY 2023 Jun 30, 2023	FY 2022 Jun 30, 2022	FY 2021 Jun 30, 2021	FY 2020 Jun 30, 2020	FY 2019 Jun 30, 2019	FY 2017 Jun 30, 2018	FY 2017 Jun 30, 2017	FY 2016 Jun 30, 2016	FY 2015 Jun 30, 2015	FY 2014 Jun 30, 2014
Revenue	10 -69.4%	23 -60.6%	58 +247.7%	17	—	—	—	0	0	0	0
Cost of revenue	3 -74.6%	9 -63.6%	24 +207.4%	8	—	—	—	—	—	—	—
Gross profit	7 -66.1%	14 -58.5%	34 +283.2%	9	—	—	—	—	—	—	—
Selling, general and administrative	21 -55.3%	35 -54.8%	77 +122.4%	35 +829.6%	4 +23.6%	3	2 +3498.1%	0 +173.1%	0 +33.3%	0 -37.5%	0
Operating income	-26 +52.1%	-40 +54.9%	-89 -247.4%	-26 -535.3%	-4 -34.3%	-3	—	—	—	—	—
Foreign currency gain (loss)	—	0 -27.7%	0	—	0 -58.0%	0	—	—	—	—	—
Other non-operating income (expense)	-0 -122.5%	-0 +72.6%	-1 -27.0%	-0	—	—	—	—	—	—	—
Other income (expense)	1 -94.9%	8 +143.2%	-19 -316.0%	-4 +29.2%	-6	—	—	—	—	—	—
Pretax income	-25 +28.1%	-32 +70.1%	-108 -257.5%	-30 -191.7%	-10 -62.4%	-6	—	—	—	—	—
Income tax	—	0 +100.0%	-6 -48.9%	-4 -159046.5%	0 -75.3%	0	—	—	—	—	—
Net income	-25 +27.8%	-32 +68.4%	-102 -287.6%	-26 -154.8%	-10 -62.2%	-6	-2 -500.8%	1 +348.2%	-0 -11.8%	-0 -124.7%	-0
Net income to common	-55 -51.8%	-34 +67.3%	-103	—	—	—	—	—	—	—	—
Basic EPS	-25.89 +92.6%	-19.63 +94.5%	-356.27	—	—	—	0.02	0.01	0.00	0.00	0.00
Diluted EPS	—	-19.63	—	—	—	—	—	—	—	—	—
Weighted average shares, basic	2 +1940.6%	2 +493.2%	0	—	—	—	83 +19.7%	72 +5.0%	69 +4.5%	66 +90.1%	35
Weighted average shares, diluted	—	2	—	—	—	—	—	—	—	—	—
Other measures
Depreciation and amortization	3 -55.9%	6 -46.2%	12 +252.0%	3 +16458.8%	0 -59.7%	0	0	0	—	—	—
EBITDA	-23 +51.5%	-34 +56.3%	-77 -246.6%	-22 -453.7%	-4 -36.0%	-3	—	—	—	—	—
Interest coverage	-5,872.48x	-16.21x	-13.91x	-36.81x	-2.03x	-0.54x	—	—	—	—	—
Margins
Gross margin	67.89%	61.74%	58.59%	53.16%	—	—	—	—	—	—	—
Operating margin	-271.07%	-175.49%	-153.14%	-153.28%	—	—	—	—	—	—	—
Pretax margin	-260.78%	-140.58%	-184.92%	-179.84%	—	—	—	—	—	—	—
Profit margin	-260.78%	-140.58%	-175.20%	-157.13%	—	—	—	—	—	—	—
EBITDA margin	-235.47%	-147.29%	-132.53%	-132.93%	—	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Services-Amusement & Recreation Services (SIC 7900)
Listed as: GMBL (OTC), GMBLP (OTC), GMBLZ (OTC)
Fiscal year ends: June 30
Incorporated in: NV
Headquarters: Malta, Malta
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1451448
Former names: VGambling Inc. (until May 3, 2017); VGambling, Inc. (until Apr 1, 2015); DK Sinopharma, Inc. (until Aug 15, 2014); VIRTUAL CLOSET, INC. (until Jun 9, 2010)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.